Nigeria’s international debt jumps to $31.98bn
The Debt Management Office (DMO) says Nigeria took loans worth $31.98 billion from World Bank Group, International Monetary Fund (IMF), African Development Bank (AfDB) Group and others as of September 2020. This is contained in the September 30, 2020, debt…
Nigerian economy to weaken W’Africa’s growth speed of 6.4% in 2020 unless…
Unless there are strong improvements in infrastructure and power in particular, projected less than 2.6 per cent growth rate of the Nigerian economy would frustrate estimated growth in the West African Economic and Monetary Union, which is projected to steady…
World Bank chiefs in Nigeria, may assess geo-political spread of projects in 3 years
For the first time in Nigeria, the World Bank top executives numbering 10 are in Nigeria for a working visit to discuss ongoing World Bank projects and the country’s development priorities. Even though efforts of Business Hilights to find out…
W’Bank leaks Buhari’s secret, seeks investment in human dev
Fresh revelation on why massive developments have been tailored to the northern part of Nigeria was on Thursday, made by the President of the World Bank Group, Jim Yong Kim. He revealed that President Muhammadu Buhari, during his first meeting…
W/Bank ready to assist States to strengthen fiscal sustainability plan
As part of its contributions in aid of states coming out of recession and fiscal imbalance, the World Bank Group has offered to assist state governments in Nigeria to improve their fiscal sustainability by strengthening and consolidating the Fiscal Sustainability…
