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The World Bank’s Financial Statement has revealed the position of Nigeria among the loan collectors of the institution. It’s quit unfortunate that Nigeria has ascended to the 3rd position with $2.2 billion increase on the list of largest debtors to the World Bank’s International Development Association (IDA) as of June 30, 2024. Meanwhile, it’s important to … Read more
This is what is being done in other countries around the world. When there are innovations in the system, you must plan to regulate them in a way that is not detrimental to the economic development of Nigeria.
The African Development Bank Group (AfDB) has approved a $10 million junior equity investment in the KawiSafi II Fund, aimed at empowering climate-focused startups across Africa so that those startups focused on investing in climate-related projects in vulnerable communities. Amar Inamdar, Managing Director of KawiSafi Ventures, made it cleared the catalytic nature of the African … Read more
Google Photo is adding new manual editing tools and AI-powered presets to speed up video-editing process on the gallery app. This update was announced by Google in a blogpost. Upon arrival, the features will be available on Android and iOS devices (iPhone and iPad). The new video-editing features are advanced manual editing tools that helps incorporates … Read more
OPay has blocked and restricted the account of a UK-based Nigerian scholar for receiving a sum of N952,363 (approximately $2,000 USD) into his account. The fintech company cited security concerns over fraudulent account funding (inward transfer) and the need to comply with KYC (know your customer) requirements as reasons for the account suspension and fund … Read more
