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Tag "World Bank"

Petrol subsidy: Uzodimma counters World Bank, says Nigeria trusts CBN for sound economic policies

    Petrol subsidy: Uzodimma counters World Bank, says Nigeria trusts CBN for sound economic policies

Hope Uzodimma, governor of Imo, says the country will continue to rely on the Central Bank of Nigeria (CBN) to secure the country’s economy. Uzodimma said this on Friday while

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With $13bn debt, Nigeria ranks fourth on IDA debtors’ list

    With $13bn debt, Nigeria ranks fourth on IDA debtors’ list

Nigeria has moved one spot up in the latest top 10 International Development Association (IDA) borrowers’ list. IDA, part of the World Bank, helps the world’s poorest countries. According to

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World Bank: Petrol subsidy poses existential threat to Nigeria — it should be removed

    World Bank: Petrol subsidy poses existential threat to Nigeria — it should be removed

The World Bank says the current petrol subsidy regime poses an “existential threat” to Nigeria. According to PUNCH, Rajul Awasthi, senior public sector specialist, domestic resource mobilisation, World Bank, said

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Climate Facts: Nigeria produces ‘highest’ plastic waste in Africa

    Climate Facts: Nigeria produces ‘highest’ plastic waste in Africa

The complexities of climate change and its associated jargon can make it difficult to digest. TheCable’s climate quick facts will help to demystify these climate concepts through easy-to-understand and straight-to-the-point

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World Bank: Nigeria, India among countries with high unbanked population

  World Bank: Nigeria, India among countries with high unbanked population

The World Bank says Nigeria, India are among the developing countries contributing to the global unbanked population. The Bretton Woods

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Pipeline vandalism: Buhari asks western allies to designate IPOB as terrorist group

  Pipeline vandalism: Buhari asks western allies to designate IPOB as terrorist group

President Muhammadu Buhari has called on western allies to designate the Indigenous People of Biafra (IPOB) as a terrorist group

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Petrol subsidy: FG struggling to meet debt service obligations, says Zainab Ahmed

  Petrol subsidy: FG struggling to meet debt service obligations, says Zainab Ahmed

Zainab Ahmed, minister of finance, budget and national planning, says petrol subsidy is “hurting the nation” and limiting the federal

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World Bank: Inflation to push additional 1m Nigerians into poverty by end of 2022

  World Bank: Inflation to push additional 1m Nigerians into poverty by end of 2022

The World Bank says inflation is likely to push an additional one million Nigerians into poverty by the end of

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World Bank: With right policies, Nigeria can leverage trade for poverty reduction

  World Bank: With right policies, Nigeria can leverage trade for poverty reduction

The World Bank says the Russia-Ukraine war, COVID-19 pandemic, and rising inflation pose challenges to Nigeria’s poverty reduction goals. Jonathan

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World Bank earmarks $30bn to address global food crisis

  World Bank earmarks $30bn to address global food crisis

The World Bank says it will make $30 billion available for implementation to address food insecurity over the next 15

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