OBINNA EZUGWU Global financial institution, the World Bank has noted that Nigeria’s unsteady and unreliable power supply is causing it huge economic losses, estimated at N10.1trillion...
Adebayo Obajemu The World Bank on Wednesday approved a $750 million International Development Association credit for Nigeria’s Power Sector Recovery Operation. In a statement by the...
The World Bank has approved a 750 million dollars International Development Association (IDA) credit for Nigeria’s Power Sector Recovery Operation (PSRO) to improve electricity supply. According...
By Adebayo Obajemu It has been disclosed that Nigeria is close to securing a loan of $1.5 billion and another $1-1.5 billion for the Federal Government...
Foreign exchange earnings from Diaspora Remittances have for years, supported Nigeria’s economy. But the World Bank has projected global remittances to decline sharply by about 20...
President Muhammadu Buhari has sought the approval of the Senate for an external loan of 5.513 billion dollars to fund the revised 2020 Appropriation Act. Buhari’s...
By JULIUS ALAGBE Nigeria’s economy is facing multiple economic stress-tests from various angles due to waves of Coronavirus pandemic that hit the global economy. The Institute...
Vice President Yemi Osinbajo on Tuesday in Abuja held an online meeting with representatives of the International Monetary Fund(IMF) and the World Bank. The meeting, anchored...
The much-awaited Federal government fiscal policy instrument, or Stimulus package, which is needed to respond to the emergent situation in the economy arising from the crash...