World Bank News – Page 8 of 9 – Prime Business Africa

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

World Bank Reveals Factors Responsible For Food Inflation In Nigeria

The World Bank’s report has claimed that import restrictions and non-flexible exchange rate management of the Central Bank of Nigeria are the major driving forces for food inflation in Nigeria. This was

PBA Reporter

3 years ago

Business

World Bank Says 60% Of Low-Income Countries In Debt Distress

David Malpass, World Bank Group president, has explained that 60 per cent of low-income countries are in debt distress or at high risk of it. Malpass noted that low-income economies are countries

PBA Reporter

3 years ago

Business

Fuel Subsidy Puts Nigeria’s Economy At High Risk – World Bank

The World Bank has disclosed that increasing fuel subsidy puts the Nigerian economy at a high risk as subsidy payments could significantly impact public finance and pose debt sustainability concerns. The Washington-based

PBA Reporter

3 years ago

Business

World Bank Economist Warns Countries Against Excessive Borrowing

A top World Bank official has warned that the delays in dealing with the growing debt burden in poor countries seems unlikely to be resolved by the G20. The World Bank chief

PBA Reporter

3 years ago

Business

World Bank Projects 2.5% Economic Growth For Nigeria In 2022

The World Bank has foreseen a 2.5 per cent economic growth for Nigeria in 2022, and 2.8 per cent in 2023. Prime Business Africa observed that the 2022 forecast is a slight

PBA Reporter

3 years ago

Business

Nigeria’s Debt Vulnerable, Costly – World Bank Alerts

The World Bank has disclosed that Nigeria’s debt, which may be considered sustainable for now, is vulnerable and costly. According to the Washington-based global financial institution, the country’s debt is also

PBA Reporter

3 years ago

Business

Global Community Steps Up With $93 Billion Support Package To Boost Poorest Countries

The World Bank has announced a 93 billion dollars replenishment package of the International Development Association (IDA) to help low-income countries respond to the COVID-19 crisis and build a greener, more resilient and

PBA Reporter

3 years ago

Business

World Bank Rolls Out N329.53bn Cash Transfer Programme In Nigeria

The World Bank is rolling out an $800m (N329.53bn at official exchange rate) facility designed to fund a large-scale Conditional Cash Transfer programme in Nigeria. The Nigeria Governors’ Forum disclosed this in

PBA Reporter

3 years ago

Africa To Receive Over 70% IDA $93bn COVID-19 Recovery Support Package

IN an effort to help low-income countries survive post-COVID-19 crisis, the World Bank has announced a $93 billion dollars offered by the International Development Association (IDA) as relief package as they struggle

Victor Ezeja

3 years ago

Finance & Economy

World Bank Says Nigeria’s Exchange Rate Policy Discourages Investors

The World Bank has said that the Nigerian government’s exchange rate management policies are discouraging investments and fuelling inflation in the country That was contained in the November edition of Bank’s Nigeria

PBA Reporter

3 years ago

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World Bank News - Page 8

World Bank Reveals Factors Responsible For Food Inflation In Nigeria

World Bank Says 60% Of Low-Income Countries In Debt Distress

Fuel Subsidy Puts Nigeria’s Economy At High Risk – World Bank

World Bank Economist Warns Countries Against Excessive Borrowing

World Bank Projects 2.5% Economic Growth For Nigeria In 2022

Nigeria’s Debt Vulnerable, Costly – World Bank Alerts

Global Community Steps Up With $93 Billion Support Package To Boost Poorest Countries

World Bank Rolls Out N329.53bn Cash Transfer Programme In Nigeria

Africa To Receive Over 70% IDA $93bn COVID-19 Recovery Support Package

World Bank Says Nigeria’s Exchange Rate Policy Discourages Investors

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