Rising debt has pushed Nigeria up the World Bank’s top 10 International Development Association borrowers’ list. The World Bank Fiscal Year 2021 audited financial statements, known...
… says $9bn needed to rebuild schools Almost 700,000 students and over 25,000 educators have been displaced since the outbreak of the Russian/Ukrainian war, the World Bank...
THE World Bank has warned that the rising prices of food items will reverse the progress of poverty alleviation in Nigeria. It gave this warning in...
The President of the World Bank Group, David Malpass has lamented the impact of rising food and energy costs across the world, urging Nigeria and other...
…says it could pose debts sustainability problem Nigeria’s increasing fuel subsidy could pose debt sustainability issue for the country, the World Bank has said. The bank...
The World Bank on Tuesday released its November 2021 Nigeria Development Update, which showed — among other things — that eight million Nigerians fell into poverty...
The World Bank has disqualified nine Nigerian individuals and firms from executing any contract with it for engaging in corrupt, fraudulent and collusive practices. Eight Nigerian...
The World Bank Group says a higher global inflation rate is ahead, noting the current oil price rise may continue into 2022, after recording 80 per...
The Presidency has clarified that the the Federal Government’s latest external loan requests are for a total of 15 projects in the six geo-political zones of...
The World Bank has named Nigeria among top 10 countries with high debt risk exposure. This is contained in a financial statement for International Development Association,...
