World Bank

The ongoing 8.4km flood control project backed by the World Bank at an estimated cost of N12 billion has created several job opportunities and employed more than 1,000 people in Akwa Ibom…

The Nigerian government and the citizens must agree on the removal of petrol subsidy that will cost Nigeria over N3 trillion by the end of 2021, World Bank Country Director for Nigeria,…

The National Assembly is yet to pass the World Bank’s $500 million financing support to improve electricity distribution in Africa’s biggest economy, the bank’s country director for Nigeria,…

CBN launches new intervention scheme to tackle youth unemployment The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has formally launched the Tertiary Institutions…

The World Bank has advised Nigeria and other sub-Sub-Saharan countries to accelerate the adoption of ‘industrialized manufacturing’ to bridge the widening unemployment gap, a development…

Nigeria’s fiscal position is deteriorating resulting in higher debt and shrinking investments in human capital and infrastructures, the World Bank Group has said in a new report on…

Nigeria needs to end its costly petrol subsidy within the next three-to-six months, improve exchange-rate management and speed up other reforms to boost growth, the World Bank said on…

As nations gradually recover from the impact of the COVID-19 pandemic, the World Bank has said that Nigeria requires urgent policy action to curb the long-run impact of the covid-induced…

The House of Representatives on Tuesday mandated the Committee on Insurance and Actuarial Matters to investigate the irregularities, misapplication and alleged misappropriation of funds of…

The World Bank group has advocated the need for investment in infrastructure, trade, governance, and natural resource management to drive growth in the Lake Chad region. In its latest…