FairMoney, Africa’s leading neobank, has been ranked as one of the fastest-growing companies in Africa according to the Financial Times. The ranking, developed in collaboration with Statista, highlights FairMoney’s exceptional and resilient growth since its establishment in 2017. FairMoney’s category-leading growth between 2019 and 2022 underscores its dedication to expanding …
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The Central Bank of Nigeria (CBN) has revoked its cybersecurity levy order, three days before its implementation. On May 6, 2024, the CBN issued a circular directing all commercial banks and payment service providers to implement a compulsory withdrawal of 0.05% cybersecurity levy on all electronic transactions. This was in …
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Running your own business offers a myriad of benefits, both personally and professionally. Being your own boss provides a level of independence and autonomy that traditional employment may lack. You have the freedom to make decisions, set your own schedule, and shape the direction of your business. Also, as …
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A member of the Nigerian House of Representatives, Saidu Abdullahi has revealed that there are ongoing arrangements to sell Multichoice Group and its subsidiaries to a foreign buyer. However, there is a concern as the company has unresolved tax debts and this calls for urgent actions for MultiChoice to recover …
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Long-term financial planning goes beyond mere budgeting; it’s a strategic roadmap that helps companies like MTN Nigeria prepare for unforeseen challenges and capitalize on opportunities. By establishing a solid financial foundation, the company can enhance its ability to weather economic uncertainties and maintain financial health over the long run. A …
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The parent company behind the iPhone and MacBook, Apple will now wind down its team working on electric cars, called Special Projects Group, a decade after kicking off the project, per reports on Tuesday. According to an announcement by the company executives in a short meeting, the tech giant will …
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Two senior executives at Binance, the world’s largest exchange have been detained in Nigeria, per a Financial Times report. Citing people familiar with the matter, the report says the executives flew to Nigeria following the country’s decision to ban several cryptocurrency trading websites last week. However, they have been detained …
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Investing wisely is not just a financial option; it is a strategic imperative for those aiming to build wealth, secure financial stability, and achieve long-term goals. In 2024, you must give great priority to this for your financial wellbeing. Whether you’re a novice or experienced investor, understanding the reasons behind …
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Businesses are getting modernized, globally, along with invading technological development. If you own a business then you need to promote your business and products and nothing is better than the digital media platforms. But, is it really enough that you use only social media to promote and boost your business? …
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Learn how to increase your credit limit on the OPay app with simple steps. Boost your spending power and financial freedom today! Are you looking to give your spending power a boost on OPay? Well, you’re in luck because I’ve got the lowdown on how to increase your credit limit …
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Are you considering investing in forex? The foreign exchange market offers exciting opportunities for traders to profit from currency fluctuations. However, finding the right forex trader can be a challenging task, especially for beginners. With so many options available, it’s important to choose a reliable and trustworthy trader that aligns …
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Companies are undergoing digital transformations at a dizzying rate, and technological advancements are occurring simultaneously. Several factors determine business velocity, but a sluggish or unreliable internet connection is a typical bottleneck. Viewing production and inventories in real-time is crucial for corporations with various locations. High-bandwidth networks are necessary for financial …
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South African mobility startup WhereIsMyTransport has ceased its operations due to an inability to secure the necessary funding to continue its mission. Founded in 2016, WhereIsMyTransport operated as a significant big data platform for sustainable mobility in emerging markets, aggregating and integrating data to create an open data platform. Their …
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Ivory Coast has unveiled a shift in its tax policy aimed at boosting its tax revenue. As part of this change, online sales platforms and digital services in the country will now be subject to the Value Added Tax (VAT), marking a substantial transformation in the nation’s fiscal landscape. The …
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Tech entrepreneur and billionaire, Elon Musk, has revealed plans to make X, formerly known as Twitter, to become a “Ads-Bed” for low-paying users. Musk disclosed this in a tweet, noting that the team will soon launch two new tiers of premium subscriptions. “One is lower cost with all features, but …
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