Tuesday, 30th November 2021
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Breaking News:

David Malpass

19 Nov
Limited transparency will delay critical debt reconciliation and restructuring of the poorest countries, the World Bank Group President, David Malpass, has warned.
15 Oct
President of the World Bank Group, David Malpass, is seeking cooperation of the global community on a set of action points to prevent the looming debt crisis.
11 Oct
Debt loads in low-income countries surged 12 percent to a record $860 billion in 2020 amid the pandemic, prompting World Bank President David Malpass on Monday to call for a "comprehensive plan" to deal with the issue. "Sustainable debt levels are vital for economic recovery and poverty reduction," he said. Efforts to combat Covid-19 exacerbated…
30 Sep
World Bank president David Malpass, in Sudan on Thursday for the first visit in nearly 40 years by a head of the development body, praised the country's reforms but cautioned against "political slippage".
20 May
The World Bank has revealed a spending plan of $150 billion to support Africa in the next five years.
19 Feb 2020
While the debt stock of Africa’s economies recorded a whopping 150 per cent rise in the past 10 years, with new obligations in the pipe, two multilateral banks of global repute and major creditors, are own trading blame over who caused the alarming borrowings.
15 Jan 2020
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.
2 Jan 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.
19 Dec 2019
A wave of debt in emerging and developing nations has grown faster and larger than in any period of the last five decades and could end with another crisis
3 Oct 2019
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.
20 Jun 2019
The cost of not investing in strategic infrastructure may not only pose challenge to ease of doing business, but also Nigeria and other economies...
5 Jun 2019
Growth in Nigeria- the largest economy of Africa, would remain subdued in 2019 at 2.1 per cent, the World Bank Group's latest economic...


6 mins ago
The Nigerian government has reassured the Republic of South Africa that it will continue to strengthen bilateral ties between both countries for the mutual benefit of both country’s citizens and economies.
10 mins ago
The family of 9-year-old Ezra Blount, Astroworld's tragedy victim, has refused Travis Scotts' offer to cover his funeral expenses. Responding to Scott's letter expressing remorse over Ezra's death and an offer to cover the boy's funeral expenses, the Blount family lawyer Bob Hilliard wrote: "Your client's offer is declined. I have no doubt Mr Scott…
15 mins ago
The Nigeria Centre for Disease Control (NCDC) said it was analysing outbound and inbound travellers from countries with confirmed cases of the Omicron variant of COVID-19.
37 mins ago
Ari Lennox | E R&B singer Ari Lennox was arrested at Amsterdam Schiphol airport on Monday following a "racial profiling" incident.  The singer shared on social media that she has a run-in with authorities in the Netherlands.  "I'm being arrested in Amsterdam for reacting to a woman racially profiling me," Lennox wrote on Twitter on…
4 hours ago
Nigeria and other African countries sealed trade-related investment deals worth $42.1 billion at the recently concluded second Intra-African Trade Fair (IATF 2021) held in Durban, South Africa.