President and Chief Executive Officer of Dangote Group, Alhaji Aliko Dangote, has been appointed to the World Bank’s Private Sector…
Browsing: World Bank
At the 2025 Spring Meetings of the International Monetary Fund (IMF) and the World Bank, held in Washington, D.C., the…
Nigeria has borrowed over $3.23 billion over the previous four years to address its electrical difficulties. Yet, the country can…
The World Bank’s most recent International Debt Report found that developing nations spent a record $1.4 trillion on foreign debt…
The middle class has long been considered a pillar of economic progress and stability in any community. However, as rising…
An additional 14 million Nigerians are predicted to fall into poverty in 2024 as a result of stagnant labor wages.…
Nigeria’s new minimum wage hike will only help a small portion of the population, according to the World Bank, affecting…
According to the World Bank, Nigeria was losing almost ₦10 trillion in income due to fuel subsidies and multiple exchanges…
Hello and welcome! In today’s trending news stories; 1. The organizers of the October 1 protest against hardship in Nigeria,…
The World Bank has given the approval for a total of $1.57bn to enable Nigeria strengthen human capital through better…
Nigeria has risen to become the third-largest debtor to the World Bank’s International Development Association (IDA) as of June 30,…
The World Bank has announced that it is reorganizing Nigeria’s Digital Identification for Development (ID4D) initiative to ensure that the…
Under growing pressure from the U.S. dollar index, the naira softened by 71 basis points in the official market, indicating…
The National Identity Management Commission (NIMC) has received $45.5 million from the World Bank thus far as part of the…
The registrar of the Teachers Registration Council of Nigeria (TRCN), Josiah Ajiboye emphasized the urgent need to tackle the issue…
Following the nationwide price rise for the nation’s largest consumers last month, the federal government has obtained a $500 million…
Finance Minister Wale Edun has announced the Federal Government’s anticipation of a $2.2 billion loan from the World Bank and…
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that only nine tax heads provide nearly…
The World Bank Group and the African Development Bank Group are collaborating on an ambitious initiative to give power to…
The World Bank Group unveiled an ambitious plan during its flagship event at the International Monetary Fund (IMF)/World Bank spring…
Nigeria, Ethiopia, Malawi, Sierra Leone, and Zimbabwe are the Sub-Saharan African (SSA) countries with the biggest rise in food inflation…
The World Bank has expressed satisfaction with Nigeria’s performance in the competition to guarantee the digital identification of its citizens…
Nigeria is talking with the World Bank to get another $500 million loan in May 2024. This loan is called…
Let us begin with the profound words of Chief Obafemi Jeremiah Oyeniyi Awolowo, a Nigerian nationalist and statesman who played…
World Bank Managing Director of Operations, Ms Anna Bjerde, has revealed that approximately 600 million people in Africa are at…
The World Poverty Clock estimates that approximately 70.92 million Nigerians live in extreme poverty.This amounts to 11% of the world’s…
On Tuesday, the World Bank and the Federal Government, via the Ministry of Solid Minerals Development, reaffirmed their commitment to…
The World Bank has approved $1 billion loan to support South Africa’s energy sector which is currently experiencing the worse…
We are witnessing how African leaders use their country’s land, resources, infrastructure as collateral for Odious Loans which both lenders…
Amid heightened criticisms and intense debates over several significant global issues including new financial architecture, economic diversification, growing debts and…
