World Bank
World Bank Urges Nigeria to Lift Import Restrictions on Food and Fertilizer
The World Bank has called on the Nigerian government to remove restrictions on food and fertilizer imports while adopting the Economic Community of...
World Bank: Nigeria’s Revenue Boost Linked to Removal of Implicit FX Subsidy
The World Bank has attributed Nigeria’s recent surge in federal revenue to the removal of the implicit foreign exchange (FX) subsidy, a factor...
World Bank Report: Ending Global Poverty Could Take Over a Century
A recent report from the World Bank has revealed a sobering perspective on global poverty, indicating that it could take over 100 years...
Naira Among Worst-Performing African Currencies in 2024
The Nigerian naira has been ranked as one of the worst-performing currencies in Sub-Saharan Africa for 2024, according to the latest edition of...
Africa’s Economic Outlook in 2024
The economic landscape of several African nations faced significant challenges in 2023, with internal issues exacerbated by global complications such as the ongoing...
World Bank Lowers Sub-Saharan Africa Growth Forecast for 2024
The World Bank has downgraded its economic growth forecast for sub-Saharan Africa in 2024, adjusting the projected figure to 3%, down from an...
Nigeria’s Debt to World Bank Soars to $6.45bn in 16 Months
In just 16 months under President Bola Tinubu’s administration, Nigeria has secured $6.45 billion in loans from the World Bank. This figure, which...
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Senegal Mobilizes Army for Flood Relief as President Pledges Solidarity
In response to devastating floods that have impacted over 200,000 residents, the Senegalese government has launched an emergency relief operation that includes deploying...
Nigeria Launches Initiative for National Language
Nigeria’s National Institute for Cultural Orientation (NICO) has announced an ambitious initiative to create a unified national language as part of broader efforts...
