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Tag Archives: Business Gist

send money to and fro to nigeria

6 Money Myths That Has Left So Many People Broke

From the tender age, we were confronted with myths about money and myths to be rich. Be it from our parents, brothers, sisters, relatives, or friends. The myths that people have determined our financial well-being during our adult lives. I ...

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China, Nigeria Sign Currency Swap Deal

What is Currency Swap? Simply put, it is an agreement between two parties to swap their currencies without involving a third party and thus avoiding a risk of changes in third party currency. China’s central bank said Thursday that it has inked ...

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Ponzi

After MMM another Ponzi Scheme defrauds Nigerians of ₦3Bn – EFCC

KANO —Economic and Financial Crimes Commission, EFCC, has busted the activities of an on line company, Swiss Golden Company Limited, which defrauded over 7,000 Nigerians to the tune of over N3 billion. EFCC operatives Spokesman, EFCC zonal office, Kano, Idris ...

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business to invest in nigeria

Nigeria’s Inflation Declines For 14th Consecutive Month

Consumer prices in Africa’s largest economy Nigeria moderated for a 14th consecutive month in March, the National Bureau of Statistics (NBS) reported on Thursday. The Consumer Price Index, which measures inflation rate improved to 13.34 percent in the month of ...

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Entrepreneur

6 Ways To sustain Your Motivation As An Entrepreneur

The capability to stay motivated being an entrepreneur can be as tasking as staying hydrated in the scorching desert sun. It is definitely an act of sustaining focus and drive while working towards achieving your goals amidst challenges and uncertainties. ...

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Chinese tech giant Bitmain Produces Ethash ASIC Miner

Chinese tech giant Bitmain announced that they’re releasing an Ethash ASIC miner, in accordance with a tweet April 3. In the tweet, Bitmain says that the Antminer E3 would be the “world’s most effective and efficient EtHash ASIC miner.” The ...

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Ajaokuta steel company

Reps pass bill to give Ajaokuta plant Mill ₦360bn lifeline

– The House of Representatives has passed a bill for the withdrawal of $1 billion (N360bn) from the excess crude account for the completion of the Ajaokuta steel mill project – The steel plant was also removed from the list ...

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akaokuta steel industry

Reps give lead to submission of memorandum on Ajaokuta steel

The House of Representatives on Friday urged Kayode Fayemi, Minister of Mines and Steel and all concerned Nigerians to channel all their submissions to the Adhoc Committee on Ajaokuta Steel company Limited. Abdulrazak Namdas, Chairman, House Committee on Media and ...

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ico

ICO: What is this and why I picked these two ICOs ?

What is Initial Coin Offering (ICO)? An unregulated means where funds are raised for a fresh cryptocurrency venture. An Initial Coin Offering (ICO) is utilized by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or ...

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Richest Saudi Prince Issues 'Fatwa' on Bitcoin

Bitcoin Threatens the “Establishment” as Richest Saudi Prince Issues ‘Fatwa’ on Bitcoin

Richest Saudi Prince Says Bitcoin Will Collapse Like Enron. In the land of countless princes and billionaires, prince Alwaleed bin Talal may be the richest of them. He’s the grandson of the founder of Saudi Arabia, King Abdulaziz Alsaud. Based ...

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