Opeyemi Quadri 
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 … Read more
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