World Bank

Energy and Power

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...
Nanji Nandang VENLEY -
Health

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...
Nanji Nandang VENLEY -
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Business and Economy

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...
Harrison EDEH -
Business and Economy

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THE World Bank has withdrawn the latest Nigeria Development Update (NDU) from its website, pulling the document just days...
Zainab ABDULRASAQ -
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Business and Economy

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...
Nurudeen AKEWUSHOLA -
News

Tinubu reforms fail to lift 139 million Nigerians out of poverty, says World Bank

THE World Bank has raised concerns about the inability of the Bola Tinubu-led administration's economic reforms to stabilise the...
Nanji Nandang VENLEY -
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