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Ngozi Okonjo-Iweala Reappointed as World Trade Organization Head

GENEVA, Switzerland — Ngozi Okonjo-Iweala has been reappointed as the Director-General of the World Trade Organization, WTO, securing a second term that will begin...

ActionAid Nigeria Rebukes World Bank’s Endorsement of Tinubu’s ‘T-Pain’ Reforms

ABUJA, Nigeria — ActionAid Nigeria has strongly condemned recent comments made by World Bank Senior Vice President and Chief Economist Indermit Gill, calling his...

Over One Million Nigerians Facing Extreme Hunger over Food Security Crisis – World Bank

ABUJA, Nigeria — Nigeria is grappling with a deepening food security crisis, with over one million more people falling into severe food insecurity in...

Nigeria’s Central Bank Reveals Depleting Foreign Reserves is Due to Debt Servicing

Washington DC, USA - During the ongoing International Monetary Fund/World Bank Spring Meetings in Washington D.C., Central Bank of Nigeria Governor, Olayemi Cardoso, addressed...

World Bank: Nigeria Faces Rising Poverty Rates as Inflation Soars

ABUJA, Nigeria - According to the World Bank, Nigeria has experienced one of the highest inflation rates globally, which has pushed an estimated four...

World Bank Projects Remittances To Nigeria Will Drop By 20%

World Bank projects that remittances to Nigeria and other low to middle-income countries (LMICS) will decline sharply by about 20 percent in 2020 due to...

BREAKING: World Bank Approves $3 Billion Power Loan To Nigeria

The World Bank has agreed to give Nigeria a $3 billion loan for the expansion of the transmission and distribution facilities of the power...

Trump Picks World Bank Critic, David Malpass, As The Institution’s Next President

David Malpass, a senior US Treasury official in President Donald Trump’s administration, was unanimously chosen Friday as the next president of the World Bank. The...

King Of The North: Buhari Asked World Bank To Concentrate Work In Northern Nigeria

Jim Yong Kim, president of the World Bank Group, said on Thursday, October 12, 2017 that the bank had concentrated on the northern region of Nigeria...

Kaduna: El Rufai Sacks 21,780 Teachers After They ‘Fail Primary 4 Exam’

Nasir El-Rufai, the governor of Kaduna State, has revealed that 21,780 out of 33,000 teachers failed the primary four test administered to test their...

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