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Nigeria Immigration Service Launches New Contactless Passport Renewal System for Nigerians Worldwide
ByIbson Bay November 1, 2024November 1, 2024

The Nigeria Immigration Service (NIS) has introduced a revolutionary new “contactless passport application system,” allowing Nigerians to renew their international passports entirely online. This innovative approach, launched today, enables citizens to complete the passport renewal process from the convenience of their homes, without the need for an in-person visit to any NIS office for capturing…

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Careers | Consumer Tech | News Update

Apple’s New MacBook Pro is Here: 12 Mind-Blowing Features You Can’t Miss
ByIbson Bay November 1, 2024November 1, 2024

Apple has just unveiled its latest MacBook Pro models, and this time, they’ve gone all out. With groundbreaking new hardware, stunning performance upgrades, and enhanced user experience features, this release has set a new standard in the laptop world. Whether you’re a creative professional, a developer, or a tech enthusiast, the new MacBook Pro is…

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Careers | Magazine

The Top 10 Biggest Mega Projects Currently in the World
ByIbson Bay November 1, 2024November 1, 2024

When it comes to human achievement, a new generation of mega projects is redefining what’s possible in engineering, urban design, and sustainable innovation. These vast undertakings span cities, factories, dams, and even entire countries, each designed to address global challenges or showcase visionary concepts. Below, we explore the ten most audacious mega projects currently reshaping…

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Finance | Latest | Magazine

Zimbabwe’s New Gold-Backed Currency Saw 50% Devaluation in Six Months
ByIbson Bay October 25, 2024October 25, 2024

Less than six months after Zimbabwe introduced the ZiG, or Zimbabwe Gold, as its latest currency, the Southern African country has been forced to devalue it. The move signals ongoing struggles in Zimbabwe’s efforts to establish a stable local currency and reduce its dependence on the United States dollar. The ZiG, launched in April 2024…

Read More Zimbabwe’s New Gold-Backed Currency Saw 50% Devaluation in Six Months
Careers | Crypto | Magazine | News Update

Nigerian Authorities Drop Charges Against Binance Executive Who Has Been in Detention Since April
ByIbson Bay October 25, 2024October 25, 2024

Nigerian authorities have officially dropped charges against Tigran Gambaryan, an executive at Binance Holdings, who had been facing allegations of money laundering. Gambaryan, who serves as the Head of Financial Crime Compliance for Binance, has been in detention since April 2024, but recent developments suggest the charges against him have been stepped down. Gambaryan, alongside…

Read More Nigerian Authorities Drop Charges Against Binance Executive Who Has Been in Detention Since April
Latest | Magazine | Policy and Regulation

Canadian Woman Sentenced to 11 Years for Importing Cannabis into Nigeria
ByIbson Bay October 24, 2024October 24, 2024

On Wednesday, October 23, 2024, a Federal High Court in Lagos sentenced a 41-year-old Canadian woman, Adrienne Munju, to 11 years in prison for importing 74 parcels of synthetic cannabis, known as ‘Canadian Loud,’ into Nigeria. The drugs, weighing 35.20 kilograms, were smuggled into the country through the Murtala Muhammed International Airport (MMIA), Lagos. The…

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ProKip Review: An All-in-One Business Management Solution for Africa
ByIbson Bay October 23, 2024October 23, 2024

As Africa’s business environment becomes more digitized, the need for comprehensive business management solutions has never been greater. ProKip is a standout solution tailored to meet the needs of businesses across different sectors, ranging from retail and wholesale to service-based enterprises such as restaurants, bars, schools, and hotels. Offering an array of features including bookkeeping,…

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Careers | Finance | Magazine

Top 10 Cities with the Most Centi-Millionaires in the World
ByIbson Bay October 22, 2024October 22, 2024

As global wealth continues to accumulate at unprecedented rates, cities around the world are becoming hubs for the ultra-wealthy. Centi-millionaires, individuals with a net worth of over $100 million, are concentrated in key metropolitan areas where finance, technology, and luxury thrive. According to a report by Henley & Partners, as of December 2023, the cities…

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Careers | Finance | Magazine | News Update

South Africa Tops Africa’s Largest Economies, Nigeria’s GDP Projected to Decline to $199.72 Billion by End of 2024 – IMF Report
ByIbson Bay October 22, 2024October 22, 2024

The International Monetary Fund (IMF) World Economic Outlook (WEO) report for October 2024 has projected that Nigeria will end the year with a Gross Domestic Product (GDP) of $199.72 billion. This development places Nigeria as the fourth largest economy in Africa, trailing behind South Africa, Egypt, and Algeria. Nigeria’s GDP projection reflects the ongoing economic…

Read More South Africa Tops Africa’s Largest Economies, Nigeria’s GDP Projected to Decline to $199.72 Billion by End of 2024 – IMF Report
Finance | Latest | Magazine | News Update

Nigeria Loses N13 Trillion to FX Subsidies, Says World Bank
ByIbson Bay October 22, 2024October 22, 2024

According to a new report by the World Bank, Nigeria incurred a staggering loss of N13 trillion due to foreign exchange (FX) subsidies over the past three years. The report emphasizes the importance of maintaining a unified exchange rate to correct the economic distortions caused by the previous administration’s multiple FX rates. The report reveals…

Read More Nigeria Loses N13 Trillion to FX Subsidies, Says World Bank