World Bank

Nigerian states’ revenues rise 93%, education spending falls – World Bank

THE World Bank says revenues across Nigeria’s 36 states increased by 93 per cent between 2023 and 2025, while...

FG cancels $717.7m World Bank power loan amid worsening blackouts

THE Federal Government has cancelled $717.7 million in undisbursed World Bank funding earmarked for Nigeria’s struggling power sector. According to...
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Nigeria ranks lowest in global life expectancy

A CHILD born in Monaco can expect to live 30 years longer than a child born in Nigeria. This is...

More knocks for World Bank over petrol imports advisory for Nigeria

THE World Bank's petrol imports advisory to Nigeria is attracting more condemnations as Nigeria's local refineries continue to meet...
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World Bank withdraws Nigeria development report following controversial ‘fuel import’ stance

THE World Bank has withdrawn the latest Nigeria Development Update (NDU) from its website, pulling the document just days...

World Bank approves $500m to boost MSME financing in Nigeria

THE World Bank has approved a $500 million financing package to expand access to finance micro, small, and medium...
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