World Bank

Nigeria To Secure $2.2bn Loan From World Bank- Finance Minister Reveals

Nigeria is on the brink of securing a financial boost from the World Bank, as Finance Minister Wale Edun unveiled… Read More

2 weeks ago

World Bank, AfDB Partner To Provide Electricity For 300 Million Africans By 2030

The World Bank and the African Development Bank (AfDB) have joined forces with a mission: to light up Africa. They… Read More

2 weeks ago

Why Nigeria’s Poor Growth Will Weaken West Africa’s Economy– World Bank

The World Bank forecasts subdued growth in Nigeria, dampening economic prospects for the broader Western and Central Africa region. In… Read More

3 weeks ago

World Bank Urges Investors To Explore Developing Economies For Untapped Opportunities

The World Bank Group is pushing for a renewed focus on emerging markets, encouraging investors to delve into untapped opportunities… Read More

3 weeks ago

Nigeria’s Inflation Expected To Drop To 15.1% In 2026, Says World Bank

The World Bank has projected Nigeria's inflation to drop to 15.1% by 2026. In a report by the World Bank… Read More

4 weeks ago

World Bank: Trade Cost In Africa 5 Times Higher Than United States, Cites Insecurity, Poor Infrastructure, Others As Causes

The World Bank highlighted disparities in trade costs across African countries compared to the United States. According to the report,… Read More

4 weeks ago

Why Borno, Adamawa, Kaduna, Others Risk Severe Food Crisis – World Bank

The specter of a severe food crisis looms over parts of Nigeria, with the World Bank shedding light on the… Read More

3 months ago

Why IMF Downgraded Nigeria’s Economic Growth Forecast To 3% – Report

The International Monetary Fund (IMF) has adjusted Nigeria's economic growth forecast for 2024, downgrading it to 3.0% from the previously… Read More

3 months ago

Nigeria Seeks Fresh $1.5bn World Bank Aid To Tackle Forex Crisis

Nigeria is pursuing a $1.5 billion aid package from the World Bank to address the severe dollar shortage, contributing to… Read More

4 months ago

Middle East Conflict May Deepen Food Crisis In Nigeria, Sub-Saharan Africa, World Bank Warns

World Bank's Global Economic Prospect report predicts a potential escalation of food insecurity across Nigeria and Sub-Saharan Africa due to… Read More

4 months ago

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