Nigeria’s Rising Debt: Tinubu Administration Secures $6.45bn from World Bank
The Federal Government of Nigeria has borrowed $6.45 billion from the World Bank since President Bola Tinubu took office just 16 months ago. This figure is set to rise following…
Dependence on Oil Exports Major Cause of Nigeria’s Frail Growth Prospects – World Bank
The World Bank has said Nigeria’s dependence on oil exports is the major cause of the frail growth prospects of the country. The global bank made this known in its…
W’ Bank Reports 129 Million Nigerians Plunged into Deeper Poverty Amid Soaring Inflation
The World Bank's latest Nigeria Development Update report has painted a dire picture of the nation's economic landscape, revealing that over 129 million Nigerians now live below the national poverty…