News

The World Bank has revealed that Nigeria could increase its customs revenue by 66 per cent if the Federal Government lifts existing import bans and eliminates arbitrary tariff deviations.This ...
Our efforts aim to reverse land infertility caused by natural and human factors in a region with increasingly erratic ...
The World Bank says revenue remitted by the Nigerian National Petroleum Company (NNPC) Limited dropped by N500 billion in ...
The World Bank says the petrol subsidy removal has not fully translated into expected revenue gains as only half of the ...
The World Bank has cautioned that Nigeria’s current economic growth rate may be too slow to meet the federal government’s ...
Nigeria's economy recorded its fastest growth in about a decade in 2024, driven by a strong fourth quarter and an improved ...
Taimur Samad, World Bank’s Acting Country Director for Nigeria, has stated that the Nigerian economy is improving due to the ...
Nigeria’s path to a $1 trillion economy is not out of reach, but it demands urgency. Africa’s most populous nation must grow ...
However, Samad acknowledged that challenges remain, particularly the persistence of high inflation. He underscored the ...
The World Bank has labeled Nigeria’s 2025 federal budget as overly ambitious, warning that the Federal Government (FG) might ...
IFC’s $5 million financing package includes a $2.5 million senior loan from its own account and a $2.5 million concessional ...
Nigeria’s membership opens new opportunities for local businesses to access development finance and technical expertise ...