The strategic partnership between The Rotary Foundation (TRF) and IHE Delft Institute for Water Education aims to tackle the world’s water and sanitation crisis by increasing the number of trained professionals to devise, plan, and implement solutions in developing and emerging countries. Through this partnership, scholarships are awarded annually for graduate students at IHE Delft’s […]
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 […]
On today’s news headline, Hadiza Bala who happens to be the special adviser to President Bola Tinibu Asiwaju spoke during the opening of the technical retreat for delivery desk officers of federal ministries on the implementation of presidential priorities and ministerial deliverables in Uyo, Akwa Ibom Stat. She pressed on the system made by the […]
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 […]
As of January 22, 2024, the said price of Dangote Cement Factory was reported to be N592.6. This recent outcome has skyrocketed the Dangote Cement Factory to a whole new level. This made the Amid the bustling activity of the Nigerian stock market, Dangote Cement has emerged as a focal point of investor attention. The […]
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 […]
This January 2024, MultiChoice-owned streaming platform Showmax unveiled the content slate for the revamped version of “Showmax 2.0”. Showmax will feature 1,300 hours of original African content and the continent’s first standalone Premier League mobile streaming plan this is due to launch in February. With the relaunch, Showmax will build on the current momentum, which […]
Recall that in February 2021, at the onset of the last bull run, the Central Bank of Nigeria (CBN) threw a regulatory curveball at the nation’s crypto enthusiasts by imposing a ban on transactions between banks, crypto exchanges and individuals. Hence the comprehensive crypto ban on banks engaging with digital currencies, the Central Bank of Nigeria (CBN) […]