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World Bank, IMF Predict Sluggish Growth for Nigeria

The World Bank and International Monetary Fund (IMF) have forecasted sluggish growth for the nation’s economy in 2020. In its January 2020 Global Economic Prospects...

Global Growth: Modest Pickup to 2.5% in 2020 amid Mounting Debt,...

Global economic growth is forecast to edge up to 2.5per cent in 2020 as investment and trade gradually recover from last year’s significant weakness...

World Bank Approves Micro Projects For Communities In Ogun

World Bank has approved 26 micro-projects for immediate implementation, for 13 communities in six Local Government Areas of Ogun State to provide quality social...

World Bank Reduces Nigeria’s Growth Forecast 2% For 2019  

World Bank on Wednesday revised Nigeria’s economic growth for 2019 from 2.1per cent to 2.0 per cent. A report by Reuters said that the revision...

Debt stocks of developing countries rose to $7.8trn in 2018- World...

The World Bank’s International debt Statistics 2020 has revealed that total external debt of low- and middle-income countries climbed 5.3 per cent to $7.8...

Nigeria Named One Of World Bank’s Top-20 Improvers In DB For...

The World Bank has named Nigeria as one of the top-20 improvers in Doing Business (DB) out of 190 countries. The World Bank’s DB report...

 FG Seeks $2.5bn Loan From World Bank

The federal government has approached the World Bank for a loan of $2.5billion. World Bank’s Vice President for Africa, Hafez Ghanem, disclosed that they were...

Worsening Water Quality Reducing Economic Growth by a Third in Some...

The world faces an invisible crisis of water quality that is eliminating one-third of potential economic growth in heavily polluted areas and threatening human...

World Bank to Partner Ogun State on Socio-economic Development

By Kolawole Olayinka, Abeokuta The World Bank has promised to assist the Ogun State Government in the areas of good governance and socio-economic development. This...

World Bank loans in Nigeria rise by $2.19bn in 3years

The World Bank loan portfolio in Nigeria increased by $2.19billion in the last three years, investigation has shown. Data obtained from the Debt Management Office...
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