World Bank Pumps $700m To Nigeria’s Agro-Climatic Resilience Project
The World Bank has announced that it has approved $700 million from its International Development Association (IDA) for the Nigeria ...
Tag: World Bank
World Bank Nudges FG To Increase Tax on Alcohol, Cigarettes, Others
The World Bank has called on the Federal Government to impose special taxes on alcohol, cigarettes and sugar-sweetened beverages to ...
Nigeria Has Spent $4.5bn On Fuel Subsidy in 2021- World Bank
The World Bank has stated that Nigeria spends $4.5 billion on fuel subsidy, indicative of 2% of GDP or 35% ...
World Bank Frowns at Nigeria’s Foreign Exchange Policies
The World Bank has stated that the Central Bank of Nigeria’s exchange rate management policies continue to discourage investment and ...
World Bank Projects 5.6m More Nigerians Could Become Poor Before 2022
The World Bank has said that higher inflation could send about 5.6 million Nigerians into poverty. “Admittedly, higher inflation reduces ...
Lagos To Benefit From World Bank Agro Processing Project
The Presidency has stated that six states would benefit from the agro processing, productivity, enhancement and livelihood improvement support project ...
World Bank Says Nigeria Among Highest IDA Borrowers
The World Bank has stated that Nigeria is among the top 10 International Development Association borrowers. The bank had clarified ...
World Bank Ranks Nigeria Among Top Ten With Highest Debt Risk Exposure
The World Bank has stated that Nigeria is among a list of top 10 countries with high debt risk exposure. ...
Nigeria’s Revenue Inflow Lowest Globally, World Bank Alarms
Nigeria’s revenue-to-Gross Domestic Product ratio, which fell to between five and six per cent last year, is the lowest in ...
World Bank Refuses to Help El Salvador With Bitcoin Integration
The World Bank has refused to assist El Salvador with the integration of Bitcoin into its society stating concerns of ...
