By Ajibola Olaide, JKNewsMedia Reporter THE 2026 Global Multidimensional Poverty Index has exposed a sharp reversal in poverty reduction, with 17.9 million additional people in Nigeria falling into multidimensional poverty between 2021 and 2024, the largest increase recorded globally among countries with comparable data. JKNewsMedia.com repor...
By Steve Osuji  IT IS a heinous crime to humanity no doubt. In ordered climes, he would be in jail already for vicarious economic malfeasance. Or at the least, he would be hounded into a one-way exile, never to return to the land he desecrated and abused exceedingly. Olawale Edun was Nigeria’s Minister of Finance […]
By Jemimah Wellington, JKNewsMedia Correspondent WORSENING LIVING conditions in Nigeria are driving millions deeper into extreme poverty, the World Bank has warned, placing the country among 39 fragile and conflict-affected states experiencing severe socio-economic decline. In ITS recent post-pandemic review, the World Bank identified Nigeria ...
By Ajibola Olaide, JKNewsMedia Reporter THE WORLD Bank has forecast a troubling increase in poverty levels in Nigeria over the next five years, projecting a rise of 3.6 percentage points by 2027. The projection, revealed in the Bank’s latest Africa’s Pulse report, comes during the ongoing Spring Meetings of the International Monetary Fu...
By Joke Kujenya POVERTY CONTINUES to be a pressing global issue, with over 1.1 billion people struggling to meet basic needs. The latest findings from the 2024 Multidimensional Poverty Index (MPI) report highlight that conflict and instability are major barriers to reducing poverty, particularly in war-torn regions. The report, published by th...
