Togo will be the first landing for Google's new underwater internet cable infrastructure which will improve high-speed and affordable internet access to millions of people in Africa.
The undersea Equiano cable starts connections from Lisbon, Portugal to West Africa’s lome, Togo, then to Nigeria, before moving to Southern Africa.
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The average prices of bread and rice from January 2017 to January 2022 recorded 42 percent and 48 percent price hikes, respectively in Nigeria -NBS
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Nigeria's total debt stock of the country is likely to reach N45 trillion as there are plans to borrow an additional N6.39trillion to finance the 2022 budget deficit.
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2,119 companies operating in the country’s solid minerals industry owe the Nigerian Government over N2.76billion.-Nigeria Extractive Industries Transparency Initiative
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Lagos State has the highest number of food-insecure people in Nigeria which is a total of 1,780,194 people.-Food and Agriculture Organisation.
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The Inflation rate in Nigeria increases to 15.7% in February from 15.6% in January 2022.
The highest increase was recorded in prices of gas, liquid fuel, wine, tobacco, spirit, narcotics, solid fuels among others.
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The Nigerian passport ranked 98th out of 199 countries. This is below those of other African countries such as Malawi, Niger, Chad, Zimbabwe, Uganda, and The Gambia.- Henley & Partners
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The FMDQ Exchange has revealed that trading in the fixed income and currency (FIC) market has slumped back to 31.21 percent after December 2021.
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According to the Nigerian National Petroleum Company Limited, the three Nigerian refineries had a combined deficit of N123.64bn in nine months.
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