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WORLD BANK
WHO has warned Africa not to relax despite recording lower cases and mortality rates compared to other regions of the world.
Vice President Yemi Osinbajo disclosed recently that Nigeria will not be issuing Eurobonds.
The World Bank said that the pandemic has put a decade of hard-won economic progress at risk.
As many as N150 million will fall into extreme poverty, the World Bank has predicted.
The World Bank boss warned that the pandemic could trigger another debt crisis, hence, the need for debt cancellation.
The World Bank has announced plans to help developing countries acquire access to COVID-19 vaccines.
Forex reserves remain just above $35 despite the pressure on the exchange rate
The multilateral bank urged Nigeria's apex bank to ease the pressure on the country's FX market.
Is the World Bank loan to Nigeria for Nigeria or for Foreign Investors?
New World Bank report paints a grim picture of Nigeria
Nigeria's failure to meet World Bank conditions means the loans might not be disbursed till end of the year.
FG is expected to provide grants from the CoPREP to the 36 states and the FCT.