All posts tagged "GDP"

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  Egypt in talks with IMF, World Bank on loans

  Egypt needs help financing its budget deficit and has discussed obtaining as much as $6.2 billion in soft loans from the World Bank and the International Monetary Fund, Finance Minister, Samir Radwan said. Egypt, whose economy is...

  • Posted April 21, 2011
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  Agric Devt: World Bank Tasks Nigeria, Others

  Managing Director of the World Bank , Dr. Ngozi Okonjo-Iweala , has called on Nigeria and other African countries to adopt ideas that would enable the continent fully exploit its rich agricultural potential. A report from the...

  • Posted April 14, 2011
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  Interbank rates rise on NNPC withdrawal

  The current oil price spike, which is great news for oil producing countries, could be a double- edged sword and unsustainable, Managing Director, Financial Derivatives Company Limited, Mr Bismarck Rewane, has said. He also said Nigeria’s terms...

  • Posted April 11, 2011
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  FG may reduce recurrent expenditure to 6% of GDP

  The Federal Government may peg the recurrent expenditure of all ministries, departments and agencies of government at six per cent of the country’s Gross Domestic Product. A report of the Expenditure Review Committee, which was submitted to...

  • Posted April 7, 2011
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• NEXIM to provide N9b for solid minerals by 2015

  The Managing Director, Nigeria Export Import (NEXIM) Bank, Mr Robert Orya, has told the Miners Association of Nigeria that the bank will provide about N9billion of the solid minerals sector financing requirement by 2015. Its Head of...

  • Posted March 28, 2011
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• Japan’s economic slowdown temporary, says World Bank

  JAPAN’S devastating earthquake and tsunami will depress growth briefly before reconstruction kicks off and gives the beleaguered economy a boost, the World Bank said in a report yesterday. It was too early to make accurate estimates, the...

  • Posted March 22, 2011
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• Inflation biggest threat in 2011, says Khan

  INFLATION has been identified as a key threat to the nation’s economy in 2011, even as it has remained static but on the high side in recent years. This was made known at a media forum with...

  • Posted March 21, 2011
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