Tag: World Bank
Reduce govt borrowing from CBN, World Bank advises Nigeria
The World Bank Group has urged Nigeria to reduce government’s borrowing from the Central Bank if it wants to reduce the inflationary ...One billion people on brink of hunger globally – World Bank
A report in the newsletter of the World Bank has stated has revealed that over one billion people are on the brink ...FG will save N11trn from subsidy removal, poor Nigerians to lose N5k monthly – World ...
The World Bank has said Nigeria’s government will save a total of N11 trillion from the recent petrol subsidy removal policy. However, ...Fuel subsidy removal: Poor Nigerians will hit 101million without palliatives, says World Bank
The World Bank has said Nigeria has one of the highest inflation rates, which pushed an estimated four million people into poverty ...Nigeria reducing debt service cost by accessing World Bank loans, says DMO
The Debt Management Office has said Nigeria is actively reducing debt service cost by accessing World Bank loans. The office took this ...Japa: US-based low-skilled Nigerians boost income by 1,500%, says World Bank
The World Bank has disclosed that low-skilled Nigerians who moved to the United States of America increased their earnings by 1,500 per ...Nigeria’s indebtedness to World Bank now N6trillion
Nigeria’s borrowing from the World Bank has risen by 121.46 per cent under the administration of President Muhammadu Buhari. According to The ...Nigeria’s fiscal, debt pressures will increase if petrol subsidy isn’t removed – World Bank
The World Bank has said Nigeria’s fiscal and debt pressures will increase if petrol subsidy is not phased out in June 2023. ...Naira lost 10.2% of its value against dollar in 2022 – World Bank
Naira lost 10.2% of its value against dollar in 2022 – World Bank The World Bank has said the Naira, Nigeria’s legal ...Chinese loans reduced Africa’s dependency on IMF, World Bank – Osinbajo
Vice-President Yemi Osinbajo has said Chinese lending to Africa has reduced dependency on loans from Western institutions. Osinbajo spoke while delivering a ...
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