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WORLD BANK
The World Bank has said that about 600 million people risk continued power shortages in Africa, as the continent may continue to grapple with electricity deprivation by 2030.
The World Bank has stated in its latest Food Security report projects that seven states across the North-west and North-east to be at crisis food security level in 2024 because of insecurity and armed conflicts reducing the standards of living across the region.
The latest Food Security Update report from the World Bank, released on Tuesday, highlights that inflation in food prices remains high worldwide across low, middle, and high-income nations, according to available data.
Anna Bjerde is set to land in Nigeria for a pivotal two-day engagement in an unprecedented visit scheduled for February 06, 2024.
The World Bank has announced plans to restructure the Innovation Development and Effectiveness in the Acquisition of Skills (IDEAS) Project in Nigeria.
The Minister of Budget and Economic Planning, Atiku Bagudu, has urged Nigerian states to rapidly access the remaining...
The federal government is in talks with the World Bank for a $1.5 billion loan to support the...
The Federal Government has revealed its intention to expand the Nigeria for Women Project (NFWP) in collaboration with the World Bank, aiming to extend economic empowerment to additional rural communities.
The World Bank has warned that an increase in conflict in the Middle East could potentially worsen the food insecurity in Nigeria.
The World Bank has projected that Nigeria’s per capita income will return to its pre-pandemic level by 2025.
Sending money to Nigeria and other Sub-Saharan African countries from the diaspora has become even more expensive in 2023, maintaining its position as the most expensive region for remittance.
Nigeria secured total loans of $2.7 billion from the World Bank under the administration of President Bola Tinubu amid concerns over the country’s rising external debt servicing costs.