Nigeria’s currency in circulation exceeded N4 trillion in June 2024, marking a historic milestone. This significant increase reflects various economic dynamics, including the central bank’s policies and the country’s economic conditions. Recommended article: Green Economy in Nigeria to Get Boost through DBN’s Accreditation by GCF Surge in Currency Circulation The Central Bank of Nigeria (CBN) … Read more
The controversy surrounding age restrictions for higher education in Nigeria has sparked significant debate among educational stakeholders. This issue focuses on the age limits set by the National Universities Commission (NUC) for university admissions and their effect on Nigeria’s educational system. Recommended article: UniPort Urges Integration of AI into Nigeria’s Education System Examining the Age … Read more
In a recent development, the Academic Staff Union of Polytechnics (ASUP) has suspended its planned nationwide strike. This decision comes after a series of negotiations between the union and the federal government. The strike, which was set to affect polytechnic institutions across Nigeria, has been called off following significant progress in addressing key issues raised … Read more
Port Harcourt, Nigeria – The University of Port Harcourt (UniPort) is advocating for the Integration of AI into Nigeria’s Education System. This call comes as educational leaders seek ways to modernize and improve the quality of education across the country. Recommended article: Professor Olayinka on How Uncertainty/Strikes Affect Nigeria’s Educational System Importance of AI in … Read more
The US Embassy in Nigeria has announced a significant change in its visa services. The embassy will now use a new visa service provider, a move that is expected to impact how Nigerians apply for US visas. Recommended article: Uncertainty Surrounds UAE Visa Fee Hike for Nigerians New Visa Service Provider The US Embassy has … Read more
Recently, new visa rules have been introduced, affecting Nigerians traveling to the United Kingdom. These changes come as part of an effort to streamline the visa process and ensure better management of visa applications. This article will explore these new rules in detail and provide guidance for Nigerian travelers. Recommended article: How Nigerians Can Spot … Read more
Nigeria’s Point of Sale (POS) agents, who have become a crucial part of the country’s financial ecosystem, are now facing regulatory challenges that could impact their operations. These challenges come as the POS sector continues to expand rapidly, providing essential services to millions of Nigerians. Recommended article: Green Economy in Nigeria to Get Boost through … Read more
In a remarkable development, startups in Nigeria, South Africa, and other African countries have collectively raised $1 billion in just seven months. This surge in funding reflects a growing confidence in the region’s startup ecosystem and its potential for innovation and growth. Recommended article: Green Economy in Nigeria to Get Boost through DBN’s Accreditation by … Read more
The Development Bank of Nigeria (DBN) recently achieved accreditation from the Green Climate Fund (GCF). This significant milestone will unlock new financial resources aimed at fostering green economy in Nigeria. Recommended article: Progress on Ease of Doing Business in Nigeria: Insights from Alex Otti What This Means for Nigeria DBN’s accreditation by GCF is a … Read more
The House of Representatives Committee on Public Assets has demanded financial documents from the Ministry of Finance Incorporated (MOFI) over unauthorized spending. During a public hearing in Abuja, the committee issued a seven-day ultimatum to MOFI to provide detailed records of its revenue and expenditures. The committee’s chairman, Rep. Ademorin Kuye, criticized MOFI for reckless … Read more