IMF praises Nigeria’s economic reforms but warns that debt costs, fiscal pressures, and oil volatility could threaten recent recovery gains.

The World Bank urged Nigeria to channel reform gains into real welfare improvements, as 139 million citizens still live in poverty.

SERAP has asked the Nigerian National Petroleum Company Limited to account for a missing N500 billion and involve anti-corruption agencies in investigating the matter, citing a World Bank report.

KEY POINTS Aliko Dangote has been appointed to the World Bank’s Private Sector Investment...

KEY POINTS $500 million approved for Nigeria’s economic resilience program, targeting food security and...

The World Bank has approved $1.57 billion to boost human capital in Nigeria, focusing on improving healthcare for women, children, and adolescents, and enhancing climate resilience

The World Bank has taken decisive action against corruption by blacklisting 58 Nigerian companies and individuals implicated in fraudulent practices. This move underscores the global commitment to combatting corruption and promoting transparency in financial transactions.

World Bank advises higher fuel prices in Nigeria, facing opposition amidst economic challenges and President Tinubu's recent subsidy removal

  The World Bank has issued a stark warning that the poorest countries in the...

Nigeria, Africa's largest economy, is facing a paradox. On one hand, the government has...

Nigeria has received $299.99 million from the World Bank as part of a loan...