Nigeria To Borrow $6.9bn From IMF, World Bank, AfDB   The Federal Government is to raise the sum of $6.9bn through external borrowing from the World Bank, the International Monetary Fund and the African Development Bank. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed,...

Nigeria, Others Seek Debt Relief From World Bank     The ministers of finance from African countries have called for debt relief from bilateral, multilateral and commercial partners to cushion the negative impact of the coronavirus pandemic on the economies of countries within the region. They said the...

W/Bank Plans $150bn Economic Recovery Scheme After Pandemic   The World Bank Group has expressed its readiness to deploy about $150bn over the next 15 months to stimulate economic recovery of countries affected by the coronavirus pandemic. The coronavirus pandemic has led to unprecedented disruptions to global...

IMF, W/Bank Call For Suspension Of Debt Payments By Poorest Nations   The International Monetary Fund and World Bank on Wednesday called for governments to put a hold on debt payments from the world’s poorest nations so they can battle the coronavirus pandemic. “The World Bank Group...

33 States Benefit From W/Bank's $750m Fiscal Programme   The World Bank has said that about 33 states of the federation are currently benefiting from its $750m States Fiscal Transparency, Accountability and Sustainability Programme. The World Bank Country Director, Shubham Chaudhur, said this on Tuesday in Abuja...

NEPZA Partners W/bank, IFC To Develop Trade Zones   The Nigeria Export Processing Zones Authority said it had entered into partnership with the World Bank and the International Financial Corporation to develop infrastructure in the Free Trade Zones across the country. The move, according to NEPZA will...