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The Sokoto Zonal Office of the EFCC, has arrested two Chinese: Mr. Meng Wei Kun and Mr. Xu Koi for offering a sum of N50,000,000 as bribe to its Zonal Head, Mr. Abdullahi Lawal. The suspects were arrested on Monday, May 11, 2020 in Sokoto. The bribe was allegedly offered in a desperate bid to […]
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COVID-19: President Buhari approves additional measures to tackle pandemic: President Muhammadu Buhari, on the recommendation of the Presidential Task Force (PTF) on Coronavirus, (PTFCOVID19), has approved the following additional measures: Suspension of the weekly FEC meetings until further notice. Postponement of the meeting of the Council of State scheduled for Thursday 26th March, 2020. In […]
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Aliko Dangote released 1 billion naira for training and paid 160 medical staff, built an emergency clinic in Yaba and bought 12 units of thermal cameras when Ebola struck. With Dangote’s support, that of the federal and state govt of Lagos, ebola was quickly eliminated from Nigeria. Following the outbreak of coronavirus, Mr Dangote has […]
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OFFICE OF THE VICE PRESIDENT PRESS RELEASE FINANCE ACT 2019: 20 BASIC FOOD ITEMS, SANITARY PADS, OTHERS MAKE VAT EXEMPTION LIST *New Law also promotes fiscal equity & supports MSMES In a bid to ensure that the cost of living does not rise for Nigerians because of the changes in the Value-Added Tax, several basic […]
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In an effort to protect passengers from the epidemic ravaging some countries and to prevent the spread of such communicable diseases into Nigeria, the Federal Airports Authority of Nigeria hereby advises passengers and other airport users to comply with all quarantine procedures at the nation’s airports. All the equipment and personnel used in combating the […]
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Another series on Africa business and investment OPay, an Africa-focused mobile payments startup founded by Norwegian browser company Opera, has raised $50 million in funding. Lead investors include Sequoia China, IDG Capital and Source Code Capital. Opera also joined the round in the payments venture it created. OPay will use the capital (which wasn’t given […]
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Another series on Africa Business and Investment. Pan-African e-commerce company Jumia listed on the New York Stock Exchange, with shares beginning trading at $14.50 under ticker symbol JMIA. This comes four weeks after CEO Sacha confirmed the IPO to TechCrunch and Jumia filed SEC documents. With the public offering, Jumia becomes the first startup from Africa to […]
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Another series into Africa Investment San Francisco and Lagos-based fintech startup Flutterwave has partnered with Chinese e-commerce company Alibaba’s Alipay to offer digital payments between Africa and China. The Alipay partnership follows one between Flutterwave and Visa earlier this year to launch a consumer payment product for Africa, called GetBarter. Flutterwave is a Nigerian-founded B2B […]
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Is there any prospect in doing business or investing in Africa? Believe it’s possible, If the government try to make things right, such as a favorable economy and especially security, the sky might be the limit. Let’s talk about IROKOtv, Founded by Jason Njoku. Before it was acquired by canal+, around July according to Jake […]
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RUGA settlements has been suspended at the point of writing, and it took us a while to have this written. Because there where questions that needed answers, (Take a look at the video below) for what purpose and benefit it will bring to Nigerian, will it solve the insecurity going on presently or would it […]