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.
These moves, applauded by both the International Monetary Fund (IMF) and the World Bank, were sold to Nigerians as necessary steps toward economic stability.
Nigeria Set to Clear IMF Loan by 2029
Nigeria is on track to fully repay its International Monetary Fund Rapid Financing Instrument loan by 2029.
The latest repayment schedule published by the Fund on its website showed that the country had secured approval for an emergency...
Africa Must Stop Buying What it Already Has
Sidi Ould Tah
Pull Quote: The future is still ours to claim. But it will not be given. It must be built – by Africans, for Africans, with partners who respect our agency and match our ambition.
Across...
TI Nigeria, CISLAC Boss Rafsanjani Backs Probe of NNPCL, Calls for Comprehensive Oil Sector Audit
The Head of Transparency International (TI) Nigeria and Executive Director of the Civil Society Legislative Advocacy Centre (CISLAC), Comrade Auwal Musa Rafsanjani, has thrown his support behind calls for a...
World Bank Forecasts 3.6% Economic Growth for Nigeria
The World Bank has projected that Nigeria’s economy will grow by 3.6 per cent in 2025, building on an estimated expansion of 3.4 per cent in 2024, as key macroeconomic reforms begin to stabilise the business environment.
The...
