Heavy government debts may lead to various economic challenges, especially in certain African countries. These difficulties often involve a decrease in the value of the currency…
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Mr. Indermit Gill has stressed the importance of political determination in carrying out economic reforms in Nigeria. He also criticised the Nigerian government for using the…
The World Bank has released its new data collection and analysis initiative, The Business Ready 2024 report (B-READY), which evaluates the business and investment climate worldwide.…
The world’s 26 poorest countries are experiencing their highest debt levels since 2006, according to a World Bank report published on Sunday. The report reveals that…
The Nigerian Government, led by President Bola Tinubu, has secured $6.45 billion in loans from the World Bank within just 16 months. This figure grew after…
The Nigerian Government is partnering with the World Bank on power sector reforms aimed at enhancing electricity access nationwide; a move crucial for boosting infrastructure development…
Nigeria has been ranked as the largest debtor in Africa and the third-largest in the world to the World Bank’s International Development Association (IDA), according to…
Nasarawa State Governor, Abdullahi Sule, clarified on Thursday that the World Bank loan received by states is intended for infrastructural projects and not to alleviate the…
The World Bank has approved a $1.5 billion financial package to support Ethiopia’s economic reform programme following the country’s decision to loosen controls on its local…
According to the World Bank’s Human Capital Public Expenditure and Institutional Review, Nigeria’s health budget is the lowest globally.The review comes as over one million Nigerians…