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WORLD BANK
The Federal Government of Nigeria is pursuing a $500 million loan from the World Bank aimed at the development of rural roads and agricultural marketing.
The World Bank has stated that monetary policy tightening by the Central Bank of Nigeria (CBN) may not rein in inflation as anticipated by analysts.
State governments have raised concerns over the Federal Government's use of foreign loans to fund grants and subsidies for private investors involved in rural electrification programs.
The World Bank has mandated the hiring of a security consultant to address pervasive insecurity issues affecting its $1.2 billion loan project in Nigeria.
Africa will receive only 2% of the $2 trillion global clean energy investment in 2024 according to a new report by the International Energy Association (IEA).
The Federal Government of Nigeria has officially requested an extension from the World Bank for the Multi-Sectoral Crisis Recovery Project (MCRP) aimed at rehabilitating the conflict-affected regions of North-East Nigeria.
The World Bank Group has predicted a positive trend for African countries, noting that their public debt will drop in 2024.
The World Bank may approve loans to Nigeria totaling $2.25 billion across two major projects on June 13, 2024.
The International Monetary Fund (IMF) has expressed concerns over the Nigerian government's strategy to issue domestic dollar-denominated bonds, according to the recently published IMF staff country report for Nigeria.
A new research by the World bank has revealed that the conditional cash transfer program of the federal government since 2016 had limited effects on household consumption, financial inclusion or employment of beneficiaries especially women.
A recent report by the World Bank has shown that extreme weather events are devastating health globally and climate’s negative effects could drive 44 million people into poverty by 2030.
Between mid-2022 and mid-2023, global commodity prices experienced a notable decrease of 40%, impacting commodities such as oil, gas, and wheat.