MUST-HAVE APPS: KEEPING YOUR KIDS SAFE ONLINE (5 Apps)

Keeping Your Kids Safe Online: Top 5 Essential Apps The Challenge: Children today are accessing the internet at increasingly younger ages, exposing them to potential dangers like cyberbullying, predators, and inappropriate content. The Solution: Parental Control Apps These apps offer various features to help parents monitor and protect their children’s online activities: 1. Bark: Monitoring […]

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FIRSTBANK Q1 PROFIT SOARS! N238.53 BILLION PBT REPORTED

Profit Soars: FBN Holdings reported a staggering 325% year-over-year increase in profit before tax (PBT) for the first quarter (Q1) of 2024, reaching N238.53 billion. This impressive performance builds upon the bank’s strong showing in 2023. Revenue and Efficiency: Gross earnings skyrocketed by 181.4% to N730.3 billion in Q1 2024 compared to the same period […]

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NIGERIA: SLOWDOWN IN INFLATION FOR MANUFACTURING (STANBIC PMI)

Growth Picks Up, Inflation Eases The latest Stanbic IBTC Purchasing Managers’ Index (PMI) for Nigeria indicates a modest improvement in business conditions during May 2024. This comes after six months of consecutive growth in new orders and the strongest increase in business activity since January. Despite the positive trend, the growth rate remains below the […]

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FINANCIAL SERVICES ON HIGH ALERT: CYBERSECURITY RISKS #1 CONCERN (ALLIANZ REPORT)

The financial services sector is facing a growing threat from Cyber incidents, according to the Allianz Risk Barometer. The report highlights that cyber incidents have emerged as the primary concern for financial institutions in 2024, with 43% of respondents ranking it as a significant risk. Cybersecurity Emerges as Top Threat: The Allianz Risk Barometer survey identifies cyber incidents as […]

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NIGERIA: TAX RELIEF FOR 40 MILLION SMALL BUSINESSES

CEO Hails Proposed Reforms The CEO of tappi, a digital commerce firm, applauds plans to simplify Nigeria’s tax system. These reforms aim to benefit 40 million micro, small and medium-sized enterprises (MSMEs). Digital Commerce CEO Praises Plan to Simplify System Relief for Informal Sector: Proposed reforms aim to exempt 95% of the informal sector, estimated […]

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NIGERIA: MAJOR TAX SYSTEM OVERHAUL PROPOSED

Nigeria Proposes Major Tax System Overhaul The Presidential Fiscal Policy and Tax Reforms Committee, led by tax expert Taiwo Oyedele, has unveiled a bold plan to streamline Nigeria’s complex tax system. Key Points: Reducing Tax Burden: The committee proposes a significant reduction in the number of taxes and levies businesses have to pay. The aim […]

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