World Bank: Nigeria, Others To Receive $30bn Fund The World Bank says it is ready to disburse the sum of $30bn to fund existing and new projects in Nigeria and other countries as part of a global response to combat the ongoing food security crisis. The...

World Bank: Many Nigeria States Won't be able to Pay Salary World Bank has again expressed concerns over Nigeria government's policies, warning that unless there are changes, things will remain unchanged. The group listed the consequences warning that many Nigeria states won't be able to pay...

Inflation: World Bank Alerts On Danger Of Rising Debts The World Bank recent report has identified debt and inflation as major obstacles to global growth, with Nigeria debt skyrocketing to 15.92 per cent inflation. The Bank disclosed that high debt and deficit levels have put countries...

Hidden Debts, Bad Loans Stopping New Credits - W/Bank   The World Bank Group has said non-performing loans and hidden debts are making it difficult for banks to grant new credits to customers. In a report released yesterday, the bank disclosed that developing countries face growing risks...

W/Bank Announces $93bn Package For Nigeria, 73 Others   The World Bank announced on Wednesday a $93bn replenishment package of the International Development Association to help 74 low-income countries respond to the COVID-19 crisis and build a greener, more resilient, and inclusive future. The Bretton Woods institution...

W/Bank Demands Debt Transparency, Says Nigeria, Others Need $429bn   The World Bank has demanded debt transparency as a crucial step in countries’ development process, while it estimates that external financing needs in Nigeria and other low income developing countries will reach $429bn between 2023 and...