World Bank News – Page 7 of 9 – Prime Business Africa

Again! World Bank Invests Big In West Africa Food Security

World Bank has launched the second phase of the West Africa regional Food Systems Resilience Program (FSRP-2) with US$315 million financial backing from its International Development Association (IDA). FSRP-2 targeting an

Queen Nwabueze

3 years ago

Creditors Ignore Nigerian Gov’t’s Loan Request After Buhari Seek Debt Cancellation

Business

Nigeria Loses $6.92 billion In Capital Importation, Ahead World Bank Projection

In the first quarters between 2019 and 2022, Nigeria’s capital importation has dropped by $6.92 billion, with companies attracting less foreign equipment and capital inflow into the country. According to the Nigerian

Fakoyejo Olalekan

3 years ago

Business·Oil & Gas

Pres. Buhari Told To Remove Fuel Subsidy After Rejecting IMF, World Bank Advice

Nigeria’s Extractive Industries and Transparency Initiative (NEITI) has expressed its disagreement with President Muhammadu Buhari’s statement over the removal of fuel subsidy, which has suspended for 18 months in January. On Tuesday,

Fakoyejo Olalekan

3 years ago

Africa·Latest News

Food Shortages: World Bank To Disburse $2.3 Billion To Africa

Only eleven countries in both Southern and East Africa shall benefit from the $2.3 billion financing package under the World Bank’s Food Systems Resilience Programme. With the funds billed to be disbursed

Queen Nwabueze

3 years ago

Business·Currency

Official Exchange Rate Set To Rise Significantly, As World Bank Demands CBN Adjust Forex Rate

The World has requested an adjustment in the exchange rate of the Investors & Exporters (I&E) window in Nigeria, stating that the rise in oil price has presented the Central Bank of

Fakoyejo Olalekan

3 years ago

Business

World Bank Criticises CBN Policies, Says Nigeria Sitting On Time Bomb

The Central Bank of Nigeria (CBN) policies have been criticised by the World Bank, saying it worsens the business environment in the country. The global financial body hinted that the financial regulator

Fakoyejo Olalekan

3 years ago

Africa·Latest News

Kenya: Key Takeaways From World Bank’s Latest Economic Updates

Food insecurity continues to affect one-third of households in Kenya, the latest news from the World Bank says. Dubbed Kenya Economic Update, the latest World Bank economic analysis highlights the success of

Queen Nwabueze

3 years ago

Nigerian Gov’t Spends N96 Out Of Every N100 To Pay Debt - World Bank Says, Reveals Impact

Business

Nigeria’s Diasporan Remittances To Increase Over Rising Food Prices – World Bank

Nigeria’s Diaspora remittance inflow, according to the World Bank, will increase to $29bn in 2022 because of higher food prices and the continued adoption of official bank channels. The lobal bank explained

PBA Reporter

3 years ago

World Bank Disburses N1.3bn COVID-19 Intervention Fund To Niger

Nigeria's Government in collaboration with World Bank has released N1.3 billion to Niger Sate to cushion the negative impact of COVID-19 pandemic.

Bala Yahaya, Minna

3 years ago

Business·Top Stories

World Bank Earmarks $170bn Lifeline For Nigeria, Others

World Bank has started working on a crisis response of around $170bn in financing capacity to address the wide-ranging needs of Nigeria and other crisis-ridden countries between April 2022 and June 2023.

PBA Reporter

3 years ago

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World Bank News - Page 7

Again! World Bank Invests Big In West Africa Food Security

Nigeria Loses $6.92 billion In Capital Importation, Ahead World Bank Projection

Pres. Buhari Told To Remove Fuel Subsidy After Rejecting IMF, World Bank Advice

Food Shortages: World Bank To Disburse $2.3 Billion To Africa

Official Exchange Rate Set To Rise Significantly, As World Bank Demands CBN Adjust Forex Rate

World Bank Criticises CBN Policies, Says Nigeria Sitting On Time Bomb

Kenya: Key Takeaways From World Bank’s Latest Economic Updates

Nigeria’s Diasporan Remittances To Increase Over Rising Food Prices – World Bank

World Bank Disburses N1.3bn COVID-19 Intervention Fund To Niger

World Bank Earmarks $170bn Lifeline For Nigeria, Others

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