Tag: Economy
NESG Raises Concerns Over Timing of Nigeria’s New Cybersecurity Levy on...
The Nigerian Economic Summit Group (NESG) has voiced concerns about the timing of the Central Bank of Nigeria's (CBN) recently introduced 0.5% cybersecurity levy...
Pan-African Fintech Chipper Cash Restarts US Operations After Strategic Shift
Pan-African fintech leader Chipper Cash is back in business for US users after a two-month hiatus. The company streamlined its operations, consolidating its workforce...
Hayat Kimya Nigeria Appoints First Indigenous Country Manager, Motayo Latunji
Hayat Kimya Nigeria Limited, a subsidiary of the global FMCG giant Hayat, has appointed Motayo Latunji as its new Country Manager for Nigeria. Motayo...
Energy Leaders to Drive Investment and Progress at NOG Energy Week...
Stakeholders across the energy sector, including regulators and industry leaders, will gather at NOG Energy Week 2024 to focus on solutions for Sub-Saharan Africa's...
Nigeria’s 0.5% Cybercrime Levy Sparks Controversy, NACCIMA Calls for Review
Controversy surrounds the recent introduction of a 0.5% cybercrime levy on all electronic transactions in Nigeria. The Nigerian Association of Chambers of Commerce, Industry,...
Nigerian Economy Seeks Growth Boost Through Bank Recapitalization
The Nigerian economy could see a significant growth boost as the nation undertakes a major bank recapitalization effort. Experts argue that by increasing the...
Economic Reforms Drive Positive Outlook for Nigeria’s Debt Rating by Fitch
Nigeria's recent economic reforms have earned the country a positive outlook on its debt rating from Fitch Ratings. The credit rating agency has revised...
Dangote Sugar Pledges $700 Million Investment in Nigeria’s Backward Integration Program
Dangote Sugar Plc has announced its commitment to invest over $700 million in the Backward Integration Program (BIP) for Nigeria's sugar industry. Chairman Aliko...
Nigeria Launches $10 Billion Diaspora Fund to Attract Investment
Nigeria is setting its sights on attracting investment from its global citizen base with a newly unveiled $10 billion diaspora fund. This initiative aims...
NAAT Proposes N350,000 Minimum Wage to Address Rising Cost of Living
The National Association of Academic Technologists (NAAT) is calling for a significant increase in Nigeria's minimum wage, citing economic hardships faced by workers nationwide....
