Top Ten African Currencies Compared To US Dollar

Africa is the world’s second-largest and second-most populous continent, known for its diverse cultures, landscapes, and wildlife.  It’s home to some of the oldest civilisations, stunning natural wonders like the Sahara Desert and Victoria Falls, and a rich tapestry of languages and traditions. 

National, State Assemblies To Spend N724bn In 2024

The National Assembly and the 36 state assemblies of the federation as well as their agencies will spend about N724bn this year, an analysis of their 2024 budgets by The PUNCH has shown. Further findings also showed that the salaries and allowances for

UK Escapes Recession With Fastest Growth In Almost Three Years

The U.K. economy has emerged from recession as gross domestic product rose 0.6% in the first quarter, official figures showed Friday, beating expectations. Economists polled by Reuters had forecast growth of 0.4% on the previous three months of the year. The U.K. entered a shallow

IMF Appeals To Nigeria To Regulate Crypto Trading Platforms

The International Monetary Fund has advised Nigeria to ask global crypto trading platforms to register or obtain licenses to operate in the country, subjecting them to regulatory requirements. This recommendation was made in the IMF’s latest staff report, released on Thursday, following the

It Is A Shame Nigeria Spent N7.8 Trillion On Food Importing – Otti

The Abia State Governor, Alex Otti, has made a case for the establishment of agricultural ventures across Nigeria as a panacea to food insecurity. While underscoring the need for all to embrace agriculture for sufficiency, Otti highlighted that a whooping  N7.8 trillion was

Police Probe E-Money Over N1.2bn Dispute With Lagos Firm

The Chief Executive Officer, Emy Cargo and Shipping Services Limited, Emeka Okonkwo, aka E-Money is under investigation at the Force Criminal Investigation Department Annex, Alagbon, over alleged N1, 209,200,000 dispute with a vehicle dealing company, Autocorp Limited, in Lagos State. A police source

CAC Registration: Police To Go After Illegal PoS Operators

The Federal Government has said mandatory registration of Point-of-Sales operators nationwide will reduce kidnapping and help security agencies arrest recipients of ransom payments from kidnap victims. It also vowed that security agencies would go after PoS operators who fail to comply with the

Northern Elders Kick Against CBN’s Cybersecurity Levy

The Northern Elders Forum, NEF, has strongly condemned the Central Bank of Nigeria’s recent decision to impose a cybersecurity levy on bank customers. In a statement released by the NEF’s Director of Publicity and Advocacy, Abdul-Azeez Suleiman, the forum expressed its dissatisfaction with

Cybersecurity Levy: Intent, Timing Right, But Strategic Communication Lacking – Ex-Lawmaker

A former member of the House of Representatives, Aliyu Gebi, has shared insights on the recent directive from the Central Bank of Nigeria requiring banks to start deducting cybersecurity levy on transactions. The CBN had on Tuesday announced that a 0.5 per cent

PoS Agents Frown At CAC’s Registration Mandate, Says Customers Will Pay More

Some Point of Sale (PoS) agents in the FCT, have frowned at the new directive of the Corporate Affairs Commission (CAC) for them to register with the commission. The News Agency of Nigeria (NAN) reports that CAC had on Monday issued a two-month registration deadline