Opeyemi Quadri 
There are more than 20 Nigerian non-oil products foreign buyers are searching for in the international market, you can tap from this goldmine if only you can find the right channel and know which products sell most in your target market. The point is: that Nigeria’s economic dependence on crude oil export is an indication … Read more
The latest announcement by the tech giant, Google, to invest $1 billion USD to support digital transformation in Nigeria, South Africa, and other African countries will particularly impact business activities on the continent. The US-based company said the investment would take a period of five-year and it’s aimed at reducing internet prices and increasing internet … Read more
What is an estacode? An estacode is a payment allowance paid to an official of the government to cover their travel expenses and trips outside Nigeria, including lodging and feeding. Estacode Per Night For Government Officials As of December 3, 2023, the Federal Government’s agency that determines remuneration packages of political office holders in Nigeria, the Revenue Mobilization Allocation and … Read more
Summary: Located in the Horn of Africa, Ethiopia is the second largest market in Africa and has enough resources to drive Foreign Direct Investment (FDI). The country’s huge investment in infrastructural development in the last 10 years is showing positive result while its rich soil is favourable to agriculture produce. As juicy as the country’s resources … Read more
When Nigeria adopted the Naira as its currency on January 1, 1973, the US Dollar was just 68 kobo to a Naira (less than one naira). However, today, 1 USD is worth N1,300 on NAFEM after the Central Bank of Nigeria stopped ‘subsidizing’ the value of the Nigerian currency. Here is the timeline of the … Read more
No one takes China’s cryptocurrency ban seriously anymore. In less than 10 years, the country has a history of five bans. It doesn’t look like its September 24 decision was the final because there are some platforms that enable transactions with little or no restrictions. Unlike 2013 when bitcoin experienced a massive tumble after authorities … Read more
One of the cardinal reasons why peer-to-peer exchange (P2P) came into place is go give everyone the freedom to buy and sell cryptocurrency by removing the limitation that might have been put place by the government authorities. As if the brain behind P2P had seen the future or possibly what might come from the government, … Read more
The ban on cryptocurrency by the Central Bank of Nigeria (CBN) on February 5, 2021, gave millions of Nigerians the push to further explore the financial possibilities of digital currencies. Although cryptocurrency which is backed by blockchain technology has been in existence since 2009, when the unknown Satoshi Nakamoto claimed to have invented it, the … Read more
The gorgeous sights are not the only reason to pack your bags and move out of the city for a more peaceful environment. Living in the mountains can improve your overall well-being and provide you with access to fresh air and the beauty of nature 24/7. For an investor who wants to take time out … Read more
After the long wait, the organisers of the 2021 Gulder Ultimate Search released the names of 18 contestants who will be taken to the jungle to “fight” over the N50 Million worth of grand prize. While 16 names were unveiled in September, two more applicants Osasere Agbonile and Odudu Otu were voted in by viewers, … Read more
Any investor in the United States, Germany, and Italy among other advanced economies who wishes to their business to Africa, will most likely put Nigeria on their list despite many challenges confronting the country. Summary: Nigeria has a large and ever growing market, availability of hydrocarbon resources, and commendable FDI policy, yet poorly developed transport … Read more
On September 24,2021, eToro, a global multi-asset investment platform, announced the launching of a Decentralized Finance (DeFi) portfolio that put financial services on the blockchain. Since its founding in 2007, the innovations by the socio-crypto trading platform has been outstanding, the question we don’t always ask is: who is the brain behind the success stories of … Read more
Some years back, an investor had to locate a stockbroker, fill out forms, and wait till the end of the financial year to receive dividends which were usually delivered through the postal service. It was even more difficult to invest in foreign stock back then. Today, that has changed, FinTech has simplified foreign investments and … Read more
On August 31, the Central Bank of Nigeria (CBN) said it discovered some Nigerians who bought forex for Personal Travel Allowance (PTA ) and Business Travel Allowance (BTA) with fake visas at designated banks, a practice that could lead to the blockage of account details of such defaulters or face prosecution. The apex bank immediately … Read more
Clearing and forwarding companies can’t be neglected in the supply chain of goods across the border. As such exporters and importers can’t do without them. They play a critical role in the shipping industry. In Nigeria for instance, a clearing and forwarding company or agent must be registered by the Nigeria Ports Authority (NPA). In … Read more