The Presidency has disputed the latest economic report by Nigeria’s biggest multilateral lender, the World Bank, which estimated that 139 million citizens were living in poverty, describing the figure as…
The World Bank has said the Federal Government’s ambition to achieve single-digit inflation in the short term is unrealistic, warning that Nigeria remains among a handful of African countries still…
The World Bank is expected to approve two major loans totaling $750m for Nigeria on Tuesday, September 30, 2025, according to information available on the bank’s official website. The loans…
The World Bank has allocated $40m to support the expansion of financial protection for poor and vulnerable Nigerians under a new loan-backed health programme approved for the country. DECENCY GLOBAL…
The World Bank has disbursed additional funds to Nigeria under the $800m National Social Safety Net Programme-Scale Up, raising the total amount released to $530m, DECENCY GLOBAL NEWS reports. Checks…
The Federal Government is set to secure six new loans totalling $2.23bn from the World Bank in 2025 as the international financial institution continues to support the country’s economic and…
The Federal Government has informed the World Bank of its desire to reduce Nigeria’s dependence on external debt financing This is part of a broader strategy to explore alternative funding…
The World Bank Group has announced the 30-month debarment of two Nigerian companies, Viva Atlantic Limited and Technology House Limited, alongside their Managing Director and Chief Executive Officer, Mr Norman…
The World Bank has fully disbursed a $1.5bn loan to Nigeria following the Federal Government’s implementation of key reforms, including removing fuel subsidies and introducing comprehensive tax policies, DECENCY GLOBAL…
The World Bank has announced the removal of several loan fees to make borrowing more affordable for vulnerable countries. The move is part of broader efforts to expand financial capacity…