Businesses lose $29 billion yearly to poor electricity, says World Bank
Country controls 10% of individuals without access to power The World Bank has stated that businesses in Nigeria suffer an annual loss of $29 billion
Tag : World Bank
World Bank, FG move to end fuel subsidy
The Federal Government and the World Bank have discussed further reforms to eliminate fuel and electricity subsidies in the country. The Nigerian government had in
Nigeria’s, others’ debts being reconciled with creditors, says World Bank
Full reconciliation of Nigeria’s external debts and those of other debtor-nations with their creditors, has started, it was learnt on Wednesday. World Bank Group President
IMF, World Bank may push for debt service suspension to end 2021
There are strong indications that the World Bank Group and the International Monetary Fund (IMF) would recommend to the G20, an extension of the Debt
Nigeria exited recession faster than expected – World Bank
The World Bank has said Nigeria moved out of last year’s recession faster than expected. Nigeria slipped into recession in the second quarter of 2020
Growth in Sub-Saharan Africa to rise to 3.4% in 2021- World Bank
The World Bank says economic growth in Sub-Saharan Africa is expected to rise between 2.3 per cent and 3.4 per cent in 2021. It said
World Bank approves $1.5bn COVID-19 recovery, stimulus for Nigeria
The World Bank Group has approved a 1.5 billion dollars package to help build a resilient recovery post-COVID-19 in Nigeria. This is according to a
Nigeria’s economy at critical juncture — World Bank
…Recession won’t last long — FG …Adopt Chinese model to restore economic growth — NESG The World Bank said yesterday that Nigeria was at a
World Bank Sees Lower Crude Oil Demand Beyond 2021
The World Bank has said that oil prices will average $44 per barrel in 2021, up from an estimated $41 per barrel in 2020. The
Debt burden of least developed countries hit $744 bn in 2019- World Bank
The World Bank says the total external debt of Debt Service Suspension Initiative (DSSI)-eligible countries climbed to 744 billion dollars in 2019, an increase of
