Despite Nigeria’s rising debt profile, the Federal Government has received approval from the World Bank for additional loan requests totaling $1.57 billion. The World Bank said...
The World Bank has urged Nigeria to capitalize on its diaspora remittances to combat poverty and finance critical development needs. In its latest Migration and Development...
The World Bank has said Nigeria’s conditional cash transfer scheme aimed at bolstering household consumption and financial inclusion is largely ineffective. Despite significant investment and efforts...
Ghana’s Supreme Court is set to commence hearings on a case that threatens the country’s $20 billion debt restructuring deal while simultaneously testing the World Bank’s...
In a bid to secure a $750 million loan from the World Bank, Nigeria is considering the reintroduction of previously suspended telecom taxes and other fiscal...
The African Continental Free Trade Area (AfCFTA) has the potential to transform the African continent by connecting 54 countries with a combined population of 1.3 billion...
The World Bank has predicted that Nigeria’s fiscal position will drop further in 2023 as it highlighted high borrowing costs, lower energy prices, slow growth in...
The government had already budgeted a sum of N3.36 trillion for subsidy for the first six months of 2023
The World Bank has said Rwanda will outgrow Nigeria, South Africa and all other African countries in 2022 despite the projected slow pace of growth when compared...
Amid fresh threats from COVID-19 variants and a rise in inflation, debt, and income inequality, the global economy is entering a pronounced slowdown that could endanger...