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Ajay Banga Appointed As President Of World Bank

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The World Bank on Wednesday confirmed Ajay Banga as its next president, taking charge at a pivotal time for the development lender as it...

World Bank To FG: Rate Hikes May Trigger Recession

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The World Bank Group has warned Nigeria as well as other developing economies that simultaneous rate hikes in response to increasing inflationary pressure may...

Phasing Out Of Subsidies: We Are Ready To Help Nigeria –...

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The World Bank Group's President, David Malpass, has said that the bank is ready to support Nigeria in phasing out regressive fuel subsidies while...

Emefiele Explains Why CBN Can’t Float Exchange Rate

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The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that despite calls and recommendations by the International Monetary Fund, the World...

Battle Against Food Insecurity: World Bank Votes $17b

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The World Bank has voted $17 billion to tackle food insecurity, provide emergency assistance and bolster safety nets. https://www.youtube.com/watch?v=JHbaW_E2F6E World Bank Group President, David Malpass, who...

Rising Inflation In Nigeria Worries World Bank

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The World Bank has identified debt and inflation as two big problems facing global growth, just as Nigeria grapples with mounting debt issues and...
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