Washington: The Central Bank of Nigeria (CBN) says Nigeria’s inflation rate has dropped for six months straight, hitting 18.02 per cent in September – its lowest point in three years. …
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WorldBank
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Washington D.C.: The Central Bank of Nigeria (CBN) and the Bank of Angola, on Thursday, signed a Memorandum of Understanding (MoU) to foster closer bilateral relations and enhance capacity in …
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Washington (Nigeria): The International Monetary Fund (IMF) says the global economy has improved tremendously amid uncertainty. The IMF Managing Director, Kristalina Georgieva, made a presentation on the “Global Policy Agenda” …
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Foreign Report/International Figures
Strong Institutions, Sound Policies Crucial to Economic Growth – IMF
Washington: The International Monetary Fund (IMF) says strong institutions and policies are crucial to economic growth. The Managing Director of the IMF. Kristalina Georgieva said this on Monday DIGGER 37in …
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Abuja, Nigeria: Central Bank Governor Olayemi Cardoso will lead Nigeria’s delegation to the 2025 World Bank and IMF Annual Meetings in Washington, D.C., stepping in for Finance Minister Wale Edun, …
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Abuja (Nigeria): Dr Matthew Verghis, Country Director, World Bank Nigeria, has called on the Federal Government to reduce inflation, particularly food inflation, to bridge the gap between policy and people. …
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News Across the Nation
World Bank Hails Nigeria’s ACReSAL Project as Major Success
by Eniola Graceby Eniola GraceAbuja (Nigeria): The World Bank has ranked Nigeria’s Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) project among its most successful and a model for Africa. The Bank’s Practice Manager for Environment …
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Abuja, Nigeria: The National Assembly has thrown its weight behind the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES) Programme, describing it as a lifeline for vulnerable households and …
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Business & Economy
Ogun Government, World Bank Inspect 100,000-Capacity Broiler Facility Under OGSTEP
Abeokuta, Nigeria: In a strategic move to bolster food security and revitalise poultry production, the Ogun State Government, in partnership with the World Bank, has inspected the ongoing construction of …
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Business & Economy
World Bank Funds N-CARES with $700m, States Disburse $2.2b Nationwide
by Toye Faleyeby Toye FaleyeAsaba: Dr Lire Ersado, the World Bank Task Team Leader, has disclosed that the World Bank has funded the Nigeria Community Action Resilience and Economic Stimulus (NG-CARES) programme with approximately …
