Nigerian passport is one of the worst passports, ranking alongside Ethiopia, the two most populous African countries. The two most populated African countries are ranked 103 with 43 visa-free score out of 116 in the world.
In 2020, Nigeria spent around $56.61 billion USD on imports while in the same year under review, products exported from Nigeria to international markets were around $34.54 billion USD. In economics and trade, that’s a trade imbalance or trade deficit of around $22.07USD, the data obtained from the National Bureau of Statistics (NBS) put the Naira value at N7.37trn.
Since the Central Bank of Nigeria (CBN) announced to launch a digital currency dubbed “eNaira” which is globally as known Central Bank Digital Currency (CBDC), Nigerians expressed mixed reactions about the project. While some Nigerians praised it, some berated the apex bank for coming up with such idea having “ban” trading of cryptocurrency in the country early February, 2021.
CAUTION: Applying for N-Power redeployment is tricky, we urge you to first find out if there are vacancies in the new Place of Primary Assignment (PPA) you wish to move to. If you are redeployed and the new place is filled up, this may affect the process of monthly allowance. InfomediaNG Business Solutions urges beneficiaries to be careful on this.
Bitcoin price has crossed $51k a few hours ago, a remarkable recovery after the September 24 crackdown on cryptocurrency by the Chinese authorities.
At the time of this report, one bitcoin was trading at $51,417.25, the trend has also pushed the price and value of other cryptocurrencies higher at the market.
A favourable business environment is one of the key factors that drive foreign investors to a country. Government policies, security, infrastructural development are some of the things investor put into consideration, and some African countries are more serious and committed to ease the way business is done in their country.
In 2017 when I signed up on Canva, I was only using it for fun like designing birthday logo for loved ones and share them on social media platforms. But the graphic design platform – which has both premium and free option – is a useful tool for business, particularly Small and Medium Enterprise (SME).
After 10 weeks of intense competition, one of finalists Whitemoney has been crowned the winner of the 2021 Big Brother Naija, most watched TV reality show in Africa and he’d be walking home the N90, 000,000 grand prize. He beats Liquorose and four others who made it to the final stage. He polled 47% while the first runner up Liquorose had 22.99%.