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Tag: developing countries

World Bank: Conflict, Major Driver Of Food Insecurity In Nigeria, Others

World Bank
The World Bank has identified conflict as one of the critical drivers of food insecurity in West Africa, especially in the north-western part of Nigeria and the Liptako Gourma region,Read More

Nigeria Opts Out Of Global Tax Deal, Cites Economic Impact

Tax
Nigeria has opted out of a global tax deal negotiated under the Organisation of Economic Cooperation and Development (OEDC)/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS). BEPS refersRead More

W’Bank: Nigeria, 46 Other Low-income Countries’ Debt Burden Rose 12% In 2020 To $860bn

World Bank
The debt burden of the world’s 47 low-income countries, including Nigeria, rose 12 per cent to a record level of $860 billion in 2020, according to a new report releasedRead More

OPEC: Nigeria May Be Hard-hit by Declining Investment In Oil Sector

Organisation of the Petroleum Exporting Countries (OPEC)
Urges the FG to diversify economy Cartel calls for deployment of tech to reduce carbon emissions The Organisation of Petroleum Exporting Countries (OPEC) yesterday warned that with declining investments inRead More

Nigerian Singer, Yemi Alade Becomes UNDP Ambassador

Nigerian singer, Yemi Alade
Award-winning Nigerian singer, Yemi Alade is the newest United Nations Development Programme (UNDP) Goodwill Ambassador. In a blog post on Wednesday, Achim Steiner, UNDP’s administrator, said Alade will champion issuesRead More

World Bank Approves $500m Credit Line For Girls’ Empowerment

World Bank
The World Bank has approved a $500 million credit for the Adolescent Girls Initiative for Learning and Empowerment towards improving secondary education opportunities for girls in seven states in Nigeria.Read More