Nigeria’s Gross Domestic Product (GDP) recorded a year-on-year growth of 3.19% in Q2 2024, showing an increase from 2.98% in Q1 2024 and 2.51% in the same period last year, as reported by the National Bureau of Statistics (NBS). This growth was primarily driven by the Services sector, which saw an impressive 3.79% growth and…
In a significant move to boost technological innovation across Nigeria, the Federal Government, through the Presidential Standing Committee on Innovation and Invention (PSCII), has awarded N47 million in grants to 32 inventors and innovators. This initiative spans the six geopolitical zones of the country, underscoring the government’s commitment to nurturing creativity and advancing technological progress….
Nigeria’s Central Bank Lifts Suspension on Bank Borrowing Amid New Measures to Control Liquidity In a significant policy shift, the Central Bank of Nigeria (CBN) has lifted the suspension on bank borrowings from its Standing Lending Facility (SLF), setting a new lending rate at 31.75 percent. This decision follows the 296th meeting of the Monetary…
Discover How Relocation Benefits Can Boost Your Career and Lifestyle If you’re considering a move abroad, there are several countries offering enticing relocation benefits for employees and businesses. These programs can be a golden opportunity for those looking to enhance their careers while experiencing new cultures. Whether you’re interested in financial incentives or attractive living…
Data Source: BusinessDay Newspaper As concerns, controversies grow…Nigerians shocked at Tinubu’s moves… In recent months, Nigeria has witnessed a troubling shift under President Bola Tinubu’s administration, sparking widespread concern about the rise of authoritarianism in Nigeria. As the country grapples with significant economic and political challenges, many Nigerians are questioning whether the government’s actions are…
Interview with HR Specialist Sarah Lee: Mastering Budgeting for Financial Freedom Introduction: The Importance of Budgeting for Financial Success Budgeting is a fundamental skill that lays the groundwork for financial stability and success. For beginners, establishing a budget can seem daunting, but with the right guidance, it becomes an empowering tool that can lead…
Nigeria’s FX market struggles continue as the Central Bank of Nigeria’s (CBN) latest effort to stabilize the naira has fallen short of expectations. On August 6, 2024, under the new governor, Olayemi Cardoso, the CBN injected a record $815 million directly into businesses, marking the largest single-day intervention in recent history. Despite this significant move,…
In a bold move aimed at enhancing productivity and work-life balance, the UK government is set to offer significant support for remote work. This initiative reflects a growing recognition of the benefits associated with flexible work arrangements, especially as businesses and employees adapt to evolving economic and social landscapes. Embracing Remote Work for Enhanced Productivity…
Achieving financial success is a journey that requires more than just hard work; it demands a strategic approach to setting and achieving your goals. In this in-depth interview, we sit down with Alex Rivera, a successful entrepreneur and personal finance coach, to explore the power of goal setting strategies. Alex reveals how a focused mindset,…
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