World Bank

World Bank Endorses National Certification Programme, Citing Gains in Capacity and Transparency

December 23, (THEWILL) — The World Bank has commended the successful rollout of Nigeria’s national certification programme, describing it as a critical milestone in strengthening institutional capacity, improving service delivery, and deepening transparency across key sectors of the...

Cross River Govt Flags off World Bank-Project for Maritime Prospects

December 15, (THEWILL) — Cross River State governor, Senator Bassey Edet Otu, has reaffirmed his administration’s commitment to positioning the state as a major force in Nigeria’s emerging blue economy as he formally launched a World Bank–supported upskilling programme...

Expanding International Standards Reshaping Global Economy, Says World Bank

December 13, (THEWILL) — The World Bank has said that the proliferation of international standards — covering everything from food labeling to the specifications of 5G cellular networks—is steadily reshaping the global economic order. It added that the process is...

World Bank Urges Nigeria To Reduce Import Tariffs To Curb Inflation

November 27, (THEWILL) — The World Bank has called on the Federal Government of Nigeria to lower high import tariffs and review existing import bans as part of urgent measures to tackle the country’s persistent inflation and ease the...

World Bank Forecasts Sharp Drop In Commodity Prices by 2026 As Oil Glut Deepens

October 29, (THEWILL) — Commodity prices are projected to fall to their lowest level in six years by 2026, marking the fourth straight year of decline, the World Bank Group said in its latest Commodity Markets Outlook. According to the...

World Bank, WHO Endorse Nigeria’s SWAp Model as Global Blueprint for Health Reform

October 20, (THEWILL) — Nigeria’s health sector reforms have gained international recognition as the country’s Sector Wide Approach (SWAp) model was presented as a global benchmark during the 2025 World Bank-IMF Annual Meetings in Washington, D.C. At the high-level dialogue...

World Bank Raises Concerns Over Nigeria’s Rising Revenue Collection Costs

October 09, (THEWILL) — The World Bank has raised fresh concerns over Nigeria’s ballooning cost of revenue collection, warning that the country risks eroding its fiscal efficiency despite recent gains in non-oil revenue mobilisation and digital tax reforms. According to...

World Bank Urges Social Safety Nets As 139m Nigerians Live In Poverty

October 09, (THEWILL) — The World Bank has disclosed that about 139 million Nigerians are still living in poverty despite recent economic reforms by the Federal Government. In its latest report, “From Policy to People: Bringing the Reform Gains Home”,...

Nigeria’s Single-Digit Inflation Target Unrealistic For Now – World Bank

October 08, (THEWILL) — The World Bank has cautioned that Nigeria’s ambition to achieve single-digit inflation in the near term is unrealistic, warning that persistent price pressures will continue to burden micro, small and medium enterprises (MSMEs) and households. In...

World Bank Raises 2025 Growth Forecast For Nigeria, Ethiopia To 3.8%, Sub-Saharan Africa To Expand By 4.4%

October 07, (THEWILL) — The World Bank has raised its 2025 growth forecast for Nigeria and Ethiopia to 3.8%, underscoring an improving macroeconomic outlook across Sub-Saharan Africa driven by easing inflation, stabilised currencies, and renewed investor confidence. According to the...
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Footballers Call For Change At Fifa As Gianni Infantino Faces Growing Pressure

group of current and former footballers has publicly called for change at the top of world football, saying major decisions are being made without enough consideration for players or supporters.
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