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Nigeria’s gross domestic product, GDP, grew by 2.25% year-on-year in Q3 2022, marking the slowest growth since the Covid-19 pandemic.
According to the National Bureau of Statistics, the Q3 2022 growth rate decreased by 1.78% points from the 4.03% growth rate recorded in Q3 2021 and 1.29% points relative to 3.54% in Q2 2022.
It added that the slow growth is attributable to the base effects of the recession and the challenging economic conditions that have impeded productive activities.
Adidas has launched an investigation into reports that rapper Kanye West created a toxic environment when he was working with the brand. Rolling Stone reported claims from some workers on the Yeezy collaboration, saying he showed them explicit pictures and videos as part of bullying tactics. Adidas said it did not yet know whether the allegations have any merit.
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