Nigeria Disagrees With World Bank Over ₦7.7tn Debt Interest Payments
THE Federal Government has disagreed with the World Bank on the latter’s concerns that interest payments of N7.7tn in the first half of.
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10.46m Households Receive ₦658.9bn As World Bank Calls For Stronger Cash Transfer Programme
THE Federal Government has disbursed ₦658.9bn in direct cash transfers to 10.46 million poor and vulnerable households as of September 2026, but the.
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Tinubu Welcomes World Bank Report, Says Economic Reforms Are Delivering Results
PRESIDENT Bola Tinubu has welcomed the World Bank’s October 2026 Nigeria Development Update, titled ‘Beyond the Federal Purse: How Higher Revenues Reshaped State.
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FG Threatens To Cancel World Bank Loans Delayed Beyond Six Months
THE Federal Government has called on the World Bank to expedite the approval and disbursement of project funds to Nigeria, threatening to cancel.
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MAAUN-AISD Joins World Bank-Backed HOPE-EDU Workshop In Kano
A DELEGATION from the African Institute for Solutions and Development (AISD) of Maryam Abacha American University of Nigeria (MAAUN) participated in a sensitisation.
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Inflation Falls, Hardship Grows: Economic Gains Fail To Lift Nigerians As Poverty Hits 63%
POVERTY in Nigeria rose to 63 per cent in 2025 despite a notable slowdown in inflation, highlighting the limited impact of recent macroeconomic.
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World Bank Warns Nigeria, Others Of Looming Job Crisis
THE World Bank has issued a stark warning that Nigeria and many other developing economies could face a severe employment crisis over the.
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Tinubu Seeks World Bank Support To Boost Agriculture, Economic Reforms
PRESIDENT Bola Tinubu has called on the World Bank to support Nigeria’s ongoing economic reforms, with a focus on agriculture, youth employment, and.
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World Bank Sets Date To Approve Nigeria’s Fresh $1bn Reform Loan
THE World Bank has fixed December 16 as a tentative approval date for a fresh $1bn Development Policy Financing loan to the country.
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Presidency, World Bank Clash Over Claim That 139 Million Nigerians Are Poor
THE Presidency has strongly disputed the latest World Bank report estimating that 139 million Nigerians are living in poverty, describing the figure as.
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World Bank Explains Delay In Disbursement Of Nigeria’s $2bn Loans
THE World Bank has clarified why about $2bn (₦3tn) in loans signed for Nigeria in 2024 remain undisbursed nearly a year after approval,.
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Nigeria Trails Only Bangladesh, Pakistan In World Bank IDA Borrowing
NIGERIA has retained its position as the world’s third-largest debtor to the World Bank’s International Development Association (IDA), with its total obligations climbing.
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World Bank Places Nigeria Behind Libya, Gabon In Income Rankings
THE World Bank has again ranked Nigeria among the Lower-Middle Income Economies (LMIEs), placing Africa’s top oil producer behind conflict-ridden Libya and Gabon.
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Federal Government, World Bank In Fresh $17bn Poverty Intervention Deal
THE Federal Government and the World Bank have entered a fresh partnership towards tackling poverty and boosting the living standards of Nigeria’s vulnerable.
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Nigeria Remains Africa’s Biggest Economy, World Bank Says
THE World Bank’s Country Director for Nigeria, Dr. Ndiame Diop, has confirmed that Nigeria remains the largest economy in Africa by Gross Domestic.
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World Bank Approves Fresh $1.57bn Support Fund For Nigeria
THE World Bank has approved three operations for a total of $1.57bn to support the Federal Government in strengthening human capital through better.
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Federal Government To Receive $2.25bn World Bank Loan June 13
THE Federal Government is poised to receive fresh loan funding from the World Bank, with approval expected for loans totalling $2.25bn on June.
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‘N5,000 Cash Transfer Scheme Had ‘Little Impact’, World Bank Tells FG
THE World Bank on Thursday, said the Federal Government’s ₦5,000 cash transfer scheme had little impact on household consumption and financial inclusion. The.
Africa
Tanzania Denies Abuse Reports As World Bank Halts Funds
THE Tanzanian government has denied allegations that villagers have been subjected to abuses, including forced evictions, as part of a project to expand.
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Kano Gov Recieves World Bank Representatives, Seeks Extension Of Intervention Projects
KANO State Government has sought extension of World Bank intervention projects to broaden the socio-economic and developmental impact in the state. Besides, the.