World Bank backs FG on petrol subsidy removal
…says economy to shrink by 4.1% this year The World Bank said on Thursday that the removal of petrol subsidy in Nigeria was an important
Tag : World Bank
World Bank clears 35 states in Nigeria for US$1.5bn COVID-19 stimulus package
The World Bank has cleared 35 states for the US$1.5billion stimulus package for Nigeria’s states to cushion the economic effects of the COVID-19 pandemic. The
Tax relief: Fed Govt, World Bank plan $2.5m grant for each state
Some states that began implementation of a tax relief for individual taxpayers and businesses by September 31 are to be compensated. Such states will partake
COVID-19: African economies may lose $79bn in 2020, says World Bank
Following the ravaging effect of the coronavirus pandemic, economies in sub-saharan Africa stand the risk of losing between $37 billion and $79 billion in 2020.
World Bank, Discos Meet Today over Forensic Audit
Investors in the power distribution companies will today make a presentation in a meeting with the World Bank over the controversial forensic audit of Discos’
Nigeria Needs To Deepen Reforms To Boost Growth, Revenues – World Bank
Nigeria needs to deepen economic reforms and boost government revenues in order to have a sustained recovery after a coronavirus-induced oil price shock that slashed
Nigeria faces worst recession in 40 years, says World Bank
…Prediction not sacrosanct ..Expert As the COVID-19 pestilence batters the global economy, the World Bank Group on Thursday said that the scourge would throw Nigeria
Nigeria loses $28bn annually to power shortages — World Bank
Approves $750m loan for electricity in Nigeria As Transcorp, Geregu GENCOs outperform target The World Bank has approved $750 million credit support for Nigeria’s power
COVID-19: World Bank warns Nigeria’s economy may go into severe recession
Says 5m Nigerians going into poverty The World Bank says collapse in oil prices coupled with the COVID-19 pandemic may plunge the Nigerian economy into
World Bank okays $750m for Nigeria’s power sector
The World Bank has approved a $750m International Development Association credit for Nigeria’s Power Sector Recovery Operation. This was contained in a statement issued by
