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WORLD BANK
The FG has secured approval from World Bank to borrow $3 billion for the expansion of the power transmission and distribution.
Zainab Ahmed has disclosed that the Federal Government requested a fresh $3 billion loan from the World Bank to reform the power sector.
Zainab Ahmed, the Minister of Finance, Budget and National Planning, will be heading Nigeria's delegation to the 2019 annual meetings of the International Monetary Fund (IMF)
President Muhammadu Buhari has called for local data collection that is not dependent on foreign support.
The World Bank has tasked developing nations to explore the potentials buried in Global Value Chains (GVC) and be self-reliant.
World Bank International Debt Statistics for 2020 have revealed that total external debt of low- and middle-income countries has grown to $7.8tn in 2018.
The World Bank, through its Doing Business (DB) team, has said that Nigeria is among top-20 improvers in doing business.
The LCCI has reacted to World Bank’s plans on disbursing another fresh loan of $2.5 billion or N767.3 billion to Nigeria.
The International Monetary Fund (IMF) has selected a new managing director following the stepping down of Christine Lagarde.
The World Bank has reiterated its promise to support Nigeria in bridging infrastructure gap alongside the IFC.
President Mohammed Buhari has announced a new economic team that will offer him economic advice on a timely basis.
Focus on lifting people out of poverty - World Bank tells FG