The World Bank has said that Nigeria is in a worsening situation, with economic performance becoming weaker as inflation persists. The Washington-based bank said this in...
The World Bank Group has launched a new trust fund for Pandemic Prevention, Preparedness, and Response (PPR). The President, David Malpass said the United States-backed support...
The total debt owed to the World Bank Group by Nigeria rose by $660m in the first six months of 2022, the Punch has learnt. This...
The World Bank Group has said that Nigeria’s human capital development ranks among the worst globally. The Washington-based bank stated this in a new report titled,...
The World Bank has said that Nigerian states will likely lose N18.8bn in oil and gas revenues in 2022, as worsening revenue collection at the federation...
The World Bank has said that the war in Ukraine has dealt a major shock to commodity markets, altering global patterns of trade, production, and consumption...
The two big problems facing global growth are debt and inflation, the World Bank said on Monday. The President, David Malpass made the remark at Spring...
The World Bank says it is hopeful the Federal Government can achieve its target of lifting 100 million Nigerians out of poverty in 10 years, but...
The World Bank has disclosed that Nigeria’s debt, which may be considered sustainable for now, is vulnerable and costly. According to the Washington-based global financial institution,...
The World Bank has decried the continued spending by the Nigerian government on petrol subsidy, which it said is on track to gobble up N2.9tn this...