FG Seeks Fresh World Bank Financing to Boost Power, Infrastructure Investment
Nigeria moves to expand access to World Bank guarantees and private-sector financing as the Federal Government seeks to accelerate infrastructure ...
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Tag: #WorldBank
World Bank Warns Nigeria Faces $6.4bn Eurobond Repayment Burden Through 2030
Nigeria and Ghana rank behind South Africa among Sub-Saharan African countries with the largest sovereign Eurobond maturities, increasing pressure on ...
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World Bank Raises Nigeria’s 2026 Growth Forecast to 4.3%, Sees 4.4% by 2027
Improving macroeconomic stability, stronger investor confidence and a gradual recovery in private investment are expected to support faster expansion, according ...
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World Bank, IMF Approve Major Overhaul of Debt Framework for Poor Countries
The World Bank and IMF have approved reforms to their debt sustainability framework for low-income countries, with greater focus on ...
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World Bank Urges Developing Nations to Embrace AI for Better Governance
The World Bank has urged developing countries to adopt artificial intelligence (AI) tools to improve governance and accelerate economic growth. ...
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Nigeria Remains Among World’s Top Gas-Flaring Nations Despite Reduction Efforts
Nigeria remained one of the world’s largest gas-flaring countries in 2025, ranking among nine nations that collectively accounted for 83 ...
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World Bank Warns Global Gas Prices to Remain Volatile Amid Geopolitical Risks
The World Bank has projected continued volatility in global natural gas prices, warning that geopolitical tensions, supply disruptions, and structural ...
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FG, World Bank Restructure $500m Education Programme, Cut Classroom Funding
The Federal Government and the World Bank have restructured the $500m HOPE for Quality Basic Education for All programme, reducing ...
Read moreNigeria Cancels $717.7m World Bank Power Sector Funding Amid Electricity Crisis
Nigeria has cancelled $717.7 million in undisbursed financing under the World Bank-backed Power Sector Recovery Performance-Based Operation (PSRO), dealing a ...
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Global Food Prices Rise 5% After Strait of Hormuz Closure — World Bank
Global food prices rose by 5% in the two months following the near-total closure of the Strait of Hormuz after ...
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