Tag: World Bank
World Bank Says Naira Is Among Worst Performing Currencies
The naira has been listed among the worst-performing currencies in Sub-Saharan Africa in 2024.
This is according to the latest edition of Africa’s Pulse, a...
Report Says Tinubu’s Govt Borrowed $6.45bn From W’Bank In 16 Months
The President Bola Tinubu-led Federal Government has secured loans worth $6.45bn from the World Bank in just 16 months.
The amount increased to the new...
Three New $1.57bn Loan Requests Approved For Nigeria By World Bank
The World Bank has again approved three new loan requests totalling $1.57bn in financing for Nigeria.
According to a statement released on Monday, the approval...
Report Says World Bank’s Set To Give Fresh $1.7bn Loan To...
The Federal Government is set to receive a fresh loan from the World Bank, with approval expected for loans worth $1.7 billion.
The loan is...
Loan Of $751m Received From World Bank By Tinubu’s Govt
The President Bola Tinubu-led Federal Government has obtained $751.88m out of the recently approved $1.5bn loan by the World Bank.
The loan under the Nigeria...
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...
