The government had already budgeted a sum of N3.36 trillion for subsidy for the first six months of 2023
The World Bank has Nigeria’s poor job creation habit could plunge additional 23 million people below the poverty line by 2030 while 80 million working Nigerian...
Despite the huge borrowing, the World Bank has rated Nigeria low on infrastructure. While asserting that the country’s infrastructural deficit would likely reach $3 trillion in...
The World Bank has approved a sum of $750 million to help Nigeria in its efforts to create more jobs.
The number of unbanked adults in Nigeria continues to decline as the Federal Government through the Central Bank of Nigeria (CBN) intensified financial inclusion efforts.
Rising cost of goods and services is expected to compound Nigeria's high cost of subsidizing fuel and eventually impede the nation's ability to wriggle out of...
The World Bank Group has said COVID-19, the ongoing Ukraine war and rising global interest rates have pushed public debt in Nigeria and other low and...
The World Bank and the French Development Agence (AFD) have signed a tripartite agreement with the Federal Government of Nigeria to commit a total sum of...
The World Bank has said Nigeria’s rising inflation rate could push an additional one million people below the poverty line by the end of 2022. The...
The World Bank has said Rwanda will outgrow Nigeria, South Africa and all other African countries in 2022 despite the projected slow pace of growth when compared...