Despite efforts to expand Nigeria’s tax net and improve revenue generation through various reforms, over 110 million ...

"At present, the best-performing sectors of the economy, like finance and ICT, while important as drivers of growth, are not sources of mass employment, and the vast majority of Nigerians do not have ...

The World Bank has cautioned that Nigeria’s current economic growth rate may be too slow to meet the federal government’s ...

Nevertheless, poverty remains high and inflation is expected to remain over 20% through the year. The report comes amid a ...

Things are hard and getting harder for the majority of Nigerians. Despite government’s assurances that things will improve ...

Nigeria’s Prosperity Gap — the average factor by which individuals’ incomes must be multiplied to attain a prosperity ...

The World Bank has said that Nigeria must accelerate its economic growth and focus on more productive sectors to meet the ...

NIGERIA DEVELOPMENT UPDATE (NDU) - May 2025 Edition: The pace of growth in Nigeria needs to accelerate further to meet its aspirations and deliver poverty reduction and shared prosperity. The economy ...

The World Bank has raised a fresh concern over the rising poverty in Nigeria, saying that a staggering 75.5 per cent of rural dwellers live below the poverty line. The World Bank stated this in ...

Nigeria’s poverty crisis has become politicised, and those who speak the truth are often gaslighted or attacked. Comparisons with other countries underscore the poor choices made.

The pace of growth in Nigeria needs to accelerate further to meet its $1 trillion economy aspiration and deliver poverty reduction and shared prosperity, the World Bank has said. The bank said the ...