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WORLD BANK
The Federal Government of Nigeria is currently in discussions with the International Finance Corporation (IFC), a member of the World Bank Group, to explore capital market and funding options for infrastructure development through Public-Private Partnerships (PPP).
The Federal Government has stated that over 150 million Nigerians have already been connected to electricity, with ongoing efforts to provide access to the remaining 86 million people who are yet to be electrified.
The World Bank has pledged $1.2 billion for investment in girls’ education in 18 Nigerian states, aiming to improve secondary education and empower adolescent girls.
The number of Nigerians benefiting from the Federal Government’s cash transfer programme under the National Social Safety Net...
The World Bank Group has reaffirmed its commitment to tackling Africa’s energy deficit, aiming to provide electricity to half of the 600 million people on the continent who currently lack access.
President of the African Development Bank (AfDB), Akinwumi Adesina, has announced that the AfDB and the World Bank Group are pledging $40 billion towards the Mission 300 initiative.
The Debt Management Office (DMO) has debunked recent media reports claiming that President Bola Ahmed Tinubu inherited N21...
The World Bank and the International Monetary Fund (IMF), have called on the Central Bank of Nigeria (CBN) to remain steadfast in its efforts to control inflation.
Nigeria, despite being the largest economy and most populous country in Sub-Saharan Africa (SSA), has not established itself as a significant source of foreign direct investment (FDI) or remittances in the region.
The World Bank and African Development Bank (AfDB) have launched a transformative energy agenda at the Africa Energy...
The World Bank has projected that Nigeria’s economy will grow by 3.5% in 2025 and improve slightly to...
The World Bank has projected that Nigeria’s inflation rate could drop below 20% by 2026, driven by enhanced monetary policy discipline and broader macroeconomic reforms.