Word Bank Suspends Two Nigerian Firms Over Corruption
The World Bank Group has announced the 30-month debarment of two Nigerian companies, Viva Atlantic Limited and Technology House Limited, alongside their Managing Director and Chief Executive Officer, Mr Norman Didam, for fraudulent, collusive, and corrupt practices...
FG Disburses N32bn to World Bank, Others in 2024
Nigeria fulfilled its membership obligations to international organizations in 2024 by disbursing N32 billion to the World Bank and five other global bodies.
According to findings by Economic Confidential, the disbursements, released through the Office of the...
World Bank Forecasts 3.5% Economic Growth for Nigeria in 2025
According to the World Bank's latest projections, Nigeria's economy is expected to experience steady growth, with a 3.5% expansion predicted for 2025, followed by a slight increase to 3.7% in 2026, indicating a positive outlook...
Africa’s GDP Growth to Rise by 4.2% - BrookingsÂ
Brookings Institution, a Washington-based think tank has projected that Africa’s GDP would grow by 4.2 per cent in 2025.
This was indicated in its latest Foresight Africa report published on Tuesday, suggesting an improvement from the 3.1...
W’Bank Stops Loan Fees to Ease Borrowing for Poor NationsÂ
The World Bank has announced the removal of several loan fees to make borrowing more affordable for vulnerable countries.
The move is part of broader efforts to expand financial capacity and address urgent global challenges, including...
The World Bank has increased the federal government's target for National Identification Numbers (NIN) issuance under the Digital Identity for Development (ID4D) project from 148 million to 180 million, reflecting their confidence in the country’s progress despite earlier setbacks.Â
