FG okays $3.45bn W’Bank loan application for power, others
The Federal Executive Council on Monday approved the application for a $3.45bn loan to finance five items. They include projects ...
Thursday, January 9, 2025
Tag: WORLD BANK
Personnel costs, debt servicing exceeded govt 2022 revenue – W’Bank
The Federal Government’s spending on personnel costs and debt servicing exceeded total revenues in 2022, the World Bank has stated. ...
Nigeria may miss W’Bank’s 148 million NIN registration target – Report
Nigeria may miss a World Bank’s target of 148 million National Identification Number registrations by June 2024 after total NIN ...
Inflation driving 64 million Nigerians into food crisis – World Bank
At least 64 million Nigerians are at risk of emergency food and nutritional assistance due to the attendant effects of ...
Nigeria’s borrowing from World Bank hits $14.34bn in Q1 – Report
Nigeria’s borrowing from the World Bank has reached $14.34bn as of March 31, 2023, The PUNCH has learnt. This was an increase ...
Food price inflation remains high globally – World Bank
The World Bank says inflation in food prices remains high globally. It made the declaration in its latest Food Security ...
Unify multiple exchange rates, World Bank tells Nigeria
The World Bank has advised the Federal Government to unify the nation’s multiple exchange rate windows and carry out a ...
World Bank lists challenges for incoming FG, drops growth rate forecast
At the backdrop of the imminent assumption of office, the World Bank Group, WBG, has given a long list of ...
FG to repay $800m World Bank loan for 25 years
The next administration after the regime of the President, Major General Muhammadu Buhari (retd.), will begin the repayment of the ...
Naira lost 10% value in 2022, says World Bank
The naira lost 10.2 per cent of its value in 2022, according to the World Bank. This came as rising ...
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