Debt Servicing Accounted for $2.8 Billion of $4.36 Billion Foreign Payments in 2024
Nigeria is grappling with a severe economic strain as debt servicing costs account for a staggering 64% of its $4.36
Nigeria is grappling with a severe economic strain as debt servicing costs account for a staggering 64% of its $4.36
Key Points The World Bank has disbursed $751.88 million to Nigeria as part of a recently approved $1.5 billion loan.
Nigeria has officially requested an 18-month extension on the World Bank’s $800 million palliative loan to bolster its social safety
The World Bank has been requested by the Socio-Economic Rights and Accountability Projects (SERAP) to immediately halt any additional loans
The World Bank and the Global Fund to Fight AIDS, Tuberculosis, and Malaria (the Global Fund) have agreed to strengthen
The World Bank Group on Thursday announced the appointment of Senegalese economist, Makhtar Diop, as Managing Director and Executive Vice
The world’s food systems endured numerous shocks in 2020, from economic impacts on producers and consumers to desert locust swarms
The World Bank in its recently published Global Economic Prospects January 2021 edition revised its growth projections from an earlier
The World Bank has projected a slower-than-expected rebound in the global economy, which slipped to its deepest recession since World
The weight of the pandemic outbreak on the Nigerian economy will send personal incomes back to the levels they were
Nigeria is in the closing stages of a deal to get a $1.5 billion loan package from the World Bank
The FG seized Dan Etete’s $57 million private jet in June 2020. In September, the Buhari-led administration, asked a court
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