The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates, the world bank warned Thursday, calling on governments to help boost supply …
While price inflation in Morocco continues to break records, a recent report from the World Bank argues that agricultural and Cereal export prices have started showing signs of stabilizing worldwide. …
The World Bank and the US Export-Import Bank (EximBank) say they will commit over $3 billion to the implementation of Nigeria’s energy transition plan. The international organisations made the commitment …
Rising debt has pushed Nigeria up the World Bank’s top 10 International Development Association borrowers’ list. The World Bank Fiscal Year 2021 audited financial statements, known as the IDA financial …
The Lagos Chamber of Commerce and Industry (LCCI) has expressed worry over Nigeria’s rising debt profile and servicing, against dwindling revenue, calling on the Federal Government (FG) to discontinue the …
The World Bank has assisted Nigeria with the sum of $8.5 billion to target some critical issues in Agriculture and the educational sector. The donation was confirmed in Abuja on Thursday during …
Nigeria’s inflation rate is now 20 per cent above the World Bank’s projection of 15.5 per cent. In its recent ‘Nigeria Development Update (June 2022): The Continuing Urgency of Business …
The Federal Government of Nigeria, on Thursday, secured the biggest share of the $65bn (N27tn) funding from the World Bank’s International Development Association to African countries. This was as the …
World Bank has extended a KSh390 million facility to 14 firms in 14 counties, seeking to use solar energy to light up areas not on the national grid, and benefitting …
The World Bank has stated that Nigeria’s external reserves are expected to decline as the Central Bank of Nigeria (CBN) is expected to clear $1.7 billion worth of FX backlog …