World Bank Okays $2.2bn For Projects In Nigeria   The World Bank on Tuesday approved six projects worth about $2.2bn for implementation in Nigeria in the 2020 fiscal year. The management of the bank had met to deliberate on a request from the Federal Government. A statement issued...

W/Bank Meets Over Fresh Loan For Nigeria   There are indications that the Executive Board of the World Bank will today (Tuesday) meet over a new loan sought by Nigeria. Details of the loan were still sketchy on Monday evening but it was gathered that the sum...

AfDB Faults W/Bank On Nigeria, Africa’s Debt Profiles   The African Development Bank has said that the upward debt trend of some African countries did not portend systemic risk of debt distress, as stated by the World Bank. It also said that the general statement by the...

Nigeria Will Get First Tranche Of $3bn Loan Soon – World Bank   The World Bank has confirmed that discussions on its first tranche of the $3bn loan request to Nigeria have reached advanced stage and projected that the sum would be approved and given to...

IMF, World Bank Differ On Nigeria’s Growth Forecast   Contrary to the 2.1 per cent growth projected by the World Bank in the Nigerian economy, the International Monetary Fund (IMF) on Monday projected 2.5 per cent growth for it. The IMF projection, as contained in its January...

World Bank Puts Nigeria’s Growth At 2.1% In 2020   The World Bank Group, yesterday, raised Nigeria’s growth expectations in 2020 to 2.1 per cent, describing it as an “edge up”, a development that confirms the country’s continued stay in sluggish economic path for another calendar...