As of August 26, 2024, the exchange rate between the US dollar and the Nigerian naira on the black market, also known as the parallel market or Aboki FX, is recorded at 1 USD to ₦1,610. This figure offers a glimpse into the current state of Nigeria’s currency outside the formal banking system, highlighting the…
The Dangote Refinery, touted as the world’s largest single-train refinery, has entered a crucial phase of its development. This facility, located in Lagos, Nigeria, is not just a remarkable feat of engineering but also a potential game-changer for the nation’s energy sector and the broader African economy. The refinery has now commenced test runs for…
MSport, Africa’s leading online gaming and betting platform, proudly announces a new and exciting partnership with Chelsea FC, establishing its role as the Official Betting Partner in Africa. MSport, renowned for its technical superiority, innovative features, and exceptional service quality, stands as the premier destination for online gaming enthusiasts across Africa. With a unique User…
Elon Musk’s SpaceX is set to officially launch its satellite internet service, Starlink, in Ghana by the end of August 2024. This highly anticipated development marks a major leap in Ghana’s technological landscape, promising to transform internet connectivity, particularly in underserved and rural regions. The National Communications Authority (NCA) has confirmed that Starlink’s operations will…
The online rivalry between Nigerians and South Africans has taken a new turn as citizens from both countries engage in a virtual prank war, using popular ride-hailing services like Bolt and Uber to inconvenience each other. This playful yet disruptive trend has seen individuals from both nations order rides in each other’s countries, only to…
Updating your National Identification Number (NIN) details in Nigeria has been made easier with the National Identity Management Commission’s (NIMC) online portal. This guide will help you navigate the process, ensuring your information is accurate and up to date, all from the comfort of your home. Why Update Your NIN Details? In Nigeria, your NIN…
Northern Nigeria is set to host its largest tech gathering, the Arewa Tech Fest, a multi State groundbreaking event poised to become one of the most significant technology festivals in Africa. The event, convened by Mallam Nasir El-Rufai CON, former Governor of Kaduna State, will bring together a diverse array of tech enthusiasts, entrepreneurs, innovators,…
Botswana has once again made headlines in the diamond industry with the discovery of a colossal 2,492-carat diamond, marking it as the second-largest rough diamond ever found. This remarkable find was unearthed at the Karowe mine, operated by Lucara Diamond Corp., a Canadian mining company. While the quality of the gem has yet to be…
The labor market is evolving faster than ever, with many of today’s jobs expected to disappear. According to a recent study by the World Economic Forum, two major factors are driving these changes: the rise of new technologies and automation, and the shift toward a green economy and sustainability. The rapid advancement of technologies like…
The Nigerian government has officially announced an increase in the cost of obtaining a Nigerian passport, with new prices set to take effect from September 1, 2024. According to a statement released late Wednesday, the price of a 32-page passport with a 5-year validity will rise from ₦35,000 to ₦50,000. Similarly, the 64-page passport, which…