Over 312 million children in Sub-Saharan Africa remain in extreme poverty – World Bank, UNICEF
A World Bank and UNICEF report has revealed that despite global progress in reducing extreme child poverty, Sub-Saharan Africa has ...
Tag: World Bank
World Bank approves $300 million loan for Internally Displaced Persons in Nigeria
UAC of Nigeria Plc began its 2025 financial year on a mixed note, reporting a pre-tax profit of N11.1 billion ...
World Bank commits to 90,000 kilometers fiber optic project to drive broadband access across Nigeria
The World Bank Group has pledged deeper collaboration with the Federal Government of Nigeria, highlighting a forthcoming nationwide 90,000 kilometers ...
World Bank: 59% of adults in Nigeria and others borrowed in 2024
A new report from the World Bank’s Global Findex 2025 reveals that 59% of adults in low- and middle-income economies, ...
World Bank Appoints Mathew Verghis as Country Director for Nigeria
The World Bank has appointed Mathew Verghis as its new Country Director for Nigeria, effective July 1, 2025. He succeeds ...
World Bank approves extra $65 million loan for Nigeria’s SPESSE project
The World Bank has approved an additional $65 million credit for Nigeria under the Sustainable Procurement, Environmental, and Social Standards ...
World Bank: Conflict, instability driving extreme poverty in Nigeria and 38 other economies
The World Bank has raised alarm over the growing impact of conflict and instability on 39 developing economies, including Nigeria, ...
FG clarifies proposed $21.5 billion debt, taps World Bank, ADB, China, France, EU for new loan
The Federal Government has offered clarifications regarding President Bola Tinubu’s request to the National Assembly for approval of a new ...
World Bank: Food insecurity in Africa soars by 60% despite production gains
Despite improvements in agricultural production, many African countries still struggle to meet their food needs, with the food-insecure population on ...
World Bank faults CBN’s OMO policy, says not working “effectively”
The World Bank has faulted the Central Bank of Nigeria’s (CBN) Open Market Operations (OMO) policy, calling for adjustments to ...
