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World Bank announces 5-year $200bn investment for climate action

World Bank announces 5-year $200bn investment for climate action

In 2018, the World Bank Group provided a record-breaking $20.5 billion for climate action: doubling delivery from the year before the Paris Agreement… Joseph Inokotong, Abuja The World Bank Group yesterday in Washington DC announced a major new set of climate targets for 2021-2025, doubling its current five-year investments to around $200 billion in support […]
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Emefiele: It is either build reserves or save the naira — we’re choosing the naira

Emefiele: It is either build reserves or save the naira — we’re choosing the naira

Godwin Emefiele, governor of the Central Bank of Nigeria, says the Buhari-led administration chose to save the naira instead of building reserves. Emefiele, who made this known to journalists on The post Emefiele: It is either build reserves or save the naira — we’re choosing the naira appeared first on TheCable.

2018 budget: FG has released N460bn out of N9.12tr, says Udoma

2018 budget: FG has released N460bn out of N9.12tr, says Udoma

Isaac Anumihe, Abuja The Federal Government has so far  released N460 billion out of the N9.12 trillion budgeted for the 2018 fiscal year. Speaking to newsmen, yesterday, at the ongoing World Bank Group and International Monetary Fund in Bali, Indonesia, Minister of Budget and National Planning, Senator Udoma Udo Udoma said that the  release was […]
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Nigeria among bottom seven in World Bank’s first ever Human Capital Index

Nigeria among bottom seven in World Bank’s first ever Human Capital Index

Nigeria has been ranked 152 out of 157 countries in the first ever Human Capital Index released by the World Bank Group. Unveiling the report on Thursday at the ongoing The post Nigeria among bottom seven in World Bank’s first ever Human Capital Index appeared first on TheCable.

IMF says Nigeria’s economy doing poorly, cuts growth projection

IMF says Nigeria’s economy doing poorly, cuts growth projection

The International Monetary Fund (IMF) has cut the growth projections made for Nigeria saying the country’s economy is doing poorly. Gian Maria Milesi-Ferretti, deputy director at IMF’s research department made The post IMF says Nigeria’s economy doing poorly, cuts growth projection appeared first on TheCable.

Follow TheCable for live updates from the 2018 IMF/WBG Spring meetings

Follow TheCable for live updates from the 2018 IMF/WBG Spring meetings

At the 2017 annual meetings of the International Monetary Fund (IMF) and World Bank Group, Christine Lagarde, IMF managing director, advised world leaders to invest in their people. During his The post Follow TheCable for live updates from the 2018 IMF/WBG Spring meetings appeared first on TheCable.

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