Tag: World Bank
World Bank plans to provide $3bn aid package for Ukraine amid Russian invasion
The World Bank has disclosed that it is preparing a $3 billion aid package for Ukraine in the face of ...
World Bank sanctions Nigerian firm, MD over alleged corrupt practices
AIM Consultants Limited, a Nigerian consultant firm, and its Managing Director, Amin Moussalli, have been sanctioned by the World Bank ...
World Bank condemns FG as high inflation worsens poverty
The World Bank has stated that the Federal Government of Nigeria did not take any concerted action towards curbing inflation in ...
Nigeria’s Economy To Grow By 2.5% In 2022 – World Bank
Nigeria’s economy is expected to grow by 2.5 per cent in 2022 and by another 0.3 per cent next year, ...
World Bank: Nigeria’s debt vulnerable, costly
The World Bank has revealed that Nigeria's debt, which may be considered sustainable for now, is vulnerable and costly. According ...
World Bank: Nigeria’s inflation rate may be among world’s highest in 2022
The World Bank has disclosed that Nigeria may have one of the highest inflation rates globally in 2022, with increasing ...
Impose special tax on sugary drinks and cigarettes to improve primary healthcare, World Bank tells FG
The World Bank has again called on the federal government to impose special taxes on alcohol, cigarettes and sugar-sweetened beverages ...
World Bank: Inflation could push six million Nigerians into poverty
The World Bank disclosed that the increase in prices that occurred between June 2020 and June 2021 could push about six ...
Senate approves Buhari’s $16bn, €1bn loan requests
The senate, upper chamber of the national assembly has approved $16,230,077,718 and €1,020,000,000 loans requested by President Muhammadu Buhari. The ...
World Bank: Nigeria owes China $3 billion as of 2020
The World Bank has disclosed that Nigeria has so far borrowed $3.121 billion (1,126.68 trillion at USD/361) from China as ...
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