Tags World bank

Tag: world bank

World Bank, AfDB Approved $2.83bn For Nigeria in 2021

The World Bank and the African Development Bank approved a total sum of $2.83bn to Nigeria in 2021, It has been learnt.

World Bank announces $93bn package for Nigeria, 73 others

The World Bank announced on Wednesday a $93bn replenishment package of the International Development Association to help 74 low-income countries respond to the COVID-19...

IMF Tells FG To Remove Fuel, Electricity Subsidies Next Year

The International Monetary Fund said on Friday that the Nigerian government should remove fuel and electricity subsidies completely early next year and...

W/Bank Projects $17.6bn Diaspora Remittance To Nigeria

The World Bank has projected $17.6 billion Diaspora remittances into Nigeria in 2021, representing 2.5 per cent increase from $17.2 billion recorded...

Federal Govt Okays N27.4bn For Works, FCT Ministries

The federal government has approved contracts worth a total sum of N27.4billion for projects in the Works and Housing, and the Federal...

Economic Activities In Northeast Down By 50% – World Bank

The World Bank yesterday revealed how Boko Haram/ISWAP terrorists’ activities caused a sharp decline in the economic activities in the states of...

World Bank Disagrees With CBN On Multiple Exchange Rates, Others

The World Bank has said it disagrees with the Central Bank of Nigeria on how it is going about to achieve its...

Global Wealth Has Grown, But at the Expense of Future Prosperity: World Bank

Global wealth has grown overall—but at the expense of future prosperity and by exacerbating inequalities, according to the World Bank’s new Changing Wealth...

World Bank Reviews $157bn Support To Nigeria, Others

The World Bank Group (WBG) has assessed its $157 billion support given to Nigeria and other developing economies to fight COVID-19 pandemic....

IMF Predicts Nigeria’s Debt-To-GDP Ratio To Hit 42% By 2026

The International Monetary Fund has projected that Nigeria’s government gross debt to Gross Domestic Product ratio will rise to 42 per cent...

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