Saturday, 10th June 2023
<To guardian.ng
Search

Nigeria’s Finance Minister explains on govt’s borrowing plan

By CNBC
21 February 2017   |   12:22 pm
Following the completion of a billion dollar Eurobond issue, Nigeria is set to borrow from the World Bank and China to fund a range of infrastructure projects.

Related

28 May 2022
Nepal's ruling party has become increasingly wary of China's expansive Belt and Road Initiative amid Sri Lanka's financial collapse, fresh loans from the US and a shift towards India.
1 Jun 2022
With record-high temperatures in Northern Africa and food security worries from Egypt to Morocco, agrivoltaic projects in the region are getting more and more attention.
8 Jun 2022
The agency has warned of the risk of 1970s-style stagflation persisting in the coming years amid soaring commodity prices and low growth. Developing countries are expected to be some of the worst hit.
28 Jun 2022
Germany's Olaf Scholz is hosting the G7 summit in Bavaria, where world leaders pledged $600 billion dollars to help low-income states build "climate resilient infrastructure." The Ukraine war is also high on the agenda.
6 Sep 2022
Nigeria has successfully secured the support from the World Bank with a commitment to help the country phase out petrol subsidies and meet up with its Energy Transition plan. This follows meetings between Nigeria’s Vice President and World Bank Group President David Malpass. Other meetings are currently underway with U.S. officials and development partners.
1 Oct 2022
Hacking attacks on power grids, telecom networks, or governments can paralyze entire societies. That makes them a powerful military weapon, as the war in Ukraine demonstrates. How can countries protect themselves?
10 Oct 2022
It is unlikely the world can meet the goal of ending extreme poverty by 2030, a World Bank report found. Experts have said COVID-19 ended years of progress while war and higher prices are now making things worse.
28 Oct 2022
The Covid-19 pandemic and Russia's invasion of Ukraine have reversed three decades of progress in reducing poverty, according to the World Bank, which is warning that the global goal of eradicating extreme poverty by 2030 is now out of reach.
3 Nov 2022
Find these stories and much more when you grab a copy of The Guardian on Friday.⁣
4 Nov 2022
The foreign ministers of the world's wealthiest democracies are meeting in Germany to discuss further cooperation on Ukraine, dependencies on China and Russia, and Iran's police brutality.
19 Nov 2022
The European Commission’s energy supremo, Estonian Kadri Simson, recently visited Ukraine to discuss what can be done to help energy infrastructure damaged in Russian missile attacks. She details plans to transfer specialised machinery and devices to Ukraine through a dedicated fund. The Commissioner also updates us on the negotiations among EU member states on a possible price cap on gas imports – a potential response to Europe's energy crisis.
2 Dec 2022
The leaders of Germany and Norway have said they will propose that NATO plays a role in protecting undersea infrastructure like gas pipelines or fiber optic cables. This follows the sabotage of the Nord Stream pipelines.