GenAI Threatens Jobs, ILO-World Bank Alert

  A joint working paper by the International Labour Organisation (ILO) and the World Bank has cautioned that generative artificial intelligence (GenAI) will fundamentally alter labour markets across the world, with the most vulnerable economies standing to lose the most if deliberate policy action is not taken. The study, prepared as a background paper for…

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World Bank Approves $500m to Fix Nigeria’s Agriculture

 Economic Reforms: World Bank’s Anna Bjerde arrives Nigeria

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…

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World Bank Projects 2.5% Economic Growth For Nigeria

The World Bank in a report released on the 11th of January, 2022 estimated a 2.5 percent economic growth in Nigeria for the year 2022, 0.1 percent higher than the projection for 2021. The report was titled ‘Global Economic Prospects’; in the report, the World Bank stated that the elevated commodity prices are anticipated to…

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