FG Advocates for Equitable Visa Policies to Boost Nigeria’s Global Trade Expansion
The Nigerian government is advocating for more relaxed and equitable visa policies to support Nigerian businesses in their efforts to…
Day: February 17, 2025
Russia Fines Google $41,500 for Hosting YouTube Video on Surrendering Soldiers
A Russian court has imposed a fine of 3.8 million roubles (approximately $41,530) on Alphabet Inc.’s Google for hosting a…
China Invites Tech Leaders Including Jack Ma for Meeting with President Xi
As the global trade landscape shifts under the new Trump administration, China is working to reconnect with its key tech…
Understanding cNGN: Nigeria’s Newly Launched Stablecoin
cNGN is Nigeria’s stablecoin, designed to maintain a fixed value for practical uses like payments, remittances, and trading. Unlike volatile…
CBN: Nigeria’s Economy Expands for Second Month, Led by Industry and Agriculture
Nigeria’s economic expansion continued in January 2025, marking the second consecutive month of positive growth, according to the latest Purchasing…
South Korea Plans to Acquire 10,000 GPUs for AI Development
South Korea is ramping up its efforts to stay competitive in the global AI race by announcing plans to secure…
Nigeria’s Cyber Threat Risk Rises as Attacks Surge, Now Ranked 11th in Africa
Nigeria’s cyber threat risk has significantly increased, with the country now ranked 11th on the Cyber Threat Index for African…
Banks and Fintechs in Nigeria Embrace Blockchain to Boost Financial Services
In early January 2025, PalmPay, a fintech platform, announced its integration of blockchain technology to improve transaction reliability, setting a…
NGX Sees Significant Surge in Equity Transactions, Reaching N5.59 Trillion in 2024
The Nigerian Exchange Limited (NGX) reported a remarkable surge in equity transactions for 2024, with the total value rising to…
Naira Strengthens at Parallel Market, Weakens on Official Exchange Rate
In the past week, the naira exhibited a mixed performance across different segments of the foreign exchange market, reflecting the…
Increased Oil Production Key to Tackling Inflation and FX Volatility, Says Agusto & Co.
Agusto & Co., a Pan-African credit rating agency, has stressed the importance of increased crude oil production in addressing Nigeria’s…
Federal Government Launches Construction of Emerging Technologies Institute in Kano
The Federal Government of Nigeria has officially launched the construction of the Sustainable & Emerging Technologies Institute (SETI) in Kano,…
Tinubu Earns Praise at AU Summit for Advancing AfCFTA’s Digital Trade Protocol
President Bola Tinubu received widespread recognition for Nigeria’s significant efforts in advancing the African Continental Free Trade Area (AfCFTA) Digital…
Nigeria’s Personal Loans Surge to N3.32tn Amid Rising Inflation, CBN Reports
In November 2024, Nigeria’s personal loan portfolio saw a dramatic increase of 37.76%, rising to N3.32 trillion, according to the…
Nigerian Equity Market Records N1.83tn Gain in One Week
The Nigerian equity market achieved a significant gain of N1.83 trillion last week, with the All-Share Index (ASI) and Market…