The World Bank has flagged a major flaw in Nigeria’s social‑protection system, warning that more than half of the beneficiaries are poor, yet...
The Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, has announced plans to deploy 90,000 kilometres of fibre optic cables across...
The Presidency has dismissed claims that Nigeria’s poverty level has increased to 139 million, describing the figure as a “modelled global estimate” rather...
Despite Nigeria’s recent economic stabilization efforts, approximately 139 million citizens still live in poverty, according to the World Bank. This alarming figure was...
The World Bank has given its seal of approval to a groundbreaking $300 million financing package for the Solutions for the Internally Displaced...
The World Bank’s latest Global Economic Prospects report has warned that global growth is projected to decelerate this year to its slowest rate...
The World Bank has made a significant commitment to supporting girls’ education in Nigeria, allocating $1.2 billion for investment in the sector across...
Vice President Kashim Shettima has reaffirmed Nigeria’s commitment to addressing its growing nutrition challenges through a community-driven strategy. According to a statement by...
The World Bank has approved an additional $1.57 billion loan to support Nigeria’s development initiatives to address governance challenges in education and healthcare,...
The World Bank has disbursed $751.88 million to Nigeria from a recently approved $1.5 billion loan. According to Persecondnews, the financial intervention is...
In spite of the increase in Nigeria’s total debt stock from N97.34 trillion in December 2023 to N121.67 trillion in March 2024, the...
Nigeria’s foreign exchange (FX) reserves have increased by five percent in the last two months, amounting to $33.58 billion. The latest development is...
The Federal Government has requested a loan of $500 million from the World Bank to improve rural roads and enhance agricultural marketing nationwide....
The World Bank has approved a total of $2.25 billion in loans for Nigeria to help stabilise its economy, the Minister of Finance...
The Presidency has debunked claims by Mr. Femi Falana (SAN) that President Bola Tinubu approved the disbursement of N135 billion to governors for...
Nigeria and the World Bank are collaborating to raise $3 billion for the construction of additional internet infrastructure and expansion in the country,...
