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    MarketForces Africa » MarketForces News » Nigeria, World Bank to Strengthen Bilateral Ties- Edun

    Nigeria, World Bank to Strengthen Bilateral Ties- Edun

    Julius AlagbeBy Julius AlagbeFebruary 8, 2024Updated:October 17, 2025 News No Comments2 Mins Read
    Nigeria, World Bank to strengthen bilateral ties- Edun
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    Nigeria, World Bank to Strengthen Bilateral Ties- Edun

    The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun says  Nigeria and the World Bank are working toward strengthening mutually beneficial bilateral relations.

    Edun said this when he received  the World Bank Managing Director of Operations, Ms. Anna Bjerde, who was on on a two-day visit to Nigeria.

    Edun urged more support for the country, while expressing the hope that the multilateral institution would appreciate the country’s reform efforts.

    “The World Bank has been part of the progress report and we commend all their efforts,” he said.

    Earlier, Bjerde said that she was in Nigeria to further the World Bank’s engagement on critical aspects of the country’s development agenda

    She said that the World Bank had  more than 30 projects in Nigeria, adding that her visit would afford her the opportunity to also take stock of the ongoing projects.

    The Minister of Budget and Economic Planning, Sen. Atiku Bagudu expressed appreciation to the World Bank for its continuing support for Nigeria.

    Bagudu said that President Bola Tinubu’s administration embarked on one of the biggest reforms, adding that the 2024 budget would reduce deficit for the first time in recent years.

    He also called for more support from the World Bank.

    Also speaking, the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso commended the World Bank for its support to the country over the years.

    He said that the World Bank’s support was not only in terms of dollars and cents, but also through the huge knowledge, which would be beneficial to the country.

    “We look forward to more collaboration,” Cardoso said. #Nigeria, World Bank to Strengthen Bilateral Ties- Edun#

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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