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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...
Nigeria’s rising debt has moved the country up the World Bank’s top 10 International Development Association borrowers’ list. The World Bank Fiscal Year 2021 audited financial...
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...
