The absence of a clear regulatory framework for cryptocurrency can jeopardise a country’s ability to attract Foreign Direct Investment (FDI) and retain economic value within its borders, the co-founder and chief executive officer of Quidax, Buchi Okoro, has stated. This is even as Okoro has hailed the Nigerian Securities and […]
Business
Western Union has extended international money transfer services to Optimus by Afrinvest users. Nigerians living abroad can now conveniently send funds through Western Union services directly into their Afrinvest accounts accessible through the app. The Optimus by Afrinvest platform offers customers the ability to save, invest and spend. Through this […]
Nigeria is set to make history with the launch of its first AI-powered radio station, a groundbreaking initiative led by Konga, the country’s leading composite e-commerce group. N Scheduled to begin operations in January 2025, the station, known as KongaFM, will be the first of its kind in Africa, blending […]
LG Electronics (LG) has said its customers will now be able to stream the action-packed film of the 2024 Christmas season, ‘Red One’. Red One will be available to all customers with a Prime membership, streaming on LG Smart TVs in over 200 countries. Red One is produced by Amazon […]
Chain Reactions Africa, continued its awards-winning streak in 2024 by clinching three more awards at the Lagos PR Industry Gala & Awards (LaPRIGA) 2024. Chain Reactions Africa emerged as winner of the ‘Public Sector PR Campaign of the Year’ for the firm’s Windfall Tax Policy Campaign for the Federal Inland […]
African nations spend an average of $50 billion each year importing food, a reliance that could surge to $110 billion by 2025 without urgent interventions, according to a report by the African Export-Import Bank (Afreximbank). Despite vast arable land and natural resources, many African countries are increasingly dependent on external […]
Following the recent price cuts by Dangote Refinery and the Nigerian National Petroleum Company Limited (NNPC), some motorists in Nigeria expressed hope that this translates to lower petrol prices for Nigerians. Recall that Dangote had on December 19, 2024, reduced its petrol price to N899.50 per litre, for marketers. NNPC, […]
Tax payments from foreign companies in Nigeria have surged by 44 per cent in the nine months to September 2024, according to a report by the National Bureau of Statistics (NBS). According to the Company Income Tax report by the statistics agency, revenue to the federal government rose to N2.57 […]
An entrepreneur, Emmanuel Ebere Ugwu has pledged commitment to lead a mission to empower entrepreneurs and demystify the complexities of starting and running a business in Nigeria and make business ownership more accessible. As a seasoned business consultant and founder of the Archipreneur Brand Ltd, Ugwu said with over a […]
Nigerian Communications Commission (NCC) has reaffirmed its commitment to shaping the future of Application-to-Person (A2P) messaging in Nigeria, a vital component of the nation’s digital communication landscape. Speaking at a Stakeholder Forum convened to address the challenges and opportunities within this critical sector, the executive vice chairman/CEO of the NCC, […]
