Tag: World Bank

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CBN Forecasts 2.28% Growth For Nigeria’s Economy In 2019

CBN Forecasts 2.28% Growth For Nigeria’s Economy In 2019

Barely one day after the International Monetary Fund (IMF) published its January 2019 World Economic Outlook (WEO) projecting that Nigeria’s economy w...
Nigeria’s Foreign Reserves Falls 5.21% To $41.99bn In October

Nigeria’s Foreign Reserves Falls 5.21% To $41.99bn In October

Data on the website of the Central Bank of Nigeria (CBN) on Thursday showed a $2.309bn drop in foreign reserves in the first 30 days of October, 2018....
IMF To Help Nigeria, Others Improve Debt Management Capacity

IMF To Help Nigeria, Others Improve Debt Management Capacity

Following its worry about rising debts levels among low income and emerging market countries of the world, including Nigeria and other fellow African ...
Africa’s Borrowing From China Rises To $190bn Since 2000

Africa’s Borrowing From China Rises To $190bn Since 2000

China's President Xi Jinping, on Monday pledged a new $60bn facility in the form of aid, investment and loans to Africa, amidst lingering concerns ove...
W’Bank Approves $2.1bn  Loans For Electricity, Governance Projects In Nigeria

W’Bank Approves $2.1bn Loans For Electricity, Governance Projects In Nigeria

Amidst complaints over mounting debts by the Nigeria government, the World Bank on Thursday, approved a $2.1bn in concessionary loans to fund projects...
FG, Switzerland Seal Deal On $321m Abacha Loot

FG, Switzerland Seal Deal On $321m Abacha Loot

The Federal Government, on Monday in Abuja, signed a Memorandum of Understanding (MoU) with Switzerland in a bid to facilitate the return of illegally...
Press Release: NSE Partners UN On Gender Equality

Press Release: NSE Partners UN On Gender Equality

For the fourth consecutive year, The Nigerian Stock Exchange (NSE) will join other global exchanges on March 8, 2018, to ring the bell for gender equa...
Nigeria May Sue Multinationals For Tax Frauds In Home Countries

Nigeria May Sue Multinationals For Tax Frauds In Home Countries

Photo Caption: Nigeria's Minister of Finance, Mrs. Kemi Adeosun; Head of OECD Global Forum on Exchange of Information, Ms. Monica Bhatia; and Executiv...
CBN To Enhance Ease Of Doing Businesses With Collateral Registry

CBN To Enhance Ease Of Doing Businesses With Collateral Registry

Inspired by the latest World Bank Ease of Doing Business Index, which rated the nation 145th from a previous position of 169th, out of 190 countries, ...
AfDB Restates Support For Nigeria’s Economic Reforms, Diversification

AfDB Restates Support For Nigeria’s Economic Reforms, Diversification

Contrary to widely circulated report the previous day, the African Development Bank (AfDB), on Tuesday “categorically” refuted news credited to AfDB V...
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