Just in: Trump imposes visa ban on pregnant women coming to deliver in US
For Nigerians and other African pregnant socialites wishing to travel to United States of America (USA) to deliver their baby so that their new born will automatically become US citizen, it’s all over today, Thursday, January 23, 2020. Why? The…
Just in: Bharti Airtel, others seek regulator’s review of data pricing in India
At a time Nigerian data services providers’ had apparently become tired of prevailing on the Nigerian Communications Commission (NCC), to review Nigerian Data price Floor (DPF) in line with current economic realities, India’s big three operators— Bharti Airtel, Vodafone Idea…
Jumia Nigeria gets new CEO as Anammah moves up to oversee Africa operations
Leading global e-Commerce giant, Jumia has announced strategic restructuring to deepen offerings in Nigeria and across Africa. Making the restructuring public Wednesday in Lagos, Co-founder of Jumia Group, Mr Jeremy Hodara, presented Mr Massimiliano Spalazzi, as the EVP Marketplace/Chief Executive…
CBN still mute on rising risks of card use for online transactions—BHIU
In the last couple of months, there had been rising cases of money in accounts being wiped out shortly after using debit card to do transactions online in Nigeria. Investigations by Business Hilights Intelligence Unit (BHIU) showed that the risks…
Finding solution to risks in raising banks’ Loan to Deposit Ratio
In developing economies, the key to socio-economic growth is access to finance, but the challenge is to increase loans to individuals and SMEs without suffering the fall-out of bad debt. Few months ago, the Central Bank of Nigeria (CBN) increased…
‘Putin’s retaining of friendly Russia’s energy minister good for Africa’-AEC
Russia’s President Vladimir Putin has appointed a new cabinet, keeping key ministers. Amongst those retaining their seats in office is the country’s energy minister Alexander Novak who played an instrumental role in the oil production deal with the Organization of…
This is time to ride on AfCFTA to invest in Africa, AfDB tells UK investors’
More facts are still emerging from the UK Parliamentary Symposium, coming on the sidelines of the UK-Africa Investment Summit (UK-AfIS) in London this week. African Development Bank (AfDB) President, Dr Akinwumi Adesina has charged UK investors saying based on the…
World Customs Organisation working on new taxonomy of goods from 2022
Global regulatory body of Customs, the World Customs Organisation (WCO), has introduced the seventh edition of the Harmonised System (HS) nomenclature used for the uniform classification of goods traded internationally but will come into effect by 2022. WCO usually introduces…
