World Bank lists 40 economies with reforms on women empowerment
The regulatory environment for women’s economic participation has improved over the past two years, but Nigeria is missing mention among 40 countries that enacted 62 reforms that will help women.
$250 trillion debt burden weighs on global economy in 2020
Concerns about global debt are heightening from the office of World Bank President, David Malpass, as the obligations exceeded a $250 trillion mark in 2019.
Nigeria contributes $26b of developing countries’ $7.8tr external debt
The World Bank Group, yesterday, estimated the external debt profile of developing countries at $7.8 trillion, but Nigeria has 0.33 per cent of the value.
How Nigeria, others lose $4.2tr savings over poor infrastructure, by World Bank
The cost of not investing in strategic infrastructure may not only pose challenge to ease of doing business, but also Nigeria and other economies...
Africa’s poverty crisis may worsen in 2030, World Bank, IMF warn
Unless urgent rescue plans are employed, nine of every 10 African nations would be living in abject poverty, the World Bank has warned. Paradoxically, the same year is the global financial institution’s target for ending extreme poverty worldwide. The development, that is already giving World Bank President, David Malpass, concerns was given by the global…