In its April 2023 Africa’s Pulse report, the World Bank stated that Nigeria’s economy is likely to be driven by the non-oil sector as oil production is projected to keep subdued in 2023 due to many factors. More details from ...
Read More »Fed Panics: Signature Bank Closed By Regulators; Fed, TSY, FDIC Announce Another Banking System Bailout
Source On Friday, we said that the Fed will have to make an announcement before the Monday open, and we didn’t have to wait that long: in fact, the Fed waited just 15 minutes after futures opened for trading to ...
Read More »FG orders filling stations to accept bank transfer, POS payments, threatens to sanction defaulters
The Federal Government has ordered filling station operators of filling stations across the country to start accepting the use of Point of Sales (POS) machines and bank transfers for the purchase of petroleum products, threatening to sanction them for non-compliance. ...
Read More »Easy Way to Write a Business Case Study Essay
A small business case study essay is really a rare assignment sometimes wanted by students. High-quality writing of this kind of essay takes a simultaneous comprehension of the basic principles of writing both an instance study and a small business ...
Read More »Forex Traders: Why many fail – The Major reason forex trading is not as easy as you think
Trading currencies online should be simple, which makes it possible for traders to earn money. Unfortunately, experience suggests that this really is hardly the case. To succeed, a more methodical and systematic approach is required. You will need to execute ...
Read More »Jeffrey Wu explains how Nigeria can boost blockchain for cashless growth
As the rise of Blockchain accelerates digital payments in Nigeria with the introduction of Central bank digital currencies, regulation is a key infrastructure tool in Nigeria for seamless adoption. This was disclosed by Sam Lee, founder of Blockchain Center, and ...
Read More »V. Putin calls for a new International Payment system based on Blokchain.
“The President of the Russian Federation called (http://kremlin.ru/events/president/news/69927) to create a new international payment system based on blockchain and digital currencies V. Putin called for the creation of a new system of international settlements, independent of banks and third parties, ...
Read More »Naira Redesign: CBN says it has received ₦165 billion old notes, no deadline extension
The Central Bank of Nigeria (CBN) says it’s received an overall total of N165 billion to date as it announced plans to introduce new naira notes and asked Nigerians to deposit all old notes in circulation. This is made known by CBN’s ...
Read More »Calls Against African Fossil Fuel Investment ‘Politically Motivated,’ Says Nigerian Expert
On Monday, London-based think tank Carbon Tracker issued a report that deemed an investment in the African oil and gas sectors as risky, while advocating solar energy development (described as “the best economic opportunity in the transition”). In an exclusive ...
Read More »Africa’s Right to Use its Natural Gas Should be Part of COP27 Deals, AfDB President Says
Such a statement was made in light of some Western countries pushing forward the idea of reducing the use of fossil fuels in Africa. At the same time, some African countries are asserting the right to develop their rich gas ...
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