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World Bank

Energy FEATURED Latest TOP STORIES 

World Bank Chief Meets Dangote After Controversial Report Raises Refinery Monopoly Concerns

April 15, 2026April 15, 2026 Markets Reporters 0 Comments Ajay Banga, Aliko Dangote, Nigeria Development Update April 2026, World Bank

World Bank President Ajay Banga met with Aliko Dangote, President and Chief Executive of Dangote Industries Limited, on Tuesday at

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Economics FEATURED Latest TOP STORIES 

World Bank’s Petrol Import Push in Nigeria ‘Deeply Troubling’, Says CPPE

April 12, 2026April 12, 2026 Markets Reporters 0 Comments Centre for the Promotion of Private Enterprise, CPPE, Nigeria Development Update April 2026, World Bank

The Centre for the Promotion of Private Enterprise (CPPE) has expressed strong reservations about a policy recommendation by the World

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Economics FEATURED Latest TOP STORIES 

Nigeria’s Debt-to-GDP Ratio to Drop for First Time in Over a Decade — World Bank  

April 8, 2026April 8, 2026 Markets Reporters 0 Comments Nigeria debt to GDP ratio, Nigeria Development Update April 2026, World Bank

Nigeria’s debt burden is set to ease for the first time in more than a decade, signalling improving fiscal resilience

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Economics FEATURED Latest TOP STORIES 

World Bank lifts growth forecast for Nigeria, sub-Saharan African peers 

January 17, 2025January 17, 2025 Markets Reporters 0 Comments Global Economic Prospects report, Sub-Saharan Africa, World Bank

By Mary Adenike  The sub-Saharan Africa region is expected to grow to 4.1 percent in 2025 from 2.9 percent last

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FEATURED Latest Money TOP STORIES 

First IMF-World Bank meetings in Africa in 50 years begin

October 9, 2023October 9, 2023 Markets Reporters 0 Comments IMF, World Bank

The International Monetary Fund and World Bank gather in Morocco Monday for their first annual meetings on African soil in

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Economics FEATURED Latest TOP STORIES 

Nigeria’s gains from subsidy removal, FX reforms to top N21trn by 2025: World Bank

June 27, 2023June 27, 2023 Markets Reporters 0 Comments FX reforms in Nigeria, Petrol subsidy removal, World Bank

With the removal of the subsidy and the implementation of FX reforms, the government is projected to achieve estimated fiscal

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Economics FEATURED Latest TOP STORIES 

World Bank sees Nigeria’s inflation hitting 25% on subsidy removal

June 27, 2023June 27, 2023 Markets Reporters 0 Comments Inflation rate in Nigeria, Nigeria Development Update, World Bank

The World Bank has said the inflation rate in Nigeria is expected to peak at 25 percent this year on

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Energy FEATURED Latest TOP STORIES 

Nigeria will use up oil reserves in 50 years – World Bank

May 13, 2023May 13, 2023 Markets Reporters 0 Comments Reserve to production ratio, World Bank

Nigeria’s crude oil reserves will be exhausted in 50 years’ time if production continues at the current rate, the World

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Economics FEATURED Latest TOP STORIES 

World Bank urges CBN to rethink FX repatriation rebate

December 23, 2022December 23, 2022 Markets Reporters 0 Comments CBN, export proceeds repatriation, RT200 FX Programme, World Bank

The World Bank has urged the Central Bank of Nigeria to reconsider its rebate scheme aimed at encouraging the repatriation

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FEATURED Latest Money TOP STORIES 

Naira redesign may weigh on economic activity – World Bank

December 17, 2022December 17, 2022 Markets Reporters 0 Comments Naira redesign, New naira notes, Nigeria Development Update, World Bank

The World Bank has said the redesign of Nigeria’s higher-value currency notes may have negative impacts on economic activity. The

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