Tag: World Bank
IMF Says Nigeria’s Inflation Rate Will Drop To 23% By 2025
In a recent release of its Global Economic Outlook at the International Monetary Fund/World Bank Spring Meetings in Washington D.C., on Tuesday, the IMF...
Quest For Efficiency: World Bank Overhauls Guarantee Operations
The world is in the midst of intertwined crises, which are threatening to turn back progress on economic and sustainable development. It’s clear that...
Livestock Production: Makinde’s Government To Benefit From World Bank’s $500m Intervention...
The Oyo State Governor, Engr. Seyi Makinde has been commended by the World Bank and the Federal Ministry of Agriculture and Food Security through...
Tinubu’s Govt Seeks $1.5bn Loan To Shore Up Naira, Boost Budget
Nigeria is seeking $1.5bn aid from the World Bank to tackle the severe dollar shortage contributing to the decline of the naira.
“We’re hoping to...
How Inflation Will Push 2.8million Nigerians Into Poverty – World Bank
Rising inflation and low economic growth in Nigeria will push a further 2.8 million people into poverty by 2023’s end, the World Bank has...
How Palliative Loans Totaling $300m Got Disbursed By World Bank
The World Bank has commenced payment of the $800m approved for the National Social Safety Net Program-Scale Up.
It was learnt that the bank has...
Oyebanji’s Govt Begins Building Of Rural Roads In Ekiti
Mr Biodun Oyebanji’s government in Ekiti State has disclosed its readiness to begin massive construction of roads across the 16 local governments under the...
Fresh Loan Of $1.5bn: FG In Talks With World Bank
The President Bola Tinubu-led Federal Government is currently engaging the World Bank on a fresh $1.5bn loan, findings have shown.
Abbreviated as HOPE, the loan...
Fresh $700m Loan Approved For Nigeria By World Bank
The World Bank has approved a fresh $700m loan for Nigeria to enhance adolescent girls’ learning and empowerment.
It disclosed this in a statement published...
Report Reveals Why World Bank Is Delaying $8.6bn Loan To Nigeria
Nigeria has about $8.25bn undisbursed World Bank loan as of July 2023, according to findings.
This was based on data obtained from the Summary Statement...
