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The Nigeria Labour Congress, on Thursday, warned the Federal Government against heeding the advice of the World Bank to increase the pump price of Premium Motor...
The World Bank says poverty rate in Nigeria has increased to 46 percent in 2023, representing 104 million poor Nigerians. This was disclosed in World Bank’s...
The Nigeria National Petroleum Corporation Limited is not transparent about the financial gains from fuel subsidy removal, the World Bank has disclosed. This extends to subsidy...
World Bank country director for Nigeria, Shubham Chaudhuri, says the multilateral lender is collaborating with the federal government to ensure the successful rollout and registration of...
Ajay Banga, president of the World Bank, will arrive in Nigeria on Wednesday for a three-day visit. According to a statement issued by the Bretton Woods...
The naira lost 10.2 percent of its value in 2022, according to the World Bank. This came as rising food and fuel prices were responsible for...
Nigeria’s economic growth is projected to decelerate to 2.9 percent in 2023 and remain at that pace in 2024, the World Bank has said. The growth...
The World Bank says Nigeria’s growth has been stagnant in the past decade despite its huge potential. The bank said this in its latest report titled,...
The World Bank has projected that debt servicing will gulp 123.4 percent of the Federal Government’s revenue in 2023. This was according to a presentation made...
The World Bank has said that Nigeria’s economic outlook is uncertain and its ability to attract domestic and foreign investments is also crashing. It also noted...
