Lagos State has been ranked 139 out of 140 in the list of most liveable cities in the world in the first quarter of 2021. This makes Lagos the second-worst city to live in the world today.
According to the data, Lagos is only next to Damascus, Syria as the worst city to live in the world, and worse than Algiers (Algeria) and Tripoli (Libya).
The data is compiled by the Economist Intelligence Unit (The EIU), the research and analysis division of The Economist Group, the sister company to The Economist newspaper.
The data is based on a survey collected between February 22nd to March 21st, 2021, and looked at issues such as border closures, ability to handle health crisis, and roll out of vaccinations. To rank the cities, the report focuses on five broad categories: stability, healthcare, culture and environment, education, and infrastructure. Every city is assigned a rating for relative comfort for over 30 qualitative and quantitative factors across the categories.
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Place/Date: Hong Kong - May 26th, 2021 at 4:00 pm UTC · 6 min read
Consumers are increasingly adopting cashless payment methods while governments are stepping up planning or piloting of central bank digital currencies (CBDCs) and companies are experimenting with accepting open-source digital currencies, such as Bitcoin, for treasury or portfolio allocation.
A cashless trend was already strong, according to the previous year’s research but in 2021, covid-19 prompted more movement away from physical cash. In 2020, only about 72% of respondents said that their country was likely to become a cashless society; that grew to over 81% this year. Meanwhile, the percent of respondents believing their country would never become cashless, saw a stark drop from 28% to 19%.