Why tax laws, other reforms will push Nigerian economy growth rate to 4.4% in 2026 – World Bank
World Bank projects Nigeria’s economic growth to rise to 4.4% in 2026 and 2027 on the back of new tax laws and reforms. Prudent monetary policies and improved investor confidence…
World Bank Retains Nigeria’s Growth Forecast at 4.4% for 2026–2027
Nigeria’s GDP growth projected at 4.4% in 2026 and 2027, the fastest pace in over a decade, driven by services, agriculture, and non-oil industries. Economic reforms and prudent monetary policy…
World Bank Approves $500m to Expand MSME Financing in Nigeria
World Bank approves $500m FINCLUDE funding to boost MSME access to credit in Nigeria Programme targets women-led businesses and agribusinesses to drive jobs and inclusive growth Project expected to unlock…
World Bank Predicts Steep Fall in Global Commodity Prices by 2026
World Bank projects Commodity prices to hit lowest level in six years, dropping 7% in 2025 and 2026. Report cites weak growth, oil surplus, and policy uncertainty as major factors.…
World Bank Warns: 141 Million Nigerians To Live In Poverty By 2026
World Bank projects Nigeria’s poverty rate to hit 62% by 2026, representing 141 million Nigerians. Inflation, weak growth, and economic instability remain the biggest poverty drivers. Bank urges sustained fiscal…
World Bank Set to Approve $750m Loans for Nigeria Tuesday
The World Bank is expected to approve two major loans totaling $750m for Nigeria on Tuesday, September 30, 2025 $250m health programme to strengthen pandemic preparedness Economists warn rising debt…
Poor Nigerians to hit 95.1m in 2022 – World Bank
The World Bank has stated that by the end of 2022, over 95.1 million Nigerians will slip into the extreme poverty and this is due to the stagnation of the…
Oxfam Uncovers Unaccounted $41bn in W’Bank
In a report released on Thursday, Oxfam International has revealed that between $21 billion and $41 billion in World Bank climate finance remains unaccounted for. The findings, covering the period…
World Bank Suspends Nigerian Firm, MD for For Five Years Over ‘corrupt Practices’
The World Bank has stated that SoftTech IT Solutions and Services Ltd. (SoftTech) an information technology solutions company based in Nigerian and its Managing Director, Mr Isah Kantigi, has been…
World Bank Flags $32m Missing in Nigeria’s Water Project Funds
The World Bank has uncovered a staggering $32 million in unaccounted funds in a Nigerian water sector project, sparking concerns of potential embezzlement and financial mismanagement. The discovery, made through…