Nigeria Labour Congress, NLC, has stated that the International Monetary Fund, IMF, and the World Bank, were responsible for the economic hardship Nigeria currently faces. The...
By Jide Taiwo The World Bank has disclosed that more than half of African governments face unsustainable debt burdens. This is contained in a statement issued...
The World Bank has stated that the Nigerian Federal Government may still be paying for fuel subsidy, considering that fuel prices are currently not cost-reflective in...
The Socio-Economic Rights and Accountability Project, SERAP, has written to the World Bank, asking it to suspend loans to the country’s 36 states. In a letter...
The World Bank has raised tha alarm that the rising inflation and low economic growth in Nigeria will push a further 2.8 million people into poverty...
The World Bank recently issued a concerning report about the impact of inflation on Nigeria’s population. According to the report released on Thursday, an estimated 7.1...
President Bola Tinubu has asked the Senate to permit his administration to go ahead with the processing of a $800m loan facility from the World Bank...
The World Bank Group has approved a loan of $500m for Nigeria’s federal government to help drive women’s empowerment. According to reports, this is the second...
Nigeria, like many other countries around the world, struggles with issues of economic inequality and a lack of a stable middle class. The country has a...
A World Bank report has revealed that the Nigerian Diaspora community remitted $168.33 billion to the country in the past eight years. The remittance was made...
The World Bank has made a new revelation on Nigeria’s debt. It revealed that Nigeria used 96.3 per cent of its revenue generated in 2022 to...
Banks are places most people keep their money, including the world’s richest. Banks are richer than each other depending on the type of account they manage...