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.
With free entry into 192 countries, Japanese and Singaporean passports are the best passports in the world while Germany and South Korea take the second spot 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.
From being a private equity lawyer to a philanthropist without borders, Efe Ukala isn’t a woman you would find dolling out cash to anyone that comes her way.
In 2018, a Nigerian woman was diagnosed with cancer, chemotherapy became a financial burden. Instead of being dejected to the disease which has killed millions of people globally, Victoria Okpanachi refused to submit her dream to cancer.
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.
There are more than 20 Nigerian 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 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 pressure on naira at the parallel market isn’t over as one USD was traded at N575 Wednesday, October 6, 2021 in locations like Allen, Opebi, Isale-Eko, and other parts of Nigeria’s commercial city
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.
Somalia, Eritrea, Libya, South Sudan, and Central African Republic are the top five worst African countries to do business. And those who have been following political development in these countries may not be surprised considering the fact that crisis is peculiar to at least four of them.
With 1,380,614,641 people, making it the second most populated continent, Africa remains an investment destination for foreign investors who want to tap into the market strength of the continent.
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.
Since Gulder Ultimate Search or GUS took off in 2004, the show, which has been described as the most “uncensored” show ever has produced several winners.
One of the impediments to business financing in Nigeria is either bad policies from the government or stringent terms by the banking institutions or both.
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).
In September, we all looked forward to the launching of eNaira, Central Bank Digital Currency (CBDC) by Nigeria’s apex, but a few hours to the D-day, the CBN rescinded his decision about the launch.
You must have heard how politicians and senior government officials in Nigeria, an oil-rich country, fly first-class air tickets to make millions of naira from their travel allowances which are officially known as estacodes.
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%.