With the emergence of Donald Trump as the 47th President of the United States of America 🇺🇸, a lot of things would happen globally. In relation to Nigeria, below are possible predictions to what may happen thereafter @Neferiti wrote below : “1. America will pump more oil. 2. Oil prices will drop. 3. Tariffs on
Food Insecurity: Number of hungry people in Nigeria to rise by 7million in 2025 – U.N
The United Nations (U.N) projects an increase of 7 million hungry people in Nigeria by August 2025. Nigeria is confronting one of its most severe hunger crises, with 33 million people projected to experience food insecurity in 2025—an increase of 7 million compared to this year—driven by economic hardship, according to a joint report from
Elon Musk’s Starlink to Invest in 3 States in Nigeria to boost connectivity
Elon Musk’s internet company, Starlink is setting up ground stations across Nigeria in a strategic move aimed at enhancing connectivity in the country. According to an insider source with knowledge of the project, the facilities are to be built on approximately 29,000 acres of land acquired in three states. The ground stations will be established in
#Paris2024 : The Many Ways Nigeria may Happen to you
Whenever you hear the phrase “Nigeria happened to him”,it’s never a nice word. Watching the ongoing #Paris2024 Olympics, you’d understand that unfortunate scenario where an Okeke Ifeanyi is adorned with a UK 🇬🇧 kits or Adeleke Rashidat is representing USA 🇺🇸 and so on… Unfortunately, most of them had to switch allegiance after Nigeria failed them.
Top 10 African Countries With Highest Number Of Hungry People
Business Insider Africa presents the top 10 African countries with the highest number of hungry people. This list is courtesy of the Hunger Hotspots report by the United Nations (FAO) and the World Food Programme (WFP). Countries mentioned on the list are at risk of facing even more food insecurity should the issues not be addressed.
The Embarrassing Visa fine Slammed on Nigerians by the UAE
Dear Nigerians, you may have heard the “pseudo – goodnews” of the UAE 🇦🇪 unbanning Nigeria visa…. Oh, another achievement abi?…. Unfortunately, it’s another shambolic “see-finish” and further spite on our already battered Visa. It’s obvious the UAE don’t want Nigerians. They reluctantly unbanned the Nigerian passport, but slammed a hefty N640,000 on Nigerians (who
Over 1 million Nigerians Plung into poverty yearly – World Bank report
Health-related expenses push over one million Nigerians into poverty every year, according to the World Bank’s Human Capital Public Expenditure and Institutional Review. The report provides an analysis of the financing and governance constraints affecting the delivery of basic education and primary health care in Nigeria. According to the report, Nigeria ranks poorly in Universal
Nigeria sinking into another debt trap
Nigeria is sinking deeper into another debt trap. This is after the country’s debt-to-GDP ratio recently crossed the 50 per cent threshold for the first time since 1991. The Bola Ahmed Tinubu administration inherited a debt-to-GDP ratio of 38 per cent. But fresh borrowings, securitisation of the Ways and Means advances, a failure to tackle
Peter Obi Bemoans the Mass Exodus Of Multinational companies from Nigeria
His Excellency, Peter Obi has Bemoans the unfortunate Mass Exodus of Multinational companies from Nigeria. He wrote below : “I am compelled to address the alarming exodus of multinational companies from Nigeria, which has cost our nation a staggering N95 trillion in the past five years. According to The New Telegraph, in the last year alone,
Word Bank lists conditions that may warrant cancellation of $1.5 billion loan to Nigeria
World Bank has warned Nigeria that it could cancel a $1.5 billion loan unless the country meets strict economic reform criteria, including fiscal transparency and VAT rate increases. Nigeria has taken initial steps like raising gasoline prices and launching cash transfer programs, but must fully comply with macroeconomic policies to secure the loan. The loan