Nigeria: More Nigerians to Sink Into Poverty By 2027 - World Bank

Nigeria: More Nigerians to Sink Into Poverty By 2027 - World Bank

"Importantly, poverty in resource-rich, fragile countries (which include large countries like the Democratic Republic of Congo and Nigeria) is expected to increase by 3.6 percentage points over 2022-27, being the only group in the region with increasing poverty rates."

NACCIMA speaks on how Nigeria can prevent World Bank’s poverty growth forecast

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has urged the Federal Government to target economic

Wanted: A Multi-dimensional Insecurity Offensive - Global Upfront Newspapers

By  Sonala Olumhense As you may already have heard, the World Bank this week in Washington, DC, warned that poverty in Nigeria will increase by a whopping 3.6 percentage points by 2027. That time span covers President Bola Tinubu’s first term and the beginning of his “Grab it, snatch it,...

Finance Minister: Nigeria Needs 7% GDP Growth to Reduce Poverty

Nigeria must achieve sustained GDP growth of about 7 percent if it hopes to meaningfully reduce poverty and raise the living standards of its citizens, says the Minister of Finance and Coordinating Minister of the Economy, Wale Edun. Edun made the comment while responding to questions at a press briefing following the conclusion of the […] The post Finance Minister: Nigeria Needs 7% GDP Growth to Reduce Poverty appeared first on Tekedia.

Analysis: Nigeria’s $2.64bn Surplus by 2030 Signals Fiscal Unrest

By Daniel Adaji Nigeria is projected to record a current account surplus of just $2.64bn by 2030—a sharp decline from the $17.1bn expected in 2024. This significant drop raises concerns over the fiscal pressures the next administration may inherit, three years into its tenure. Economist Shadrach Israel warned, “This level of surplus is far too narrow for a country of Nigeria’s size and import needs. It means the incoming government will likely …

In its latest economic report on the MENA region, published in April 2025, the World Bank warns about a worrying reality: 83% of Moroccan companies operate in informality. This figure, one of the highest in the region, illustrates the magnitude of the structural challenges that hinder the full expression of the kingdom's economic potential. ... This article Private economy hampered by informality, according to the World Bank, appeared first on D…