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

World Bank has projected that Nigeria’s inflation rate will average 22.1 per cent in 2025, attributing the anticipated decline to the Central Bank of Nigeria’s tight monetary stance aimed at restoring ...

Ajay Banga, president of the World Bank Group, has identified infrastructure, healthcare, agribusiness, tourism, and ...

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

Nigeria’s inflation rate is projected to average 22.1% in 2025 as the Central Bank’s tight monetary stance begins to anchor ...

Nigerian economy will need to grow five times faster than its current rate to meet the $1trn target by 2030, according to the ...

The World Bank has cautioned that Nigeria’s current economic growth rate may be too slow to meet the federal government’s ...

Persistent poverty and reduced international aid hinder progress, but organized crime is key in exacerbating the region’s ...

According to sources, the IMF is dissatisfied with Bangladesh on two key issues. First, the Bangladesh Bank has not yet allowed a fully market-based exchange rate for the US dollar. Second, the ...

Says pace of growth needs to accelerate furtherSays inflation to fall to an annual average of 22.1% in 2025The World Bank said on Monday that Nigeria’s economy needs to generate “more and better” jobs ...

Few people fully understand the Belt and Road Initiative (BRI) from China. It is China’s huge global development strategy, ...

The World Bank on Monday described the key assumptions of 2.1 million barrels per day oil production and $73 per barrel price as ambitious given the current production level of 1.6mbpd and $60pb price ...