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World Bank
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COVID-19 drives global surge in digital payments, says World Bank
The COVID-19 pandemic has spurred financial inclusion driving a large increase in digital payments amid the global expansion…
Inflation to push 1 million more Nigerians into poverty by 2022, says W’Bank
The World Bank has said that inflation in Nigeria, which is seen as one of the highest in…
Stagflation risk rises amid sharp slowdown in growth, says World Bank
Compounding the damage from the COVID-19 pandemic, the Russian invasion of Ukraine has magnified the slowdown in the…
W’Bank urges GSS bonds for Africa’s sustainable investment needs
Green, Social, and Sustainable (GSS) bonds market remains a new frontier for Africa that will help the continent…
World Bank earmarks $30bn to avert global food crisis
. Pledges $12bn to fund projects in low income countries The World Bank yesterday, said it has earmarked…
Food, energy price shocks from Ukraine War could last for years, World Bank warns
The World Bank’s latest Commodity Markets Outlook report has observed that the war in Ukraine has dealt a…
Nigeria should rethink its subsidy effort, urges World Bank
. Calls for opening of markets to stem rising food, energy crises Clara Nwachukwu The World Bank Group…
World Bank lowers sub-Saharan Africa growth projection to 3.6%
The World Bank has cut Sub-Saharan Africa’s 2022 growth estimates from the 4% in 2021 to 3.6%, as…
W’Bank projects 2.5% economic growth for Nigeria in 2022
The World Bank yesterday projected a 2.5% economic growth for Nigeria this year, a little above the 2.4%…
World Bank worries about debt distress in developing economies
.Prescribes measures for greater transparency The World Bank has expressed concern about high risk of debt distress in…