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World Bank

14 Million Nigerians Slide into Poverty Due to Low Income – World Bank

An estimated 14 million Nigerians were pushed into poverty in 2024 due to low labor income amid rising inflation, according…

2 months ago

World Bank Warns FG Not to Reverse Current Economic Reforms

The World Bank has advised the federal government not to reverse the ongoing economic reforms, cautioning that such a move…

3 months ago

Eradicating Poverty May Take Over 100 Years in Many Countries – World Bank

The World Bank has warned that eradicating poverty for nearly half the global population could take more than 100 years,…

3 months ago

World Bank Reports 7% Reduction in Nigeria’s Poverty Levels

The World Bank has reported a notable seven percent reduction in extreme poverty in Nigeria and Tanzania, attributing this positive…

12 months ago

Nigeria: World Bank Distributes $300 Million In Palliative Loans

World Bank disburses $300 million in palliative loans for the National Social Safety Net Program-Scale Up. On Wednesday, the bank…

1 year ago

CCT: FG Seeks Additional $400m Loan For Support To 15 Million Households

The Federal Government has approached the World Bank for a new $400 million loan to support conditional cash transfers (CCT)…

1 year ago

Nigeria Maintains 4th Place On World Bank’s List Of Borrowers With $14.3bn Debt

Nigeria has held onto its fourth position on the World Bank's top 10 International Development Association (IDA) borrowers' list, advancing…

1 year ago

World Bank Grants $700M Loan To Nigeria For Education, Empowerment

The World Bank has given the green light for a new $700 million loan to support education and empowerment initiatives…

1 year ago

Zamfara Gov Seeks World Bank Partnership In Solid Minerals Exploration

Zamfara State Governor, Dauda Lawal, has appealed to the World Bank for a partnership aimed at harnessing the abundant solid…

1 year ago

Subsidy Removal: FG To Seek World Bank Funds, Provide Palliatives For Workers

Following the removal of fuel subsidy, the National Economic Council (NEC) has made moves to provide palliatives for workers and…

2 years ago
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