The World Bank discovered $32 million in unexplained funds in a Nigerian water sector project, raising concerns about probable corruption and bad management. The Bank's Integrity Vice Presidency (referred to ...
The World Bank has reported that, amid rising inflation, low labour income has driven approximately 14 million Nigerians into poverty in 2024. According to its latest "Macro Poverty Outlook: Country-by-Country ...
The World Bank expects energy prices to fall by 6% in 2025 and an additional 2% in 2026. It also stated that global food prices are expected to fall 9% ...
The World Bank has endorsed Nigeria's National Youth Service Corps, or NYSC, program, calling it a treasure trove that might accelerate the country's industrialisation. As a result, the Bank encouraged ...
The Federal Government of Nigeria is negotiating a $500 million loan from the World Bank to improve basic education outcomes and reduce the number of out-of-school children. According to the ...
The Nigerian naira ranks among the worst-performing currencies in Sub-Saharan Africa in 2024, according to the World Bank’s latest Africa’s Pulse report. Data from the report shows that as of ...
The World Bank has approved a $500 million grant to bolster Nigeria’s recovery from the economic and social impacts of the COVID-19 pandemic. According to the News Agency of Nigeria ...
The World Bank's South Asia Development Update released on Thursday, that India's manufacturing sector could experience a 9% increase in output if more women enter the workforce. The World Bank ...
Nigeria’s food security crisis has intensified, with an additional one million people experiencing severe food insecurity in 2024 compared to last year, according to a recent World Bank report. The ...
The World Bank has approved $1.57 billion in financing for three new projects to improve Nigeria's governance, healthcare, and climate resilience. This funding approval was announced on September 26, 2024, ...
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