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WORLD BANK
The World Bank has disclosed that the growth of Nigeria’s agricultural sector is being dragged down by the attacks perpetrated by Boko Haram and herdsmen.
The Nigerian economy is expected to be challenged with uncertainties in the year 2020 and possibly beyond, SB Morgen Research disclosed.
The World Bank has said the protectionism ambition of the United Kingdom, the United States and China poses a threat to Nigeria’s economy.
The Central Bank of Nigeria (CBN) has been warned by the World Bank to seize supporting undercapitalised banks in the country.
FG has defended the new external debt borrowing of $22.7 billion from the World Bank and other international financial organizations.
The World Bank has warned that Nigeria may fall back into recession, highlighting conditions that may drag the nation’s economy into it.
The Nigerian Senate, on Thursday, December 5th, 2019, passed the 2020 National Budget of N10.59 trillion.
Nigeria’s public debt stock rose to N25.7 trillion in June 2019 and the payment for servicing the debt continues to be a major source of concern.
The number of Nigerians living in extreme poverty might increase by more than 30 million in 2030, the World Bank has warned.
World Bank has ranked Nigeria as one of the top 10 economies that improved the most on the ease of doing business.
Carbon, one of Nigeria’s foremost digital financial services company, has launched a digital financial services platform, Carbon for Business.
At the recently concluded IMF/World Bank meeting in Washington DC, IMF trimmed its growth forecast for the global economy to 3.0%