AfCFTA: World Bank asks African countries to remove trade barriers

  In order to reap the benefits of the African Continental Free Trade Area (AfCFTA), non-tariff…

World Bank revises Nigeria’s economic growth projection

  The World Bank Group has downgraded Nigeria’s growth projection for 2023 and 2024 to 2.9…

World Bank cuts Nigeria 2022 growth forecast to 3.1% 

  The World Bank has cut Nigeria’s 2022 growth forecast to 3.1% from a previous forecast…

Nigeria’s economic outlook uncertain – World Bank

The World Bank has said that Nigeria’s economic outlook is uncertain and its ability to attract…

World Bank faults Nigeria’s import, forex restrictions policy 

The World Bank has disclosed that import restrictions and non-flexible exchange rate management of the Central…

Nigeria’s port concession model the best in Africa — World Bank 

  The World Bank has said that Nigeria’s port concession model, which was rolled out in…

World Bank forecasts Nigeria’s economy to grow by 2.5% in 2022

  The World Bank says the Nigerian economy is expected to grow by 2.5 percent in…

World Bank asks Nigeria Customs to automate, speed up cargo clearance 

  The World Bank has asked the Nigeria Customs Service to reduce delays in border and…

Moving goods within Nigeria 5 times costlier than US — World Bank

  The World Bank says it costs more to move goods locally in Nigeria than in…

World Bank raises Nigeria’s growth forecast to 1.8%

  The World Bank says Nigeria’s economy is expected to expand at a moderate rate of…

Nigeria is Africa’s richest country with $514bn GDP, says World Bank

  Even with the spate of insecurity, high rate of inflation, unemployment and recessions, the 2021 World Population Review…

Beirut blast: World Bank estimates $4.6bn physical damage 

  The World Bank estimates the value of physical damage caused by the explosion that rocked…