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Tag: World Bank Group
World Bank Food Security Update
Domestic food price inflation remains high around the world. Information between May to September 2022 shows high inflation in almost all low-income and middle-income countries; 88.9% of low-income countries, 91.1% of…
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World Bank Group Steps Up Support to Deepen Regional Integration in Africa
The World Bank Group has updated its approach to help strengthen regional integration in Africa. This reinforces the institution’s support to help the continent recover from the COVID-19 pandemic and…
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AfDB Blacklists Four Nigerian Firms For Sharp Practices
African Development Bank (AfDB) has blacklisted and banned four Nigerian companies from accessing financial projects from the institution. It was learnt that the companies were barred for fraudulently obtaining AfDB’s…
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Naira trades at N381/$
The naira resumed trading on the official market at 381 to the dollar after no quotes for two straight sessions, as the central bank unified the country’s multiple exchange rates,…
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