World Bank

Nigerian govt spent N0.7trn on projects in six months, paid N7.7trn in interest

Pluboard Series: The Subsidy Windfall Since President Bola Tinubu ended the petrol subsidy in May...

IFC launches $700m digital payments initiative for emerging markets

The International Finance Corporation (IFC), the private-sector arm of the World Bank Group, last...

139 million Nigerians now live below poverty line despite reforms – World Bank

More than 139 million Nigerians — over six in every ten citizens — are...

World Bank approves $1.25bn Nigeria facility amid debt backlash

The World Bank has approved a fresh $1.25 billion Development Policy Financing (DPF) operation...

World Bank quietly deletes Nigeria fuel import advice after Dangote backlash

The World Bank has quietly removed a controversial policy recommendation that urged Nigeria to...

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...