World Bank

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...

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...

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”,...

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...

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...

July 27, (THEWILL) — Nigeria's economic reforms have received a major boost from the World Bank who Reaffirms its commitment to private sector growth. The statement came when the Finance and Coordinating Minister of the Economy, Mr. Wale Edun, received...

June 27, (THEWILL) – Conflict and instability are taking a devastating toll on the 39 economies afflicted by them, driving up extreme poverty faster than anywhere else, intensifying acute hunger, and pushing several key development goals farther out...

June 10, (THEWILL) – Heightened trade tensions and policy uncertainty are expected to drive global growth down this year to its slowest pace since 2008 outside of outright global recessions, according to the World Bank’s latest Global Economic Prospects...

May 13, (THEWILL) – The World Bank has projected a notable decline in Nigeria’s inflation rate, forecasting that inflation could average just over 22 per cent in 2025—provided the Central Bank of Nigeria (CBN) maintains its current policy...

April 25, (THEWILL) – The World Bank has projected a grim outlook for Nigeria’s fight against poverty, warning that more Nigerians are expected to fall below the poverty line by 2027. In a latest Africa Pulse report released at the...