Tinubu inherited N87.38 trillion debt, not N21 trillion – DMO clarifies
The Debt Management Office (DMO) has debunked recent media reports claiming that President Bola Ahmed Tinubu inherited N21 trillion in ...
Tag: World Bank
World Bank, IMF advocate for coordinated inflation control in Nigeria
The World Bank and the International Monetary Fund (IMF), have called on the Central Bank of Nigeria (CBN) to remain ...
Nigeria yet to be major source of FDI, remittance in Sub-Saharan Africa – World Bank
Nigeria, despite being the largest economy and most populous country in Sub-Saharan Africa (SSA), has not established itself as a ...
Africa Energy Summit 2025: World Bank, AfDB lead mission to electrify 300 million Africans by 2030
The World Bank and African Development Bank (AfDB) have launched a transformative energy agenda at the Africa Energy Summit 2025, ...
World Bank projects 3.5% GDP growth for Nigeria in 2025, 3.7% in 2026
The World Bank has projected that Nigeria’s economy will grow by 3.5% in 2025 and improve slightly to 3.7% in ...
Enhanced monetary policy discipline will crash Nigeria’s inflation below 20% by 2026 – World Bank
The World Bank has projected that Nigeria’s inflation rate could drop below 20% by 2026, driven by enhanced monetary policy ...
World Bank releases $1.5 billion loan to Nigeria after subsidy removal, tax bills
The World Bank has disbursed a $1.5 billion loan to Nigeria under the Reforms for Economic Stabilisation to Enable Transformation ...
ID4D: World Bank increases NIN target to 180 million, says Nigeria is making progress
The World Bank has reviewed the target for Nigeria under the Digital Identity for Development (ID4D) increasing the number of ...
No region in Nigeria has 50% access to functional basic medical equipment – NBS report
The 2023 National Health Facility Survey (NHFS), released by the National Bureau of Statistics (NBS), reveals that no region in ...
World Bank reveals 700 million people live on less than $2.15 a day
The World Bank has revealed that approximately 700 million people, or 8.5% of the global population, are living in extreme ...
