The World Bank says revenue remitted by the Nigerian National Petroleum Company (NNPC) Limited dropped by N500 billion in ...

The World Bank has revealed that Nigeria could increase its customs revenue by 66 per cent if the Federal Government lifts ...

Nigeria's inflation rate increased to 24.23% in March 2025, but the World Bank projects that average inflation will decline, ...

The World Bank has faulted the Central Bank of Nigeria’s (CBN) Open Market Operations (OMO) policy, calling for adjustments ...

Nigeria's economy recorded its fastest growth in about a decade in 2024, driven by a strong fourth quarter and an improved ...

The International Finance Corporation (IFC), a member of the World Bank Group, with support of the Government of Canada has ...

The World Bank says the petrol subsidy removal has not fully translated into expected revenue gains as only half of the ...

World Bank reports that Nigerian National Petroleum Company Limited (NNPCL) has been transferring only 50% of fuel subsidy ...

The World Bank reports that NNPCL only remitted 50 percent of revenue from the subsidy removal to the Federation Account.

The report comes amid a raft of reforms by President Bola Tinubu's government.Nigeria' s gross domestic product grew by 3.4% ...

However, Samad acknowledged that challenges remain, particularly the persistence of high inflation. He underscored the ...

IFC’s $5 million financing package includes a $2.5 million senior loan from its own account and a $2.5 million concessional ...