Nigeria's inflation rate climbed to 32.70% in September 2024, marking a slight increase from the previous month's rate of 32.15%. This rise is primarily attributed to a significant hike in the price of petrol.
The World Bank had...
Nigerian blockchain expert Adeshina Ajayi has emphasized the immense potential of blockchain technology to drive economic growth. Ajayi is at the forefront of efforts to expand blockchain education and solutions across Africa and the global market.
Ajayi stressed that blockchain...
The Central Bank of Nigeria (CBN) has emphasized the importance of robust cybersecurity measures for banks in the country to safeguard depositors' savings from hackers.
Dr. Adetona Adedeji, Acting Director of Banking Supervision, made this call during a panel discussion...
The Federal Government has introduced a new tax payment option allowing individuals to pay their taxes in installments rather than a single lump sum. This proposal is included in the Nigeria Tax Bill 2024, which has been submitted to...
The World Bank has emphasized the importance of sustained economic reforms for Nigeria to establish itself as a leading economic power in sub-Saharan Africa and globally.
Indermit Gill, Senior Vice President of the World Bank Group, delivered this message during...
HP Inc. has unveiled a series of advancements in its workforce solutions division aimed at helping companies achieve growth by delivering more personalized and fulfilling experiences for employees.
One of the key offerings is the expanded access to HP's...
The Securities and Exchange Commission (SEC) Director General, Emomotimi Agama, has highlighted the urgent need for Nigeria to invest over $50 billion to bridge its infrastructure gap.
Agama made this statement during a panel session at a stakeholders program themed...
The World Bank has projected a significant increase in India's manufacturing output if more women join the workforce. According to the bank's South Asia Development Update, India's manufacturing output could rise by 9% if women's labor force participation rates...
The Association of Licensed Telecommunication Companies of Nigeria (ALTON) has strongly criticized Starlink's decision to raise internet subscription prices without obtaining prior approval from the Nigerian Communications Commission (NCC). ALTON labeled this move as a significant affront to the...
The manufacturing sector in Nigeria is facing significant challenges due to the escalating costs of energy, which have driven up production and logistics costs. Manufacturers have raised concerns about the detrimental impact of rising energy prices, with petrol prices...
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