Francis Abel 
In response to the Nigerian government’s crackdown on cryptocurrency platforms, KuCoin, a major cryptocurrency exchange, has taken significant action. The platform has deactivated its peer-to-peer (P2P) function for Nigerian users and delisted the Nigerian naira from its services. The P2P function, which enables direct trading between buyers and sellers without third-party intervention, has been temporarily … Read more
The National Bureau of Statistics (NBS) has released its latest data, revealing that Nigeria’s inflation rate surged to 33.69% in April 2024, up from 33.20% in March 2024. This 0.49% increase marks a continued upward trend in the country’s inflation rate. The NBS report, titled “Consumer Price Index April 2024,” highlights that the year-on-year headline … Read more
The value of the naira continued its decline on Tuesday, depreciating further at both the Nigeria Foreign Exchange Market (NAFEM) and the parallel market. Closing at N1,520.40 to the dollar at the official end of the market, the naira experienced a downward slide from its Monday rate of N1,478.11 to the dollar. Similarly, on the … Read more
As the world grapples with environmental concerns and the push for sustainable living, the automotive industry has responded with a wave of fuel-efficient cars that not only save money at the pump but also contribute to a greener planet. In this blog post, we’ll take a deep dive into the most fuel-efficient cars available today, … Read more
Exciting news emerges from the Nigerian National Petroleum Company Exploration and Production Limited (NNPC E&P Ltd.) and Natural Oilfield Services Ltd. (NOSL) as they announce the successful commencement of oil production at Oil Mining Lease (OML) 13 in Akwa Ibom. This collaborative effort marks a significant milestone in Nigeria’s oil and gas sector, signaling a … Read more
The International Monetary Fund (IMF) has issued a stark warning to President Bola Tinubu, urging him to take decisive action to remove implicit fuel and electricity subsidies in Nigeria. In a recent report, the IMF highlighted the substantial impact of these subsidies, estimating that they would consume three percent of the nation’s Gross Domestic Product … Read more
The Presidential Fiscal Policy and Tax Reforms Committee (PFPTRC) intended to exempt 95% of operators in the informal sector from any form of taxation. The Taiwo Oyedele-led panel’s plan aims to reduce the burden of several taxes on small enterprises and low-income persons. Oyedele plummeted at the end of the PFPTRC’s close-out retreat in Abuja … Read more
Unveiling the Power of SEO: A Guide to Attracting More Insurance Clients Introduction: In the dynamic and competitive landscape of the insurance industry, having a robust online presence is not just advantageous; it’s essential. Search Engine Optimization (SEO) emerges as a powerful tool for insurance professionals looking to expand their reach, attract more clients, and … Read more
Over the weekend, the value of the naira experienced a decline, with the currency trading at N1,510 to a dollar on the parallel market and 1,466.31 at the official market. This recent depreciation marks a reversal in the trend, as the naira had previously shown signs of stability against the dollar, trading below N1,000, following … Read more
Navigating the Globe Safely: Unveiling 3 Essential Travel Insurance Tips Introduction: Embarking on a journey to explore new destinations is an exciting prospect, filled with the promise of adventure and discovery. However, amidst the anticipation, it’s crucial to prioritize safety, and an integral part of that is securing the right travel insurance. In this blog … Read more