Foremost accounting firm, KPMG has warned that Nigeria’s unemployment rate will rise further to 40.6 per cent in 2023 according to a report it published. In the report titled ‘Global Economic Outlook’, the professional services firm said the figure is…
Prospective applicants of online money lenders who were unable to conclude registration on November 14, 2022 have been given a window opportunity till January 31, 2023 to conclude the exercise. This was disclosed on Friday, in a statement issued by…
The Nigeria’s House of Representatives has asked Godwin Emefiele, Governor of the Central Bank, to suspend its latest policy – limiting cash withdrawal at deposit money banks and other financial institutions in the country. The order was given on Thursday,…
The current seven (7) million 5G connections in two of Africa’s countries – Nigeria and South Africa with the largest telecom subscribers’ base is projected to hit 150 million by 2028, according to the latest mobility report by a global…
A total package of about $8.9 billion was mobilized on Tuesday by the African Development Fund (ADF) for Africa’s low-income countries, the highest in its 50-year history. The fund will be considered in ADF’s 2023 to 2025 financing cycle. The…
The Federal Government of Nigeria (FGN) says it is ending the conditional cash transfer December 31, 2022 after six years the scheme was launched. According to the head of the National Cash Transfer Office (NCTO), Dr. Ibraheem Adam in an…
The Liberian Government will be supporting farmers as they increase climate resilient food production following the approval of $5.12 million grant from the African Development Bank (AFDB) in its Emergency Food Production Program in the country. The grant became necessary…
Nigeria’s President, Muhammadu Buhari, has unveiled the newly redesigned naira notes at the State House, Abuja on Wednesday, November 23, 2022. MAP NEWS reported yesterday that the Central Bank of Nigeria (CBN), Godwin Emefiele disclosed that the President would would…
Nigeria’s President, Muhammadu Buhari will on Wednesday, November 23 unveil the new naira notes, according to the governor of the central bank, Godwin Emefiele. Emefiele said this while briefing the media at the monetary policy communique on Tuesday, November 22…
Sequel to Monday’s budget defence session in the Senate when the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, disowned the insertion of N206 into the 2023 ministry’s budget, the Senate Committee on Special Duties has invited…
