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...
Nigeria Needs 30 Million New Jobs By 2030 - W/Bank
Thirty million new jobs are needed in Nigeria by 2030 to maintain the current employment rate, the World Bank has said.
It said the projection was based on the country’s current population growth trend and its...
FG, W/Bank Supporting Social Programmes With $1.8bn, Minister Says
The Federal Government and the World Bank are supporting social safety programmes in Nigeria with about $1.8bn, the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, has said.
Farouq said this in Abuja during...
World Bank To FG: Reform Now To Avoid Extreme Poverty
The World Bank has said the number of Nigerians living in extreme poverty may increase by more than 30 million by 2030 and the country will be home to 25 per cent of the world’s...
