News

In a nation as richly endowed yet deeply unequal as Nigeria, poverty remains one of the greatest challenges of our time.
Mr. Ayo Olowookere is the President, Mortgage Banking Association of Nigeria (MBAN). In this interview with journalists, Olowookere, who doubles as the Managing Director of Imperial Homes Mortgage ...
The presidency has faulted the IMD over the assessment of Nigeria’s economic reforms, inflation, and poverty levels.
According to the World Poverty Clock, the poverty in the country is still rising with a negative escape rate of -5.8. At its current progression, Nigeria is expected to have 119,766,229 people ...
LONDON (Reuters) -Nigeria needs to adapt its 2025 budget to lower oil prices and scale up cash transfers to shield the most vulnerable parts of its population, the International Monetary Fund said on ...
Increasing revenues, establishing an effective budget framework, and scaling up the cash transfer system can all support ...
Nigeria’s fiscal outlook for 2025 is under serious threat, according to the International Monetary Fund, which has warned ...
The CDS, represented by the Chief of Defence Training, Rear Adm, Ibrahim Shetimma, called for a unified national approach to combating hunger and poverty, stressing their growing impact on Nigeria's ...
The current estimate of poor people that live in Nigeria was released by the World Poverty Clock in June with 44.2% of its current estimated 196 million population measured to be living on less ...
Poverty is even worse in Nigeria’s rural communities: 75.5% live on US$2.15 or less per day (based on 2017 prices). The average poverty rate for sub-Saharan African countries was 36.5% in 2024 ...
There is no doubt I hurt some people and I wish they would pardon me”, said former Nigerian president Muhammadu Buhari.