We've Spent $300m On Community Projects In Nigeria - World Bank
The World Bank says it has spent $300 million out of the $415 million earmarked to support Community and Social Development Projects (CSDP) across 30 states of the federation and the FCT.
Prof. Foluso Okunmadewa,...
World Bank Expects Global Growth At 3.1 Per Cent
...Warns of slow growth ahead, urges govts to prepare
The World Bank has assured that the global economy would return a growth of 3.1 per cent in 2018, despite recent softening and headwinds.But it also warned in...
IMF, World Bank Urged to fight IFFs
The International Monetary Fund (IMF) and the World Bank has been urged to do more in the fight against Illicit Financial Flows (IFFs) around the World, especially from Africa.
Tax Justice Network Africa, (TJNA) said that he two World...
World Bank Group’s Shareholders Approves $13b For Subsidiaries
A fresh hope of more development financing for middle and lower income countries, including Nigeria, has been raised, as the World Bank Group’s shareholders overwhelmingly approved a new Paid-in Capital of $13 billion for its subsidiaries- International...
Oil Prices to Average $65 a barrel in 2018 – World Bank
Oil prices are forecast to average $65 a barrel over 2018, up from an average of $53 a barrel in 2017, on strong demand from consumers and restraint by oil producers, while metals...
A Strong Foundation for Greater Impact
Despite expectations that growth will be robust in the near term, developing countries face challenges to keep up the pace of progress and ensure inclusive, sustainable growth amid structural changes to the global economy. The World Bank Group is...
