Facebook’s largest user group, comprising nearly a third (29.9%), falls within the 25-34 age range. The age distribution includes 4.8% (13-17 years), 21.5% (18-24 years), 19.4% (35-44 years), 11.6% (45-54 years), 7.3% (55-64 years), and 5.6% (65 years and above). Below are the lists of sites own by Facebook. Meta-Owned Platforms: SocialHub Pixify ChatSphere Connect […]

The Central Bank of Nigeria (CBN) has refuted claims of any intentions to convert $30 billion deposits in domiciliary accounts to naira, dismissing the statement as untrue. An article on Saturday had suggested that the apex bank was contemplating a policy shift to transform foreign currencies in the domiciliary accounts of citizens into Naira, with […]

Importers had not yet embraced the foreign exchange (FX) rate of N1,356.883 imposed by the Central Bank of Nigeria (CBN) on the market last Friday. Surprisingly, the apex bank swiftly readjusted the exchange rate on the Customs platform to N1,413.62/$1. This revision of the exchange rate occurred within a mere 24 hours after the CBN […]

Ghana’s central bank implemented a significant reduction in its primary interest rate, decreasing it by 100 basis points to 29% on Monday. This marks the first instance of a rate cut since 2021, prompted by a consistent decline in inflation over the past five months, particularly in December. The nation has been actively restructuring its […]

In the realm of Nigerian business news concerning federal taxes, Taiwo Oyedele, the head of the federal committee for tax reform, emphasized the committee’s proposal for utilizing Unstructured Supplementary Service Data (USSD) and various digital platforms for tax and levy payments across the three tiers of government. During a public forum on Wednesday, Oyedele addressed […]

In the world of economy here in Nigeria, as of 2023 there was a record of over 24.5% Nigeria inflation rate but over this year, Nigeria is projected toward dropping at 21.5% if the government play their cards right. This was made clarified accordingly to the report launched in January 24 this year. The report […]

South Africa’s crypto regulator has stated that 50 license applications have been referred to the licensing committee for review, with the decision on their status to be announced in “a few weeks.” It is reported the South Africa’s Financial Sector Conductor Authority (FSCA) will issue licenses to crypto asset service providers (CASPs) in the next […]