Monday, April 29, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Tag "World Bank"

World Bank approves $723m emergency financing package for Ukraine

    World Bank approves $723m emergency financing package for Ukraine

The World Bank says it has approved a $723 million package of loans and grants for Ukraine as the country battles Russia’s invading forces. In a statement on Monday, the

0 comment Read Full Article

World Bank to provide $3bn aid package for Ukraine amid Russian invasion

    World Bank to provide $3bn aid package for Ukraine amid Russian invasion

The World Bank says it is preparing a $3 billion aid package for Ukraine in the face of Russia’s invasion. The bank said the funding would start with a fast-disbursing

0 comment Read Full Article

Climate change: World Bank approves $700m loan for landscape project in Nigeria

    Climate change: World Bank approves $700m loan for landscape project in Nigeria

The World Bank has approved a $700 million credit facility to improve Nigeria’s landscape to withstand adverse climatic impacts. A statement issued in Washington noted that the fund was launched

0 comment Read Full Article

World Bank to FG: Impose special tax on sugary drinks, cigarettes to improve primary healthcare

    World Bank to FG: Impose special tax on sugary drinks, cigarettes to improve primary healthcare

The World Bank has reiterated calls on the federal government to impose special taxes on alcohol, cigarettes and sugar-sweetened beverages to improve the country’s primary healthcare system. According to NAN, Shubham

0 comment Read Full Article

Kogi: World Bank commended us for transparency in audited financial statement

  Kogi: World Bank commended us for transparency in audited financial statement

The Kogi state government says its 2020 audited financial statement has been commended by the World Bank. In a statement

0 comment Read Full Article

World Bank: Nigeria’s fiscal position is vulnerable to global headwinds

  World Bank: Nigeria’s fiscal position is vulnerable to global headwinds

The World Bank says Nigeria’s fiscal position is fragile and vulnerable to global headwinds. The bank disclosed this in the

0 comment Read Full Article

World Bank: Nigerians in diaspora spent $2.9bn to send $34bn in one year

  World Bank: Nigerians in diaspora spent $2.9bn to send $34bn in one year

Sub-Saharan Africa remains the costliest to send remittances as Nigerians in diaspora spent $2.94 billion to send $34.8 billion between

0 comment Read Full Article

El-Rufai: Cameroon shut down refinery because of cheap fuel from Nigeria

  El-Rufai: Cameroon shut down refinery because of cheap fuel from Nigeria

Nasir el-Rufai, governor of Kaduna, says Cameroon has closed down its refinery due to the cheap fuel they are getting

0 comment Read Full Article

Kill subsidy, cut CBN loans, raise ‘sin’ taxes… 7 things World Bank wants Buhari to do in 2022

  Kill subsidy, cut CBN loans, raise ‘sin’ taxes… 7 things World Bank wants Buhari to do in 2022

The World Bank on Tuesday released its November 2021 Nigeria Development Update, which showed — among other things — that

6 comments Read Full Article

Zainab Ahmed: FG will replace fuel subsidy with N5,000 transport grant for 40m Nigerians

  Zainab Ahmed: FG will replace fuel subsidy with N5,000 transport grant for 40m Nigerians

Zainab Ahmed, minister of finance, budget and national planning, says Nigeria will remove fuel subsidies by 2022 and replace them

2 comments Read Full Article
error: Content is protected from copying.