Tag: world bank

President Muhammadu Buhari had in May asked the National Assembly to approve the loan.

Sub-Saharan Africa and South Asia would suffer the most relative contraction of real GDP.

Experts say solar-based generating units can be built up far quicker than traditional power plants and has proven capability to ...

The currency limped back to gain at at the official market.

The mission expressed its concern with the resurgence of fuel subsidies.

The bank calls for a more predictable forex management system in Nigeria.

The lender says Nigeria’s economic growth is being hindered by food inflation, heightened insecurity, unemployment and stalled reforms.

Mrs Ahmed added that the approval was based on the need for funding to ensure that Nigeria is able to ...

The digital rights advocacy platform estimates the economic impact of an internet disruption, mobile data blackout or app restriction.

The credit will provide six million people with basic drinking water services and 1.4 million people access to improved sanitation ...

Some young Nigerians have developed an innovation to enhance coastal adaptation and resilience against climate change.

The currency fell at the official market.

The currency exchanged 410.25 for a dollar on the relatively flexible Nafex or Investors and Exporters window.

“The decline in flows to Sub-Saharan Africa was almost entirely due to a 28 per cent decline in remittance flows ...

In March, the NBS said one in three Nigerians able and willing to work had no jobs in the fourth quarter ...

The bank says an average Nigerian consumes four times less energy than their counterparts in a typical lower middle-income country.

The NNPC recently signed a contract for the rehabilitation of the Port Harcourt refinery with Maire Tecnimont of Italy at ...

''In general, the global outlook remains clouded by 'extremely high' uncertainty, with economic activity still tied closely to the pandemic, ...

“My going to prison is part of my life script and I am thankful God allowed it,” Orji Kalu says.

The government says World Bank's insistence that the gap between the spot and the parallel market rates be closed will ...

Mrs Okonjo-Iweala was confirmed DG of the trade body according to a statement by the WTO on Monday.

Are we not just as bound by prevailing economic conditions to provide unorthodox support for a return to domestic economic ...

The Kogi government says it will commit the loans from the World Bank and IFAD to rural roads and agriculture ...

The money will go to distribution companies.

Naira touched an intraday high of N390 against the greenback and oscillated to a low of N396 before settling for ...