Nigeria is seeking up to $2.25 billion in World Bank loans and expects the bank’s board to approve the request in June, the government said in a statement following the…
Read More Nigeria seeking up to $2.25bn in World Bank loansTag: #World Bank
Nigeria’s poverty rate reduced by 7% over internet exposure – World Bank
Our reporter/ The World Bank has said that improved exposure to Internet and other online materials led to a reduction of poverty rate in Nigeria and Tanzania by 7 per…
Read More Nigeria’s poverty rate reduced by 7% over internet exposure – World BankNigeria’s inflation to ease in 2024, economic outlook to improve, says World Bank
Our reporter/ Nigeria’s inflation should ease in 2024 as the effects of last year’s foreign exchange (FX) market and petrol subsidy reforms continue to wane, the World Bank has predicted.…
Read More Nigeria’s inflation to ease in 2024, economic outlook to improve, says World BankWorld Bank Report: Number of poor Nigerians increased by 24m between 2018 and 2023
The World Bank says poverty rate in Nigeria has increased to 46 percent in 2023, representing 104 million poor Nigerians. This was disclosed in World Bank’s Nigeria development update titled ‘Turning the…
Read More World Bank Report: Number of poor Nigerians increased by 24m between 2018 and 2023FG in talk with World Bank for $1.5bn budget support loan – Wale Edun
Our reporter/ The federal government is at the verge of obtaining a $1.5billion budget support facility from the World Bank. The Minister of Finance and Coordinating Minister of the Economy,…
Read More FG in talk with World Bank for $1.5bn budget support loan – Wale Edun