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...
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...
