The Federal Government is aiming to connect 5.2 million Nigerians to electricity by June 2026 under a $750m World Bank-backed project focused on renewable energy expansion.

Smarter management of water resources across the global food system could help feed a projected population of 10 billion people by 2050 while creating nearly 245 million long-term jobs, many of them in sub-Saharan Africa, according to a new report released by the World Bank Group.

W’Bank Partners Lagos Efforts to Tackle Flooding Lagos State has secured support from the World Bank to strengthen its disaster risk management and emergency response ahead of the rainy season, as the city contends with chronic flooding that disrupts lives and infrastructure. The collaboration, discussed in...

Nigeria’s Debt to World Bank’s IDA Rises $18.7bn Nigeria’s debt to the World Bank’s concessional lending arm, the International Development Association, surged by $1.9bn in just one year to reach $18.7bn as of December 31, 2025, new financial data released by the institution show. According to...

In Nigeria, where trust between government and citizens remains as wide as the horizon, it is no surprise that the World Bank’s decision to reduce its planned grant to the Central Bank of Nigeria (CBN) from $10.5 million to $6.8 million has naturally raised eyebrows.

The World Bank has cut its planned grant to the Central Bank of Nigeria (CBN) from $10.5 million to $6.8 million, with board consideration now scheduled for March 27, 2026.