Tag: World Bank

Regional Economic Growth to ease 7.6% in 2014-Report

-As World Bank IMF Set for Spring Summit By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The World Bank Monday projected a regional economic growth that will ease to 7.6 percent (7.6%) in 2014 from 7.8% in 2013 as its sets with the International Monetary Fund (IMF) for its annual spring meeting. The […]

Single-digit inflation depends on monetary easing —Analysts

Analysts and stakeholders have called for monetary easing by the Central Bank of Nigeria as the average inflation rate forecast for 2013 is in single digit, Ademola Alawiye writes Efforts by the Central Bank of Nigeria to attain a single-digit inflation rate finally came to pass last week as the […]

IFC Issues N12bn Nigeria Local Currency Bond

The World Bank’s private sector arm, the International Finance Corporation (IFC) has issued N12 billion ($75 million) of its debut Nigeria local currency bond. Reuters  Tuesday quoted a banker who had knowledge of the deal to have disclosed that the fixed income instrument had a yield of 10.2 per cent. […]