Former presidential candidate Peter Obi has sharply criticised the All Progressives Congress (APC) government, accusing it of plunging millions of Nigerians into poverty through misguided policies and ineffective governance. His …
The World Bank has highlighted the inadequacy of Nigeria’s public expenditure on education and health, calling it insufficient by any standard. In its report titled “Human Capital Public Expenditure and …
The war between Israel and Hamas could deal a “serious” blow to global economic development, the president of the World Bank told an investor conference in Saudi Arabia on Tuesday. …
The IMF announced Saturday member nations agreed to increase their contributions to the global lender and give sub-Saharan Africa a third seat on its executive board at its first meetings …
World Bank President Ajaypal Singh Banga will begin a three-day visit to Nigeria on Thursday during which he will meet with President Bola Tinubu and Vice-President Kashim Shettima, the international …
Socio-Economic Rights and Accountability Project (SERAP) has urged the World Bank President Mr David Malpass to use his “good offices to suspend any disbursement of the $800m loan to the …
The World Bank says Nigeria spent 96.3 percent of its 2022 revenue on servicing its debts. This was contained in the Macro Poverty Outlook for Nigeria: April 2023 brief released …
The World Bank on Tuesday said it had approved an additional financing package totaling $610 million to address urgent relief and recovery needs in Ukraine as the war with Russia …
The World Bank has expressed concern over the economic impact of the recent naira redesign on Nigerian households and businesses. The newly designed N1,000, N500 and N200 notes were unveiled …
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