Poverty Rate Climbs to 63% in 2025 Despite Sharp Drop in Inflation – World Bank
Nigeria’s poverty rate increased to 63% in 2025, equivalent to about 140 million people living below the poverty line, even ...
Tag: WorldBank
World Bank Affirms Nigeria’s Economic Growth Remains on Track Despite Iran Conflict.
The World Bank has maintained that Nigeria’s economic growth trajectory remains intact for the first half of 2026, even as ...
Nigerian Companies Secure Over $2.5 Billion in World Bank Contracts, Rank Fifth Globally
Nigerian firms have emerged as one of the top global beneficiaries of World Bank-financed projects, securing more than $2.5 billion ...
World Bank Approves $300M Loan to Support Nigeria’s IDPs and Host Communities
The World Bank has greenlit a $300 million loan to bolster resilience and improve access to essential services for approximately ...
World Bank Warns of Weakest Global Growth Since 2008 Amid Rising Trade Tensions
The global economy is on course for its slowest growth since the 2008 financial crisis—excluding recession years—due to intensifying trade ...
Nigeria Loses $4M World Bank Loan Due to Audit Failure
Nigeria is set to forfeit $4 million from a World Bank loan after failing to meet international auditing standards for ...
World Bank Forecasts 22.1% Inflation for Nigeria in 2025 Amid Monetary Tightening
The World Bank has projected that Nigeria’s inflation rate will average 22.1% in 2025, as the Central Bank of Nigeria ...
World Bank Forecasts 22.1% Inflation for Nigeria in 2025 Amid Economic Reforms
The World Bank has projected that Nigeria’s inflation rate will average 22.1% in 2025, as recent monetary policy measures begin ...
World Bank Predicts 3.6% Economic Growth for Nigeria in 2025, Surpassing IMF Estimate
The World Bank has forecasted a 3.6% economic growth rate for Nigeria in 2025, a more optimistic outlook than the ...
World Bank Approves $1.08 Billion Loan to Support Nigeria
The World Bank has approved a significant $1.08 billion in concessional financing to support Nigeria’s education, nutrition, and economic resilience ...
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