The Senate on Wednesday approved the sum of $5,803,364,553.50 and a grant component of N10 million dollars under the 2018-2020 External Borrowing (Rolling) plan. The approval...
The World Bank says Nigeria’s economy is expected to grow by 2.4 per cent in 2021 owing to support by the service sector. The Bretton Woods...
The World Bank has said it approved $11.5bn in lending to Western and Central African countries for 98 operations. The World Bank said this in its...
The World Bank’s Board of Directors has approved a $400 million dollar credit to Nigeria in additional financing, from its International Development Association (IDA), for COVID-19...
The World Bank has stated that Nigeria is among a list of top 10 countries with high debt risk exposure. It stated this in the financial...
Nigeria has been described by the World Bank as the country with the worst revenue to gross domestic product (GDP) ratio in the world. This was...
A new report by the World Bank says a full decade of economic growth in Nigeria is likely to be lost by the end of 2021....
The World Bank has revealed that an estimated 7 million Nigerians were pushed below the poverty line in 2020. This was contained in a press statement...
Socio-Economic Rights and Accountability Project (SERAP) has urged the World Bank President Mr David Malpass “to exercise the Bank’s prerogative to release archival records and documents...
The World Bank has approved $500m to help boost access to electricity in Nigeria and improve the performance of the electricity distribution companies in the country....
The World Bank has approved Nigeria’s request for a $1.5 billion loan. In a statement on Tuesday, the Bretton Wood institution said the facility is a...
The World Bank has cleared 35 states in Nigeria for the US$1.5billion stimulus package to cushion the economic effects of the Covid-19 pandemic. The plan is...