Nigeria remains a lower-middle income economy, below Libya and Gabon, World Bank report says. For the umpteenth time, the ...

Despite an uptick in remittance inflows and growing investor appetite for its debt and equities, Nigeria remains firmly categorised as a lower-middle-income country by the World Bank a status largely ...

The Federal Government of Nigeria has expressed its determination to tackle energy poverty with a high-level Stakeholder Engagement forum towards the implementation of the National Energy Compact ...

Zenith Bank Plc has emerged as the top bank in Nigeria by tier-1 capital for the 16th year, according to a new ranking ...

Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital for the sixteenth consecutive ...

The World Bank has announced the appointment of Mathew Verghis as its new country director for Nigeria. In a statement on ...

Indian economist Mathew Verghis has taken over from Ndiame Diop as Nigeria’s Country Director for the World Bank.

Increasing revenues, establishing an effective budget framework, and scaling up the cash transfer system can all support ...

Nigeria remains one of the World Bank’s largest country portfolios, with ongoing support in sectors including education, infrastructure, health, and social protection.

The World Bank has appointed Mathew Verghis as its new Country Director for Nigeria, effective July 1, 2025. He succeeds ...