World Bank rates Nigeria’s subsidy removal, Forex unification as blessings
The World Bank has thrown its weight in support of the Federal Government’s subsidy removal and the exchange rate unification. ...
Tag: World Bank
World Bank new chief wants better lending institution
World Bank President Ajay Banga wants to focus on improving the development lender so that he can earn the right ...
Global economy in ‘precarious position’, World Bank warns
Washington, June 7, 2023: High interest rates and the Russian war in Ukraine continue to significantly slow global economic growth, ...
World Bank pins poverty in Nigeria
The World Bank has insisted on its economic growth (Gross Domestic Product, GDP) forecast of 2.8% for Nigeria in 2023, ...
World Bank approves loan to support fisheries in Philippines
The World Bank has approved a 176-million-U.S. dollar loan on Wednesday to fund a fisheries project that aims to improve ...
Food insecurity worries World Bank
The World Bank, in its latest food security update, said seven countries, including Nigeria, Afghanistan, Burkina Faso, Haiti, Somalia, South ...
World Bank extends NG-CARES programme in Nigeria – Minister
The World Bank has approved the extension of the Federal Government COVID-19 Action Recovery and Economic Stimulus tagged: “NG-CARES” Programme ...
Nigeria disburses N900m for World Bank funded NG-CARES
The Federal Government has disbursed N900 million in Borno to mitigate COVID-19 impact under the country’s Action Recovery and Economic ...
Ajay Banga Selected 14th President of the World Bank
The Executive Directors of the World Bank have selected Mr Ajay Banga as President of the World Bank for a ...
Concessional World Bank facilities positive for Nigeria – DMO
The Debt Management Office (DMO) says Nigeria’s indebtedness to the World Bank, which grew from 6.29 billion dollars in 2015 ...
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