Nigeria is on the brink of increasing its national minimum wage. Yesterday, the country’s legislature approved a bill raising the minimum wage from ₦30,000 to ₦70,000. While this adjustment marks a positive step forward for Nigerian workers, the nation still lags behind countries like Seychelles, Morocco, and Libya in terms of minimum wage standards in Africa.

In today’s midweek update, we look at:

• African startups hit hard as Mercury cuts ties with 13 African countries
• Why Nigeria fined Meta $220 million for data breach
• Starlink eyes Liberian launch after Presidential meeting

African startups hit hard as Mercury cuts ties with 13 African countries

Last updated: December 22, 2024