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Nigerian-economy

Nigeria’s economy to grow by 2.1% in 2020 – World Bank

  The World Bank has predicted that Nigeria’s economy will grow by 2.1 percent in 2020, adding that growth in the West African Economic and Monetary Union is...

World Bank permits $1.2bn grants, loans to Ethiopia

World Bank says Nigeria not a fragile state but …

“Nigeria is not a fragile country but there is need to address some issues to prevent it from being a fragile state,” the World Bank Group on addressing Fragility,...

Nigerian-economy

World Bank cuts Nigeria’s growth forecast

The World Bank has cut its growth forecast for Nigeria and other Sub-Saharan African countries from 3.3 percent to 2.8 percent. Nigeria, South Africa and Angola, make up...

Nigeria records 2.38% GDP growth in Q4 2018 - NBS

World Bank: Nigeria’s economy did not show any progress since 1995

A report by the World Bank group has categorised Nigeria amongst the countries that did not show any progress in their economic performance from 1995-2008 to 2015-18....

David Malpass is the new President of World Bank

Trump pick, David Malpass is the new President of World Bank

The Executive Directors of the World Bank on Friday unanimously selected David Malpass as the new President of the World Bank Group.  The new World Bank chief, whose...

Trump picks World Bank critic, David Malpass to replace Kim

Trump picks World Bank critic, David Malpass to replace Kim

US President Donald Trump has nominated David Malpass, a critic of multilateral institutions like the World Bank, to replace Jim Yong Kim as the World Bank president....

Nigerian-economy

Nigeria drops on World Bank’s Ease of Doing Business ranking

  Nigeria has dropped a spot on the latest World Bank Ease of Doing Business ranking. The bank released the report titled “Doing Business 2019: A Year of Record...

World Bank permits $1.2bn grants, loans to Ethiopia

World Bank permits $1.2bn grants, loans to Ethiopia

The World Bank has approved $1.2 billion in grants and loans to Ethiopia, it said in a statement posted on its website late on Tuesday. According to the bank, the funds...

Nigeria ranks 115th in global competitiveness

Ease of Doing Business: Nigeria slips on World Bank’s ranking

Nigeria dropped a spot on the latest World Bank Ease of Doing Business ranking released on Wednesday. Nigeria moved 24 places from its 2016 spot of 169 to 145 in the...

World Bank permits $1.2bn grants, loans to Ethiopia

Sub-Saharan Africa: World Bank reduces growth forecast to 2.7%

The World Bank has cut its economic growth forecast for sub-Saharan Africa this year to 2.7 percent from an earlier forecast of 3.1 percent. The bank said on Wednesday...

Customs collects N140.4bn revenue in August

World Bank ranks Nigeria Customs low in efficiency 

  Nigeria has been ranked among the 15 lowest performing countries in the world as regards the efficiency of its customs service and border management processes. ...

World Bank permits $1.2bn grants, loans to Ethiopia

World Bank okays $2.1bn loans for Nigerian projects

The World Bank on Thursday said it had approved a total of $2.1 billion in concessionary loans to fund projects in Nigeria aimed at improving access to electricity and...