World Bank

Nigeria secures $126m in fresh funding for 90,000km fibre rollout

Nigeria has secured $126 million in new European backing for Project BRIDGE, the federal...

World Bank warns Nigeria: 139m citizens still in poverty despite reform progress

The World Bank has warned that while Nigeria’s recent economic reforms have begun to...

World Bank: Nigeria’s crushing poverty to worsen despite oil wealth

Despite Nigeria’s natural resource wealth and repeated government assurances of progress, more citizens are...

Why cost-of-living crisis is acute in Sub-Saharan Africa – IMF

The International Monetary Fund (IMF) has given reasons it says have intensified the ongoing...

World Bank approves $50 million for Nigeria’s worsening nutrition crisis

The World Bank has approved a $50 million allocation under the Accelerating Nutrition Results...

World Bank appoints new country director for Nigeria

The World Bank has appointed Ndiamé Diop as its new country director for Nigeria. Mr Diop,...

World Bank, IMF meetings return to Africa after 50 years

The annual meetings of the World Bank and the International Monetary Fund will go...

Exclusive: World Bank denies Uganda bias, explains gay law decision

The World Bank has denied bias in its decision to halt further lending to...

World Bank suspends lending to Uganda over anti-LGBTQ law

The World Bank says it is suspending financial assistance to the Ugandan government after...

World Bank cuts Nigerian economy growth forecast again

Nigerian economy will grow at a slower pace in 2023 than projected six months...