SoftTech IT Solutions and Services Limited, a Nigerian information technology solutions company, and its Managing Director, Isah Kantigi have been sanctioned by the World Bank. Kantigi...
For over 40 years Nigeria’s per capital income (PCI) remains the same, according to the World Bank. PCI is derived by dividing a nation’s Gross Domestic...
The World Bank has finally approved Nigeria’s request for a $1.5 billion loan, which is expected to strenghten the West Africa nation’s economy. The Bretton Woods...
The Federal government says it is planning to borrow $750 million from the World bank for some states to stimulate local economies in Nigeria. Minister of...
The World Bank said it has approved $114m for Nigeria to combat Covid- 19 pandemic. The lender disclosed the development in a statement on Friday. The...
Nigeria’s debt profile is set to see an increase in August as the World Bank’s Executive Board may approve part of the country’s $3bn loan application...
The World Bank in its 2019 Nigeria Economic Update Report said Nigeria is at risk of becoming home to 25% of the world’s destitute people unless...
World Bank vice-president for Africa, Hafez Ghanem, has revealed that the lender is currently in talks with the Federal Government for a $2.5 billion concessionary loan....
David Malpass, a senior US Treasury official in President Donald Trump’s administration, was unanimously chosen Friday as the next president of the World Bank. The selection...
World Bank President Jim Yong Kim announced Monday he would step down next month, more than three years before his current term was due to expire....