Connect with us
President Muhammadu Buhari, has written to the Senate, asking the lawmakers to approve a new loan request of $800million. In a letter read by the President...
The global economy is “perilously close to falling into recession”, according to the latest forecast from the World Bank. It expects the world economy to grow...
Owing to the rising debt service-to-revenue ratio, the World Bank has said that public debt in Nigeria is concerning. According to the bank, the debt...
The World Bank Group has warned Nigeria as well as other developing economies that simultaneous rate hikes in response to increasing inflationary pressure may...
In light of Nigeria’s dwindling revenue, the continued payment of trillions of naira on fuel subsidy by the government and the attendant economic challenges, the World...
Consistent borrowing has allocated Nigeria a spot in the World Bank’s top 10 International Development Association borrowers’ list. The World Bank Fiscal Year 2021 audited financial...
An intervention programme executed as part of the Nigeria’s COVID-19 Action Recovery and Economic Stimulus of the Federal Government in conjunction with the World Bank has...
The World Bank has said that Nigerian states will lose N18.8bn in oil and gas revenues in 2022, as worsening revenue collection at the federation level...
The World Bank has said that Nigeria’s forex exchange reserve will fall in 2022 as the Central Bank of Nigeria plans to clear about $1.7bn in...
The unstable situation in Nigeria is telling on every aspect of the economy and it is a clear indication of what the World Bank said of...
