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Google adds feature to allow users read doc aloud
Business

Google to empower women entrepreneurs in Nigeria, others

Google has announced the launch of three empowerment initiatives women entrepreneurs in Africa in commemoration of International Women’s Day. According to The Punch, Google’s women empowerment programmes include the Google for Startups Accelerator Africa: Women Founders Cohort, the Hustle Academy for Women-Led SMEs, and a series on social media to celebrate inspiring women in Africa’s […]

PWC
Business

UK fines PwC $8.9m over audit breaches

PricewaterhouseCoopers, also known as PwC, gets a fine of $8.9 million from UK’s regulatory body over “serious breaches” discovered in Babcock International’s audits. Reuters reported that the Financial Reporting Council said the fine is the penalties related to the multinational’s audits failure of Babcock’s accounts up to the end of March 2017 and 2018. There […]

An Adidas Yenzy shoe brand
Business

Adidas to cut dividends over Kanye West split

The German clothing brand Adidas said on Wednesday that it planned to cut its 2022 dividend to 0.70 euros which is equivalent to $0.7374 per share, owing to the losses from its partnership break with the popular American rapper, Kanye West. According to Reuters, Adidas said its executive and supervisory boards plan to recommend the […]

Image of Alphabet and Google
Business

Taiwanese media to get Google’s $9.8m fund

Google’s parent company, Alphabet, said on Wednesday that Taiwanese media would get a $9.8 million fund over the next three years to boost its media operations and digital competitiveness. According to Reuters, although not in Taiwan, Google has come under pressure in some countries to pay news publishers for their content on its platform. The […]

Fintech firm hits $200n, 2,548% transactions in two years
Tech

Fintech firm hits $200n, 2,548% transactions in two years

Vfinancial technology firm, VPD Money, has worked with partners in the sector to handle a cumulated volume of over $200 million worth of transactions with volume climbing to over 2,548 per cent for its customers since inception of operations two years ago. The Guardian reports that the neo-bank with aspirations for Nigerian companies, particularly small and […]

Fuel scarcity'll continue after polls, marketers warn
featured News

Fuel scarcity’ll continue after polls, marketers warn

    The Independent Petroleum Marketers Association of Nigeria, has warned that the lingering fuel scarcity will continue till after the general elections. According to The PUNCH, this was stated by the National Vice President, of the association, Abubakar Maigandi, on Tuesday. He revealed that 90 percent of the filling stations were shut as a […]

Grain Traders. Credits: Miller Mag
Business

No cash, no grain, Abuja traders reject e-payment

Federal Capital Territory grain traders in Abuare market were reportedly found rejecting electronic transactions from customers, despite the cashless policy of the Central Bank of Nigeria. According to an observation by the News Agency of Nigeria, the traders in Nyanya, Karu, Mararaba and Masaka Markets were not accepting bank transfers or any other electronic transactions. […]

IMF logo
Business

CBN faults IMF’s report on 24% Anchor Borrowers’ payment 

The Central Bank of Nigeria has revealed that a total of N503bn representing 52.39 percent of the disbursed funds under the Anchor Borrowers’ Programme  has been paid by farmers. This contradicts the claim by the International Monetary Fund that only 24 percent of the loan had been paid. The new development was disclosed in a […]

Logo and the photo of the Central Bank of Nigeria's building
Business featured

Nigeria’s fiscal deficit hits N7.34trn in 2022

The Central Bank of Nigeria in its figure recorded a fiscal deficit of N7.34 trillion between January 2022 and November 2022. The Punch reported that the CBN disclosed this in the statement presented by a Monetary Policy Committee member, Mike Obadan, at the last MPC meeting in January. Meanwhile, fiscal deficit occurs when government revenue […]

Census Ad hoc Staff collating report
Business

Census: FG establishes basket fund donations  

The Federal Government of Nigeria plans to establish a basket fund to receive donations for the 2023 population and housing census. This was disclosed on Monday by the Minister of State for Budget and National Planning, Clem Agba, at a strategic partners engagement to solicit funds for the 2023 census in Abuja. The Punch reported […]

NDE holds finance, business training for unemployed graduates
Conferences

DE holds finance, business training for unemployed graduates

1235 graduates of the National Directorate of Employment have began a five-day program on Monday at the National Directorate of Employment. The NDE’s Director General, Malam Abubakar Fikpo, revealed this during the training’s Yola opening ceremony. Anambra, Bayelsa, Cross River, Delta, Edo, Gombe, Imo, Kebbi, Kogi, Kwara, Lagos, Ogun, Osun, Plateau, Sokoto, and Taraba states all […]