60 4G Mobile Towers to be Built in Zambia’s Rural Areas for Better Connectivity
The Zambian government is set to enhance internet connectivity in rural areas by constructing 60 new 4G mobile towers. This initiative follows the...
Bill Gates and Jeff Bezos-Backed Firm Discovers Massive Copper Deposit in Zambia
KoBold Metals, a California-based metals exploration company backed by billionaires like Bill Gates and Jeff Bezos, has discovered a substantial copper deposit in...
CBN Discovers False 2.4 billion FX Backlog
In a recent interview with Arise Television, Central Bank of Nigeria (CBN) Governor Olayemi Cardoso disclosed that 2.4 billion of the $7 billion...
Minna Residents Protest, Say They can’t Even Feed Once a Day
Residents of Minna, Niger State, took to the streets on Monday to voice their frustrations over the escalating cost of living. The impassionate...
Nigeria’s Electricity Grid Collapses Again
Nigeria faced yet another electricity grid collapse on Sunday, plunging several cities, including the capital Abuja, into darkness. The Abuja Electricity Distribution Company...
Apple’s Vision Pro: Magic or a Mirage?
The Apple Vision Pro made its debut in US Apple stores on Friday, marking the tech giant’s first major release since the Apple...
CBN’s Recent Effort to Stabilize Nigeria’s Volatile Exchange Rate: a Policy Overload?
“CBN bans banks and Fintechs from International Money Transfers” “CBN mulls the conversion of 30bn domiciliary accounts to Naira” “CBN hikes import duty...
In 24 hours, CBN increased Import Duty by another 4.4%
The Central Bank of Nigeria (CBN) has raised import duty rates by 4.4 percent within 24 hours, causing uproar among importers and Customs...
CBN Denies Plan To Convert $30bn Domiciliary Deposits To Naira
The Central Bank of Nigeria (CBN) has refuted claims about converting the $30 billion in domiciliary bank deposits to local currency. In a...
Just In: Customs Approves 43% Increase in Import Duty
The Central Bank of Nigeria (CBN) has given the nod to a significant 43% hike in import duty rates, making it the fourth...
“Women’s thirst for lace wigs devalue the naira”- AriseTV’s Rotus
Rotus, a broadcaster, has alleged that Nigerian women are partly responsible for the devaluation of the naira due to their thirst for lace...
Naira Hits All-time Low at N1482.57/$ in Official Market
The naira has experienced significant decline, reaching a new all-time low in the official Investor and Exporter window of the foreign exchange market....