Tinubu Recovers Looted Funds From N-Power Consultant

Bola Tinubu-led government has recovered looted N-Power funds from the consultants of the youth empowerment programme. The ongoing investigation into the management of funds for the programme led to the recovery of funds held by the ‘former’ consultant of N-Power scheme, an official of the Federal Ministry of Humanitarian Affairs and Poverty Alleviation has told … Read more

Countries With Highest Youth Unemployment Rate 2023 (UPDATED)

The latest youth unemployment rate in South Africa is 60.7% – the highest in the world -, followed by another African country Nigeria. Unfortunately, South Africa and Nigeria pride themselves as the economic giants of the African continent. They both have alarming unemployment among their youths. Nigeria has the second highest youth unemployment rate with … Read more

8 Reasons Why Tinubu Suspended N-Power Programme

NPower Beneficiaries Protest in Abuja Over 3 Month Unpaid Stipend

The Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu has revealed why the Bola Tinubu-led government suspended the N-Power programme. Reasons Why Tinubu suspended N-Power: Among the reasons cited by the government include: 1) Some of the beneficiaries abscond from their place of primary assignment. 2) Some beneficiaries only expect monthly stipends without working. … Read more

Step-By-Step Guide to Buy Your First Cryptocurrency

From knowing what cryptocurrency is about to knowing the technology that powers it, this guide explores all you need to know before buying your first digital asset, including the best types of wallet and best practices to secure your wallet Key takeaways: What Is Cryptocurrency? When you hear the term ‘cryptocurrency,’ think of it as … Read more

12 Major Reasons Why Crypto Exchanges May Close Down

The rise and fall of Sam Bankman-Fried FTX and Alameda founder

Security breaches, regulatory issues, operational costs, and lawsuits are some of the major reasons crypto exchanges may stop operations. From February 7, 2014, to August 31, 2023, 431 cryptocurrency exchanges ceased operation due to hacks, scams, and undisclosed reasons. Some of them that went out of operation in 2023 include Bizlato, RippleFox, Tokencan, and 60 others. Takeaways: … Read more

64 Crypto Exchanges That Shut Down In 2023

Businesses That Shut Down

On Monday, November 20, 2023, another crypto exchange bit the dust, following an announcement by Bittrex Global that effective Monday, December 4, 2023, all trading activity on its exchange will be disabled. The collapse of Bittrex Global, one of the global crypto exchanges, adds to the list of over 60 exchanges that ceased crypto-related operations in 2023. Effective Monday 4 … Read more

10 Hidden Risks of Crypto Lending You Need to Know

crypto loans

The fact that financial regulators around the world have yet to solidify their stances on crypto lending makes crypto lending risky. Other risks associated with it include volatility, security risks, interest rate fluctuations, and lack of insurance. We will explain all the challenges of using crypto lending both for the lenders and borrowers. Challenges of Crypto … Read more

7 Strategic Ways To Commodify Cassava

What Does Commodification of Cassava mean? The commodification of cassava refers to the process by which cassava is transformed from a simple agricultural product into a standardized commodity that can be traded in the market, often on a large scale to boost the revenue of a country. Takeaways: Commodification of cassava can involve processes like: … Read more