Some automobile experts have said cars using Compressed Natural Gas (CNG) save 70 per cent in maintenance and running expenses compared to those running on Premium Motor Spirit (PMS) or petrol. They spoke during separate interviews with the News Agency of Nigeria (NAN) in Abuja. Speaking on the benefits of converting car from using petrol…
Nigeria’s potential in agro commodities exports has been estimated at $3.1 billion, according to data provided by the International Trade Centre (ITC’s) Export Potential Map. This is even as Nigeria’s agricultural sector recorded strong growth in the first quarter (Q1) of this year with exports rising to ₦1.04 trillion—a 123 per cent increase from the…
Digital Jewels in collaboration with the Africa Fintech Network, has collaborated to tackle the growing complexities of regulatory compliance in the African fintech sector. The collaboration saw the hosting of a webinar entitled: “Navigate and Comply with Regulations with Ease through International Standards and Industry Frameworks: Fostering a Culture of Transparency and Accountability.” The online…
Leading financial platform with over 30 million users on its smartphone app in Nigeria, PalmPay, has unveiled its Unstructured Supplementary Service Data (USSD) code to enhance users financial accessibility and account security. This service offers Nigerians an additional way to manage their finances without the need for internet connectivity. With the PalmPay USSD code, customers…
Leading global voices representing diverse sectors of society have gathered at SDG Digital: “A Digital Future for All” at United Nations Headquarters to showcase digital solutions and announced new commitments to realize a brighter digital future. Organized by the International Telecommunication Union (ITU) and the UN Development Programme (UNDP), SDG Digital is a cornerstone of…
Nigeria’s leading online market place, Glovo, at the weekend announced its expansion into Port Harcourt, Rivers State marking a key milestone in its mission to become the largest online marketplace in Nigeria. With its services and commitment to operational excellence, Glovo is set to provide seamless, on-demand services to the bustling city, meeting growing demand…
AFG Holding SA has acquired a controlling stake in Access Microfinance Holding AG (AccessHolding) and indirectly its African subsidiaries. The former investor group behind AccessHolding included BII, EIB, IFC, KfW, two responsAbility-managed funds, Omidyar-Tufts Active Citizen Trust, and Triodos Investment Management (through Triodos Fair Share Fund and Triodos Microfinance Fund) as well as the founding…
Nigeria’s Vice-President Kashim Shettima has advised regulatory agencies to eliminate overlaps and align their activities with President Bola Tinubu’s agenda for economic growth and enhance ease of doing business in Nigeria. Shettima spoke during the Presidential Enabling Business Environment Council (PEBEC) Regulators’ Forum to build an effective Regulatory Impact Framework (RIA) for Nigeria held at…
A technology company, Zoho, said it grew by 31per cent in Nigeria last year, one of its key markets in the Africa region. The company which provides its 55+ apps in Naira to help local businesses amid the fluctuating dollar rate also announced its collaboration with Bridge International Academies to support the education of underprivileged…
