Nigeria’s economy is projected to grow by 4.2 percent in 2026 despite rising global uncertainty driven by the ongoing Iran conflict, according to the World Bank....
Nigeria is targeting the connection of 5.2 million people to electricity by June 2026 under a $750 million renewable energy programme backed by the World Bank....
The World Bank has revised downward the size of a planned grant to the Central Bank of Nigeria (CBN) from $10.5 million to $6.8 million, according to...
Nigeria is on track for its strongest economic expansion in more than a decade as structural reforms, improving macroeconomic stability, and sectoral recovery combine to lift...
A new report by the World Bank has revealed that Nigeria’s multi-billion-naira social safety-net schemes are failing to reach the nation’s most vulnerable citizens despite years...
The World Bank has reinstated over $2 billion in concessional financing to Uganda, ending a two-year suspension and reinforcing its commitment to the country’s development strategy....
The World Bank has credited Nigeria’s ongoing economic reforms under President Bola Ahmed Tinubu for what it projects to be the first decline in the country’s...
The World Bank has warned that 23 African countries are currently in or at high risk of debt distress as governments across the continent struggle to...
The World Bank has warned that Africa’s labour force is set to almost double by 2050, a development that will mount unprecedented pressure on governments to...
The World Bank has downgraded its 2025 global growth forecast to 2.3 percent from an earlier projection of 2.7 percent, citing escalating trade tensions, policy uncertainty...