Wale Edun, minister of finance and coordinating minister of the economy, says there is liquidity in the Nigerian banking sector to reduce the foreign exchange (FX) backlog. Edun spoke on
Tag "World Bank"
Here are the seven top business stories you need to track this week — January 15 to January 19. DANGOTE REFINERY BEGINS OPERATIONS On Friday, January 12, 2024, the Dangote
The World Bank says Nigeria’s inflation should ease in 2024 as the effects of last year’s foreign exchange (FX) market and petrol subsidy reforms continue to wane. The Bretton Woods
World Bank says developing countries spent a record $443.5 billion to service their external public and publicly guaranteed debts in 2022. According to the bank’s 2023 International Debt Report, released
The World Bank says poverty rate in Nigeria has increased to 46 percent in 2023, representing 104 million poor Nigerians.
The World Bank says Nigeria’s petrol should be priced at N750 per litre at the pumps. Alex Sienaert, the bank’s
The federal government says the World Bank is exploring collaboration opportunities with the country to unlock financing and technical support
Eni, an Italian oil company, has temporarily suspended arbitration in the oil prospecting licence (OPL) 245 dispute with the Nigerian
Shubham Chaudhuri, World Bank country director for Nigeria, says the bank has committed over $11 billion in the past three
The federal executive council (FEC) has approved the sum of $3.45 billion in loans for the execution of five projects.
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