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According to the World Bank’s latest report, almost half of Nigerians live in poverty, driven by inflation that outpaces minimum wage growth. It notes that 46% of the population now …
World Bank: Nearly Half of Nigerians Living in Poverty Amid Rising Inflation Read More
Dr. Akinwunmi Adesina highlights Nigeria’s declining per capita GDP, exposing economic mismanagement compared to South Korea’s growth. Critics challenge the accuracy of these claims, as the government struggles with inflation …
Urgent Economic Reforms Needed to Rescue Nigeria’s Economy and Society Read More
The ICU has urged the Bank of Ghana to lower the corporate tax on rural banks, citing it negatively impacts operations. Additionally, concerns regarding locked-up funds and the financial status …
ICU Appeals for Reduction of Corporate Tax on Rural Banks Read More
The petrol crisis in Niger Republic is easing due to Nigeria supplying fuel, reducing prices from N10,000 to around N5,000 per litre. A delegation from Niger sought assistance from Nigeria, …
Petrol Crisis Eases in Niger Republic Following Nigeria’s Intervention Read More
The petrol crisis in Niger Republic is easing as Nigeria supplies petrol, reducing prices significantly from N10,000 to N5,000 per litre. This assistance follows diplomatic negotiations after Niger’s request for …
Easing of Petrol Crisis in Niger Republic Following Nigerian Supply Read More
Binance is embroiled in three legal cases in Nigeria, facing a potential $81 billion fine for allegedly harming the nation’s economy. The exchange is also involved in criminal cases related …
Binance’s Legal Challenges in Nigeria: An $81 Billion Case and More Read More
Malawi is facing unrest due to record-high inflation and economic challenges ahead of September elections. Protests have erupted as food prices soar, with essential goods becoming increasingly unaffordable. The government …
Surging Prices Spark Unrest in Malawi Ahead of Elections Read More
Senator Ned Nwoko asserts that social media platforms like TikTok and X could create 200,000 jobs for Nigerians by establishing local offices. He emphasizes that the Bill to Amend the …
Senator Ned Nwoko Advocates for Social Media Companies to Establish Offices in Nigeria Read More
Zimbabwe’s currency, the ZiG, has stabilized, but public confidence remains low as people prefer the US dollar for transactions. Justice Minister Ziyambi Ziyambi stressed the importance of changing public perceptions …
Zimbabwe’s Currency: Public Confidence Issues and Government Response Read More
South Africa is set to increase the VAT by 0.5% in the coming years, leading to a rise to 16% by 2026/27, which will significantly affect low-income households amidst rising …
South Africa Faces VAT Increase Amid Rising Living Costs Read More