World Bank

Business and Economy

Nigeria’s public debt stock rose to N121.67trn in Q1 2024 – DMO

NIGERIA's total public debt portfolio has risen by 24.99 per cent in a space of three months to N121.67...
Ehime ALEX -
Business and Economy

Nigeria seeks 18-month extension for World Bank’s $800m palliative loan

THE Nigerian government has requested an 18-month extension for the $800 million World Bank palliative loan scheme as the country...
Ehime ALEX -
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Banking and Finance

Latest World Bank loan pushes Nigeria’s debt to over N162trn

NIGERIA's public debt profile has further worsened to $110.48 billion, approximately N162.81 ‬trillion, following the approval of new sets...
Ehime ALEX -
Banking and Finance

CBN’s increasing interest rate not enough to curb inflation – World Bank

THE World Bank has said that the Central Bank of Nigeria (CBN) might not effectively curb inflation by hiking...
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Data Stories

What should Nigeria’s minimum wage be?

WITH the current economic hardship facing the country, the federal government might need to consider nothing less than N100,000...
Kehinde OGUNYALE -
Business and Economy

Nigeria ranks 9th among African countries attracting infrastructure investments – Report

NIGERIA has been ranked ninth among countries that attracted private infrastructure investment in Sub-Saharan Africa (SSA) in 2023. This is according...
Ehime ALEX -
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