FG Secures $500m World Bank Loan to Improve Power Distribution
The Federal Government has secured a $500 million loan from the World Bank to enhance the financial and technical capacities ...
Tag: World bank
Nigeria Projects Record N13.08 Trillion Fiscal Deficit for 2025 Amid Rising Debt and Costs
The Nigerian government has projected a fiscal deficit of N13.08 trillion for 2025, marking a significant increase from the N9.18 ...
Nigeria Partners with World Bank to Launch National Land Digital System, Unlocking $300 Billion in Economic Potential
The Nigerian Federal Government has announced a partnership with the World Bank to establish a National Land Digital System (NLDS) ...
CBN Governor Stresses Role of Bank Recapitalization in Boosting MSMEs and Financial Inclusion
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has emphasized the need for the recapitalization of Nigerian ...
CBN Unveils New Initiatives to Drive Financial Inclusion for Women, MSMEs
The Central Bank of Nigeria (CBN) has launched three initiatives aimed at boosting financial inclusion, particularly for women, MSMEs, and ...
World Bank Supports Nigeria’s Food Nutrition with $50Million
In a strategic move to tackle Nigeria's pressing malnutrition crisis, the World Bank has approved $50 million under its Accelerating ...
Ekiti State Expands Social Register to Support More Vulnerable Households
The Ekiti State Government has approved the expansion of its Social Register, a vital tool for identifying poor and vulnerable ...
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 ...
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 ...
