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Money

Nigeria’s Human Capital Development Among World’s Worst -W’Bank

The World Bank Group has said that Nigeria’s human capital development ranks among the worst globally. The Washington-based bank stated this in a...

Money

Nigeria’s Inflation Overshoots World Bank Projection By 20%

DESPITE raising its Monetary Policy Rate (interest rate), Nigeria’s inflation rate is now 20 per cent above the World Bank’s projection of 15.5...

Money

World Bank Deploys $114.9b To Finance Global Crisis  

The World Bank Group has responded to the overlapping global crises by deploying $114.9 billion in financing in 2022.  In a statement on Saturday,...

Money

IMF, World Bank Announce Details Of 2022 Annual Meetings

The International Monetary Fund (IMF) and the World Bank Group (WBG) have announced that their 2022 Annual Meetings will take place from Oct....

Money

More Nigerians’ll Fall Into Extreme Poverty, World Bank Predicts

The World Bank has predicted that more people in Nigeria and its Sub-Saharan neighbours are expected to fall into extreme poverty. According to a...

Economy

World Bank Supports Ghana With US$145 Million To Improve Urban Services

The World Bank has approved additional financing of US$145 million International Development Association (IDA) credit for the Ghana Secondary Cities Support Programme. The...

Economy

Commodity Prices’ll Remain High In Nigeria, Others – World Bank

The World Bank has said that the war in Ukraine has dealt a major shock to commodity markets, altering global patterns of trade, production,...

Energy

Nigeria’s Oil Production Falls Over Poor Maintenance, Says World Bank

The World Bank has said that Nigeria’s oil production declined in 2021 due to a lack of maintenance and the loss of infrastructure...

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