World Bank

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Extreme poverty rising fast in Nigeria, World Bank warns

THE World Bank has warned that extreme poverty is rising rapidly in Nigeria. It gave the warning in its latest...
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Business and Economy

Nigeria loses $4m World Bank loan over audit failures in Customs, FIRS

The Federal Government is expected to lose $4 million from a World Bank loan after failing to meet auditing...
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Business and Economy

NNPCL remitted only 50% of fuel subsidy savings to government – World Bank

THE Nigerian National Petroleum Company Limited  (NNPC) has only been remitting 50 per cent of the gains generated from...
Ehime ALEX -
Business and Economy

Nigerian economy can grow by 3.6 % in 2025 – World Bank

The World Bank Group has expressed optimism in Nigeria’s economic outlook, projecting a 3.6 per cent growth rate for...
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News

More Nigerians to become poorer by 2027 amid Tinubu’s reforms, says World Bank

DESPITE the policies of Bola Tinubu's administration and its economic reforms, the World Bank has projected that poverty in...
Harrison EDEH -
Business and Economy

World Bank blacklists 2 Nigerian firms, CEO over fraud in humanitarian projects

THE World Bank Group has announced a 30- month blacklisting of two Nigerian companies, Viva Atlantic Limited, and Technology...
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