Tag: World Bank
Hardship: Don’t turn yourself into puppet of IMF, World Bank – Jega tells Tinubu
Jega noted that while it is good to relate with the World Bank and other organizations, “we should not swallow ...
Nigeria’s Naira showing signs of stability — IMF
World Bank report identified the naira as one of the weakest-performing currencies in sub-Saharan Africa The International Monetary Fund (IMF) ...
Improved Power Supply Reduces Petrol Price Complaints – Power Minister
Adelabu also discussed Lagos state's plan to replace 1 million generators within a year Nigeria's Minister of Power, Adebayo Adelabu, ...
World Bank Lists Naira Among Africa’s Worst Performing Currencies
The Nigerian Naira has been identified as one of the worst-performing currencies in sub-Saharan Africa, depreciating approximately 43% by August ...
JUST IN: World Bank approves $1.57bn loan for Nigeria
The approval, made on September 26, 2024, highlights the World Bank’s commitment to strengthening Nigeria’s human capital and building resilience ...
Nigeria’s inflation soars to 33.95% in May as economic crisis worsens
There is a 0.26 per cent points increase in May when compared to the April 2024 headline inflation rate which ...
Hike in interest rate detrimental to Nigeria’s economy, won’t contain inflation, World Bank tells CBN
.Many have also opined that Nigeria's inflation is largely cost push and not demand pull, hence monetary policies measures taken ...
World Bank approves fresh $2.25bn support for Nigeria
The package provides immediate financial and technical support to Nigeria’s urgent efforts to stabilize the economy and scale up support ...
Electricity meters: Tinubu gets senate approval to borrow $500m from World Bank
The loan, which was approved on Wednesday, will be used to provide electricity metres in the country. Nigeria’s upper legislative ...
World Bank invests $25 million in Ekiti state’s education sector
The Ekiti State Government has announced that 203 public schools will receive a $25 million school improvement grant (SIG) from ...
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