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The Federal Government is in advanced discussions with the World Bank over a proposed $1.25 billion loan facility aimed at accelerating economic reforms, expanding job opportunities, and strengthening business competitiveness across the country. According to documents obtained by Channels Television, the proposed facility is tied to a programme titled Nigeria Actions for Investment and Jobs…
Nigeria will deepen its collaboration with the United Nations to fast-track the economic empowerment of women and young citizens. Vice President Kashim Shettima confirmed the plan during a meeting with UN Assistant Secretary General on Youth Affairs, Felipe Paullier, in Abuja on Thursday. The renewed pact focuses on financial inclusion, job creation, and technical skills…
The World Bank has projected that Nigeria and other developing economies may face a jobs deficit of approximately 800 million positions over the next decade and a half, as rapidly expanding youth populations outpace the creation of formal employment opportunities in a trend the institution describes as a looming national security threat. In an analysis…
The World Bank Managing Director of Operations, Anna Bjerde, has commenced a high-level visit to Nigeria. Her mission focuses on evaluating the progress of ongoing energy reforms and national job creation initiatives. Arriving today, Sunday February 1, 2026, this visit signals a critical juncture in the relationship between the global lender and Abuja. The strategic…
