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Tag: World Bank
World Bank : Over 100 million Nigerians living in poverty
An unprecedented 104 million Nigerians have slipped into poverty since the announcement of president Bola Ahmed Tinubu's economic reforms. The World Bank's Nigeria Development Update (NDP) report, which was…
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Palliatives: Nigeria receives $299.99 million from the World Bank
The World Bank has finally given Nigeria $299.99 million of the $800 million authorized for the National Social Safety Net Program-Scale Up. 37.5% of the $800 million that was decided…
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World Bank To Loan FG $3.45 Billion
The request for a $3.45 billion loan from the World Bank to pay for five items was approved by the Federal Executive Council on Monday. They consist of initiatives for…
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World Bank names Finance Minister Wale Edun as Chairman of the African Governors’ Forum
The World Bank has chosen Wale Edun, the Minister of Finance and Coordinating Minister of the Economy of Nigeria, to lead the African Governors' Forum According to the Ministry…
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Naira is one of Africa’s worst-performing currencies, according to the World Bank
The Nigerian naira is one of the worst-performing currencies in Africa, according to the World Bank. Since a devaluation in mid-June, the currency, according to the study, has fallen by…
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World Bank President Ajay Banga To Visit Nigeria, Create More Jobs
Ajay Banga, the president of the World Bank, will spend three days in Nigeria as part of a global tour to create a new playbook for the organization. While in…
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Disabled People May Receive Palliative Care At Home, World Bank
The World Bank has stated that throughout the implementation of the $800 million loan sanctioned by the bank as a subsidised palliative, people with disabilities may have the option of…
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Budget Office, World Bank frown at Buhari’s borrowing spree
President Muhammadu Buhari-led administration’s appetite for borrowing despite having less than 19 days to leave the seat of power has continued to be a severe concern to Nigerians. The Budget…
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The World Bank Dangerous Policies In Africa
The World Bank has long been regarded as a beacon of hope for struggling nations seeking to lift themselves out of poverty and build a better future for their citizens.…
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The World Bank’s debt-traps in developing countries
The IMF and World Bank’s harmful credit line policies, especially in Africa, have created a debt burden on developing economies that will make it extremely hard for them to meet…
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