Debt servicing is taking a better part of Nigeria’s fiscal arrangement as the Federal Government projected to spend up to N10.43 trillion to service debts by...
Faults Nigeria’s N6.7 trillion fuel subsidy The World Bank has committed $8.5 billion to Nigeria to fund critical issues ranging from agriculture to education. Disclosing...
Nigeria lost at least $1.8 billion yearly between 2010 and 2019 as a result of the federal government’s protectionist measures, the World Bank has said. According to the...
World Bank Sees Dangers against Nigeria’s 3.4% GDP Growth Forecast The World Bank has identified fuel shortage and rising inflation as likely restraints to economic growth...
The World Bank Board of Executive Directors on Tuesday approved additional financing of $250 million for Outcomes for Accelerated Learning (GOAL), a program which aims to...
By Ahmed Ayanfe The World Bank Group has said that public debt in Nigeria and other low- and middle-income countries is now at a 50-year high,...
At a time when central banks around the world are mounting desperate battles to contain inflation, in Nigeria it could be a case of the country’s...
Ahmed Ayanfe More people living in Nigeria and its Sub-Saharan neighbours are expected to fall into extreme poverty due to different factors affecting the global economy,...
Incurs N950bn domestics borrowing in Q1 2022 already As IMF, experts cry out Even amidst troubled revenue generation and socio-economic contradictions facing the country, Nigeria’s...
The World Bank announced on Wednesday a $93 billion replenishment package of the International Development Association to help 74 low-income countries respond to the COVID-19 crisis...
