The new study underscores why the global goal of ending extreme poverty has been unattainable so far. It is now concentrated ...

The World Bank has warned that extreme poverty is growing rapidly in Nigeria and 38 other economies affected by conflict and instability, worsening hunger and pushing development goals further out of ...

Conflicts and related fatalities have more than tripled since the early 2000s, fueling extreme poverty, the World Bank said Friday. Economies in fragile and conflict-affected regions have become “the ...

Global growth is projected to slow to 2.3 percent in 2025, nearly half a percentage point lower than the rate that had been ...

The world’s most desperate countries are falling further and further behind, their plight worsened by conflicts that are ...

A new report by the World Bank has issued a stark warning: conflict and insecurity are driving a dangerous rise in extreme poverty, with Africa emerging as the hardest-hit region. More than 70% of the ...

The World Bank has warned that restrictive trade and investment policies adopted by many governments are threatening to choke off foreign direct investment, which remains critical to economic growth ...

Flows of foreign direct investments into Nigeria and other developing economies, a key propellant of economic growth and higher living standards, have dwindled to the lowest level since 2005 amid ...