Nigeria Remains World’s Third-Largest IDA Borrower as Exposure Falls to $14.5bn
Nigeria has retained its position as the world’s third-largest borrower from the International Development Association (IDA), even as its outstanding ...
Tag: World Bank
World Bank Unveils $23bn Plan to Boost Investment and Jobs Across Africa
The World Bank Group has announced a major financial initiative aimed at attracting about $23 billion in private investment into ...
Global Carbon Pricing Revenue Crosses $107 Billion in 2025 – World Bank
Global income generated from carbon pricing systems rose above $107 billion in 2025, according to a new report released by ...
FG Moves Ahead With Fresh $1.25bn World Bank Facility
The Federal Government is in talks with the World Bank over a fresh $1.25 billion loan package expected to support ...
Nigeria Could Unlock $400 Billion by Investing in Girls — World Bank
World Bank has projected that Nigeria could unlock as much as $400 billion in economic value by 2040 if it ...
World Bank Warns of 60% Surge in Urea Prices in 2026
The World Bank has projected a sharp 60% increase in global urea prices in 2026, a development that could significantly ...
Nigeria’s World Bank Debt Surges $2.08bn in 2025
Nigeria’s outstanding debt to the World Bank surged by $2.08 billion over the course of 2025, reaching a new high, ...
Nigeria’s Debt to World Bank Rises Sharply Amid Growing Financial Pressure
Nigeria’s debt to the World Bank has increased significantly, reaching $19.89 billion as of December 31, 2025. This marks a ...
Naira Slumps to 17‑Day Low as FX Liquidity Dries Up
The naira weakened to a 17‑day low of N1,380.71 per dollar in the official foreign exchange market as liquidity slowed ...
Over 3.7 Million Nigerians Internally Displaced Amid Rising Insecurity
Nigeria is witnessing a troubling surge in the number of internally displaced persons, with humanitarian agencies warning that the crisis ...
