FG Deductions Swallow 41% of N84 Trillion Revenue Starving States and LGs – World Bank
Nigeria’s federation revenues have surged to N84 trillion over the past three years, but a staggering 41% of this amount ...
Tag: poverty
World Bank Downgrades Nigeria’s 2026 Growth Forecast to 4.1%
The World Bank has lowered its economic growth projection for Nigeria in 2026 to 4.1%, citing the combined impact of ...
CBN Reports Progress in Inflation Control Amid Rising Food Prices
The Central Bank of Nigeria (CBN) announced on Saturday that its efforts to curb inflation through monetary policy tightening are ...
Global Economic Concerns Dominate IMF and World Bank Meetings in Marrakech
The annual meetings of the International Monetary Fund (IMF) and the World Bank concluded on Saturday in Marrakech, Morocco. The ...
Nigeria Misery Index Hits All Time High: A Deep Dive into the Challenges
Nigeria misery index hit 73.81 the highest ever recorded , ranking as the 4th miserable country in west Africa. The ...
NLC Demands 300% Salary Increase From FG.
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have criticized President Bola Tinubu's proposed N500 billion palliative ...
World Bank Warns of Fuel Subsidy Removal will push 4 Million Nigerians into Below Poverty Line.
The World Bank has raised concerns about Nigeria's soaring inflation rates, which have led to a significant increase in poverty ...
Ugandans Sue TotalEnergies Over Alleged Human Rights Violations in Massive Oil Projects.
Twenty-six Ugandans, along with five Ugandan and French aid groups, have filed a lawsuit against French oil giant TotalEnergies in ...
Africa’s Growing Enthusiasm for Technology Signals a Promising Future.
Africa has long been associated with poverty, health problems, and limited technological advancements when viewed from the outside. However, this ...
KPMG Predicts Petrol Subsidy Withdrawal Could Push Nigeria’s Inflation Rate to 30%.
KPMG, a multinational audit, tax, and advisory services firm, has warned that the ongoing withdrawal of petrol subsidies in Nigeria ...
