Shrinking Of Economy: Experts Warn Of Mass Poverty, Predict Recession In Q3     The Managing Director, Financial Derivatives Company Limited, Bismarck Rewane, has said that the Nigerian economy will slide into a technical recession in the third quarter of 2020. Rewane who spoke with one of our...

World Bank: Coronavirus Crisis Could Push 60million People Into Extreme Poverty   The coronavirus pandemic could push as many as 60 million people into extreme poverty, the World Bank said on Tuesday. The warning suggests deepening pessimism among economists about the scale and duration of the fallout...

18 States Worse Hit By Poverty - AfDB   Poverty rate in more than half of the 36 states of the nation is above the national average of 69 per cent, the African Development Bank has said. The bank said this in its African Economic Outlook 2020...

World Bank To FG: Reform Now To Avoid Extreme Poverty   The World Bank has said the number of Nigerians living in extreme poverty may increase by more than 30 million by 2030 and the country will be home to 25 per cent of the world’s...

Analysts Task FG On Growth-enhancing Policies To End Poverty Financial market analysts have advised managers of the nation’s economy to implement additional growth-enhancing policies that would take more Nigerians out of poverty. The latest report issued by the International Monetary Fund (IMF) painted the short-term forecast...

FG Commits N500bn To Poverty Alleviation The Federal Government is putting the sum of N500 billion into wealth creation and poverty alleviation, Vice-President, Prof. Yemi Osinbajo, has said. Osinbajo featured at the question and answer session of the 58th Annual General Conference of the Nigerian Bar...