World Bank says Nigeria’s macroeconomic situation “is improving”
The World Bank has said that Nigeria’s macroeconomic outlook is improving, following a series of fiscal and monetary reforms undertaken ...
Tag: World Bank
World Bank projects 22.1% inflation for Nigeria in 2025
Nigeria’s inflation rate is projected to average 22.1% in 2025 as the Central Bank’s tight monetary stance begins to anchor ...
FG inaugurates steering committee for $500 million SPIN project to strengthen food security, climate resilience
The Federal Government has inaugurated the Steering Committee for the Sustainable Power and Irrigation for Nigeria (SPIN) project, a $500 ...
World Bank: Global commodity prices to drop to six-year low by 2026
Global commodity prices are on track to fall to their lowest levels to their lowest level of the 2020s, according ...
World Bank report sparks NACCIMA’s call for urgent action to tackle poverty crisis in Nigeria
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has called on the Federal Government to take ...
IMF Spring Meetings: World Bank commits to improving Nigeria’s Human Capital Index
The World Bank has committed to strengthening its partnership with Nigeria, aimed at improving the country's Human Capital Index.
World Bank projects Nigeria’s current account surplus to reach 9.4% of GDP by 2026
Nigeria’s current account surplus is projected to increase from 9.2% of GDP in 2024 to 9.4% by 2026, according to ...
Nigeria accounts for 15% of the world’s poorest, says World Bank
Nigeria is home to 19% of the extremely poor population in sub-Saharan Africa, the highest share across the region, according ...
World Bank projects 3.6% economic growth for Nigeria in 2025, more optimistic than IMF’s forecast
The World Bank has projected that Nigeria’s economy will grow by 3.6% in 2025, building on an estimated 3.4% expansion ...
World Bank plans $10.50 million grant to Nigeria to boost CBN’s technical capacity
Nigeria’s gross foreign exchange (FX) reserves fell by $2.57 billion from January to March 2025, marking a 6.29% decrease over ...
