There are nine major mineral resources in Anambra state, but crude oil is most likely to fetch the state its highest revenue following an official designation of Anambra as an oil-producing state on September 2, 2021. Although the decision of the Federal Government to designate the state an oil-producing area was taken at the RMAFC’s […]
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In 2021, Akwa Ibom State received NGN91.16 billion as derivation revenue from the Federal Government. Although the state is blessed with 11 major mineral resources, crude oil is the major resource that generates the most revenue for the state. However, the list of mineral resources that can be found in Akwa Ibom state are: Crude oil
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Abia state is blessed with seven major natural resources, however, oil/gas is the major focus of the state just the way Nigeria’s economy depends on crude oil. It is one of the oil-producing states in Nigeria, as such, it gets derivation revenue like other states that are blessed with crude oil. Specifically, one of the
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The announcement of the Central Bank of Nigeria (CBN) on Wednesday, June 14, 2023, is good and bad news for Form A applicants, especially Nigerian students seeking to pay fees abroad. Let’s talk about the bad news: before the floating of naira, form A applicants got an official rate of 463.38/USD for their forex needs.
What Does Naira Float Mean For Form A Applicants? Read More »
Nigeria’s apex bank says naira4dollar scheme will end by June 30, 2023. The scheme was introduced by on March 5, 2021. This cessation of the scheme becomes necessary as a result of the unification of the exchange rate on the order of President Bola Tinubu. CBN’s Director of Financial Markets Dr. Angela Sere-Ejembi in a
CBN Ends Naira4Dollar Scheme Amid Exchange Unification Read More »
A recession is a time of uncertainty for small businesses, and it can hit them hard. Unfortunately, it’s not something that business owners have any control over. However, there are steps that small businesses can take to minimize the impact of the recession on their business. In this article, shared below by Infomediang.com, we will
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Following the unification of the exchange rate by President Bola Tinubu, $/NGN is now determined by the prevailing to unify the prevailing market exchange rate. What does it mean to float the naira? Floating the naira means that the Central Bank of Nigeria is no longer controlling or fixing the value of the Nigerian currency
Benefits of Floating The Naira, Here Is My Simple Analysis Read More »
The cryptocurrency sector has opened many new investment ventures apart from crypto trading, which is already very popular. Whether you want to invest individually or as a company, there are many exciting business ideas to choose from. Some are as easy as buying and selling cryptocurrencies on an exchange for profit while others are as
Profitable Investment: The Complete Guide to Crypto Business Ideas Read More »
Artificial intelligence is now an essential part of many industries, including marketing. Your marketing plan can change and become more effective by utilising AI tools. There are numerous technologies that can enhance your business operations, whether you are a freelancer running a one-person operation or in control of several personnel. Your company’s game plan should
Top 10 AI Tools for Marketing Your Business in 2023 Read More »
Engineering has traditionally been a male-dominated subject, although outstanding women have bucked social expectations and made substantial contributions to the field throughout history. These women have demonstrated outstanding brilliance and broken glass ceilings with their ground-breaking structural designs and technical advances. In this essay, we emphasize the influence, resiliency, and unshakable commitment of women in
Minds of Steel: Celebrating Women’s Brilliance in Engineering Read More »
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