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The World Bank Group has said that Nigeria’s human capital development ranks among the worst globally. The Washington-based bank stated this in a...
ByBusinessTodayNGJuly 24, 2022DESPITE raising its Monetary Policy Rate (interest rate), Nigeria’s inflation rate is now 20 per cent above the World Bank’s projection of 15.5...
ByBusinessTodayNGJuly 18, 2022The World Bank Group has responded to the overlapping global crises by deploying $114.9 billion in financing in 2022. In a statement on Saturday,...
ByBusinessTodayNGJuly 17, 2022The International Monetary Fund (IMF) and the World Bank Group (WBG) have announced that their 2022 Annual Meetings will take place from Oct....
ByBusinessTodayNGJuly 14, 2022The World Bank has predicted that more people in Nigeria and its Sub-Saharan neighbours are expected to fall into extreme poverty. According to a...
ByBusinessTodayNGJune 13, 2022The World Bank has approved additional financing of US$145 million International Development Association (IDA) credit for the Ghana Secondary Cities Support Programme. The...
ByBusinessTodayNGJune 9, 2022The World Bank has said that the war in Ukraine has dealt a major shock to commodity markets, altering global patterns of trade, production,...
ByBusinessTodayNGMay 16, 2022The World Bank has said that Nigeria’s oil production declined in 2021 due to a lack of maintenance and the loss of infrastructure...
ByBusinessTodayNGMay 14, 2022