Crypto trading booms in Nigeria to the disapproval of the Central Bank
Chijioke Ohuocha and Libby GeorgeTue, October 12, 2021, 12:08 PM·3 min read By Chijioke Ohuocha and Libby George LAGOS (Reuters) – Nigerian art dealer Ebuka Joseph started using cryptocurrencies last…
Pandora Papers; The Stench gets more putrid in Nigeria
Current Kebbi State governor Atiku Bagudu is the latest subject in the ongoing expose’ in Pandora Papers for flouting ‘extant laws and legislations’ by hiding assets, tax evasion among others…
FG To Clamp Down On ‘Aboki FX’ Website Over Exchange Rate. Abokifx reacts
The Federal Government through its bank, the Central Bank of Nigeria (CBN) on Friday said it will shut down the operations of ‘Aboki FX’ over its posting of exchange rates.…
Africa; A look at the economy of countries and subregions. August 2021
Anglophone West Africa Nigeria The National Bureau of Statistics (NBS) released the inflation figures for Jul-2021. Notably, the headline rate rose by 17.38% y/y, 37bps lower than the rate recorded…
Nigerias New Ambassador to Belgium and the EU right on the ball
Facts emanating from the Nigerian mission in Brussels, Belgium reveal that the new ambassador of the Federal of Nigeria to the Kingdom of Belgium His Excellency Obinna C Onowu, has…
2023 Electric Cars -Nigeria wither at thou?
While Nigeria, one of the worlds highest oil producing countries is dancing around with and engrossed in every concivable political distractions, a country that has one reliable or rather unreliable…
Technology and poverty alleviation in Africa
Kindly share this story: × Chukwuemeka Fred Agbata Jnr.Chukwuemeka Fred Agbata Jnr25 July 2021 Welcome to the irony called Africa! A continent so blessed yet so poor. My dear country,…
Central Bank of Nigeria to launch own digital currency come October 1
J The Central Bank of Nigeria (CBN) says it will launch the pilot scheme of its digital currency by October 1, 2021.Advertisement The resolution was made during a private webinar…
3 Growth Strategies Small Businesses Can Learn From Google
GROWTH STRATEGIES When it comes to running a small business, you have to do much of the legwork yourself. For better or worse, you are the master of your fate,…
Banking In Nigeria
As an individual or a business person, making and receiving payment in a foreign currency is easier done through the domiciliary account. Having a domiciliary account is very important especially…