The news cycle in Nigeria has been dominated lately by several regulations introduced by varying financial institutions. First, the Federal Inland Revenue Service (FIRS) announced a new 5% Value Added Tax (VAT) on all online transactions from January 2020. Then the federal government unveiled plans to increase the VAT paid on all goods services to […]
The Federal Bureau of Investigation (FBI) has arrested 281 individuals, including 167 in Nigeria, for their involvement in fraudulent business email compromise (BEC) schemes, the agency announced recently. Working with over 12 agencies across multiple countries, the FBI disclosed that the latest arrests are part of Operation reWired, a four-month international operation “designed to intercept […]
Xenophobic attacks have dominated the headlines this week after the latest wave of anti-immigrant violence rocked South Africa. Shops belonging to foreigners have been vandalised and looted with buildings also set ablaze. The unrest which began on Sunday in Johannesburg has since spread to Pretoria, leaving five people dead and at least 300 arrested, police […]
The Nigerian government is eyeing 11,000 megawatts of electricity by 2023 after signing an agreement with German multinational company Siemens to improve the country’s erratic power supply.
Starting and running a business has some striking similarities to adventure games. The excitement and potential pitfalls against a background of courage that’s required when seeking adventure in games, remain principal ingredients to succeed as a founder, especially when it’s a ‘first’.
Until recently, potential investors had to go to asset management companies, brokerage firms, private portfolio managers or investment firms to complete the very formal process to invest. But a new crop of mobile and web apps are leveraging tech to make investing more accessible through digital ‘retail’ investment platforms–drawing in beginner investors along the way.