Federal Republic Of Nigeria
Is Nigeria one of the poorest countries in Africa? IMF ranks top 10 in 2025
The IMF report on Africa’s economy has identified the ten poorest countries in Africa which have the lowest gross domestic product (GDP) per capita in 2025.
Almost $6 billion lost to crypto investment scams in 2024 – FBI
Within the 12 months, crypto-related scams led to the loss of $9.3 billion, almost 70% growth from the year before. The report shows a massive grown in cybercrimes.
Income gap widens as new survey shows only 5% of Nigerians earn above N500k monthly
As inflation raises the cost of living across Nigeria, a new survey has revealed a widening gap between the rich and poor. It shows how much Nigerians really earn.
Another 21,000 employees to lose their jobs, as international chip manufacturer starts restructuring
In the last year, Intel has already trimmed its staff down from 124,800 to 108,900 employees. The latest layoff will shave off another 20% from the workforce.
Manufacturers’ fuel expenses cross N1 trillion amid rising electricity, fuel costs
Manufacturers are grappling with fuel expenses exceeding N1 trillion as rising electricity and fuel costs put a strain on production. Stakeholders explore the impact
Flight disruptions begin across Nigerian airports as union orders workers to begin strike tonight
The union had earlier issued an ultimatum to NIMET stating their demands. With the expiration of the ultimatum, strike commences tonight at all Nigerian airports.
No more N93,000/50kg bag: Dealers adjust prices as foreign rice hits Nigerian market
The price of rice has crashed from N93,000 in January to N65,000 per 50kg bag, caused by an oversupply from Nigeria due to the lifting of the export restrictions.
MultiChoice unveils new weekly subscription plans for DStv, GOtv
MultiChoice has introduced a weekly subscription plan dubbed Ka Weekie campaign to allow for accessibility and affordability for its subscribers.
Nigeria launches investigation into TikTok, Trucaller over data breach, may sanction platforms
The Nigerian Data Protection Commission (NDPC) has begun an investigation into the activities of TikTok and Trucaller regarding Nigerians' data breaches.
Federal Republic Of Nigeria
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