Nigeria to Introduce New Tax Laws Regulating Cryptocurrency by September 2024
Nigeria to introduce new tax laws regulating cryptocurrency including regulations for the Nigerian crypto industry, by September 2024. The Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, announced this while speaking at the FIRS 2024 Stakeholders Engagement with the Senate and House of Representatives Committees on Finance.
Nigeria Targets Data Capture for Farmers
Nigeria targets data capture for farmers after disclosing plans to launch app. This is a collaborative initiative between the ministry of agriculture and the National Identity Management Commission (NIMC) for Nigerian farmers. This project aims to enhance the distribution of agricultural inputs and provide targeted support to farmers. During the
MTN Group Records $414.7 Million Loss, its First Loss in 8 Years
The South African-owned multinational corporation and mobile telecom provider, MTN Group records $414.7 million loss, its first loss in 8 years. The group announced a loss of R7.39 billion ($414.7 million) for the six months ending in June 2024, a stark contrast to the R4.14 billion ($232.3 million) profit recorded
MTN Nigeria Secures a License to Generate Electricity in Lagos
MTN Nigeria secures a license to generate electricity in Lagos. The Nigerian Electricity Regulatory Commission (NERC) has granted MTN a permit to generate 15.94 megawatts (MW) of electricity across four captive power plants in Lagos State. Per a statement by NERC, this license is part of a broader initiative that
Nigeria’s Waza Raises $8 Million to Expand and Launch New Trade Finance Solutions
The Y Combinator-backed B2B payment and liquidity provider for emerging market businesses, Waza raises $8 million to expand and launch new trade finance solutions. The funding consists of a $3 million seed equity round from investors such as Y Combinator, Byld Ventures, Norrsken Africa, Heirloom VC, Plug and Play Tech
VASPs in Ghana to Apply for Authorization
VASPs in Ghana to apply for authorization once a regulatory framework is established. The Bank of Ghana (BoG) has issued draft guidelines proposing regulatory measures on digital assets, such as cryptocurrencies, seeking recommendations from industry players, experts, and the public by August 31, 2024, to determine the next steps forward.
Top 100 Daily Income Business Ideas for Ladies in Nigeria This Year
Are you looking for daily income business ideas for ladies in Nigeria? With the aim of supplementing your income, starting a side hustle, or diving into a full-time venture, there are numerous opportunities available. In this blog post, we’ve compiled 100 daily income business ideas for ladies in Nigeria. These
3 Minutes with the Co-founders of Reinvent CoLab
Claire Holden is passionate about people and helping them reinvent how they lead themselves, their teams & their businesses to maximize talent, leverage strengths & embrace opportunities. With a career spanning more than 20 years, and two continents. Consulting to large multinationals, medium sized companies and small start up’s. She’s
How Claire Holden and Taryn Marcus are Helping African Organizations to Thrive
Today Africa had the opportunity to chat with Claire Holden and Taryn Marcus, co-founders of Reinvent CoLab, a company that specializes in helping clients embrace and thrive in change. Meet the co-founders Claire Holden is passionate about people and helping them reinvent how they lead themselves, their teams & their
Top 15 Import Export Business Ideas for Africans This Year
The import-export business stands as one of the most dynamic and profitable ventures in today’s globalized economy. As the world becomes increasingly interconnected, opportunities for trading across borders have multiplied, offering substantial rewards for those willing to navigate the complexities of international commerce. Whether you’re a seasoned entrepreneur looking to
