Category : Search result: Nigeria poverty rate


Naira Rate Gap Widens as Dollar Demand Rises

The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.

US Travel Ban: 2 Major Impacts on Nigeria

The US government has added Nigeria to its list of restricted countries, suspending key visas and shortening validity periods. Discover the full implications for Nigerian travelers.

FG Pushes States to Lead Disaster, Poverty Response

Federal Government mandates states to lead humanitarian and poverty reduction efforts. New 'One Humanitarian, One Poverty Reduction System' aims to harmonise interventions and boost accountability.

NLC Warns of Strike if Protest is Disrupted

Nigeria Labour Congress warns of a nationwide indefinite strike if Wednesday's Day of Protest is violently disrupted. The union cites intelligence on planned infiltration.

Nigeria's Literacy Rate: 70.4% with Huge Regional Gaps

Nigeria's literacy rate stands at 70.4%, but the national average hides a crisis. Imo State leads at 96.43%, while Yobe lags at just 7.23%. Explore the data, causes, and solutions for a more literate Nigeria.

Inflation Falls to 14.45% in November 2025

Nigeria's inflation rate declined to 14.45% in November 2025, down from 16.05% in October. Read the full NBS report on food and core inflation trends across states.

Nigeria's Inflation Eases to 14.45% in November

Nigeria's headline inflation rate fell to 14.45% in November 2025, a significant drop from 16.05% in October. The National Bureau of Statistics attributes the moderation to CPI rebasing. Read the full analysis.

Inflation Falls to 14.45% in November 2025

Nigeria's inflation rate declined to 14.45% in November 2025, a significant drop from October. The NBS CPI report details the monthly and yearly trends, including food and core inflation figures across states.

Naira resilient despite festive dollar demand surge

The Nigerian naira shows resilience against heightened US dollar demand during the festive 'Detty December' season. CBN's external reserves rise to $45.44 billion, providing crucial support. Experts analyze market dynamics and future outlook.

Naira Drops to N1,454/$1 Amid Festive Dollar Demand

The Nigerian naira weakened against the US dollar, closing at N1,454/$1 as festive season demand spikes. CBN data shows a weekly decline, though rising reserves offer hope. Full analysis inside.

Naira Falls as CBN Releases New FX Rate, Gap Widens

The Naira faced fresh pressure on Thursday, depreciating in both official and parallel markets. The Central Bank of Nigeria's new rate shows a widening gap with the black market. Read the full analysis.

Senate Pushes for Structured Social Welfare to Reduce Poverty

The Nigerian Senate has advanced a bill to create a National Social Welfare Service, aiming to coordinate poverty alleviation programmes. The data-driven agency would manage cash transfers, food aid, and stipends. Read more on this crucial legislative ste

Mr P: Poverty, Not Death, Is My Greatest Fear

Nigerian singer Peter Okoye, aka Mr P, opens up about his deep-seated fear of poverty stemming from childhood trauma and addresses the P-Square split. Read his full story.

FG Sets 2026 Budget Exchange Rate at N1,512/$1

The Federal Government has announced a N1,512 to $1 exchange rate for the 2026 budget. Discover the key projections for oil, revenue, and spending in the new fiscal framework.

Why Nigeria's Divorce Rate Keeps Rising - Experts

Marriage counsellors link Nigeria's high divorce rate to rushed unions and lack of emotional readiness. Learn the key factors and solutions discussed at the Single Ladies Conference Abuja.

Mr P Opens Up on Childhood Poverty Trauma

Nigerian music star Mr P of Psquare shares his harrowing childhood story of living eight in one room and having his home demolished. He reveals why poverty, not death, remains his greatest fear.

Christmas Cash Demand Hits New Highs in Nigeria

Nigerians are scrambling for physical cash ahead of Christmas, driven by fears of ATM downtimes. The CBN tightens oversight as over N4.4 trillion remains outside banks. Read the full analysis.

Reps Probe Missing ₦30bn NSIPA Funds

The House of Representatives investigates the whereabouts of over ₦30bn recovered from NSIPA, demanding its release to restart vital poverty-alleviation programmes. Read the full story.

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