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For over 40 years Nigeria’s per capital income (PCI) remains the same, according to the World Bank. PCI is derived by dividing a nation’s Gross Domestic...
The World Bank has blacklisted 18 Nigerian companies and individuals for engaging in corrupt practices, fraud, and collusive practices in its 2021 fiscal year. A list...
The World Bank has committed $12 billion to African countries to support vaccination programs, the South African President pointed out in a statement on its website...
The World Bank has finally endorsed Nigeria’s request for a $1.5 billion loan, which is believed to strenghten the West Africa nation’s economy. The Bretton Woods...
The World Bank has approved a $750 million loan through the International Development Association to improve the reliability of electricity supply in Nigeria. The World Bank...
Up to 60 million people will be pushed into “extreme poverty” by the coronavirus, warns the president of the World Bank. David Malpass said the bank...