W'Bank Says Cash Transfer Scheme Shows Low Impact on Households  The World Bank says the conditional cash transfer scheme of the Federal Government had little impact on household consumption, financial inclusion or employment of beneficiaries. The scheme was also noted to have had minimal impact on...

Wale Edun, Nigeria's Minister of Finance, has praised the outgoing World Bank Director’s contributions to Nigeria’s economy. 

FG Pursues $750m W’Bank Loan, may Reintroduce Telecom Tax In pursuit of securing a new $750m loan from the World Bank, the Federal Government may reintroduce previously suspended telecom tax and other fiscal measures. This is according to the Stakeholder Engagement Plan for Nigeria – Accelerating...

$120bn Aid: W’Bank Calls Wealthy Nations to Invest in Africa The President of the World Bank, Ajay Banga, warned wealthy countries that it would be shortsighted to “ignore” Africa at a time when development budgets are being strained by wars in Ukraine and Gaza. African leaders...

World Bank Yet To Consider FG’s $2.25bn Loan Request – Wale Edun   The World Bank is yet to consider the approval of the federal government’s $2.25 billion loan application, which the government said would provide crucial support to Nigeria’s economic recovery efforts amidst ongoing fiscal...

How Naira Emerged World Best Performing Currency - Cardoso The Central Bank of Nigeria (CBN) governor, Olayemi Cardoso, has explained why Naira made a remarkable rebound and emerged the world’s top-performing currency in April 2024. Cardoso made this remark in a press briefing on the sidelines...