In 2023, only 14 out of every hundred students who participated in Nigeria’s university entrance exam passed, indicating a crisis in the education system. The Joint Admissions and Matriculation Board (JAMB) and the West African Examination Commission (WAEC) have observed increasing failure rates over the past five years. Teesas, an edtech startup established in 2021, […]

The decision was reached due to the Federal government’s failure to implement the 2020 agreement with the association. They urged the immediate implementation of financial support palliatives promised for bakers post-COVID-19. The call includes the suspension of all forms of taxation on the bakery industry at the federal, state, and local government levels. Alhaji Mansur […]

Digitization is transforming African markets, with universal internet access expected in some regions by 2028. The most significant growth is predicted in Egypt, where internet penetration is projected to more than double, reaching 98%. Despite this, only 44% of African adults currently make online purchases, creating substantial untapped potential for growth. Online retail dominates Africa’s […]

Understanding the difficulties businesses encounter in managing their online presence and marketing, Komback also recognizes the daily demand from millions of Nigerians involved in buying or selling second-hand commodities. Their user-friendly platform enables individuals to showcase their products without the burden of complex marketing strategies or high advertising costs, tapping into a broad network of […]

The Secretary of State for Business and Trade has signed a groundbreaking trade and investment partnership with Nigeria in Abuja. This partnership aims to strengthen the existing £7 billion UK-Nigeria trading relationship and open up new possibilities in sectors like legal, financial services, and clean energy. The UK-based financial and related professional services industry sees […]

Efficient management of inventory stands as the backbone for success in any retail business, serving as a pivotal element in its day-to-day operations. It acts as a linchpin, ensuring a smooth flow within the supply chain, leading to seamless transactions and satisfied customers. The absence of a robust inventory management software exposes businesses to numerous […]

In this context, my aim is to showcase the potential for efficiently and swiftly implementing State Police, emphasizing the crucial need for collaboration between the State and Federal National Assembly to amend the constitution and facilitate this change. Drawing inspiration from successful models in the Global North, specifically the Metropolitan Police, I aim to underscore […]

In the contemporary digital landscape, fraud and financial crime pose significant challenges. International studies reveal a 72% surge in fraudulent activities in 2022, with nearly 25% of survey participants anticipating a substantial budget rise for anti-fraud technology until 2025. Generative artificial intelligence (AI) has significantly impacted various industries, intensifying the complexity of combating financial crimes. […]

Tokunbo Abiru, the chairman of the Senate Committee on Banking, Insurance, and Other Financial Institutions, urged the Central Bank of Nigeria (CBN) to involve the National Assembly and key stakeholders in its proposed banks’ recapitalization during a retreat with the Nigeria Deposit Insurance Corporation in Lagos State on Saturday. Abiru emphasized the need to continuously […]

The Nigerian Naira witnessed a decline against the US Dollar in both the official and unofficial markets due to sustained demand pressure, exerting further strain on the country’s currency. Despite the Central Bank of Nigeria (CBN) implementing various policies to enhance foreign exchange (forex) supply, the official forex trading platform, NAFEM, reported a 4.1% depreciation […]