Nigeria’s poverty crisis deepens as 140 million struggle despite easing inflation

Poverty in Nigeria deepened sharply to 63 per cent in 2025, affecting an estimated 140 million people, even as inflation began to slow, highlighting a widening gap between macroeconomic gains and the lived realities of households, according to the World Bank. The alarming figure was disclosed in the Bank’s latest Nigeria Development Update (April 2026), […] read more Nigeria’s poverty crisis deepens as 140 million struggle despite easing inflation