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Tag "World Bank"

Ease of doing business: IMF chief denies altering World Bank report to appease China

    Ease of doing business: IMF chief denies altering World Bank report to appease China

Kristalina Georgieva, managing director of the International Monetary Fund (IMF) has denied influencing a report in China’s favour when she worked at the World Bank. Georgieva served as chief executive

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World Bank halts payment for projects in Afghanistan — 10 days after Taliban takeover

    World Bank halts payment for projects in Afghanistan — 10 days after Taliban takeover

The World Bank says it has paused disbursements and funding for projects in Afghanistan in the wake of the Taliban takeover. On August 15, Taliban fighters invaded Kabul, and took over

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World Bank: Nigeria among developing countries with high debt risk exposure

    World Bank: Nigeria among developing countries with high debt risk exposure

The World Bank says Nigeria is ranked fifth single borrowing country with the highest debt risk exposure across the globe. This is contained in the fiscal year 2021 (FY21) financial

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Water projects: Ekiti, Kaduna to benefit from $700m World Bank loan

    Water projects: Ekiti, Kaduna to benefit from $700m World Bank loan

The federal government says seven states will benefit from the first tier of the $700 million World Bank loan for specific water projects. The states are Bauchi, Delta, Ekiti, Imo,

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Nigeria’s revenue to GDP ratio lowest in the world, says World Bank

  Nigeria’s revenue to GDP ratio lowest in the world, says World Bank

The World Bank says Nigeria’s revenue to gross domestic product (GDP) ratio is the lowest in the world. Shubham Chaudhuri,

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COVID19: World Bank partners COVAX on vaccine access for developing countries

  COVID19: World Bank partners COVAX on vaccine access for developing countries

The World Bank has partnered with COVAX to accelerate COVID vaccine supply for developing countries through a new financing mechanism

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World Bank: Nigeria’s unemployment rate rose five-fold in 10 years

  World Bank: Nigeria’s unemployment rate rose five-fold in 10 years

The World Bank says the unemployment rate in Nigeria rose five-fold in the last 10 years. From 6.4 percent in

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World Bank, IMF to hold 2021 annual meetings in ‘hybrid format’

  World Bank, IMF to hold 2021 annual meetings in ‘hybrid format’

The World Bank and International Monetary Fund (IMF) 2021 annual meetings will be held in a hybrid format from October

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Ecosystem collapse: Nigeria’s economy may decline by $139bn in 2030, says World Bank

  Ecosystem collapse: Nigeria’s economy may decline by $139bn in 2030, says World Bank

The World Bank says Nigeria’s gross domestic product (GDP) may decline by $139 billion in 2030 on the back of

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Nigeria missing as World Bank approves $4bn for COVID vaccine rollouts in 51 countries

  Nigeria missing as World Bank approves $4bn for COVID vaccine rollouts in 51 countries

The World Bank has approved over $4 billion for the purchase and deployment of COVID-19 vaccines for 51 developing countries

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