Africa: Sub-Saharan Africa's Economic Performance Being Dragged Down By Nigeria, Angola, South Africa - World Bank
6 Articles
6 Articles
Africa: Sub-Saharan Africa's Economic Performance Being Dragged Down By Nigeria, Angola, South Africa - World Bank
"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.
World Bank Warns More Nigerians to Slip into Poverty by 2027
WASHINGTON, USA – The World Bank has raised alarm over Nigeria’s rising poverty rate, projecting that more Nigerians will fall into extreme poverty by 2027. According to the World Bank’s Africa Pulse report, the country’s poverty rate is expected to worsen by 3.6 percentage points within the next five years, deepening the socio-economic challenges facing millions of Nigerians. Released during the ongoing Spring Meetings of the International Mone…
More Nigerians Will Become Poor By 2027 – World Bank
The World Bank has projected that poverty in Nigeria will increase by 3.6 percentage points over the next five years, rising through 2027. This is according to the Bank’s Africa’s Pulse report, released during the ongoing Spring Meetings of the International Monetary Fund (IMF) and the World Bank in Washington, DC. The report paints a troubling outlook for poverty reduction in Nigeria, highlighting that despite some recent gains in economic acti…
Nigeria accounts for 15% of the world’s poorest, says World Bank
Nigeria is home to 19% of the extremely poor population in sub-Saharan Africa, the highest share across the region, according to the World Bank’s April 2025 Africa’s Pulse report. The post Nigeria accounts for 15% of the world’s poorest, says World Bank appeared first on Nairametrics.
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