Nigeria to contribute over 25% to Africa’s GDP by 2020

Africa’s biggest economy, Nigeria, is to contribute over 25 per cent to the continent’s economic growth in the next four years. According to a new report, the country’s contribution is benchmarked at an average rate of 4.8 per cent yearly leading to year 2020. The document, which was made available yesterday to The Guardian by the Institute of Chartered Accountants […]

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Share of world living in poverty to fall below 10% says World Bank

The World Bank has said that for the first time less than 10% of the world’s population will be living in extreme poverty by the end of 2015. The bank said it was using a new income figure of $1.90 per day to define extreme poverty, up from $1.25. It forecasts that the proportion of the world’s population in this […]

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