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WORLD BANK
The World Bank has stated that CBN's low-interest loans undermine commercial banks that lend on a risk-adjusted pricing basis...
Since inflation has been at record highs in practically all countries since the beginning of 2022, the threat of stagflation has dominated discussions for some time.
The World Bank has lowered its global growth projection and warned that the economy might enter a period of stagflation similar to the 1970s.
The World Bank has highlighted factors that have made Nigeria’s poverty-reduction goals more challenging than ever.
The World Bank has warned that import restrictions and the CBN foreign exchange policies are the main drivers of food inflation in Nigeria.
The World Bank has stated that Nigeria and other developing countries are faced with sudden price increases for energy, fertilizer and food due to the Russia-Ukraine war.
The war against Ukraine and sanctions on Russia are hitting economies around the globe, says the World Bank.
The World Bank Group has urged that deep structural reforms guided by evidence are urgently needed to lift millions of Nigerians out of poverty.
The World Bank has spent up to $925 million to bolster Ukraine’s social services for vulnerable people. This...
At least two-thirds of Nigerian households with children have lost income or brought in less more since the outbreak of Covid-19.
The World Bank has approved a $723 million grant package for Ukraine, which would help the country's government budget.
The IMF and the World Bank have agreed to provide Ukraine with over $5 billion in response to the country's request for emergency financing.