Nigeria raises $30m for vaccine plant – Osinbajo
Vice President Yemi Osinbajo has disclosed that Nigeria is in talks with the World Bank’s private lending arm and other ...
Tag: World Bank
World Bank adjusts Nigeria’s growth projection to 2.4%
The World Bank Group has raised its 2021 Gross Domestic Product (GDP) projection for Nigeria to 2.4 per cent, higher ...
COVID-19: World Bank approves $400m loan for Nigeria
The World Bank has approved $400 million loan for the purchase and deployment of COVID vaccines in Nigeria. The bank ...
Buhari seeks approval for fresh $4bn, €710m loans
Despite public outcry over incessant borrowing by the current administration, President Muhammadu Buhari has, again, sought the approval of the ...
Nigeria ranked 5th developing country with high debt risk exposure
Nigeria is ranked fifth single borrowing country with the highest debt risk exposure across the world, the World Bank has ...
World Bank: Nigeria has lowest revenue-to-GDP ratio
The World Bank has stated that Nigeria has the lowest revenue-to-Gross Domestic Product ratio in the world, having fallen to ...
Nigeria’s unemployment rises 5-fold in 10 years – World Bank
A World Bank report has revealed that the unemployment rate in Nigeria rose five-fold in the last 10 years. In ...
World Bank commits additional $750m to Nigeria’s States’ Transparency Initiative
The World Bank has revealed plans to disburse an additional $750 million to strengthen the implementation of the States Fiscal ...
World Bank, IMF cautioned against lending to Nigeria
A coalition of elder statesmen and leaders of thought have cautioned international lending organisations against lending to Nigeria. They said ...
Nigeria among countries with lowest access to electricity – World Bank
Nigeria is among the 20 countries with the lowest access to electricity, the World Bank has said. The country was ...