Economist: Nigeria’s Poverty Rate Likely to Surpass World Bank’s 104 Million Estimate
Economists have cautioned that Nigeria’s poverty rate may soon exceed the 104 million figure projected by the World Bank for 2023, given the recent rise in petrol prices and ongoing food supply issues. According to the World Bank’s 2023 report, the poverty rate in Nigeria had risen to 46%, equating
Nigeria, China seal $3.3B Brass Industrial Park deal
Nigeria and China have finalized a $3.3 billion agreement to develop the Brass Industrial Park and Methanol Complex in Bayelsa State. On Friday, Mr. Mohammed Manga, Director of Information and Public Relations at the Federal Ministry of Finance, announced that the agreement was signed during the Africa-China Conference in