Friday, April 26, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Tag "World Bank"

Venezuela and Nigeria’s economic crisis: The troubling similarities

    Venezuela and Nigeria’s economic crisis: The troubling similarities

President Bola Tinubu recently declared that he should be included in the Guinness Book of Records for having the guts to remove fuel subsidy on his first day in office—something

0 comment Read Full Article

Africa’s finance ministers meet World Bank on energy funding

    Africa’s finance ministers meet World Bank on energy funding

Wale Edun, minister of finance and coordinating minister of the economy, alongside other finance ministers from West and Central Africa, met with the World Bank Group on Thursday. Edun said

0 comment Read Full Article

MPC meeting, food price data… 7 business stories to track this week

    MPC meeting, food price data… 7 business stories to track this week

Here are the seven top business stories you need to track this week — January 22 to January 27. CBN TO HOLD MPC MEETING FEB 26  The Central Bank of

0 comment Read Full Article

ICYMI: Internet exposure reduced poverty in Nigeria by 7% in 2023, says World Bank

    ICYMI: Internet exposure reduced poverty in Nigeria by 7% in 2023, says World Bank

The World Bank says extreme poverty in Nigeria and Tanzania reduced by 7 percent in 2023 after exposure to the internet. The Bretton Woods institution made this known in its

0 comment Read Full Article

Edun: There’s liquidity to reduce FX backlog | We’ll get World Bank’s $1.5bn loan

  Edun: There’s liquidity to reduce FX backlog | We’ll get World Bank’s $1.5bn loan

Wale Edun, minister of finance and coordinating minister of the economy, says there is liquidity in the Nigerian banking sector

0 comment Read Full Article

Dangote refinery begins operations, inflation report… 7 business stories to track this week

  Dangote refinery begins operations, inflation report… 7 business stories to track this week

Here are the seven top business stories you need to track this week — January 15 to January 19. DANGOTE

0 comment Read Full Article

Nigeria’s inflation to ease in 2024, per capita income to recover, says World Bank

  Nigeria’s inflation to ease in 2024, per capita income to recover, says World Bank

The World Bank says Nigeria’s inflation should ease in 2024 as the effects of  last year’s foreign exchange (FX) market

0 comment Read Full Article

World Bank: Developing countries spent $443bn on debt servicing in 2022 | Nigeria, Tanzania are top borrowers

  World Bank: Developing countries spent $443bn on debt servicing in 2022 | Nigeria, Tanzania are top borrowers

World Bank says developing countries spent a record $443.5 billion to service their external public and publicly guaranteed debts in

0 comment Read Full Article

World Bank: Number of poor Nigerians increased by 24m between 2018 and 2023

  World Bank: Number of poor Nigerians increased by 24m between 2018 and 2023

The World Bank says poverty rate in Nigeria has increased to 46 percent in 2023, representing 104 million poor Nigerians.

0 comment Read Full Article

World Bank hints at ‘partial return’ of subsidy in Nigeria, says petrol should cost N750/litre

  World Bank hints at ‘partial return’ of subsidy in Nigeria, says petrol should cost N750/litre

The World Bank says Nigeria’s petrol should be priced at N750 per litre at the pumps. Alex Sienaert, the bank’s

0 comment Read Full Article
error: Content is protected from copying.