Nigeria’s Productivity Crisis: Income Per Capital Dives Amid Poor Governance
Nigeria is confronting a severe economic crisis, with its income per capita declining sharply from $3,223 in 2014 to just ...
Tag: World bank
Rising Poverty in Nigeria as Stagnant Incomes Pushes 14 Million More Nigerians into Hardship
A new World Bank report reveals a bleak economic reality for Nigeria, with 14 million more Nigerians pushed into poverty ...
World Bank Advises CBN to Limit Forex Auctions, Deepen Market Transparency to Strengthen Naira
The Central Bank of Nigeria (CBN) has been urged by the World Bank to avoid frequent interventions in the foreign ...
Nigeria Supports 600,000 Farmers to Boost Food Production and Combat Inflation
The Nigerian government is launching support for 600,000 small-scale farmers nationwide to increase food production and tackle rising inflation, announced ...
NLC Condemns IMF’s Denial of Responsibility for Nigeria’s Fuel Subsidy Removal
The Nigeria Labour Congress (NLC) has criticized the International Monetary Fund (IMF) for distancing itself from the Nigerian government's recent ...
Nigeria Plans Diaspora Bond to Attract $1 Billion Monthly Remittances
Nigeria is set to introduce a diaspora bond in the United States as part of its ambitious strategy to boost ...
Nigerian Government Allocates $180 Million to Empower Young Women in Tech and Creative Sectors
The Nigerian federal government has earmarked $180 million to support young women aged 15 to 35 in technology and creative ...
World Bank Approves $1.57 Billion in New Financing for Nigeria
Nigeria is set to receive $1.57 billion in new financing from the World Bank to support initiatives aimed at strengthening ...
Karpowership Partners with World Bank to Boost Female Employment in Africa’s Energy Sector
Karpowership has teamed up with the World Bank’s *Women in Energy Network Africa (WEN-Africa)* initiative to promote gender equality and ...
Oyo State MDAs Receive N3.6 Billion in Grants from World Bank, UNICEF, TETFund, and Others
Oyo State ministries, departments, and agencies (MDAs) received approximately N3.6 billion in grants from international and federal agencies in 2022, ...
