The World Bank has projected that Nigeria will see a significant rise in poverty levels over the next five years, with more citizens expected to fall below the poverty line by 2027.This forecast was ...

The World Bank on Thursday projected that poverty in Nigeria will increase by 3.6 percentage points over the next five years, ...

Poverty remains one of South Africa’s most serious challenges. Despite being a country rich in resources, many people still live in poor conditions. High unemployment, low education levels, and ...

The former Anambra State governor emphasised that the fate of a nation is closely tied to the quality of its leadership.

"Excluding these countries, the rest of the subcontinent is expected to grow at 4.6 percent in 2025 and speed up to 5.7 percent in 2026-27," the World Bank said.

According to the Bretton Woods institution, regional growth is expected to reach 3.5% in 2025 and further accelerate to 4.3% ...

The International Monetary Fund (IMF) has expressed concern over the high poverty rate and food insecurity in Nigeria, ...

Sub-Saharan Africa, including Nigeria, will pay $20bn in debt interest in 2025, largely owed to private creditors, World Bank Says.

World Bank noted that sub-Saharan Africa has the highest extreme poverty rate globally, with a large share of the poor concentrated in a few countries.

"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 ...

Economic growth in Sub-Saharan Africa is showing some resilience despite uncertainty in the global economy and restricted ...