Business
has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations

Nigerians use 45,800 terabytes of data daily —

  • 14th May 2026

Dangote rejects NNPC bid to raise 7.25% stake

  • 14th May 2026

BoA assures pensioners of plans to clear outstanding

  • 14th May 2026

Agbaje downplays fintech rivalry as HabariPay boosts GTCO

  • 14th May 2026

Contact Info

Some Populer Post

Google to revises app rules after EU charges over market abuse

Google denies breaching online safety law over suicide forum

Tech
Court Rules FirstBank-GHL dispute Is debt recovery, not maritime claim

First HoldCo elevates Omodayo-Owotuga to executive director role

Banking
has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations

Nigerians use 45,800 terabytes of data daily — NCC

Business

Nigeria’s inflation rose to 16.42% in April

Economy

Tag: World Bank

Business featured

W’Bank, ILO warn GenAI will reshape global labour markets

A new joint working paper by the International Labour Organisation and the World Bank has cautioned that generative artificial intelligence is set to transform labour markets globally, though its effects will vary sharply between advanced and developing economies. The study, produced as a background paper for the World Development Report 2026, analysed labour market exposure […]

World

W’Bank warns of massive jobs crisis in developing countries

The World Bank Group has warned that developing economies face a looming employment crisis as millions of young people prepare to join the workforce without sufficient jobs to accommodate them. This mismatch threatens economic stability, increases migration pressures, and poses risks to global security. In a blog post on its official platform, the Washington-based institution […]

Economy featured

Invest in children or risk $1tn economy dream, W’Bank warns Nigeria

Nigeria’s ambition to build a $1tn economy by 2050 could be undermined if the country fails to urgently invest in early childhood development, the World Bank has warned. The warning came during a policy dialogue held in Abuja on Tuesday, themed “Early Childhood, Productivity and Nigeria’s Growth Choices”. Development experts at the event highlighted that […]

featured

World Bank reduces CBN grant from $10.5m to $6.8m

The World Bank has scaled down a proposed grant to the Central Bank of Nigeria from $10.50m to $6.80m, with the project now slated for board consideration on March 27. The funding, which is still structured as a grant rather than a loan, is intended for the CBN Technical Assistance Facility, according to The Punch. […]

Electricity

FG, World Bank inject $500m to revive DisCos

The Federal Government, in collaboration with the World Bank, is set to inject $500 million into Nigeria’s ailing electricity distribution sector under the Distribution Sector Recovery Programme, as part of efforts to cut losses, close the metering gap and improve power supply nationwide. The intervention was disclosed by Director of the Energy Sector Department at […]

Economy

ICYMI: W’Bank hails Tinubu’s ‘difficult’ reforms as global reference point

The World Bank has commended President Bola Tinubu’s reform drive, describing Nigeria as a frequent global reference point for reform implementation and results. The bank’s Managing Director of Operations, Anna Bjerde, stated this on Tuesday while leading a World Bank Group delegation to the president at the State House, Abuja. Anna Bjerde said Nigeria’s reform […]

Economy

Nigeria’s reforms are irreversible, Tinubu tells World Bank

President Bola Tinubu has assured a World Bank delegation, led by Managing Director of Operations Anna Bjerde, that Nigeria’s bold economic reforms are irreversible. He framed the reforms as essential for harnessing the nation’s vast potential, driven by its youthful population and abundant arable lands. The meeting took place at the State House following a […]

featured

W’Bank top executive in Nigeria for talks on growth, jobs

The Managing Director of Operations at the World Bank, Anna Bjerde, is in Nigeria for a three-day visit aimed at strengthening collaboration on boosting economic growth and job creation. The World Bank, in a statement on Sunday, said the visit, which begins on February 1, 2026, will explore how the World Bank Group can best […]

Economy

Nigeria poised to unlock billions in procurement opportunities — W’Bank

The World Bank Group has highlighted billions of dollars in business opportunities for Nigerian companies as its Africa West portfolio grows, with local firms already securing most contracts. Nazaneen Ismali Ali, the bank’s regional procurement manager for Africa West and Central, said the region currently holds $63.5 billion in active commitments across 315 projects in […]

Investment

W’Bank fund: States given 30-day deadline to publish contract awards

In a renewed effort to strengthen transparency and accountability in public procurement, the World Bank–assisted Human Capital Opportunities for Prosperity and Equity Programme of the Federal Ministry of Budget and Economic Planning has directed state governments to publish contract award information for basic education and primary healthcare procurements within 30 days after the end of […]

Technology

Africa, Middle East lag behind in business AI adoption — W’Bank

Artificial intelligence adoption among businesses remains lowest in Sub-Saharan Africa and the Middle East, highlighting a widening digital divide across emerging regions, according to a new World Bank survey. The survey, conducted in June 2025, covered more than 2,200 companies across over 85 countries backed by the World Bank Group’s private-sector arm or by private […]

Economy

Nigeria’s growth fragile without pro-poor policies — World Bank

The World Bank has cautioned that Nigeria’s economic growth, despite showing early signs of recovery, remains fragile and may fail to improve living standards for millions of citizens without deliberate and targeted policies to reduce poverty. The warning was issued by Dr Samer Matta, the World Bank’s Senior Economist for Nigeria, during the Nigeria Economic […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in