Tag: World Bank
Nigeria’s Borrowing From World Bank Hits $14.34bn In Q1 – Report
According to a World Bank report, Nigeria's borrowings have reached $14.34 billion as of March 31, 2023. This was an ...
World Bank announces Ajay Banga as sole nominee for President
The World Bank Group’s Board of Executive Directors announced that Ajay Banga, a U.S. national, was the only nominee for ...
Buhari’s foreign trips not enough, says Minister
Geoffrey Onyeama, the Minister of Foreign Affairs on Thursday justified the number of foreign trips embarked upon by the President Muhammadu ...
Emerging markets, developing economies will be hit hard in 2 years – World Bank
The World Bank's most recent Global Economic Prospects report predicts that over the next two years, growth in emerging markets ...
Naira redesign will affect the poor, SMEs – World Bank
The World Bank has warned the newly redesigned N,1000, N500 and N200 naira notes would have negative effect on economic ...
Why I met with Space X, World bank, Google at USALF – Pantami
The Minister of Communications and Digital Economy of Nigeria, Prof. Isa Ali Ibrahim Pantami, has explained why he had meetings ...
‘Another 5m pushed into poverty’ — World Bank cuts Nigeria’s 2022 growth forecast to 3.1%
According to the World Bank, inflation will push five million Nigerians into poverty by 2022. The Bretton Woods Institution stated ...
World Bank: Nigeria’s infrastructure quality low
The World Bank has portrayed the level and quality of infrastructure in Nigeria as low despite the Federal Government's claim ...
World Bank: Petrol, electricity subsides hurting poor Nigerians
The World Bank has disclosed that subsidies benefit only rich households and reduce government spending on poor Nigerians. This was contained ...
World Bank: Naira depreciation will worsen Nigeria’s food, energy crisis
The World Bank's latest Commodity Markets Outlook report has disclosed that the shrinking value of the Nigerian naira and currencies ...
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