Nigeria has retained its status as a lower middle income (LMI) country. The classification is part of the World Bank’s annual country classifications by income level for the period of 2024-2025.

The 70 low-income countries (LICs) in the IMF’s membership experienced steady but modest growth in 2024, with marked divergence across countries. While 11 of the 20 fastest-growing countries in 2024 ...

Is the B40, M40, T20 income classification outdated? A recent working paper by Khazanah Research Institute (KRI) reveals that ...

Background While C-section (CS) deliveries exhibit significant socioeconomic inequalities in low- and middle-income countries ...

Since 2000, 39 low-income countries have graduated to middle-income status. But the 26 low-income countries today face more daunting prospects for economic growth. Under current trends, only six are ...