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Tag: Global Poverty Lines

Nigeria ranks 109 of 125 in Global Hunger Index report
News

Nigeria ranks 109 of 125 in Global Hunger Index report

Nigeria has been positioned at 109th out of 125 countries in a recent global hunger index report, indicating a notable challenge with hunger within the country’s population. “The GHI is intended to raise awareness and understanding of the struggle against hunger, provide a way to compare levels of hunger between countries and regions, and call […]

Naira fall'll worsen Nigeria’s food, energy crisis — W’Bank
News

More Nigerians’ll fall into extreme poverty, World Bank predicts

The World Bank has predicted that more people in Nigeria and its Sub-Saharan neighbours are expected to fall into extreme poverty. According to a report obtained via a World Bank newsletter on Friday, titled, “Global Economic Prospects,” Russia’s invasion of Ukraine and its effect on the commodity market, supply chains, inflation, and financial conditions have […]

World Bank punishes Nigerian firms, individuals for corruption
Economy

World Bank to review poverty index over inflation, others

The World Bank plans to revise the global poverty line from $1.90 to $2.15 due to increases in the costs of basic food, clothing, and shelter across the world. This was contained in a Fact Sheet post titled ‘An Adjustment to Global Poverty Lines’, which was published on the bank’s website on Monday. The post […]