Nigeria is currently going through one of its worst unemployment crises in recent times, a new report by the World Bank has stated. The multilateral institution also noted that the

The World Bank on Thursday reiterated its call for both state and the federal governments in Nigeria to adopt policies that would increase non-oil revenue. In a presentation Thursday during

About seven million Nigerians have been pushed below the poverty line in 2020 due to the rapid rise in prices of commodities. The international financial institution said food prices accounted

The World Bank has increased Nigeria’s Gross Domestic Product (GDP) growth projection for 2021 to 1.8 per cent, higher than the 1.1 per cent it had estimated for the country

The President of the World Bank Group, Mr. David Malpass, on Wednesday said the multilateral institution is focused on supporting the federal government’s bid to lift 100 million Nigerians out

The World Bank has revised its growth forecast for Sub-Saharan Africa (SSA) from -5.1 per cent to 3.4 per cent growth for 2021. The Washington-based institution, in its latest Africa’s

Nigeria’s bilateral and multilateral debts stood at $31.98 billion as of September 2020, according to the latest figures released by the Debt Management Office  (DMO). The outstanding debts are not

The global economy is poised to expand by 4% this year, according to the World Bank, exceeding the 2.9% pace recorded in 2019, before Covid-19 pushed worldwide output into a