Tag: Ukraine war

Economy

Inflation to push 15 million Nigerians into poverty –World Bank

The World Bank has said that inflation shock is projected to push about 15 million more Nigerians into poverty between 2020 and 2022. The Washington-based bank said this in its latest Nigeria Development Update report, titled, ‘The Continuing Urgency of Business Unusual’. The report read in part, “Overall, the ‘inflation shock’ is estimated to result […]

Economy

Nigeria, others face severe food crisis amid Ukraine war – Report

Nigeria and 44 other countries around the world are severely exposed to the Ukraine war-induced food crisis, a study by Boston Consulting Group, a global management consulting firm, has shown. BCG, in a report titled, ‘The war in Ukraine and the rush to feed the world’, said it explored in detail, the multiple direct and […]