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Global economy expected to expand 5.6% in 2021

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Global Recovery Strong but Uneven as Many Developing Countries Struggle with the Pandemic’s Lasting Effects Output to remain below pre-COVID trends despite robust rebound by...

World Bank forecasts Nigeria’s growth to resume at 1.8% in 2021

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By Audrey Lotechukwu TUE 08 JUNE, 2021-theGBJournal-Growth in Nigeria is expected to resume at 1.8% in 2021 and edge up to 2.1% next year, assuming...

West Africa launches new payments digitization agenda

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MON 19 APRIL, 2021-theGBJournal- In Senegal, 8 out of 10 workers are paid in cash. Most are temporary workers and excluded from health insurance....

World Bank launches early IDA20 replenishment to help poorest countries recover...

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…Early replenishment due to scaled up pandemic response WASHINGTON, THUR 15 APRIL, 2021-theGBJournal-The World Bank launched an early twentieth replenishment process of the International Development...

Gaps remain in countries readiness to deploy COVID-19 vaccines-World Bank

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Assessments by World Bank and partners provide insights into more than 120 countries’ readiness to safely distribute vaccines THUR 18 MARCH, 2021-theGBJournal- As countries undertake...

World Bank approves $500 million to support Nigeria’s electricity distribution sector

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By Audrey Lotechukwu FRI 05 FEB, 2021-theGBJournal- The World Bank has approved $500 million to support the Nigeria Government in improving its electricity distribution sector. The...

Growth in Nigeria is expected to resume at 1.1% in 2021,...

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By Azuka Christopher WED 06 JAN, 2021-theGBJournal- Growth in Nigeria is expected to resume at 1.1% in 2021,  markedly weaker than previous projections-and edge up...

After its doom and gloom view for Nigeria, the World Bank...

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By Charles Ike-Okoh FRI, 11 DEC, 2020-theGBJournal- The World Bank has never been gloomier about Nigeria’s prospect than they were in their latest (December 2020)...

AfDB, 11 leading Multilateral Development Banks, IMF launch first joint report...

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"To accelerate Africa's development, we will continue joining investment hands across the globe" – Adesina FRI, 11 DEC, 2020-theGBJournal- The African Development Bank (www.AfDB.org) joined...

FG to access $750 million World Bank loan to stimulate state...

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FRI, 20 NOV, 2020-theGBJournal-The Honourable Minister of Finance, Budget and National Planning, Mrs. Zainab  Shamsuna Ahmed, has revealed that the Federal Government is in...