Category : Search result: Nigeria poverty rate


PwC: 62% of Nigerians May Be Poor by 2026

A new PwC report warns that 141 million Nigerians could be living in poverty by 2026. Learn the key factors driving this alarming projection and its implications for households.

Obi: Tax Reforms Must Not Punish the Poor

Peter Obi cautions the Nigerian government against imposing taxes that worsen poverty. He advocates for comprehensive, people-centered economic reforms to stimulate growth.

Obi: Taxing Poverty Undermines Nigeria's Growth

Peter Obi criticizes Nigeria's tax implementation, arguing it burdens the poor. He calls for a transparent system focused on production, not just revenue. Read his full statement.

CBN Reports Fastest-Growing Subsectors in 2025

Nigeria's economic recovery gained momentum in December 2025 with 32 out of 36 subsectors expanding, according to the CBN's PMI. The transportation equipment sector led growth. Discover the full economic outlook for 2026.

Gas Crisis Fuels Deforestation as Prices Soar

Despite vast gas reserves, soaring LPG prices force Nigerian households back to firewood and charcoal, deepening health risks and accelerating forest loss. Experts warn of a growing energy poverty crisis.

Farmers: Cashew Export Ban Could Worsen Poverty

Nigerian cashew farmers urge the government to drop the proposed export ban, warning it will cripple the non-oil sector and increase poverty. They call for local processing plants instead.

Apple Gift Card Prices in Nigeria 2026

Discover the latest 2026 rates for Apple Gift Cards in Nigeria. Learn how much a $100 card is worth in Naira, see the full price chart, and find the best platform to sell for instant cash.

Naira to Trade N1,470-N1,520/$1 in 2026, Say Experts

Economic analysts forecast a stable naira exchange rate in 2026, with the CBN prioritizing market confidence and reduced volatility over aggressive appreciation. Key projections and government expectations revealed.

CBN Intervention Boosts Naira, Dollar Rate Improves

The Nigerian naira staged a strong recovery on Monday after the Central Bank sold $150 million to dealers. The official rate appreciated to ₦1,456.56 per dollar, easing short-term pressure. Read the full analysis.

FCT records 300 major crimes in three months

FCT Police Command discloses 300 cases of kidnapping, armed robbery, and other crimes from Oct-Dec 2025. 160 suspects arrested, 32 victims rescued. Read the full breakdown.

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