The Central Bank of Nigeria (CBN) on Sunday said Nigeria is not the only country where Cryptocurrency is outlawed. It explained that many other countries, central banks, international financial institutions, and investors and economists have also warned against its use.…
Cuba announced Saturday that private activity will be authorized in most sectors, a major reform in the communist country where the state and its companies dominate economic activity. The measure, which was unveiled last August by Labor Minister Marta Elena…
The Federal Government has rejected the indefinite strike embarked upon by members of the Non-Academic Staff Union of universities, the Senior Staff Association of Nigeria Universities and the National Association of Academic Technologists. Recall that unions had in a letter…
Former presidential candidate and a chieftain of the All Progressives Congress (APC), Adamu Garba has urged Nigerians to shift attention away from investing in cryptocurrencies and rather invest in cows. The controversial politician made the submission on Friday in his…
The government of Nigeria in collaboration with Stallion Group has unveiled the country’s first made-in-Nigeria electric car. Nigeria has delivered its first made-in-Nigeria electric car named, Hyundai Kona.. The car was unveiled by the National Automotive Design and Development Council,…
Nigerian economist, Ngozi Okonjo-Iweala will soon become the Director-General of the World Trade Center following her opponent’s withdrawal. Nigeria’s ex-finance Minister, Ngozi Okonjo-Iweala is now set to become the next Director-General of the World Trade Center, according to a report…
The state Commissioner for Transportation, Frederic Oladeinde, disclosed this while announcing that the yellow buses would be replaced by blue buses. The Lagos State Government has revealed plans to phase out yellow buses aka Danfo in accordance with its transportation…
Belgium could decide that hairdressers will be allowed to reopen – under strict conditions – during the Consultative Committee on Friday, according to Federal Health Minister Frank Vandenbroucke. On Friday 5 February, the Consultative Committee will discuss the possible reopening…
Amazon.com Inc on Tuesday said founder Jeff Bezos would step down as CEO and become executive chairman, as the company reported its third consecutive record profit and quarterly sales above $100 billion for the first time. The transition, slated for…
From now on, Belgium also recommends wearing a face mask in the office, based on the latest advice from the Risk Assessment Group (RAG). The new RAG advice recommends wearing masks in the office and other enclosed spaces that people…
Singapore has moved a step closer to a driverless public transport network with the launch of a new trial of self-driving buses. Orderly and high-tech, the Asian city-state has become a testbed for self-driving vehicles and has developed home-grown technology…
Thousands of farmers in tractor convoys burst through police barricades Tuesday to take their protest against agriculture reform to the heart of India’s capital, just as the nation marked Republic Day with a giant military parade. Police had earlier sealed…
Investors have witnessed a huge loss after bitcoin lost more than half of its value early Friday. Millions of people who invested in cryptocurrency, Bitcoin have suffered a huge loss after the flagship crypto suffered massive loss early Friday. It…
Bars and restaurants in Belgium want to begin reopening step by step from 1 March, according to CEO of Horeca Vlaanderen Matthias De Caluwe. In a proposal submitted to the authorities, De Caluwe requests to take very strict measures for…
China’s economy picked up speed in the fourth quarter, with growth beating expectations as it ended a rough coronavirus-striken 2020 in remarkably good shape and remained poised to expand further this year even as the global pandemic raged unabated. The…
A proposed low-cost carrier – Green Africa Airways – is set to commence operations in Nigeria. It has already reached the final stage of certification. It was learnt that the promoters of the carrier are putting finishing touches to secure…
Autogrill, the company that operates the KFC at Brussels’ Gare du Nord station, has announced that it will take STIB and the Brussels-Capital Region to court, after the news it would have to close shop in a few months. The…
Ghana plans to invest about 17 billion dollars (100 billion Ghana cedis) to revitalise its post-COVID-19 economy, the Ghanaian President, Nana Addo Akufo-Addo, said on Tuesday. Delivering an address in parliament to conclude his first term in office, Akufo-Addo said…
President Muhammadu Buhari on Friday expressed optimism that the reopening of Nigeria’s land borders will improve its economy, telling the country’s West African neighbours that it is ready to do business with them. “The message to our West African neighbours…
The federal government of Nigeria has suspended its earlier directive which banned the registration and replacement of old sim cards. This development was made known on Thursday, 31st December in a statement by the Association of Licensed Telecoms Operators of…