Hundreds of Nigerians have taken to the streets of Lagos to call for a change of government over the state of the economy.
“Unemployed people are hungry and angry. Government of the rich, for the rich, making rules for the poor,” the protesters chanted.
In response to the protest, the Acting President of Nigeria, Yemi Osinbajo, through his Senior Special Assistant on Media and Publicity, Laolu Akande has said: “We hear you loud and clear.”
Nigeria is in its first recession in 25 years. The economy contracted by 2.1% while inflation had increased to 17.1%.
the country’s economy which relies greatly on oil revenues slumped into recession in 2016 due to a plunge in oil prices paired with a low crude output caused by the insurgency in the Niger Delta region. As a result, businesses and the cost of living in the country were negatively affected.
Anita Fatunji
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...
This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...
Investment bank BCID-AES established in Bamako Bank aims to fund infrastructure, agricultur...
Standard Bank extended a USD 138 million facility to STEP, acting as sole arranger and advisor to ...
Carrefour to enter Ghana retail market in 2026 via franchise Shoprite Ghana stores to be rebranded Carrefour from April 2026 Plan includes opening...
(HUAWEI) - Huawei Northern Africa concludes today the Huawei Northern Africa Inclusive Energy Summit 2025 at the Four Seasons Hotel in...
Malawi plans state takeover of majority fuel imports to curb shortages NOCMA to import about 60% of fuel in 2026-27 Private importers remain active...
Ethio Telecom to extend telehealth services to 200 more hospitals Expansion aims to cut costs and improve healthcare access Rollout supported by 4G,...
Palm Hills Developments signs agreement with Marriott International to introduce the St. Regis brand in West Cairo. Project to include a luxury...
(FEZ–MEKNES REGION) - As AFCON 2025 approaches: the Fez-Meknes region is emerging as one of Morocco’s most strategic tourism hubs, offering strong...