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The World Bank has committed $8.5 billion to Nigeria to fund critical issues ranging from agriculture to education. Disclosing this on Thursday in Abuja during a...
The World Bank in its Global Findex 2021 report, says Nigeria, India are among the developing countries contributing to the global unbanked population. According to the...
The Central Bank of Nigeria (CBN)’s multiple exchange rates, trade restrictions, and the financing of the public deficit continue to damage the business environment, says the...
According to the World Bank, the inflation shock in Nigeria is projected to push about 15 million more Nigerians into poverty between 2020 and 2022. The...
World Bank has advised policymakers to focus on targeted safety-net programmes rather than food or fuel subsidies. The Washington based institution disclosed this in its latest...
The World Bank has sanctioned SoftTech IT Solutions and Services Ltd., a Nigerian information technology solutions company, and its Managing Director, Mr. Isah Kantigi, for alleged...
The Country Director, World Bank, Shubham Chaudhuri, says Nigeria’s decision to postpone the full deregulation of the downstream sector of the petroleum industry by 18 months...
The World Bank has decried the continued spending by the Nigerian government on petrol subsidy, which it said is on track to gobble up N2.9tn this...
The World Bank has debarred nine Nigerian individuals and firms from executing any contract with it for engaging in corrupt, fraudulent, and collusive practices. This is...
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...
