The World Bank says it will invest $150 billion over a period of five years to boost development in Africa. David Malpass, group president of the World Bank, announced this
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The World Bank says projects with foreign sponsors, especially from China, have played an important role in developing sizable infrastructure projects in Nigeria. This is contained in the bank’s ‘Private
The World Bank says Nigeria is responsible for over 40 percent of diaspora remittances in Sub Saharan Africa (SSA). In a statement on Wednesday, the Washington-based financial institution said remittances
The National Bureau of Statistics (NBS) has denied a claim by Chris Ngige, minister of labour and employment, that the World Bank has questioned the methodology employed to generate Nigeria’s employment
The World Bank says Nigeria alongside Russia, Iraq, Iran, United States, Algeria and Venezuela are the top gas flaring countries
The federal government has questioned the accuracy of a World Bank report which indicated that 78 percent of power consumers
The World Bank says businesses in the country suffer an annual loss of $29 billion as a result of “unreliable”
David Malpass, World Bank president, says G-20 countries may extend debt service suspension till December. He said a decision will
The World Bank says Nigeria made an early exit out of recession than projected in its October 2020 forecast for
The World Bank says economic growth in Sub-Saharan Africa (SSA) is expected to rise between 2.3 percent and 3.4 percent
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