The World Bank Country Director for Nigeria, Mr. Shubham Chaudhuri, has voiced alarm over Nigeria’s exceptionally low levels of public spending, which he contends are among...
Investigation has shown that Nigeria faces the challenge of an unutilized World Bank loan amounting to $8.25 billion as of July 2023. This information has been...
The World Bank is planning to fund the construction of 1,000 mini solar power grids in Africa’s biggest economy Nigeria in partnership with the government and...
Nigeria's Economic Outlook Transformed: World Bank's Forecast of N3.9 Trillion Savings in 2023 Paves the Way for Sustainable Growth and Development
World bank approves $500 million loan to drive women's empowerment in Nigeria, promoting gender equality and sustainable development
In a significant development aimed at fortifying Micro and Small Medium Enterprises (MSMEs) and ensuring food security in Nigeria, the World Bank has granted a crucial...
Nigeria’s President Muhammadu Buhari has requested a fresh $800 million loan from the World Bank to fund the National Social Safety Net Programme. The loan will...
The Food and Agriculture Organization (FAO), a United Nations agency, has sourced $16.36 million (N7.54 billion) to boost Nigeria’s agriculture sector. The funding is part of...
Nigeria’s external debt profile has been a cause for concern in recent times, and a new report from the Debt Management Office (DMO) reveals that the...
According to a recent report released by the World Bank, low-skilled Nigerians who migrated to the United States have experienced a significant increase in their earnings...