Parallel market responds to devaluation, as dollar trades at N500
The parallel market has responded to the fresh devaluation of the naira amidst growing foreign exchange illiquidity. The local currency weakened to N500/$ at the black market at the weekend. Read More
Telcos: a growth accelerator for Africa’s post-pandemic economy
Telecommunications companies have a significant role to play in Africa as growth accelerators, as we look to narrow the digital divide and to build a resilient post-pandemic economy. Read More
How to stave off recessed economy in housing, by experts
There is widespread anxiety as Nigeria has entered another recession amid the coronavirus pandemic. The worst hit by the declining economic trend had been the housing industry, which was nursing injuries from government policies in the last four years.
Digital giants sign on to fair tax initiative
Some 75 major tech players, including Google and Facebook, are backing a French initiative committing them to making a “fair tax contribution” in countries where they operate.