World Bank News – Page 2 of 9 – Prime Business Africa

Global Trade To Surge By 2.3% In 2024 - World Bank

Why Nigeria’s Poor Growth Will Weaken West Africa’s Economy– World Bank

The World Bank forecasts subdued growth in Nigeria, dampening economic prospects for the broader Western and Central Africa region. In its report, the World Bank noted that Nigeria’s lower-than-average growth would impede

Emmanuel Ochayi

8 months ago

World Bank Report Reveals 34% of Nigeria’s Education, Health Expenditures Lost Due To Absenteeism

Business·Latest News·Markets

World Bank Urges Investors To Explore Developing Economies For Untapped Opportunities

The World Bank Group is pushing for a renewed focus on emerging markets, encouraging investors to delve into untapped opportunities with fresh eyes. In a recent announcement, the multilateral lender emphasized leveraging

Emmanuel Ochayi

9 months ago

Business·Latest News

Nigeria’s Inflation Expected To Drop To 15.1% In 2026, Says World Bank

The World Bank has projected Nigeria’s inflation to drop to 15.1% by 2026. In a report by the World Bank titled “African Pulse,” Nigeria’s economic outlook was examined, with a focus on

Emmanuel Ochayi

9 months ago

Fuel Subsidy: World Bank Must Allow Africa’s Poor Breathe

Africa·Business·Latest News·World News

World Bank: Trade Cost In Africa 5 Times Higher Than United States, Cites Insecurity, Poor Infrastructure, Others As Causes

The World Bank highlighted disparities in trade costs across African countries compared to the United States. According to the report, trade expenses in nations like Nigeria and Ethiopia are four to five

Emmanuel Ochayi

9 months ago

Business·Latest News

Why Borno, Adamawa, Kaduna, Others Risk Severe Food Crisis – World Bank

The specter of a severe food crisis looms over parts of Nigeria, with the World Bank shedding light on the underlying factors fueling this imminent threat. In its latest Food Security report,

Emmanuel Ochayi

11 months ago

IMF Sympathises With Victims Of Kenya Anti-tax Protest

Finance & Economy

Why IMF Downgraded Nigeria’s Economic Growth Forecast To 3% – Report

The International Monetary Fund (IMF) has adjusted Nigeria’s economic growth forecast for 2024, downgrading it to 3.0% from the previously predicted 3.1%. In its ‘World Economic Outlook Update, January 2024,’ released on

Emmanuel Ochayi

11 months ago

Why Tinubu Govt Is Against Borrowing To Fund 2024 Budget - Edun

Finance & Economy

Nigeria Seeks Fresh $1.5bn World Bank Aid To Tackle Forex Crisis

Nigeria is pursuing a $1.5 billion aid package from the World Bank to address the severe dollar shortage, contributing to the decline of the naira. Finance Minister Wale Edun, in an interview

Emmanuel Ochayi

11 months ago

Food Prices Remain High In Nigeria As Beans, Rice, Yam Take The Lead

Middle East Conflict May Deepen Food Crisis In Nigeria, Sub-Saharan Africa, World Bank Warns

World Bank's Global Economic Prospect report predicts a potential escalation of food insecurity across Nigeria and Sub-Saharan Africa due to heightened conflicts in the Middle East.

Emmanuel Ochayi

11 months ago

Business·Latest News

Global Trade To Surge By 2.3% In 2024 – World Bank

The World Bank’s Global Economic Prospects report signals a rebound in global trade, aiming for a 2.3% growth in 2024 after a lackluster 2023. The report cites a return to normal trade

Emmanuel Ochayi

12 months ago

Business·Finance & Economy·Latest News

World Bank Predicts Return Of Nigeria’s Per Capita Income To Pre-pandemic Level By 2025

The World Bank’s latest Global Economic Prospects report paints a hopeful picture for Nigeria’s economic resurgence, forecasting a return to pre-pandemic per capita income levels by 2025. Speaking on the country’s prospects,

Emmanuel Ochayi

12 months ago

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World Bank News - Page 2

Why Nigeria’s Poor Growth Will Weaken West Africa’s Economy– World Bank

World Bank Urges Investors To Explore Developing Economies For Untapped Opportunities

Nigeria’s Inflation Expected To Drop To 15.1% In 2026, Says World Bank

World Bank: Trade Cost In Africa 5 Times Higher Than United States, Cites Insecurity, Poor Infrastructure, Others As Causes

Why Borno, Adamawa, Kaduna, Others Risk Severe Food Crisis – World Bank

Why IMF Downgraded Nigeria’s Economic Growth Forecast To 3% – Report

Nigeria Seeks Fresh $1.5bn World Bank Aid To Tackle Forex Crisis

Middle East Conflict May Deepen Food Crisis In Nigeria, Sub-Saharan Africa, World Bank Warns

Global Trade To Surge By 2.3% In 2024 – World Bank

World Bank Predicts Return Of Nigeria’s Per Capita Income To Pre-pandemic Level By 2025

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