The World Bank has said it could scale up financial support to as much as $100bn over the next 15 […]
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FG Cancels $717 Million World Bank Power Loan Amid Blackouts
The Federal Government has cancelled $717.7m in undisbursed World Bank financing for Nigeria’s troubled electricity sector, effectively terminating the remaining […]
Continue readingFresh Loans Loom As Nigeria Remains Top World Bank Borrower
Nigeria remained the third largest borrower from the World Bank’s International Development Association (IDA) in the first quarter of 2026, […]
Continue readingWorld Bank Forced To Lock Comment Section After Nigerians Flood It With ‘Stop Lending Money To FG’
In a rare and telling development, the official Instagram account of the World Bank Group was forced to limit comments […]
Continue readingFLASH: FG In Talks With World Bank For Fresh $1.25 Billion Loan
The Federal Government is currently in talks with the World Bank for a new $1.25 billion loan, according to a […]
Continue readingFLASH: World Bank Backs Nigeria’s Reform Progress
The World Bank has reaffirmed its strong support for Nigeria’s reform agenda, highlighting steady progress toward economic recovery and the […]
Continue readingNigeria’s World Bank IDA Debt Hits $18.7bn, Now Third-largest BorrowerÂ
Nigeria’s debt to the World Bank’s concessional lending arm, the International Development Association, surged by $1.9bn in just one year […]
Continue readingNigeria, World Bank Partner To Expand Reliable Energy, Boost Agriculture, Enhance Trade Flows
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has held talks with the visiting Managing Director, […]
Continue readingTinubu’s Reforms In Nigeria Have Become Global Reference Point — World Bank
The World Bank has commended President Bola Tinubu’s reform agenda, describing Nigeria as a frequent global example of successful reform […]
Continue readingEconomy: Nigeria To Record Fastest Growth In 2026 — World Bank
The World Bank announced yesterday that Nigeria’s economy is on track to record its fastest growth in more than a […]
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