More than $50 billion will be required to rebuild Gaza following Israel’s 15-month military operation, according to a joint assessment released by the United Nations, the…
Browsing: world bank
The Nigerian government is in discussions with the International Finance Corporation (IFC), part of the World Bank Group, to explore capital market funding options for infrastructure…
The World Bank has urged the Nigerian government to address the main obstacles impeding the growth of the private sector, pointing out that changes in these…
The World Bank has urged the Central Bank of Nigeria (CBN) to stay committed to its inflation control measures. Dr Sameer Matta, Senior Economist for Nigeria,…
Despite its status as Sub-Saharan Africa’s largest economy and most populous nation, Nigeria has not established itself as a significant contributor to foreign direct investment (FDI)…
The World Bank Group has imposed a 30-month debarment on two Nigerian companies, Viva Atlantic Limited and Technology House Limited, alongside their CEO, Mr. Norman Bwuruk…
The World Bank is scheduled to approve three large loan projects for Nigeria worth $1.65 billion in 2025 as part of efforts to solve the country’s…
The World Bank has unveiled a record $100 billion support package for the world’s poorest nations, following two days of discussions in Seoul. The funding, aimed…
Developing countries paid an unprecedented $1.4 trillion to service their foreign debts in 2023, with interest costs soaring to their highest levels in 20 years, the…
The World Bank has stated that the reforms implemented by Nigeria’s government are crucial but have placed significant pressure on its citizens, more than 50% of…