News World Bank announces $100bn loan for poorest countries Alagbe Shenayon Dec 6, 2024 The World Bank has unveiled nearly $24 billion in loans and grants aimed at supporting some of the world’s poorest countries,…
Business Reports submitted to FAAC by NNPCL are inconsistent, lacks details on… Alagbe Shenayon Oct 28, 2024 The World Bank has highlighted inconsistencies and insufficient operational details in the reports submitted by the Nigerian…
News Economist warns FG against World Bank, IMF Toyibat Ajose Oct 26, 2024 The Chief Economist at SPM Professionals, Paul Alaje, on Friday urged the Federal Government to exercise caution regarding advice…
News IMF slashes Nigeria’s growth prospects over low oil production, severe… Alagbe Shenayon Oct 23, 2024 The International Monetary Fund (IMF) has downgraded Nigeria's growth forecast due to challenges such as low crude oil…
News Over half of Nigeria’s population living in poverty – World… Oluwadamilare Emmanuel Oct 23, 2024 The World Bank has said over 50% of Nigeria’s population lives in poverty. In its latest Nigeria Development Update (NDU)…
Business Why Nigeria shouldn’t reverse current economic reforms – World… Oluwadamilare Emmanuel Oct 17, 2024 The World Bank has warned that reversing the reforms by President Bola Tinubu’s administration will spell doom for Nigeria.…
Business Nigeria must sustain 15 years of reforms to ensure impact — World Bank Toyibat Ajose Oct 15, 2024 The World Bank has emphasized that Nigeria must continue its current economic reforms over the next 10 to 15 years to solidify its…
News More than one million Nigerians affected by severe food crisis in 2024 —… Alagbe Shenayon Oct 12, 2024 Nigeria is grappling with an escalating food security crisis, with more than one million additional people facing severe food…
Business Tinubu govt borrowed $6.45billion from World Bank – Report Toyibat Ajose Oct 10, 2024 The Federal Government, led by President Bola Tinubu, has secured $6.45 billion in loans from the World Bank within just 16…
News World Bank approves fresh $1.57bn support fund for Nigeria Alagbe Shenayon Sep 30, 2024 The World Bank has approved three operations totaling $1.57 billion to assist the Federal Government in enhancing human capital by…