Tag: World Bank
World Bank: Nigeria, India among countries with high unbanked population
The World Bank has disclosed that Nigeria, India are among the developing countries contributing to the global unbanked population. This ...
World Bank: States to lose N19bn in oil, gas revenues in 2022
The World Bank has disclosed that Nigerian states will likely lose N18.8bn in oil and gas revenues in 2022, as worsening ...
World Bank: Inflation will push 15 million Nigerians into poverty in two years
The World Bank has disclosed that inflation shock is projected to push about 15 million more Nigerians into poverty between ...
World Bank to Nigeria: CBN’s intervention funds fuelling inflation
The World Bank has said the Central Bank of Nigeria’s development finance intervention is fuelling inflation in the short term ...
World Bank: More Nigerians will fall into extreme poverty
The World Bank has predicted that more people in Nigeria and its Sub-Saharan neighbours are expected to fall into extreme poverty. ...
World Bank: Pollution in Lagos kills 30,000 people yearly
The World Bank has disclosed that at least 30,000 people die every year from pollution in Lagos. The Washington-based bank ...
World Bank: Nigeria can leverage trade for poverty reduction with right policies
The World Bank has stated that the Russia-Ukraine war, COVID-19 pandemic, and rising inflation pose challenges to Nigeria's poverty reduction goals. ...
World Bank: Nigeria’s oil production falls over poor maintenance
The World Bank has disclosed that Nigeria's oil production declined in 2021 due to a lack of maintenance and the ...
Nigeria among top 10 countries responsible for 75% of gas flaring worldwide, World Bank discloses
The World Bank has disclosed that Nigeria ranked seventh on the list of top 10 countries worldwide involved in gas ...
Focus on targeted safety-net programmes not food or fuel subsidies, World Bank tells policymakers
World Bank has admonished policymakers to focus on targeted safety-net programmes rather than food or fuel subsidies. This was disclosed ...
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