The Federal Government of Nigeria has stated that the latest recession in Nigeria will be short-lived, as it expects Nigeria to return to positive growth soon unlike during the 2016
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CBN provides fresh guidelines on diaspora remittances
The Central Bank of Nigeria (CBN) has issued fresh guidelines on the management and payment of diaspora remittances to recipients, mandating the international money transfer operator (IMTO) to ensure that
Update: Nigeria signs MoU with United Arab Emirates to establish Joint Commission
The Federal Government has signed a Memorandum of Understanding (MoU) with the United Arab Emirates (UAE), which provides a platform for the nations to engage each other bilaterally. The MoU
Nigeria leads Africa in Bitcoin P2P lending
Nigeria’s increased use of Bitcoin has become the norm in the crypto-verse, taking into account that in the past 8 months, it leads the whole of Africa combined, in the
Nigeria’s economy at critical juncture — World Bank
The World Bank said yesterday that Nigeria was at a critical juncture, following the recession of the economy declared weekend by the National Bureau of Statistics, NBS. This came as
Nigerian Economic Summit to discuss ‘partnerships for resilient economy’
Policymakers, business leaders, development partners and scholars will discuss how to create strategic partnerships between the youth, governments, private sector and the civil society at the 26th Nigerian Economic Summit
FG proposes a reduction of minimum tax rate next fiscal year
The Federal Government is proposing a reduction of the minimum tax rate to be paid by companies in the next fiscal year, due to the current economic climate exacerbated by
Nigerian Stocks earn a whopping N2.1 trillion W/W
Nigerian bourse ended the week on a very impressive note. The All-Share Index and Market Capitalization appreciated by 12.97% to close the week at 35,037.46 and N18.308 trillion respectively. It
10 barriers to successful entrepreneurship for women in Nigeria
Ever-increasing numbers of women in Nigeria have been choosing small-business ownership in an apparent attempt to escape their well-documented inequality in the labour market. With the just-released data from NBS,
How Future Africa invested $1 million across 9 African startups in Q3 2020
Future Africa, a platform that provides capital, coaching, and community for African innovators, just announced that it invested a total of $1 million in nine African startups in the third