The Manufacturers Association of Nigeria (MAN) has warned that the worsening foreign exchange crisis in the economy may force many factories to shut down their […]
Month: February 2024
10 African countries with the least growth projection for 2024
Low economic growth estimates can create substantial hurdles for African countries, impeding their development goals while perpetuating the probability of sustained poverty and inequality. A […]
Exploring two popular short-term rental models in Lagos
Short-term rentals have become increasingly popular in Lagos, offering visitors a more personalized and flexible accommodation experience compared to traditional hotels. These two prevalent short-let […]
The UN rules out procuring food from Nigeria currently
The United Nations World Food Program (WFP) noted that it can only buy food from Nigeria once the country’s market is stable. The organization disclosed […]
We have nothing against Niger, Mali or Burkina Faso – Nigeria’s military chief says
Nigeria’s military chief, General Christopher Musa has urged African nations to unite against any form of uprising from jihadists in the Sahel region and other […]
Nigeria To Restricts Binance, OctaFX and Other Crypto Website
Nigeria has asked its telecommunications firms to restrict access to the websites of cryptocurrency firms such as Binance, OctaFX, Coinbase and others, months after its […]
South Africa’s general election set for May 29
South Africa is set to conduct national and provincial elections on May 29, as announced by President Cyril Ramaphosa’s office on Tuesday. These elections are […]
Jim Ratcliffe finally completes 25% acquisition of Manchester United
British billionaire Sir Jim Ratcliffe‘s deal to buy a 25% stake in Manchester United has been completed. The purchase is worth about £1.3billion and allows […]
Tinubu seeks $10bn to stabilise exchange rate as Naira slumps
President Bola Tinubu on Tuesday made public the plan of his government to raise $10bn to improve liquidity in the foreign exchange market. This is […]
Yet more hardship for Nigerians as naira hits record lows, stocks plunge
The Nigerian naira fell to record lows on both the official and unofficial markets on Monday, while stocks posted their biggest one-day fall in more […]