First Edition of the Tastemakers Wine Series Hosted by Vendease

Real Estate

African cities are ignoring demand for middle-class housing - report

The continued market activity in major African cities to deliver residential developments within the luxury and deluxe category has created a huge gap between the demand and supply for low-income earners, a report by Estate Intel has stated. The report titled ‘Residential developers dominating Africa’s major cities’ indicated that the demand for affordable and inclusive housing schemes…
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Technology

Gender equality will improve GDP by 50% – NITDA

The National Information Technology Development Agency said that gender equality in the digital space could increase the Gross Domestic Product of the country by over 50 per cent. The Director-General NITDA, Kashifu Inuwa said this on Friday at the closing ceremony of its…
Blockchain

Faster Internet expected as broadband hits 50%

Broadband penetration is set to hit 50 per cent before the end of 2023, expanding fast Internet access to Nigerians. In the Nigerian National Broadband Plan (2020 – 2025), the Federal Government set a 50 per cent broadband penetration target for 2023. In its policy document, the government set a broadband penetration target of “50 per cent of eligible individuals with provision for physically…
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Banking

EFCC Arrests PoS Ondo Operators for Trading Naira notes

Officials of the Economic and Financial Crimes Commission were caught in several local government areas in South and North Akure, Ondo Province, and point of sale operators suspected of selling overpriced naira were arrested. On Friday and Saturday, the Anti-Corruption…
Banking

Access Bank Zambia acquires Atlas Mara

Access Holdings Plc has announced that Access Bank Zambia Limited, a subsidiary of its flagship subsidiary, Access Bank Plc, has received final regulatory approval from the Central Bank of Zambia for the acquisition and merger of African Banking Corporation Zambia Limited (Atlas Mara Zambia) into its existing operations. A statement on Friday by the Company Secretary, Sunday Ekwochi, said this was…
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Banking

CBN tells banks to open on Saturdays and Sundays.

Central Bank of Nigeria has directed all commercial banks to open for operation on Saturdays and Sundays, as part of a coordinated effort to ease circulation of banknotes of various denominations. The apex bank also confirmed the evacuation of banknotes from its vaults to…
Podcast

South Korea seeks extradition of Luna cryptocurrency founder

South Korea has announced that it will seek the extradition of fugitive crypto entrepreneur Do Kwon following the arrest of the founder of Terraform in Montenegro and an outright denial by the US of fraud charges. This was reported by the prosecutor’s office on Friday…
Agriculture

Introduction of disease-resistant corn hybrids to farms by government and groups

The Federal Government, in partnership with Export Trade Group and Nigeria Agro Inputs Dealers Association, on Thursday, unveiled disease-resistant hybrid maize seeds to boost crop production as the planting season begins. Officials from the Federal Government’s Institute of Agricultural Research, the trade group, as well as NAIDA, unveiled the ETG M401 and ETG M601 hybrid maize varieties to…
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