World Bank
4 LAS News stories tagged “World Bank”, newest first. Every story links its sources.
Nigeria's external debt rises 6.6% to $145bn in 2025, World Bank reports
The World Bank says Nigeria's external debt grew by 6.6% in 2025, reaching $145.015 billion, up from $83.21 billion in 2015. The increase represents a 74.3% rise over a decade, highlighting mounting fiscal pressures.
LAS News Desk · 7 Nov 2026, 12:45 WAT · 1 source
ECOWAS Regional Electricity Access Project connects half‑million West Africans to power
The $225 million World Bank‑funded ECOWAS‑REAP has linked 490 communities in The Gambia, Guinea‑Bissau and Mali to electricity, reaching roughly 500,000 people, as the final steering committee met in Abuja and Mali requested an extension.
LAS News Desk · 5 Nov 2026, 07:35 WAT · 2 sources
Nigeria disputes World Bank's half‑year debt‑service ratio, cites data gaps
Nigeria's finance ministry rejected the World Bank's claim that interest payments in the first half of 2026 equaled 124% of federal revenue, arguing the calculation mixes federal and state obligations and omits pending receipts, while noting faster revenue growth than debt costs.
LAS News Desk · 19 Oct 2026, 08:45 WAT · 2 sources
Nigeria’s cash transfer scheme reaches over 10 million households, World Bank urges broader reach and sustainability
The federal government reported disbursing N658.9 billion to 10.46 million vulnerable households by September 2026, while the World Bank highlighted gaps in coverage, payment adequacy and regularity, calling for a shift toward a sustainable social protection system.
LAS News Desk · 19 Oct 2026, 08:15 WAT · 2 sources