News

The World Bank says revenue remitted by the Nigerian National Petroleum Company (NNPC) Limited dropped by N500 billion in ...
The World Bank has revealed that Nigeria could increase its customs revenue by 66 per cent if the Federal Government lifts ...
Nigeria's inflation rate increased to 24.23% in March 2025, but the World Bank projects that average inflation will decline, ...
The report comes amid a raft of reforms by President Bola Tinubu's government.Nigeria' s gross domestic product grew by 3.4% ...
Taimur Samad, World Bank’s Acting Country Director for Nigeria, has stated that the Nigerian economy is improving due to the ...
The World Bank reports that NNPCL only remitted 50 percent of revenue from the subsidy removal to the Federation Account.
The World Bank says the petrol subsidy removal has not fully translated into expected revenue gains as only half of the ...
The International Finance Corporation (IFC), a member of the World Bank Group, with support of the Government of Canada has ...
Nigeria's economy recorded its fastest growth in about a decade in 2024, driven by a strong fourth quarter and an improved ...
The World Bank has cautioned that Nigeria’s current economic growth rate may be too slow to meet the federal government’s ...
IFC’s $5 million financing package includes a $2.5 million senior loan from its own account and a $2.5 million concessional ...
The World Bank has labeled Nigeria’s 2025 federal budget as overly ambitious, warning that the Federal Government (FG) might ...