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Tag: #World Bank

Business Economy headline

Nigeria’s poverty rate reduced by 7% over internet exposure – World Bank

Iheanyi Ejiofor January 20, 2024 No Comments #internet exposure#Nigeria#poverty rate#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 Bank
Business Economy headline

Nigeria’s inflation to ease in 2024, economic outlook to improve, says World Bank

Iheanyi Ejiofor January 10, 2024 No Comments #inflation#Nigeria#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 Bank
Business Cover headline

World Bank Report: Number of poor Nigerians increased by 24m between 2018 and 2023

Iheanyi Ejiofor December 15, 2023 No Comments #poor Nigerians#World Bank

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 2023
Business Economy headline

FG in talk with World Bank for $1.5bn budget support loan – Wale Edun

Iheanyi Ejiofor October 15, 2023 No Comments #Budget support loan#World Bank

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
Business Economy headline

FG, World Bank partner to rollout digital national IDs for Nigerians

Iheanyi Ejiofor August 27, 2023 No Comments #Digital IDS#World Bank

The World Bank is collaborating with the federal government to ensure the successful rollout and registration of digital national IDs for all Nigerians. Shubham Chaudhuri, the Bank’s country director for…

Read More FG, World Bank partner to rollout digital national IDs for Nigerians

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