Nigeria's economy recorded its fastest growth in about a decade in 2024, driven by a strong fourth quarter and an improved ...

The World Bank has revealed that Nigeria could increase its customs revenue by 66 per cent if the Federal Government lifts ...

The World Bank says revenue remitted by the Nigerian National Petroleum Company (NNPC) Limited dropped by N500 billion in ...

IFC’s $5 million financing package includes a $2.5 million senior loan from its own account and a $2.5 million concessional ...

The International Finance Corporation (IFC), a member of the World Bank Group, with support of the Government of Canada has ...

Nevertheless, poverty remains high and inflation is expected to remain over 20% through the year. The report comes amid a ...

It marks the first investment under the IFC Distributed Access through Renewable Energy Scale-up (DARES) Platform, a $200 ...

Nigeria’s inflation rate is projected to average 22.1% in 2025 as the Central Bank’s tight monetary stance begins to anchor ...

However, Samad acknowledged that challenges remain, particularly the persistence of high inflation. He underscored the ...

Taimur Samad, World Bank’s Acting Country Director for Nigeria, has stated that the Nigerian economy is improving due to the ...

The World Bank has said that Nigeria’s macroeconomic outlook is improving, following a series of fiscal and monetary reforms undertaken ...

Nigeria’s macroeconomic reforms have begun to yield results, strengthening the foreign exchange market and boosting ...