Tag: World Bank
Focus on targeted safety-net programmes not food or fuel subsidies, World Bank tells policymakers
World Bank has admonished policymakers to focus on targeted safety-net programmes rather than food or fuel subsidies. This was disclosed ...
Okonjo-Iweala discloses why she’s worried about another pandemic
Director General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala has stated that she's worried that the world is not ...
Emefiele reveals why CBN can not float exchange rate
Godwin Emefiele, Governor of the Central Bank of Nigeria has stated that despite calls and recommendations by the International Monetary Fund, ...
60% of low-income countries in debt distress, says World Bank
World Bank Group president, David Malpass has disclosed that 60 percent of low-income countries are in debt of distress or ...
World Bank: Fuel subsidy puts Nigerian economy at high risk
The World Bank has disclosed that increasing fuel subsidy puts the Nigerian economy at a high risk as subsidy payments could ...
Russia-Ukraine war: World Bank, IMF call for urgent action on food security
The World Bank Group, International Monetary Fund (IMF) and World Trade Organisation (WTO) have demanded for urgent action on food ...
World Bank: Russian invasion to shrink Ukraine’s economy by 45% in 2022
The World Bank has stated that Ukraine's economy will shrink by 45.1 percent this year as a result of the ...
World Bank suspends Nigerian firm, MD for bribery
SoftTech IT Solutions and Services Ltd., a Nigerian information technology solutions firm, and its Managing Director, Mr Isah Kantigi, have ...
World Bank: Poor Nigerians to hit 95.1m in 2022
The World Bank has disclosed that poverty reduction stagnated since 2015, with more Nigerians falling below the poverty line over the ...
World Bank approves $723m emergency financing package for Ukraine
The World Bank has disclosed that it has approved a $723 million package of loans and grants for Ukraine as ...
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