World Bank Yet To Consider FG’s $2.25bn Loan Request – Wale Edun
The World Bank is yet to consider the approval of the federal government’s $2.25 billion loan application, which the government said would provide crucial support to Nigeria’s economic recovery efforts amidst ongoing fiscal...
How Naira Emerged World Best Performing Currency - Cardoso
The Central Bank of Nigeria (CBN) governor, Olayemi Cardoso, has explained why Naira made a remarkable rebound and emerged the world’s top-performing currency in April 2024.
Cardoso made this remark in a press briefing on the sidelines...
$30bn Required as Financial Institutes Partner to Provide 300m Africans Electricity
The World Bank and African Development Bank (AfDB) have struck a partnership arrangement to boost access to electricity in Africa.
The partnership, according to the lenders, would provide at least 300 million people in Africa...
Rising Inflation Sends 10m Nigerians into Poverty – World Bank
The World Bank in its Macro Poverty Outlook for Nigeria: April 2024 has stated that rising inflation and weak earnings have pushed 10 million Nigerians into poverty in 2023.
Presenting a grim reality where earnings have...
Nigeria Issues N8trn in Treasury Bills to Stabilise Economy – Finance Minister
The Minister of Finance and Coordinating Minister of Economy, Wale Edun, on Thursday said the fiscal authority is complementing the efforts of the Central Bank towards ensuring the stability of the economy through...
