adminOnly 44% of social benefits reach poor Nigerians –W’Bank
Despite billions of naira spent yearly to cushion hardship, a new World Bank report says Nigeria’s social safety-net programmes are failing to reach those who need them the…
139 million Nigerians living in poverty despite reform gains — World Bank
The World Bank has called on Nigeria to ensure that the positive outcomes from its recent macroeconomic reforms translate into real improvements in citizens’ living standards, as new estimates…
More Nigerians Expected To Fall Into Poverty By 2027 – World Bank
Despite Nigeria’s resources-rich status, more of the county’s citizens are expected to sink into poverty by 2027, the World Bank Group has said. This is contained in the World…
World Bank approves Nigeria’s $1.13bn loan reque
The World Bank says a total of $1.13 billion loan request from Nigeria has been approved. According to details from the bank’s website on Wednesday, three different financing requests…
World Bank’s $250m water projects in Rivers, Ekiti, Bauchi failed –Report
The $250 million World Bank’s Third National Urban Water Sector Reform Project (NUWRSP3) meant to provide access to potable water to communities in some states across Nigeria has failed…
World Bank expresses concern over Nigeria’s data, statistics quality
The World Bank has expressed concern over Nigeria’s poor statistical performance, noting that the country lags behind its aspirational peers such as Mexico, Colombia, South Africa and Brazil. According…
World Bank to approve $2.2bn loan for Nigeria in 2025
The federal government is expected to receive new loans from the World Bank, totalling $2.2 billion in 2025. According to the Washington-based financial institution’s project list, the $2.2 billion…
Over 66% of Nigerian girls drop out of school before JSS — Report
Taimur Samad, the World Bank deputy country director, says more than two-thirds of girls in Nigeria drop out before making it to junior secondary school. Samad spoke on Tuesday…
