World Bank

Nigeria Going through Its Worst Unemployment Crisis, Says World Bank

Nigeria is currently going through one of its worst unemployment crises in recent times, a new report by the World…

3 years ago

World Bank Lists Measures for Nigeria to Boost Non-oil Revenue

The World Bank on Thursday reiterated its call for both state and the federal governments in Nigeria to adopt policies…

3 years ago

Rising Prices Pushed Seven Million Nigerians Below Poverty Line: World Bank

The World Bank has stated that inflationary pressure in Nigeria has pushed about seven million Nigerians below the poverty line…

3 years ago

Seven Million Nigerians Pushed Below Poverty Line in 2020, World Bank

About seven million Nigerians have been pushed below the poverty line in 2020 due to the rapid rise in prices…

3 years ago

World Bank Raises Nigeria’s GDP Growth Forecast to 1.8%

The World Bank has increased Nigeria’s Gross Domestic Product (GDP) growth projection for 2021 to 1.8 per cent, higher than…

3 years ago

World Bank to Help Nigeria Lift 100 Million Out of Poverty

The President of the World Bank Group, Mr. David Malpass, on Wednesday said the multilateral institution is focused on supporting…

4 years ago

World Bank Revises Sub-Saharan Africa’s Growth Forecast to 3.4%

The World Bank has revised its growth forecast for Sub-Saharan Africa (SSA) from -5.1 per cent to 3.4 per cent…

4 years ago

Nigeria Owes IMF, World Bank, Others $31.98bn

Nigeria's bilateral and multilateral debts stood at $31.98 billion as of September 2020, according to the latest figures released by…

4 years ago

World Bank: Global Economy to Expand by 4% in 2021, Vaccine Deployment and Investments Key to Growth

The global economy is poised to expand by 4% this year, according to the World Bank, exceeding the 2.9% pace…

4 years ago