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cryptocurrency,Cryptocurrencies and its usage in Africa

Cryptocurrencies and its usage in Africa

Cryptocurrency is basically, a digital currency based on an innovative technology called the blockchain. Its users range from small businesses
More pressure on the naira as Diaspora remittances to drop by 20%

More pressure on the naira as Diaspora remittances to drop by 20%

A Pan-African credit rating agency has predicted that diaspora remittances for this year are going to witness a 20% decline from last year’s figure.
Dangote Group goes to Togo, sets up fertiliser and cement factories, Dangote cement to leverage on Togolese market to boost revenue, Dangote set to push investments in agriculture , Coronavirus: Dangote pledges over N200 million donation to FG,Dangote Cement woos investors with N100 billion issue

Dangote Cement woos investors with N100 billion issue

Dangote Cement Plc, Africa’s leading cement manufacturer, is seeking to raise up to N100 billion in fresh funds from the bond market
Petroleum Industry Bill to be passed by mid-2020, says Sylva, FG discovers crude oil in north, says there’s more , OPEC, non-OPEC countries to meet as Saudi, Russia price war affects Nigeria’s budget, FG considers fuel price reduction

FG ready for OPEC talks, as brent crude risk plunging to single digit low

The Federal Government has expressed its readiness for talks with other Organization of Petroleum Exporting Country (OPEC) member states
Coronavirus pits Skype against Zoom as videoconferencing takes centre stage

Coronavirus pits Skype against Zoom, as videoconferencing takes centre stage

Video-conferencing apps are currently experiencing a surge in demand, amidst the Coronavirus pandemic which has forced many companies to resort to remote working.
Multi-millionaire actress, Funke Akindele and husband punished for breaking lockdown rules

COVID-19: Lagos punishes actress Funke Akindele, husband for breaking lockdown rules

Funke Akindele and her husband Abdulrasheed Bello have both been sentenced to 14 days of community service and required to pay fines
Female entrepreneurs get N26 billion BOI loans , BOI donates N700 million to aid fight against coronavirus

BOI donates N700 million to aid fight against coronavirus

The Bank of Industry (BOI) has donated a total of N700 million in relief funding towards supporting the fight against the coronavirus pandemic in Nigeria.
Lafarge Africa provides grant for startups, Lafarge Africa’s latest earnings report reveals 8.5% decline in gross profit , Lafarge Africa gets new CFO one month after resignation of former finance director, Lafarge Plc reveals why it invited Italian man with Coronavirus to Nigeria, Lafarage Africa group Plc posts a revenue of N213 billion in 2019, profit up N17 billion

Lafarge Africa Plc posts N213 billion revenue, profit up by N17 billion in 2019

Lafarge Africa Group Plc has announced its 2019 financial report, as it posted a profit before minimum tax of N17.2 billion in 2019, compared to a loss before minimum tax of N1.5 billion in 2018.
Antler to invest $500,000 in startups with solutions to curbing Coronavirus, calls for proposals

Antler set to invest $500,000 in startups whose solutions are curbing Coronavirus

Antler has called on startups whose businesses are combating the Coronavirus pandemic, to apply for its $500,000 funding. 
Microtraction invests in Nigerian startup, Gradely, as COVID-19 increases demand for ed-tech

Microtraction invests in Nigerian startup, Gradely, as COVID-19 increases demand for ed-tech

Microtraction has invested in Nigerian ed-tech startup Gradely, as it now joins a growing list of Nigerian startups backed by Microtraction. 

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Disrupting Nigerian banks, Evolution of Nigerian banks in 59-years , GTB, UBA, Zenith, Access Banks’ salary advance loans, Can a company operate without a website in 2019? , Banks refund N3.09 billion to customers over claims on excess charges, fraud, others  , Bank CEOs applaud NCC’s decision to suspend USSD charges, GTBank, Zenith, Access, FBN, 10 others spend over N8 billion on CSR, Banking: Evolving trends in the bankers’ market, GTBank, Access, FBNH, Standard Chartered wrestle over women entrepreneurs , GTBank, Access Bank, Zenith, FBN, 16 others disburse CBN’s N610.4 billion to farmers , Credit to government declines, as Credit to private sector hits N25.8 trillion, Banking sector NPLs down, loans up, Non-Performing Loans in Agriculture, construction, others rose to N143.76 billion, Asset seizure: Banks begins recovery of N6.125 trillion borrowed to the oil sector, Customer Experience: GTB, FCMB, Citibank, others emerge best banks in 2019, Nigeria’s top 5 banks spent more than N40 billion on adverts in 2019, Nigerian banks face risky future over low oil prices, coronavirus, Testing the financial strength of Nigerian banks

New stress test reveals which banks are most prepared to withstand Covid-19

This article reviews the strength of Nigerian banks by checking for asset quality deterioration through reviewing their recent audited financial results.
How to Get Up To A 6-Million-Naira Loan In 24 Hours From Rosabon Financial Services

How to Get Up To A 6-Million-Naira Loan In 24 Hours From Rosabon Financial...

Is Coronavirus causing you some financial constraints? If your answer is yes, then Rosabon Financial Services is your best bet to acquire the much-needed funds at this uncertain time.
Coronavirus: Turkish Airlines flight brought patient to Nigeria - LASG, Coronavirus: Lagos, Ogun govt scale-up measures to prevent disease outbreak, COVID-19: Six Patients soon to be discharged, Lagos records another coronavirus death

Lagos records another Coronavirus death

The Lagos State Commissioner for Health, Prof. Akin Abayomi has announced another coronavirus-related death via his Twitter handle on Wednesday.
World bank loans, Over 56% of 2019 budget expenditure was released for capital projects , FG changes decision to sell stake of oil assets in JVs, Finance Bill: Nigeria exempts small businesses from Company Income Tax , Finance Bill is for the good of Nigerians – Finance Minister, Zainab Ahmed, Nigeria, five other West African countries reject ‘Eco’ as ECOWAS single currency, FG rejects calls for tax reduction, tax relief for donors to intervention funds

FG rejects calls for tax reduction, tax relief for donors to intervention funds

FG has rejected calls from some experts for reduction of taxes as part of the palliatives to reduce the adverse socio-economic effect of the coronavirus.
Office of Nigeria's Account General is reportedly engulfed in flames, Auditor-General, Accountant-General, grants, FAAC disburses N327.68 billion to States and LGAs in September, as allocation drops again,

JUST-IN: Office of Nigeria’s Account General is reportedly engulfed in flames

The Abuja office of Nigeria's Accountant General, Ahmed Idris, is currently engulfed in flames.