BREAKING: Presidency Rejects World Bank’s 139 Million Poverty Claim, Tags It Unrealistic

In a sharp repudiation of the World Bank’s recent poverty statistics, the Presidency on Wednesday dismissed the figure that 139 million Nigerians live in poverty as “detached from the country’s economic realities” and an analytical abstraction rather than a factual headcount. The government insisted that the estimate must be “contextualised” before being accepted as valid….

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World Bank Approves $500m Loan For Nigeria’s Digital Expansion, $250m For Health 

The World Bank is set to approve two loans totalling $750m for Nigeria on Tuesday, September 30, 2025, according to documents published on the bank’s official website. The funding is directed toward strengthening health security and expanding climate-resilient digital infrastructure. The package includes $500m for the Building Resilient Digital Infrastructure for Growth in Nigeria (BRIDGE)…

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APPLY NOW: World Bank Begins 2025 Recruitment 

The World Bank Group is a unique global partnership of five institutions – IBRD and IDA (the World Bank), IFC, MIGA, and ICSID and young professionals can be deployed to any of the institutions. Applicants can apply to the following thematic areas: Operations: -Investment -People – Social Protection -Prosperity – Economic Policies -Prosperity – Institutions…

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Nigeria’s Economy Recorded Fastest Growth In 2024, Says World Bank

Nigeria’s economy recorded its fastest growth in about a decade in 2024, the World Bank said yesterday, alluding to early gains of macroeconomic reforms by the President Bola Tinubu’s administration. World Bank’s Lead Economist for Nigeria, Alex Sienaert, pointed out Federal Government’s improved fiscal position, driven by reforms in key areas of petroleum, foreign exchange…

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World Bank Gives Vital Appointment To Aliko Dangote 

Aliko Dangote, president and chief executive officer (CEO) of Dangote Group, has been appointed to the World Bank’s Private Sector Investment Lab. The appointment places Dangote among a select group of global business leaders tasked with driving investment and job creation in emerging economies. The World Bank announced Dangote’s appointment on Wednesday as part of…

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