W’Bank Projects Stronger Growth for Nigeria at 3.6%
The World Bank has projected a 3.6% economic growth rate for Nigeria in 2025 despite global trade uncertainties. This projection, ...
Tag: World Bank
W’Bank: Nigeria Records Highest Economic Growth in a Decade
Nigeria’s economy showed significant improvement in the last quarter of 2024, posting its highest growth in a decade. This was ...
LCCI Reacts as W’Bank Approves Fresh $500m Loan for Nigeria
The Lagos Chamber of Commerce and Industry has called for a stable operating environment to effectively utilise the approval of ...
Nigeria Secures $500m W’Bank Loan for Economic Resilience
The World Bank has approved the $500 million loan to Nigeria to support the country’s Community Action for Resilience and ...
Nigeria’s NIN Enrolment Hits 117.3 Million as NIMC Expands Digital ID Initiatives
This is an increase of over seven million new enrolees within five months
Gender Bonds and Women’s Empowerment: A Conversation with Beatrice Eyong of UN Women
Even with countless empowerment programs, policy statements, and international pledges, the gender gap in financial access is still as stubborn ...
World Bank Extends ID4D Project, Raises NIN Target to 180 Million
This is an increase from the previous target of 148 million, which was not achieved by the initial deadline of ...
Nigeria Spent N13trn on Forex Subsidy in 3 Years – W’Bank
The federal government of Nigeria incurred a significant loss of N13.2trn in foregone revenue as a direct consequence of the ...
BOI Launches App to Monitor Real-Time Food Prices as Nigeria Confronts Inflation
The app, which was rolled out today, covers eight states
GEAPP, Rockefeller Foundation, SEforALL Advance W’Bank and AfDB Mission to Electrify 300 Million in Africa
Ahead of Climate Week NYC, the Global Energy Alliance for People and Planet (GEAPP), Sustainable Energy for All (SEforALL), and The Rockefeller Foundation announced ...
World Bank to Supervise Nigeria’s underperforming $500 Million Electricity Loan
The World Bank plans to supervise Nigeria's $500 million electricity loan from July 8 to 12, 2024, aimed at enhancing ...
World Bank Approves $2.25 Billion Loan For Nigeria’s Economic Reform
The World Bank has approved two financing facilities of $2.25 billion to support the Federal Government of Nigeria’s efforts in ...
Government Borrowing: Investing in the Future or Burdening Future Generations?
The International Monetary Fund (IMF) projects that by 2026, Nigeria may spend nearly 100% of its revenue on debt servicing
Five Strategies to Prevent Payment Delays from Hurting Your Business
Payment delays pose significant challenges for businesses across Africa. Maintaining a steady cash flow is essential for business growth and ...
Nigeria, World Bank Partner to Boost Broadband Infrastructure with $3 Billion Initiative
…This joint effort is a way forward in achieving the Nigerian National Broadband Plan 2020-2025, which aims for 70% broadband ...
