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Internet Economy In Nigeria To Reach $180bn In 2025

Internet Economy In Nigeria To Reach $180bn In 2025         The Internet economy has the potential to contribute $180bn to the economy of Nigeria and other African countries by 2025, according to a new study by Google and International Finance Corporation. The findings of the study made...

Population Of Extremely Poor Persons In Nigeria Hits 102m — NECA

Population Of Extremely Poor Persons In Nigeria Hits 102m — NECA         There are indications that Nigeria’s poverty level may have further deteriorated as the latest reports of the Nigeria Employers Consultative Association, NECA, shows a 10 percentage point rise in the number of the extreme...

Nigeria’s Growth Excites World Bank

Nigeria’s Growth Excites World Bank The World Bank Group is excited with the growth of Nigeria and expressed satisfaction with the performance of the economy. The commendation was contained in a statement by the bank on Monday, after the conclusion of a visit to Nigeria by...

Nigeria Leads Africa in Implementing Sustainable-Finance Reforms- Report

Nigeria Leads Africa in Implementing Sustainable-Finance Reforms- Report Nigeria has introduced banking reforms to expand sustainable lending, becoming one of 34 emerging markets that are a major force in driving development and fighting climate change, according to the first comprehensive Global Progress Report of the...

World Bank to invest $57bn in Nigeria, Sub-Saharan Africa

In a statement released to Nigerian journalist by the Senior Communications Officer, World Bank Nigeria, Mrs Olufunke Olufon, on Monday in Abuja, Kim said the money would be raised by three subsidiaries of the group. The World Bank Group President, Mr Jim Kim said the...

IFC Official Faults Nigeria’s Economic Recovery Plan

An official of the International Finance Corporation (IFC), Ms. Essien Lore has faulted the Economic Recovery and Growth Plan, which the federal government formally unveiled penultimate week, describing it as ambitious and its timeframe as relatively short. However, Lagos State Governor, Mr. Akinwunmi Ambode has...