Nigeria's economy recorded its fastest growth in about a decade in 2024, driven by a strong fourth quarter and an improved ...

Ajay Banga, president of the World Bank Group, has identified infrastructure, healthcare, agribusiness, tourism, and ...

However, Samad acknowledged that challenges remain, particularly the persistence of high inflation. He underscored the ...

The World Bank has directed the Africa Centres for Disease Control and Prevention to eliminate 42 positions it currently ...

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

Says pace of growth needs to accelerate furtherSays inflation to fall to an annual average of 22.1% in 2025The World Bank said on Monday that Nigeria’s economy needs to generate “more and better” jobs ...

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

Persistent poverty and reduced international aid hinder progress, but organized crime is key in exacerbating the region’s ...

Senior figures at the World Bank have said it should consider changing its lending policy to include nuclear energy projects.

The World Bank said on Wednesday it has earmarked more than $1 billion to support job creation and private sector growth in ...

The World Bank on Monday described the key assumptions of 2.1 million barrels per day oil production and $73 per barrel price as ambitious given the current production level of 1.6mbpd and $60pb price ...

Nevertheless, poverty remains high and inflation is expected to remain over 20% through the year. The report comes amid a ...