WORLD BANK SAYS NIGERIA NEEDS $2.4BN TO FIGHT POVERTY

The World Bank’s latest Finance and Prosperity 2024 report has revealed that Nigeria will require an estimated $2.4 billion, equivalent to about 0.6 per cent of its Gross Domestic Product (GDP), to shield its households from falling into poverty after experiencing a climate shock. This projection shows the severe financial impact that climate-related events, such…

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AGRICULTURE COMBINED WITH THE SERVICES AND MANUFACTURING SECTORS TO PUSH NIGERIA’S GDP BY 3.19% IN SECOND QUARTER 

Despite complaints that the huge investments in the agricultural sector did not yield the desired outcome, the sector is said to have contributed to the national gross domestic products GDP in the second quarter of this year. This is the submission on Monday of the National Bureau of Statistics (NBS), which said that Nigeria’s Gross…

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