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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...
The World Bank and the US Export-Import Bank (EximBank) say they will commit over $3 billion to the implementation of Nigeria’s energy transition plan. The international...
The executive governor of Imo State, Hope Uzodimma, says the country will continue to rely on the Central Bank of Nigeria (CBN) to secure the country’s...
In light of Nigeria’s dwindling revenue, the continued payment of trillions of naira on fuel subsidies by the government, and the attendant economic challenges, the World...
