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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Nigeria Economy

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Africa

Nigerian workers plan cost-of-living strike

Nigerian labour unions will embark on a two-day strike on Tuesday against the spiralling cost of living. According to the BBC, inflation in Africa's largest economy is at almost 30% whilst the local currency, the naira, is rapidly depreciating. Electricity shortages are compounding the hardship. The African Development Bank has warned that conditions are ripe for social unrest.

todayFebruary 27, 2024 6

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Africa

Africa’s billionaire club hits $82.4 billion

Aliko Dangote from Nigeria is Africa's richest person for the 13th year in a row, says Forbes magazine. Even though Nigeria's economy is struggling, Dangote's wealth went up by $400 million last year to $13.9 billion. The Forbes list has 20 billionaires from Africa, worth a total of $82.4 billion. According to the BBC, South Africa, and Egypt have the most billionaires on the list. Johann Rupert from South Africa […]

todayFebruary 6, 2024 150

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