DEBT servicing will gulp 123.4 per cent of the Federal Government’s revenue in 2023. World Bank Lead Economist for Nigeria, Alex Sienaert, made the projection...
THE World Bank has said that Nigeria’s economic outlook is uncertain and its ability to attract domestic and foreign investments is also crashing. It also...
NIGERIA’S inflation rate has risen to 20 percent above World Bank’s projection of 15.5 percent. The new trend also defies new Central Bank of Nigeria...
By Uche Kalu WORLD Bank’s latest Global Economic Prospects report has revealed that the Russian invasion of Ukraine has magnified the slowdown in the global economy,...
THE number of Nigerians that are poor may soar to 95.1 million in 2022. World Bank gave the figure in its latest outlook on the country’s...
FEDERAL government has approached the World Bank in an effort to obtain a loan of $30 million for the purpose of building a vaccine plant in...
IMMEDIATE policy action is needed to curb the long-run impacts of the COVID-19 crisis on the lives and livelihoods of Nigerian households, the World Bank has...
THE World Bank has stated that the destruction caused by the Boko Haram sect caused economic activities in the north-eastern part of the country to decline...
THE World Bank has stated that the destruction caused by the Boko Haram sect caused economic activities in the north-eastern part of the country to decline...
WORLD BANK has listed Nigeria and nine other countries as nations with high-debt risk exposure globally. Latest financial statement for International Development Association (IDA) showed...
