The World Bank says revenue remitted by the Nigerian National Petroleum Company (NNPC) Limited dropped by N500 billion in ...

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 revealed that Nigeria could increase its customs revenue by 66 per cent if the Federal Government lifts ...

The World Bank has cautioned that Nigeria’s current economic growth rate may be too slow to meet the federal government’s ...

Taimur Samad, World Bank’s Acting Country Director for Nigeria, has stated that the Nigerian economy is improving due to the ...

The World Bank says the petrol subsidy removal has not fully translated into expected revenue gains as only half of the ...

The Nigeria Development Update (NDU) is a biannual World Bank report series. The NDU assesses recent economic and social developments and prospects in Nigeria, and places these in a longer-term and ...

The report comes amid a raft of reforms by President Bola Tinubu's government.Nigeria' s gross domestic product grew by 3.4% ...

The World Bank has labeled Nigeria’s 2025 federal budget as overly ambitious, warning that the Federal Government (FG) might ...

Nigeria’s inflation rate is projected to average 22.1% in 2025 as the Central Bank’s tight monetary stance begins to anchor ...

IFC’s $5 million financing package includes a $2.5 million senior loan from its own account and a $2.5 million concessional ...

World Bank has stated that Nigeria’s economy recorded its fastest growth in about a decade in 2024; driven by a strong fourth quarter and an improved fiscal position, but warned that persistently high ...