Tag
WORLD BANK
The World Bank has recently disclosed its projections for Nigeria's economic growth, estimating it at 2.8% in 2023 with a slight revision since January and a marginal increase to 3.0% in 2024.
The World Bank has said that developing countries need well-designed electricity markets for electric vehicle services.
Nigeria and five other countries are prime candidates for the implementation of carbon taxes, according to the World Bank.
There has been a 41% increase in the number of registered agents for mobile money payments in Nigeria according to a new report.
He added that the bank has taken a couple of initiatives to ensure countries adopt the single exchange market system and further explained the approaches.
The IMF youth fellows will participate in live workshops led by IMF management, senior IMF staff, and external experts as part of the program
SERAP says the Federal Government has no justification for requesting $800 million loan meant for conditional cash transfers following fuel subsidy removal.
Asset portfolio diversification is an important step toward sustained growth and is more feasible for resource-rich countries to achieve than traditional export diversification
The debt service to revenue ratio is a measure of how much of a country's revenue is used to pay interest and principal on debt.
Foreign exchange repatriation into Nigeria increased by 40% due to the implementation of the RT200 FX programme.
President Muhammadu Buhari has written a letter to the Senate seeking its approval for the $800 million World Bank loan which is meant to help cushion the effect of petrol subsidy removal on poor and vulnerable Nigerians.
The World Bank says that oil-abundant countries have experienced the most downswing in investments across sub-Saharan Africa.