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In a striking testament to the resilience of Nigeria’s economic reforms, the World Bank announced on Monday that the country’s economy achieved its most robust growth in nearly a decade ...
The World Bank’s April 2025 Poverty and Equity Brief for Nigeria reveals that 75.5% of rural Nigerians live in poverty, underscoring stark inequality and economic hardship nationwide. Based on recent ...
President Bola Tinubu has extended his congratulations to Alhaji Aliko Dangote following his appointment to the World Bank’s Private Sector Investment Lab. This global body is dedicated to fostering investments ...
In its latest Africa Pulse report, titled “Improving Governance and Delivering for People in Africa,” released on Friday, the World Bank warned that current social safety nets aimed at alleviating ...
According to a statement published by the Saudi Press Agency, Saudi Arabia and Qatar announced on Sunday that they would settle Syria’s debt to the World Bank, summed up to ...
World Bank President Ajay Banga urged developing nations to quickly secure trade agreements with the U.S. He said this during an AFP interview at the World Bank and IMF Spring ...
Aliko Dangote, president and CEO of Nigeria’s Dangote Group, has appreciated the World Bank after being named to its Private Sector Investment Lab, a program designed to spur private-sector funding ...
The World Bank has projected that poverty in Nigeria will rise by three percentage points over the next five years, reaching 2027. This was disclosed in the Africa Pulse report ...
Senator Jimoh Ibrahim, Chairman of the Senate Committee on Inter-Parliamentary Affairs and representative of Ondo South, has urged the World Bank to refocus its support on the establishment of an African Data Bank. Speaking at ...
The World Bank is set to approve two new loans totaling $632 million for Nigeria on Monday, despite growing concerns over the country’s rising debt burden. These loans are intended ...