Blog

Nigerian Exchange ahead in Africa with 33.70% gain
News

Nigerian Exchange ahead in Africa with 33.70% gain

By Melvin Onwubuke The Nigerian Exchange has emerged as the number one exchange in Africa in the first two months of 2024, as investors enjoyed 33.70 per cent returns on investors. This was revealed in a statement by the NGX on Tuesday that the local bourse was rated as the best-performing in Africa ahead of […]

Wike, Dangote, Otedola build staff housing for law schools
Investment

Wike, Dangote, Otedola build staff housing for law schools

The Director General, Prof. Isa Hayatu Chiroma, has congratulated Femi Otedola, Aliko Dangote, and Nyesom Wike for their commitment to significantly enhance the Nigerian Law School’s infrastructure. The Times reported that, their efforts signal a turning point in the institution’s history and hold the promise of improving the quality of education available to next generations […]

Child labor: Court dismisses US tech corps' lawsuit in cobalt mines
News

Child labor: Court dismisses US tech corps’ lawsuit in cobalt mines

The lawsuit featured 16 plaintiffs, including the families of five children who died while working as cobalt miners. Business Insider reported that the U.S. Court of Appeals for the District of Columbia dismissed the appeal filed by former child miners and their advocates, ruling in favour of the technology corporations. Cobalt is a component of […]

Windows 11 withdraws support for Android
Uncategorized

Windows 11 withdraws support for Android

Microsoft’s Windows 11 is set to lose official support for Android apps, resulting in the discontinuation of the Windows Subsystem for Android. Microsoft has announced its plan to cease WSA maintenance within the year. Although Windows 11 users with the Amazon Appstore or Android apps already installed will retain access until March 5, 2025, new […]

White House leads TikTok acquisition deal
Tech

TikTok’s creator fund sees 250% revenue increas

TikTok revealed that its overhauled creator fund has achieved a remarkable increase of over 250% in total creator revenue over the last six months. The fund, which initially launched a year ago, is set to exit beta in the coming weeks and will be officially named the “Creator Rewards Program.” It replaced TikTok’s original $1 […]

MTN internet subscription declines over NIN-SIM linkage
News

MTN Nigeria to empower female entrepreneurs in N450m ‘Yellopreneur’ initiative

By Melvin Onwubuke   The Corporate Social Responsibility arm of MTN Nigeria, MTN Foundation has opened applications for phase two of its ‘Yellopreneur’ initiative, through which it intends to offer the sum of N450 million as loans to successful applicants. The was disclosed by Mrs Odunayo Sanya, the Executive Director of the Foundation, in a […]

Nigeria needs more stringent measures to secure macroeconomic stability - Fitch
Economy

Nigeria needs more stringent measures to secure macroeconomic stability – Fitch

By Melvin Onwubuke Fitch Ratings Inc. has highlighted the need for Nigeria to adopt more rigid monetary tightening measures to secure macroeconomic stability. The credit rating and research firm pointed out that the Nigerian authorities had taken a crucial step towards reducing inflation by significantly adjusting the MRP to 22.75%, which was aimed at fostering […]

Lagos plans CNG-powered buses by end of 2024
News

LASG, ACCA train workers in finance

By Melvin Onwubuke Lagos State Government has collaborated with the Association of Chartered Certified Accountants to build the capacity of civil servants in finance. The three-day workshop with the theme “Increasing Capacity for Public Financial Management and Sustainability” kicked off on Monday in Lagos. Mr Bode Agoro, Head of Service of Lagos State in his […]

Global trade remains steady, but uncertainty looms—WTO
Business

Shea butter from Nigeria, others below global standards – WTO

By Melvin Onwubuke   The World Trade Organisation, charged Nigeria and other African countries to improve the quality of their shea exports, as a lot of the commodities do not meet the sanitary and phytosanitary measures required for export. This was disclosed by Director-General, WTO, Dr Ngozi Okonjo-Iweala, while delivering a virtual address at the […]

Google Africa MD wins Silverbird award
News

Google Africa MD wins Silverbird award

Managing Director of Google Africa, Alex Okosi, is the recipient of the 2023 Silverbird Man of the Year Awards. The PUNCH stated that, his outstanding leadership and achievements to reshaping Africa’s commercial and entertainment scenes were acknowledged with this award. Recently, the Silverbird Man of the Year Awards took place in Lagos. Okosi was praised, […]