As Nigeria’s economic challenges deepen, many citizens are preparing for difficult months ahead, with plans to rely heavily on borrowing and depleting their savings to meet financial obligations. This trend is highlighted in the Central Bank of Nigeria’s (CBN) July 2024 Household Expectations Survey, which reveals a growing sense of pessimism among Nigerian consumers about … Read more
Starlink, the Low-Earth Orbit (LEO) satellite internet service by SpaceX, is now operational in Botswana. This development adds the country to the growing list of African nations adopting Starlink to improve their internet infrastructure. The service aims to provide high-speed internet to underserved and remote regions, promising significant benefits for Botswana’s digital landscape. Botswana has … Read more
Ethiopian Airlines, Africa’s largest carrier, is leasing planes to keep up with its ambitious expansion plans due to significant delays in aircraft deliveries from Boeing Co. The Addis Ababa-based airline has been waiting for several months for the arrival of its much-anticipated Boeing 737 Max jets and 777 freighters, creating a ripple effect on its … Read more
The Nigerian government recently announced a new policy setting the minimum age for the Joint Admissions and Matriculation Board (JAMB) examination, which is required for entry into tertiary institutions, at 18 years and above. This decision has sparked widespread criticism, particularly from Atiku Abubakar, a prominent opposition figure and former Vice President, who ran against … Read more
Former President John Dramani Mahama has voiced concerns over a growing trend in Ghana where a significant portion of the population sees military rule as a preferable option to democracy. Mahama, who is also leading the National Democratic Congress (NDC) in the upcoming 2024 general elections, addressed this issue during his keynote speech at the … Read more
Burkina Faso has taken a significant step by nationalizing two contentious gold mines following a legal dispute involving Endeavour Mining Plc and Lilium Mining. This decision marks a pivotal moment in the country’s efforts to assert greater control over its natural resources, in line with a broader trend observed across Africa. The resolution of the … Read more
Canada has introduced a new policy aimed at reducing the number of temporary foreign workers allowed into the country by tens of thousands. This move is part of the government’s strategy to limit the number of temporary residents permitted entry. The Canadian government is reversing some of its 2022 immigration policies as it seeks to … Read more
In August 2024, I conducted in-depth research on the so-called moneymaking opportunity known as the Profitable Messages Telegram app. After a thorough investigation, it became clear that this scheme was merely the latest version of a long-running and dangerous online scam. Various aliases for this scam include Profitable Messages, New Profession, Bot Profitable Messages, and … Read more
In a significant move to enhance user safety across its platform, TikTok has launched its first-ever Safety Advisory Council for Sub-Saharan Africa and expanded its #SaferTogether community education campaign. These initiatives mark a crucial step in TikTok’s commitment to providing a secure and positive environment for its users across the region. A Collaborative Effort: The … Read more
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 … Read more