Kogi Government has signed two separate subsidiary loan agreements with the World Bank and IFAD.
The World Bank would be committing an additional $15billion by June 2021 as part of its COVID-19 intervention efforts.
The Bank expects to deploy up to $160 billion over 15 months through June 2021 to support countries’ responses to COVID-19.
Productivity-enhancing structural reforms key to quick economic recovery.
The Cross River State government has received from the World Bank, $20.4 million as grant for the SFTAS programme.
Nigeria's external reserves rose to the highest level since July 2020
The World Bank has revealed plans to invest over $5 billion over the next five years to improve agriculture productivity.
The World Bank's projection for Sub-Saharan Africa (SSA) is expected to grow by 2.7%, while the expected growth for Nigeria is set at 1.1% in 2021.
The President of World Bank, David Malpass, is deeply disappointed over the recent storming of the Capitol by Trump supporters.
Sub-Saharan Africa’s economies dipped by 3.7% in 2020 as a result of the COVID-19 pandemic and lockdown measures.