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Economy

Ngozi Okonjo-Iweala Reappointed as World Trade Organization Head

Hope Sampson | Sub Editor -
GENEVA, Switzerland — Ngozi Okonjo-Iweala has been reappointed as the Director-General of the World Trade Organization, WTO, securing a second term that will begin...
Economy

ActionAid Nigeria Rebukes World Bank’s Endorsement of Tinubu’s ‘T-Pain’ Reforms

Manny Akpan | Business & Economy Editor -
ABUJA, Nigeria — ActionAid Nigeria has strongly condemned recent comments made by World Bank Senior Vice President and Chief Economist Indermit Gill, calling his...
Economy

Over One Million Nigerians Facing Extreme Hunger over Food Security Crisis – World Bank

Manny Akpan | Business & Economy Editor -
ABUJA, Nigeria — Nigeria is grappling with a deepening food security crisis, with over one million more people falling into severe food insecurity in...
Economy

Nigeria’s Central Bank Reveals Depleting Foreign Reserves is Due to Debt Servicing

Manny Akpan | Business & Economy Editor -
Washington DC, USA - During the ongoing International Monetary Fund/World Bank Spring Meetings in Washington D.C., Central Bank of Nigeria Governor, Olayemi Cardoso, addressed...
Economy

World Bank: Nigeria Faces Rising Poverty Rates as Inflation Soars

Hope Sampson | Sub Editor -
ABUJA, Nigeria - According to the World Bank, Nigeria has experienced one of the highest inflation rates globally, which has pushed an estimated four...
Coronavirus Pandemic

World Bank Projects Remittances To Nigeria Will Drop By 20%

News Desk | The Trent -
World Bank projects that remittances to Nigeria and other low to middle-income countries (LMICS) will decline sharply by about 20 percent in 2020 due to...
Government

BREAKING: World Bank Approves $3 Billion Power Loan To Nigeria

Salisu Sulaimon | Sub-Editor -
The World Bank has agreed to give Nigeria a $3 billion loan for the expansion of the transmission and distribution facilities of the power...
News

Trump Picks World Bank Critic, David Malpass, As The Institution’s Next President

Agency Reports -
David Malpass, a senior US Treasury official in President Donald Trump’s administration, was unanimously chosen Friday as the next president of the World Bank. The...
Government

King Of The North: Buhari Asked World Bank To Concentrate Work In Northern Nigeria

Wires | The Trent -
Jim Yong Kim, president of the World Bank Group, said on Thursday, October 12, 2017 that the bank had concentrated on the northern region of Nigeria...
Government

Kaduna: El Rufai Sacks 21,780 Teachers After They ‘Fail Primary 4 Exam’

News Agency of Nigeria -
Nasir El-Rufai, the governor of Kaduna State, has revealed that 21,780 out of 33,000 teachers failed the primary four test administered to test their...
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