Browsing: World Bank

The International Finance Corporation (IFC) and World Bank group have said in a report…

Following the planned debt cut by the International Monetary Fund and the World Bank

World Bank Calls for Debt Relief Plan for Poorer Nations The World Bank President, David Malpass, said that a more…

World Bank approves $114.28 million for Nigeria to Fight COVID-19. The World Bank has approved $114.28 million financing to help Nigeria prevent, detect and respond to the threat posed by COVID-19 with specific focus on state level responses.

World Bank Financial Policy Priorities in Response to COVID-19. The World Bank Group expectations for financial policy priorities in responses to coronavirus pandemic is contain in its document and detail the following:

COVID-19: Nigeria may go into severe recession – World Bank. The World Bank says collapse in oil prices coupled with the COVID-19 pandemic is expected to plunge the Nigerian economy into a severe economic recession, the worst since the 1980s.

World Bank approves $750m power sector recovery operation for Nigeria. 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.

IFC Invests $100 million in Zenith Bank to Support SMEs. The International Finance Company (IFC), a member of the World Bank Group, today announced an investment of up to $100 million in Nigeria’s Zenith Bank Plc.

World Bank appoints Chaudhuri Country Director for Nigeria

Bulgaria’s Kristalina Georgieva to Lead IMF