UK exits recession as economy bounces back
The economy of the United Kingdom emerged from recession ahead of schedule in the first quarter of 2023. According to official statistics, the GDP expanded by 0.6% between January and
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The economy of the United Kingdom emerged from recession ahead of schedule in the first quarter of 2023. According to official statistics, the GDP expanded by 0.6% between January and
Read MoreAccording to a recent Bloomberg report, the country’s currency, the naira, has declined and is now the poorest-performing currency in the world as of the last month. The reverse followed
Read MoreGlobal cryptocurrency trading platforms should be licenced or registered in Nigeria and subject to regulatory regulations, according to the International Monetary Fund (IMF). This was revealed by the Washington-based bank
Read MoreFor its entire year ending in March 2024, Airtel Africa Plc reported a $89 million loss after taxes. This was attributed to a $549 million foreign exchange loss brought on
Read MoreSome Points of Sale operators in the Federal Capital have taken issue with the Corporate Affairs Commission’s (CAC) recent rule requiring them to register with the Commission. The PoS providers
Read MoreNigerians are angry at the Central Bank of Nigeria’s recently implemented 0.5% cybersecurity levy. The Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Act, 2024, requires banks to deduct and remit a 0.5%
Read MoreAccording to reports, Binance Limited was offered a $150 million bitcoin bribe by the Nigerian government. This was revealed on Tuesday by the New York Times in an article titled
Read MorePresident Bola Ahmed Tinubu’s spokesperson, Bayo Onanuga, has clarified that the cybersecurity charge recently imposed on all banks and financial institutions is 0.005 percent, not 0.5 percent. In a notice
Read MoreIn compliance with the directives of the Central Bank of Nigeria, the Nigerian government has mandated that all point-of-sale operators throughout the nation register their enterprises with the Corporate Affairs
Read MoreThe Nigerian Stock Exchange Limited saw its first weekly gain, following a N3.54 trillion loss in April 2024. This is based on NGX data from the previous week. Last week,
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