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News Update
10 Tinubu Ministers You’ve Probably Never Heard of
The Tinubu administration is facing significant challenges. One year into his four-year tenure, notable achievements have been elusive. A year…
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Crypto
Canada Fines Binance $4.38 Million for Money Laundering Violations
In a significant development, Canada has levied a hefty fine of $4.38 million against Binance, one of the world’s largest…
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Crypto
4 Ways to Sell Your Cryptocurrencies and Other Crypto Assets In Nigeria
In recent times, regulatory shifts by the Central Bank of Nigeria (CBN) have reshaped the cryptocurrency trading scene in Nigeria,…
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Finance
Debt Service Claims 70% of Nigeria’s Dollar Outflow in Q1, 2024
In the first quarter of 2024, Nigeria grappled with the weighty burden of debt service payments, which accounted for a…
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Finance
Airtel Africa profit plunges 112% on currency devaluation In Nigeria, Malawi, Others
Airtel Africa, Nigeria’s second largest telecoms company has reported significant financial setbacks due to currency devaluations in several of its…
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News Update
Togo’s President Signs New Constitution Eliminating Presidential Elections
Togo’s president has signed a new constitution eliminating presidential elections, his office said late Monday, a move that opponents say…
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Finance
Why does the Central Bank of Nigeria want POS operators to register, and what’s the 0.5% cybersecurity levy for?
Banks in Nigeria will begin charging a 0.5 percent cybersecurity levy on every electronic transfer made by individuals. These charges…
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Uncategorized
NERC Approves Upgrade of 60 Additional Feeders for EKEDC, Total Now 134
The Nigerian Electricity Regulatory Commission (NERC) has given the green light for the upgrade of 60 additional feeders for the…
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Finance
IMF Gives Nod as Congo Inches Closer to Historic Loan Program Completion
The Democratic Republic of Congo (DRC) received a positive review from the International Monetary Fund (IMF) on Wednesday in a crucial step…
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Finance
Nigeria’s Cash Transfer Scheme Shows Little Impact on Household Consumption, Says World Bank
The World Bank has said Nigeria’s conditional cash transfer scheme aimed at bolstering household consumption and financial inclusion is largely…
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