economy
News on the global economies
LITTLE INVESTMENT, HUGE RETURNS: Nigeria’s Lucrative Low-Capital Businesses To Start In 2025
Starting a business in Nigeria’s current economic climate is no walk in the park. The rising cost of living, inflation, … Continue Reading
JUST IN: Nigeria’s SEC Issues Stern Warning To Crypto License Applicants
Nigeria’s SEC Tightens Oversight on Crypto Licenses, Warns Non-Compliant Applicants of Rejection While Promising Stakeholder Support and Proactive Regulatory Reforms
Regulator Vows Strict Compliance with VASP Requirements
The Nigerian Securities and Exchange Commission (SEC) has warned that virtual asset service … Continue Reading
CBN Introduces New Accounts for Nigerians in Diaspora
This policy aligns with Memorandum 17 of the CBN Foreign Exchange Manual (2018) and reinforces the central bank’s commitment to enhancing the country’s financial ecosystem.
Abuja, Nigeria – The Central Bank of Nigeria (CBN) has launched two new account types … Continue Reading
CBN Halts Extension of Export Proceeds Repatriation
Abuja, Nigeria – The Central Bank of Nigeria (CBN) has announced the suspension of approvals for the extension of export proceeds repatriation timelines. The directive, effective immediately, applies to all oil and non-oil export transactions.
In a circular dated January … Continue Reading
JUST IN: Landmark Group To Transform Port Harcourt Tourist Beach Into A World-Class Destination
Landmark Group Teams Up with Rivers State Government to Redevelop Port Harcourt Tourist Beach into a World-Class Tourism, Leisure, and Hospitality Destination, Reviving a Historic Landmark and Boosting Economic Growth
Landmark Group, a prominent player in the African leisure … Continue Reading
Meet The Chinese Woman Who Was Richer Than Elon Musk And Bill Gates Combined With £12 Trillion
The Unparalleled Wealth of Empress Wu Zetian: How Her £12 Trillion Fortune Dwarfs the Combined Net Worth of Today’s Richest Billionaires
A Legacy of Unimaginable Wealth
Wealth has long been a measure of influence, with history’s most powerful figures amassing … Continue Reading
BREAKING: FG Approves Telecom Tariff Increase, Promises Fair Adjustments
Federal Government Introduces Adjusted Telecom Tariff Hike, Aims to Balance Consumer Protection, Transparent Pricing, and Industry Sustainability
The Federal Government has approved a tariff hike for telecommunications services in Nigeria, assuring that the increment will not reach the 100% requested … Continue Reading
JUST IN: Kim Jong-un Bans Hot Dogs And Declares Divorce A Crime In Crackdown On Western Culture
In a sweeping crackdown on Western influences, North Korean leader Kim Jong-un bans the popular hot dog dish, punishes its sale with labor camp sentences, and declares divorce a criminal act, further tightening control over citizens’ lives
In a move … Continue Reading
Landmark Beach Demolition: $30M Investment Wiped Out, Thousands Left Jobless
Founder Paul Onwuanibe narrates the devastating economic and social impacts of Landmark Beach’s sudden demolition by the federal government.
Lagos, Nigeria – The demolition of Landmark Leisure Beach, a premier tourist destination in Lagos, has sparked widespread outrage, with the … Continue Reading