Meta, the parent company of popular social media platforms – Facebook, WhatsApp and Instagram – will introduce a feature on its Instagram app that will allow Nigerian creators to monetise their content to enable them to earn a living using ...
Read More »Monthly Archives: March 2024
Nigeria Open For Business, Tinubu Tells Facebook, WhatsApp, Instagram’s Parent Coy Meta
…Touts digital training program for 3m youths President Bola Tinubu has said his administration was sustaining investments in digital technology to enhance the sustainability of small businesses, expand opportunities across sectors, and propel Nigeria to become the lodestar of information ...
Read More »Food Inflation Soars To 37.92% As Headline Crosses 30% Mark
As Nigerians continue to grapple under the burden of rising cost of living, the rate at which prices of goods and services in the country continues to rise has refused to abate with inflation rate rising to 31.7 per cent ...
Read More »CCDI Launches Children, Youth Initiative To Eradicate Poverty
A non-governmental organisation (NGO), Create that Change Development Initiative (CCDI) has launched an initiative with the aim to help turn Nigeria’s trajectory towards eradicating poverty, supporting those in need, and making a real difference in the lives of children and ...
Read More »UBA’s REDTV Kicks off Hit Show Series
REDTV, United Bank for Africa’s Lifestyle and Entertainment channel has announced the highly-anticipated launch of the second season of its hit show – ‘When are we getting married’. The captivating series, renowned for its unique blend of romance, humour, and ...
Read More »Amid Budget Controversy: Akpabio’s Constituency Gets N21bn Projects
… Figures account for projects in only 2 ministries The federal government has persisted in its trend of lopsided financial allocations in the annual budget, contrary to the intended purpose of even wealth distribution. Investigations by this newspaper reveal that ...
Read More »FG Rakes In N2.33trn From VAT, CIT
The federal government in the last three months of 2023 raked in N2.33trillion in Value Added Tax (VAT) and Company Income Tax (CIT), a decline from N2.73trillion which it made in the preceding quarter between July and September last year. ...
Read More »Nigeria’s Inflation Hits Record 31.70%
Inflationary pressure in Nigeria has continued on a rise with the National Bureau of Statistics (NBS) data showing that headline inflation rate increased to 31.70% relative to the January 2024 headline inflation rate which was 29.90%. That implies that in ...
Read More »FG Earmarks N160bn For Student Loan, Consumer Credit
… Says no case of padding in 2024 budget The federal government has said a total of N160 billion was voted for consumer credit and implementation of student loan scheme in the 2024 national budget. Minister of Budget and Economic ...
Read More »CBN Bars Banks From Profiting From Forex Revaluation
The Central Bank of Nigeria (CBN) has re-emphasised that banks are barred from paying dividends to shareholders or spend on operating expenses from foreign currency revaluation gains but are expected to set the gains aside. Foreign exchange revaluation gains occur ...
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