By Alex Omenye Nigeria has become the third-largest debtor to the World Bank’s International Development Association as of June 30, 2024, surpassing its previous position as
Tag: World Bank
Naira among Africa’s worst currencies, falls by 40% –W’Bank
The Nigerian naira is among the worst-performing currencies in Africa, the World Bank has said. It noted that the currency weakened by nearly 40 per
SERAP tells World Bank to suspend $800m Nigerian loan
Socio-Economic Rights and Accountability Project has urged the World Bank President, Mr David Malpass, to suspend any disbursement of the $800m loan to the Federal
Naira redesign will affect the poor, SMEs — W’Bank
The World Bank has warned the newly redesigned naira which went into circulation last week may have negative effect on economic activity especially poor Nigerians
How more Nigerians will fall into extreme poverty
The World Bank has predicted that more people in Nigeria and its Sub-Saharan neighbours are expected to fall into extreme poverty. According to a report obtained
