Breaking News
World Bank Backs Nigeria’s 90,000km National Fibre-Optic Backbone Rollout
World Bank has pledged support for Nigeria’s plan to build a 90,000km national fibre-optic backbone one of the largest in the world
24 July 2025
World Bank
Breaking News
World Bank Set to Approve $632 Million in Fresh Loans for Nigeria
The World Bank is set to approve $632 million in fresh loans for Nigeria, focusing on education and nutrition
31 March 2025
Breaking News
FG To Secure $2.23 Billion in World Bank Loans for 2025
FG plans to secure new World Bank loans totaling $2.23 billion in 2025 to support digital infrastructure, healthcare, education, and economy
26 February 2025
Business
World Bank Warns of Worsening Global Food Insecurity, Calls for Urgent Interventions
The World Bank highlights worsening global food insecurity, with over 280 million people facing acute hunger daily.
15 February 2025
Breaking News
32.2 Million Nigerians Now Benefiting from FG’s Cash Transfer Scheme
A World Bank report reveals that 32.2 million Nigerians are benefiting from the FG’s cash transfer scheme under NASSP-SU
31 January 2025
Business
IMF and World Bank Urge CBN to Sustain Inflation Control Efforts
The IMF and World Bank have emphasized the importance of the CBN efforts to control inflation as Nigeria’s inflation rose to 34.8%
27 January 2025
Business
AfDB and World Bank Set Conditions for $40 Billion Energy Fund for Africa
World Bank and AfDB lay out terms for African countries’ eligibility to access $40 billion for electricity development.
17 January 2025
Business
World Bank Approves $500 Million For Nigeria’s Rural Roads
The World Bank and Nigerian government propose a $600 million fund to improve rural roads, with 80% of Nigeria’s rural roads reportedly in deplorable condition.
17 December 2024
Breaking News
World Bank Raises $24 Billion for Poorest Nations, Unlocks $100 Billion in Aid
World Bank secures $24 billion to support global development, leveraging funds to provide $100 billion in aid for health
6 December 2024
Breaking News
Nigeria Has Secured $6.45 Billion In Loans Under Tinubu Administration
President Bola Tinubu’s government has secured $6.45 billion in loans from the World Bank, as Nigeria’s debt profile continues to rise.
10 October 2024
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