Nigeria, others to benefit from World Bank’s $150bn 5-yr additional Africa investment
BEN EGUZOZIE
May 27, 2021
…To benefit from funding over the next five years …Nigeria, continent’s top economy, needs $3-trn over-30-yr to meet huge
FG dismisses World Bank’s report on Nigeria’s electricity consumption
Wale AmeenApril 26, 2021
Wale Ameen Online Editor The Federal Government has dismissed with a wave of hand the recent World Bank’s report which
Nigeria tops electricity-deficient countries – World Bank
BEN EGUZOZIEApril 26, 2021
…Down from 2017 ranking after Yemen …Global lender approved $1.25bn financing to support Nigeria reset power sector …Businesses
Poor electricity costs Nigerian businesses $29bn per year – World Bank
Online EditorApril 22, 2021
Arakunle Kayode The World Bank has disclosed that approximately $29 billion is lost every year for Nigerian businesses as a
Nigeria currency reform delays $1.5bn World Bank loan
Aderemi OjekunleAugust 19, 2020
Charles Abuede A financing delay from the World Bank could leave Nigeria battered by low prices of crude oil, as the multilateral
Nigeria, others can create 30m jobs, ramp up income through AfCFTA — World Bank
Businessam StaffJuly 28, 2020
The African Continental Free Trade Area (AfCFTA) has the potential to re-write the African continent’s history of
COVID-19 triggers 42% job loss-World Bank
Businessam StaffJuly 17, 2020
The World Bank has said nearly half of the global work force has been thrown out of jobs by the Coronavirus pandemic. The bank put the
World Bank estimates cost of power shortages in Nigeria at $28bn, approves $750m power sector loan for Nigeria
Businessam StaffJune 24, 2020
The World Bank has said the economic cost of power shortages in Nigeria is estimated at around 28 billion dollars, which is equivalent
Economy: Nigeria spent N387bn or $1.09bnm servicing debts in 9 months, says CBN
Businessam StaffNovember 5, 2019
By Omobayo Azeez The federal government of Nigeria spent $1.09 billion, an equivalent of N387 billion, between January and September
Lagarde assumes duty as European Central Bank president
Tee KingNovember 1, 2019
A new era was beginning at the European Central Bank (ECB) on Friday as Christine Lagarde takes over from Mario Draghi at the head of