Month: August 2023
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People & Money
Five Tough Responsibilities for Wale Edun, the Coordinating Minister of the Economy
On Monday, the 21st of August, President Bola Tinubu swore in 45 new Ministers, four months after his inauguration. One…
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People & Money
Nigeria’s Inflation Rate Hits 24.08% in July 2023
Nigeria’s inflation rate hit 24.08% in July 2023, this is according to data released by the National Bureau of Statistics.…
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Funding Opportunities
Funding Opportunities For African Businesses
1. 2023 Call for Proposals: Right Sharing of World Resources Grant Program – Kenya. Deadline: 30-Nov-23 Applications are now open…
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People & Money
Nigeria’s Unemployment Rate Drops to 4.1%. Here is Why That is a Problem.
According to data released by the National Bureau of Statistics, Nigeria’s unemployment rate has dropped to 4.1%, an unprecedented drop…
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People & Money
Nigeria’s GDP Growth Rate Increases, Hits 2.51% in Q2 2023
Nigeria’s GDP increased by 2.51% year-on-year in real terms during Q2 2023. This is higher by 0.2% compared to the…
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People & Money
China’s Africa strategy is shifting from extraction to investment – driven from the industry-rich Hunan region
China experienced a massive economic boom in the 1990s and 2000s which increased its demand for resource imports, like oil, from Africa.…
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People & Money
There are over 600 Fintech Startups in Africa- Disrupt Africa
Disrupt Africa has released its Fintech Startup report for 2023 titled “Finnovating for Africa: Reimagining the African financial services landscape”.…
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Business Events
Naira Conference 2023, “The Naira: Paths to Institutional Reforms and Accelerated Growth”
Arbiterz Conferences’ Naira Conference 2023, “The Naira: Paths to Institutional Reforms and Accelerated Growth” Also Read: Business File: Zenith Bank’s…
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People & Money
CBN Brings Backs BDCs. How Will it Affect the Exchange Rate?
The Central Bank of Nigeria (CBN) unveiled fresh operational procedures for providing foreign exchange to Bureau-De-Change (BDC) operators within Nigeria…
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People & Money
President Tinubu Receives Petition Against Africa’s Richest Man, Dangote Over $3.4Billion ‘Siphoned’ Through Nigeria’s Central Bank
President Bola Ahmed Tinubu has received a petition against Africa’s richest man, Alhaji Aliko Dangote over $3.4 billion allegedly siphoned…
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