Diaspora remittance inflows from Nigerians living in other countries around the world amounted to $125.169 billion in the six-year period spanning 2016 to 2021. This is...
The World Bank has provided one billion dollars to strengthen resilience and improve the livelihood of the people in the countries affected by the insurgency in...
The World Bank has revealed that domestic food price inflation remains high worldwide, amidst 205 million people facing acute food and nutrition insecurity. This is despite...
By Rosemary Iwuala David Malpass, The World Bank Group President, says global growth is expected to be weak in 2023, slowing to two per cent from...
Ahead of planned fuel subsidy removal by June 2023, the World Bank has granted the Nigerian government $800 million to put up a comprehensive palliative scheme...
The World Bank Group has delivered a record $31.7 billion in fiscal year 2022 (FY22) to help countries address climate change. This is a 19% increase...
Debt servicing is taking a better part of Nigeria’s fiscal arrangement as the Federal Government projected to spend up to N10.43 trillion to service debts by...
Faults Nigeria’s N6.7 trillion fuel subsidy The World Bank has committed $8.5 billion to Nigeria to fund critical issues ranging from agriculture to education. Disclosing...
Nigeria lost at least $1.8 billion yearly between 2010 and 2019 as a result of the federal government’s protectionist measures, the World Bank has said. According to the...
World Bank Sees Dangers against Nigeria’s 3.4% GDP Growth Forecast The World Bank has identified fuel shortage and rising inflation as likely restraints to economic growth...