Click to download Commodity Markets Outlook, January 2016 by the World Bank January 26, 2016/World Bank The World Bank is lowering its 2016 forecast for crude oil prices to $37 per barrel in its latest Commodity Markets Outlook report from $51 per barrel in its October projections. The lower forecast […]
Tag: World Bank
Nigeria puts $300 million World Bank cash into mortgage agency
Nigeria has put $300 million worth of World Bank aid money into a mortgage-backed guarantee that it hopes will boost lending via the creation of a secondary market, the finance ministry said on Wednesday. Africa’s most populous country and second biggest economy suffers a woeful housing shortage, with somewhere between […]
CBN, IFC to establish asset collateral registry
A member of the World Bank group, the International Finance Corporation, is collaborating with the Central Bank of Nigeria and the Ministry of Industry, Trade and Investment to establish asset collateral registry in the country. The IFC Country Manager for Nigeria, Mr. Solomon Adegbie-Quaynor, who made the disclosure in Lagos […]
