A business system is a set of principles, techniques, and methods applied to various business sectors to achieve desired goals. These systems are like marketing, sales models, etc. These are important aspects that must…
The Central Bank of Nigeria has debunked rumours of its plans to halt financial transactions from the 23rd to the 27th of February, 2023, ahead of the upcoming elections. A WhatsApp message stating that the apex bank…
Coinbase Global Inc has reported a loss in Q4 of the year, due to the downward pressure on trading volumes at the cryptocurrency exchange that was prompted by a string of high-profile bankruptcies in the digital assets…
Cryptocurrencies are the riskiest assets for investments, but at the same time, if you know how this market works, you can earn a lot of money on cryptocurrencies trading and investment. What is cryptocurrency trading?…
On Monday evening, there were reports of tension in the Okehi local government area of Kogi, as some suspected assailants allegedly blew up the administrative offices in the area. In January, there was a fatal explosion…
The International Monetary Fund (IMF) says the weight used by the National Bureau of Statistics (NBS) to calculate the monthly consumer price index (CPI) is “severely outdated”. The CPI is used to measure inflation by…
Some Point of Sales (PoS) operators have said the designing of naira notes has boosted their business through improved income though they said this had come at a certain cost. TALKGLITZ MEDIA reports that the Federal…
Godwin Emefiele, the Governor of the Central Bank of Nigeria, stated on Tuesday during a meeting at the Ministry of Foreign Affairs, that there is no requirement to change the deadline of February 10, 2023. The…
On Monday, security forces prevented a demonstration in Ibadan, the capital of Oyo State, protesting the shortage of new naira notes, fuel and electricity. The protesters had gathered in front of the University of…
The Inspector-General of Police (I-G), Mr Usman Baba, has mandated strict adherence to the CBN Act, 2007, which criminalizes the sale and hawking of Naira notes. This directive was confirmed by the Force Public…
Starlink, a satellite internet service owned by Elon Musk says it has commenced operations in Nigeria. Starlink is a satellite internet constellation operated by SpaceX that launched in 2019. It provides satellite…
The House of Representatives yesterday asked the Central Bank of Nigeria, CBN, to extend the deadline for use of the old naira notes by at least six months, since the new notes were not readily available. It also…
As the January 31 deadline to phase out old naira notes inches closer, the new banknotes’ shortage across the country takes its toll on Nigerians. The heat continues to mount as the Speaker of the House of…
Jumia, the leading pan-African e-commerce platform, has announced that it will no longer be accepting the old naira notes as payment at the point of delivery starting January 30th, 2023. The decision comes in response…
The Central Bank of Nigeria (CBN) has launched the Nigerian national domestic card scheme in order to strengthen the country's electronic payment system. The Nigerian national domestic card scheme is an initiative to…
The Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), interest rate, from 16.5 per cent to 17.5 per cent to rein in inflation. In December, Nigeria’s inflation rate fell slightly from 21.47 per…
Despite a directive by the Central Bank of Nigeria (CBN) to banks to load their Automated Teller Machines (ATMs) with the redesigned naira notes, financial institutions in many states are still giving their customers…
Oxfam, an international confederation against poverty says the three richest men in Nigeria have more wealth than 83 million citizens. This was disclosed in a report titled “Davos 2023 Inequality Report” unveiled at a…
The wife of billionaire Razaq Okoya, Shade Okoya is celebrating the birthday of her husband and daughter today, January 12th. She took to her Instagram page to share her love and well wishes for her husband who is…
The UK Financial Conduct Authority (FCA) has penalized Guaranty Trust Bank (GTB) UK, a unit of the lender, with a fine of £7.7 million for inadequacies in its anti-money laundering (AML) controls. The FCA announced the…