World Bank News – Page 3 of 9 – Prime Business Africa

Food Prices Remain High In Nigeria As Beans, Rice, Yam Take The Lead

News

Middle East Conflict May Deepen Food Crisis In Nigeria, Sub-Saharan Africa, World Bank Warns

World Bank's Global Economic Prospect report predicts a potential escalation of food insecurity across Nigeria and Sub-Saharan Africa due to heightened conflicts in the Middle East.

Emmanuel Ochayi

January 14, 2024

Business·News

Global Trade To Surge By 2.3% In 2024 – World Bank

The World Bank’s Global Economic Prospects report signals a rebound in global trade, aiming for a 2.3% growth in 2024 after a lackluster 2023. The report cites a return to normal trade

Emmanuel Ochayi

January 11, 2024

Business·Finance & Economy·News

World Bank Predicts Return Of Nigeria’s Per Capita Income To Pre-pandemic Level By 2025

The World Bank’s latest Global Economic Prospects report paints a hopeful picture for Nigeria’s economic resurgence, forecasting a return to pre-pandemic per capita income levels by 2025. Speaking on the country’s prospects,

Emmanuel Ochayi

January 10, 2024

Editorial

Fuel Subsidy: World Bank Must Allow Africa’s Poor Breathe [Editorial]

The World Bank has for long been dogged by allegations of promoting misguided policies that worked mainly to impoverish the majority of people

Prime Business Africa Editorial

January 8, 2024

News

Ghana Nears $1.15bn IMF, World Bank Funding Amid Debt Restructuring Talks

Ghana is on the brink of securing $1.15 billion in vital funding from the International Monetary Fund (IMF) and the World Bank. Finance Minister Ken Ofori-Atta voiced optimism, affirming a potential agreement

Emmanuel Ochayi

January 8, 2024

Business·News

World Bank Blames Remittance Diversion On Exchange Rate Woes In Africa

World Bank's latest Migration and Development Brief, titled “Leveraging Diaspora Finances for Private Capital Mobilization,” underscores the adverse impact of fixed exchange rates and capital controls on remittance flows in Sub-Saharan Africa.

Emmanuel Ochayi

December 27, 2023

Business·News·World News

World Bank Allocates $5.6m To Nigeria’s State Fiscal Projects

In a bid to fortify transparency and fiscal responsibility at the sub-national level, the World Bank has allocated $5.6 million to Nigeria’s State Fiscal Transparency, Accountability, and Sustainability (SFTAS) project. The funds

Emmanuel Ochayi

December 26, 2023

How Strong Competitive Market Will Stabilise Fuel Price In Nigeria

Business·Oil & Gas

Petrol Should Sell N750/litre In Nigeria But For ‘Partial Return’ Of Subsidy – World Bank

The World Bank has revealed that premium motor spirit, otherwise known as petrol, should be priced in Nigeria at N750 per litre at the pumps unless the government is paying some form

Victor Ezejaand

Admin

December 13, 2023

Africa·Business·News·World News

World Bank To Allocates $5bn To Empower 100 Million Africans Through Electricity Initiatives

Addressing an assembly in Zanzibar, Tanzania, Ajay Banga, the president of the World Bank outlined an ambitious initiative to empower 100 Million Africans through the availability of electricity across Africa by 2030.

Emmanuel Ochayi

December 6, 2023

Business·Politics

World Bank Allocates $300 Million In Palliative Loans For Nigeria

The World Bank has initiated the disbursement of $300 million under the National Social Safety Net Program-Scale Up. The approved $800 million loan, sanctioned on December 16, 2021, aims to aid the

Bisina Somto

November 16, 2023

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World Bank News - Page 3

Middle East Conflict May Deepen Food Crisis In Nigeria, Sub-Saharan Africa, World Bank Warns

Global Trade To Surge By 2.3% In 2024 – World Bank

World Bank Predicts Return Of Nigeria’s Per Capita Income To Pre-pandemic Level By 2025

Fuel Subsidy: World Bank Must Allow Africa’s Poor Breathe [Editorial]

Ghana Nears $1.15bn IMF, World Bank Funding Amid Debt Restructuring Talks

World Bank Blames Remittance Diversion On Exchange Rate Woes In Africa

World Bank Allocates $5.6m To Nigeria’s State Fiscal Projects

Petrol Should Sell N750/litre In Nigeria But For ‘Partial Return’ Of Subsidy – World Bank

World Bank To Allocates $5bn To Empower 100 Million Africans Through Electricity Initiatives

World Bank Allocates $300 Million In Palliative Loans For Nigeria

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