World Bank

Femi Falana: Nigeria Should Discard Economic Policies of World Bank, IMF and Join BRICS

He said this will help the country trade with the naira instead of the dollar, thereby rescuing the Nigerian currency.

9 months ago

World Bank Cuts Nigeria’s 2023 Economic Growth Projection to 2.9%

The report forecasted a deceleration of economic growth in Sub-Saharan Africa to 2.5 percent in 2023, from 3.6 per cent…

1 year ago

Bolaji Akinyemi: World Bank, IMF Need To Be Restructured And Reformed

He said that there is a need for a new school of thought in the institutions.

1 year ago

 Three Million Nigerian Girls Benefit from World Bank Assisted Education Project

There were also calls for the enrolment of more female teachers in schools, saying this would attract more girls. 

1 year ago

Ex-Mastercard CEO Ajay Banga Confirmed as World Bank Leader

The bank's executive directors said in a statement after Banga's confirmation as president that they looked forward to working with…

2 years ago

$800m World Bank Post-Petrol Subsidy Removal Facility: Nigeria Awaiting Parliament’s Approval for Disbursement

Africa's most populous country ssys 50 million vulnerable citizens identified and registered to receive N5,000 cash each.

2 years ago

World Bank: Currency Depreciations Risk Intensifying Food, Energy Crisis in Nigeria, Other Developing Economies

Food inflation in Nigeria quickened for the seventh straight month to 23.34% in September of 2022 from 23.12 % in…

2 years ago

World Bank to Provide Scholarship to 152,000 Girls in Katsina State

The World Bank through its Adolescent Girls Initiative for Learning and Empowerment (AGILE) project has concluded plans to give scholarships…

2 years ago

World Bank Lists Nigeria Among Countries with Huge Unbanked Population

The World Bank has named Nigeria as one of the seven countries that contribute to half of the global population…

2 years ago

Buhari Urges World Bank and AfDB to Activate $19bn Fund for Climate Investment

President Muhammadu Buhari has charged the World Bank and African Development Bank (AfDB) to activate the $19 billion pledge, meant…

2 years ago

World Bank in Latest ‘Africa’s Pulse’ Projects 2.7% Growth for Nigeria in 2022

The World Bank in its latest Africa’s Pulse, a biannual analysis of the near-term regional macroeconomic outlook, has projected a…

3 years ago

World Bank: Deep Structural Reforms Urgently Needed to Lift Millions of Nigerians Out of Poverty

The World Bank has identified sluggish growth, low human capital, labor market weaknesses and exposure to shocks as factors holding…

3 years ago

Nigeria: FG, States Won’t Be Able to Pay Salaries in 2022 If Fuel Subsidy is Retained, World Bank Says

The World Bank on Tuesday sounded the alarm bells to Nigeria, saying further delay in removing the fuel subsidy which…

3 years ago

Nigerian Households Yet to Recover from Covid-19 Impact, Says World Bank

A new report by the World Bank on Wednesday declared that the COVID-19 has continued to threaten food security in…

3 years ago

World Bank: Boko Haram Caused Economic Activities to Decline in Nigeria’s North-east by 50%

The World Bank has stated that the destruction caused by the Boko Haram sect caused economic activities in the north-eastern…

3 years ago

Nigeria Ranks 6th Among Countries Benefitting from World Bank Loans

Nigeria has been ranked sixth among the top 10 countries with the highest exposure to funds and support from the…

3 years ago

World Bank Raises Nigeria’s Growth Projection to 2.4%

The World Bank Group has raised its 2021 Gross Domestic Product (GDP) projection for Nigeria to 2.4 per cent, higher…

3 years ago

Nigeria Gets $400m in World Bank Financing for Covid-19

Nigeria got approval on Friday for $400 million in World Bank financing to procure and deploy COVID-19 vaccinations, the bank…

3 years ago

IMF Board Meets over Alleged Manipulation of World Bank ‘Doing Business’ Report

The Executive Board of the International Monetary Fund (IMF) on Tuesday met for an initial briefing from the Ethics Committee…

3 years ago

World Bank, AfDB, Global Forum Unleash New EOI Manual To Support Taxation Worldwide

The World Bank Group, the African Development Bank (AfDB) and The Global Forum a leading multilateral body mandated on Transparency…

3 years ago