Nigeria Needs 30 Million New Jobs By 2030 - W/Bank   Thirty million new jobs are needed in Nigeria by 2030 to maintain the current employment rate, the World Bank has said. It said the projection was based on the country’s current population growth trend and its...

FG, W/Bank Supporting Social Programmes With $1.8bn, Minister Says   The Federal Government and the World Bank are supporting social safety programmes in Nigeria with about $1.8bn, the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, has said. Farouq said this in Abuja during...

World Bank To FG: Reform Now To Avoid Extreme Poverty   The World Bank has said the number of Nigerians living in extreme poverty may increase by more than 30 million by 2030 and the country will be home to 25 per cent of the world’s...

322 Nigerian Firms Close Down In 5 Years – World Bank   Harsh business environment in Nigeria forced about 322 organised private companies to close shop between 2009 and 2014, a report by the World Bank Enterprise Survey has shown. The report also said out of 5,833...

World Bank: $2trn Lost Annually To Illicit Logging, Others   Illegal logging, fishing and wildlife trade rob the world of precious natural resources – and ultimately of development benefits and livelihoods, the World Bank has said. It said the statistics are grim: an elephant is poached for...

W/Bank Okays Nigeria’s $3bn Power Sector Loan   The Federal Government on Sunday said it had opened discussions with the United Kingdom on the possibility of raising “Jollof Bond’ to finance the national budget. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, also said...