Magazine
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Zimbabwe’s New Gold-Backed Currency Saw 50% Devaluation in Six Months
Less than six months after Zimbabwe introduced the ZiG, or Zimbabwe Gold, as its latest currency, the Southern African country…
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Nigerian Authorities Drop Charges Against Binance Executive Who Has Been in Detention Since April
Nigerian authorities have officially dropped charges against Tigran Gambaryan, an executive at Binance Holdings, who had been facing allegations of…
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Canadian Woman Sentenced to 11 Years for Importing Cannabis into Nigeria
On Wednesday, October 23, 2024, a Federal High Court in Lagos sentenced a 41-year-old Canadian woman, Adrienne Munju, to 11…
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Top 10 Cities with the Most Centi-Millionaires in the World
As global wealth continues to accumulate at unprecedented rates, cities around the world are becoming hubs for the ultra-wealthy. Centi-millionaires,…
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South Africa Tops Africa’s Largest Economies, Nigeria’s GDP Projected to Decline to $199.72 Billion by End of 2024 – IMF Report
The International Monetary Fund (IMF) World Economic Outlook (WEO) report for October 2024 has projected that Nigeria will end the…
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Nigeria Loses N13 Trillion to FX Subsidies, Says World Bank
According to a new report by the World Bank, Nigeria incurred a staggering loss of N13 trillion due to foreign…
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Oil Import Surge Challenges Dangote Refinery’s Capacity
Over the weekend, at least four vessels carrying petroleum products arrived at Nigeria’s borders, raising questions about the capacity of…
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Blackout Across Nigerian Cities As National Grid Suffers Major Setback
In a frustrating and familiar situation, Nigeria is grappling with a nationwide blackout following the collapse of its national grid…
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BRICS Nations Expected to Surpass Global GDP Growth in 2024 – Putin
Russian President Vladimir Putin has predicted that the BRICS nations will see higher economic growth than the global average by…
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African countries that have legalized cannabis cultivation for industrial, medicinal purposes
As the global demand for medical cannabis continues to grow, several African countries have shifted their stance on cannabis cultivation.…
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