World Bank and Nigeria Archives

Implications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months

CBN pays $4.45 billion external debt to World Bank, others in 2-month

Latest data obtained from the CBN reveals that Nigeria paid a whopping sum of $4.45 billion as external debt service/payment in the first two months of...

Economy: IMF & World Bank differ on Nigeria’s growth outlook, Amid coronavirus spread, World Bank to step down global growth forecast , Nigeria to receive first tranche of World Bank’s $3 billion loan soon, World Bank commits $12 billion to curb coronavirus, defend developing countries’ economy

Business News5 months ago

World Bank commits $12 billion to curb coronavirus, defend developing nations’ economy

Developing countries struggling with the spread of Coronavirus will receive financial support from the World Bank to battle the virus.

Palm Oil: Industry potentials remains untapped

Columnists6 months ago

Palm Oil: Industry potentials remain untapped

Based on the December 2019 World Bank price index for crude palm oil at US$769.93, Nigeria lost N90.1 billion to importation of what it could produce...

World Bank, Mineral,World Bank approves $2.2 billion loan as the country’s debt rises to over $80 billion

Business News1 year ago

World Bank revises projection for Nigerian economy, puts growth at 2.1%

The World Bank in its latest report has downgraded Nigeria's growth prediction for 2019 to 2.1% as against the earlier growth forecast of 2.2%. The disclosure...

Nigeria, others raise over $17bn from bonds, says World Bank

Business1 year ago

Over $17bn raised from bonds by Nigeria and other African countries – World bank

The World Bank has reported that Nigeria, Kenya, Côte d’Ivoire, and other sub-Saharan African countries raised over $17 billion from bond issuances in 2018.