The World Bank has revealed that Nigeria’s economy grew at its fastest rate in almost 10 years in 2024, driven by strong performance in the fourth quarter and better management …
The Organised Private Sector of Nigeria (OPSN) has called on the Federal Government to urgently introduce targeted economic stimulus packages to prevent the poverty rate from rising to 56 per …
The senator representing Ondo South and Chairman of Global Fleet Group, Jimoh Ibrahim, has stressed the need for Africa to embrace data-driven development to boost its economy and governance. Speaking …
Africa’s richest man and President of Dangote Group, Aliko Dangote, has expressed happiness over his recent appointment into the World Bank’s Private Sector Investment Lab. This group was created to …
Nigeria has approached the World Bank for a fresh $10.50 million loan to strengthen the Central Bank of Nigeria’s technical capacity and modernise the country’s domestic payment system. The move …
The World Bank has announced the approval of three major financing operations worth a total of $1.08 billion to support key sectors in Nigeria, including education, nutrition, and economic resilience. …
The World Bank’s private investment arm is making a major push into Africa’s digital economy with a $100 million investment in regional data centre developer and operator Raxio Group. This …
The Livestock Productivity and Resilience Support Project (L-PRES) is set to establish and equip 20 model veterinary hospitals across Nigeria’s geopolitical zones with $500 million in funding to improve the …
The Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Dr. Chinyere Almona, has called for transparency and efficiency in the disbursement of the World Bank’s newly approved $500 …
In a bid to tackle pressing economic challenges, Nigeria has secured a $500 million loan from the World Bank to support its Community Action for Resilience and Economic Stimulus Program. …