The Central Bank of Nigeria (CBN) will be extending the recapitalisation deadline for Bureau De Change (BDC) operators from December 3, 2024 to June 3, 2025. The Association of Bureaux De Change of Nigeria (ABCON) President, Alhaji Aminu Gwadabe, disclosed this yesterday during an emergency virtual general meeting organised by group for its members. He…
The naira crashed against the dollar at both official and parallel foreign exchange markets to begin the week on a negative note. FMDQ data showed that the naira weakened to N1,675.62 per dollar on Monday from N1652.62 last Friday, indicating a N23 loss. Similarly, at the black market, the naira depreciated to N1,755 per dollar…
IHS Nigeria has sealed a strategic partnership deal with the National Commission for Museums and Monuments (NCMM) and the Federal Ministry of Art, Culture, and the Creative Economy (FMACCE) to support the digitization of Nigeria’s cultural heritage. This collaboration aims to make Nigeria’s historical artifacts, artworks, and cultural monuments more accessible to the public through…
Building businesses that stand the test of time requires a blend of innovation, unwavering focus, and passion. This was the key takeaway from the latest edition of the United Bank for Africa (UBA) Business Series, hosted in Lagos. With the theme: “Profit with Purpose, Business Continuity,” the event which was held at the Tony Elumelu…
The Nigeria Customs Service (NCS), Apapa Area Command has generated N2.01trllion as at November 19 this year despite the decline in the volume of trade, Customs Area Controller (CAC) Babatunde Olomu told officers and men on a parade. He added that the command aims at achieving its N2.2trillion target for this year by the end…
The Nigeria Sovereign Wealth Fund (NSIA) has invested about $2.833 billion towards the attainment of key Sustainable Development Goals (SDGs) in the country since its establishment about 12 years ago, its Managing Director, Aminu Umar-Sadiq has said. Umar-Sadiq who spoke when the House Committee on Finance visited the agency on an oversight also disclosed that…
A leading provider of innovative travel solutions, Flymate Travel Limited, has launched Visadoc, a cutting-edge travel app designed to simplify and enhance users’ travel experiences worldwide. Visadoc empowers travelers to take control of their journey, from visa applications to booking accommodations and flights. The app offers a range of unique features and functionalities, including: Seamless…
The Internet Corporation for Assigned Names and Numbers (ICANN), the non-profit organization that coordinates the Domain Name System (DNS), has opened the Applicant Support Program (ASP) for the New Generic Top-Level Domains (gTLD) Program: Next Round. The New gTLD Program: Next Round is an initiative that will enable the introduction of new gTLDs (including those…
An Artificial Intelligence (AI)-powered platform, Hermplify, has made its debut to help women entrepreneurs and young girls in Africa grow their businesses and learn valuable tech skills. The platform is designed to make it easier for women to succeed by providing tools for managing their businesses, accessing financial support, and learning in-demand digital skills. Hermplify…
