Bitcoin defies dollar surge, surpasses $44,000
The price of Bitcoin briefly surpassed $44K on Wednesday morning despite an increase in the value of the US dollar. According to…
Business
Global air cargo records 3.8% rise in October 2023 – Report
Data from the International Air Transport Association shows that air cargo volumes in Africa, the Middle East, and Asia saw a notable uptick…
Aleph Express launches online platform for MSMEs
Aleph Group has introduced Aleph Express, a proprietary solution and application designed for micro, small, and medium-sized enterprises in Nigeria. The Times reported…
Veritas Kapital Assurance names Adaobi Nwakuche MD/CEO
The Board of Directors of Veritas Kapital Assurance Plc has announced the appointment of Adaobi Nwakuche as the company’s Managing Director and…
FX spot market reports $4.66bn turnover in October – Report
The October 2023 spot foreign exchange market turnover was $4.66 billion (N3.66 trillion), a Month-on-Month decline of 14.96% ($0.82 billion) from the…
Budget: Reps to amend FRC Act
The Speaker of the House of Representatives, Tajudeen Abbas, promised on Monday that the House is prepared to amend the Fiscal Responsibility Act…
Lagos, firm start tax awareness program among students
The Lagos Internal Revenue Service and DKK Nigeria have partnered to launch Tax Trybe, a tax education program. The Punch reported that…
NCC, Customs devise counterpiracy plan
Nigerian Copyright Commission and the Nigerian Customs Service have decided to work together more closely to create fresh anti-piracy tactics that will foster…
FG, Commonwealth discuss deep sea mining
The Minister of Solid Minerals Development, Dr. Oladele Alake, has brought a high-level delegation to discuss mineral development issues with the Commonwealth Secretariat.…
Stakeholders promote investments in Nigerian Tech Talents at Tekifest’23
Tech industry stakeholders have pushed for increased funding to support the education of young Nigerians in digital technology. The Times reported that…
Afreximbank president named Forbes Africa’s Person of the Year
The President of the African Export-Import Bank, Prof. Benedict Oramah, has been named a FORBES AFRICA magazine 2023 Person. The Times reported that this…
Spotify to fire 1500 employees over economic hardship
Music streaming service, Spotify, plans to lay off roughly 17% of its global workforce in a subsequent round of layoffs due to…