Tag: World Bank
Nigeria hasn’t requested debt restructuring — World Bank
The world bank says Nigeria has not requested for debt restructuring from international financial institutions as allowed under the Common ...
Corruption: W’Bank sanctions seven Nigerian firms, individuals
The World Bank has revealed that it sanctioned seven Nigerian firms and individuals for corruption during its 2022 fiscal year. ...
How states can access $750m World Bank loan – FG
The Presidential Enabling Business Environment Council, PEBEC, has explained how state governments can access the $750 million approved by the ...
World Bank: Nigeria’s economic outlook uncertain, welfare worsening
The World Bank has disclosed that Nigeria’s economic outlook is uncertain and its ability to attract domestic and foreign investments is ...
World Bank to FG: Rate hikes may trigger recession
The World Bank Group has cautioned Nigeria as well as other developing economies that simultaneous rate hikes in response to increasing ...
Nigeria gets $3bn from World Bank, US to boost energy transition
The World Bank and the US Export-Import Bank (EximBank) have pledged a sum of $3 billion to boost the implementation ...
NECA: FG should reduce wastage in governance, widen tax net to revive economy
The Nigeria Employers' Consultative Association (NECA) has stated that there is a need for the federal government to adopt a ...
Fiscal Transparency: FG disburses N352b to states
The federal government has disbursed the sum of N351. 6 billion to state governments under the States’ Fiscal Transparency Accountability ...
Nigeria didn’t flout World Bank borrowing rules – FG
The federal government has debunked reports about Nigeria's disregard for the World Bank Disclosure Rule and borrowing loans. The Debt ...
World Bank: Nigerian adults with bank accounts hit 45%
The World Bank has disclosed that the number of Nigerians with accounts at regulated institutions such as a bank, credit union, ...
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