WATCH: World Bank warns of 'darkening skies' for a global economy. ICYMI WorldBank Economy
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World Bank Warns Of ‘Darkening Skies’ For Global EconomyThe World Bank is warning of increasing risks, or what it calls “darkening skies”, for the world economy. In its annual assessment of global prospects the Bank predicts continued, though somewhat slower, growth this year and next. The Bank’s forecast for the global economy is expansion this year of 2.9% and 2.8% in 2020. But […]
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Okonjo-Iweala eyes World Bank presidency | The Guardian Nigeria Newspaper - Nigeria and World NewsNigeria’s former Minister of Finance, Prof. Ngozi Okonjo-Iweala has renewed her interest in vying for the post of World Bank’s President. Okonjo-Iweala, in an interview with Richard Quest on Cable News Network (CNN), disclosed this yesterday in Davos, Switzerland. She said: “I know that, because I contested the last time in 2012, and many people …
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Absa Bank rules out Nigerian bank acquisition - Vanguard News NigeriaSouth African leading commercial bank, Absa (Amalgamated Bank of South Africa) has ruled out the acquisition of a Nigerian bank in the pursuit of its aggressive growth strategy. Absa’s Chief Executive Officer, Maria Ramos, disclosed this to Reuters on the sidelines of the World Economic Forum in Davos yesterday.
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Aceess Bank gets CBN, SEC’s approval to acquire Diamond Bank - Vanguard News NigeriaAccess Bank and Diamond Bank Plc have obtained approval in principle from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) on proposed merger plans.
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LCCI Urges World Bank To Review Ease Of Doing Business IndicatorsThe Lagos Chamber of Commerce and Industry (LCCI) said the World Bank needs to review the indicators for composition of the Ease of Doing Business Index to reflect the reality of each country. Director-general of LCCI, Mr. Muda Yusuf, said this in an interview with LEADERSHIP in Lagos, yesterday. He noted that a country-specific criteria […]
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South Africa’s Economy To Grow To 1.3% In 2019 -World BankThe World Bank says South Africa’s economic growth will accelerate to 1.3 per cent in 2019 from an estimated 0.9 per cent in 2018. The World Bank, in its latest report on Tuesday cited the implementation of structural reforms announced in 2018 for the growth. The bank also projected South Africa’s economic growth at 1.7 […]
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Okonjo-Iweala Eyes World Bank President PostNigeria’s former Minister of Finance, Ngozi Okonjo-Iweala has made her intentions of vying for the post of World Bank’s President known. Okonjo-Iweala, in an interview with Richard Quest on Cable News Network (CNN), made this known in Davos, Switzerland. She said: “I know that, because I contested the last time in 2012, and many people […]
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Okonjo-Iweala 'ready' to be World Bank president - Daily Post NigeriaNigeria's former Minister of Finance, Ngozi Okonjo-Iweala, has said she is ready to lead the World Bank, if nominated for the job. Okonjo-Iweala stated thi
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