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Jul
Jul
Still Struggling: Nigeria Lags Behind War-Torn Libya on World Bank Income Scale
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admin / 5 months
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- 2 min read
The World Bank has once again classified Nigeria as a lower-middle-income economy, placing it behind war-torn Libya and Gabon in its 2025/2026 country income report. While Nigeria retained its lower-middle-income status, countries such as Algeria, Botswana, Equatorial Guinea, Libya, Gabon, Mauritius and South Africa were ranked higher among upper-middle-income economies. According to the World Bank, […]