What’s New Today?
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Nigerian firms to bid for $10 Billion Diaspora Investment Fund management
The Nigerian Federal Ministry of Industry, Trade, and Investment (FMITI) has extended an invitation to firms to bid as managers for its $10 billion Diaspora Fund. This announcement was made by the Minister of Industry, Trade, and Investment, Doris Nkiruka Uzoka-Anite, through an official statement. The managers will be tasked with identifying and nurturing ventures…
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Dollar to Naira Black Market Exchange Rate (26th April 2024)
The Nigerian Naira is on a downward trend against the US Dollar. Today, 26th April 2024, the black market offers a higher exchange rate than the official market. Dollar to Naira Exchange Rate Today CBN Official Rate: Black Market Rate: Comparison to Yesterday’s Rate: The Naira continues to depreciate against the dollar. The Nigerian Naira…
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Top 10 Most Populated Countries in Africa
There are 8.1 billion people in the world today, and this number is expected to reach 8.5 billion in three years. More than half of the predicted population expansion is expected to come from just eight nations: the Democratic Republic of the Congo, Egypt, Ethiopia, India, Nigeria, Pakistan, the Philippines, and Tanzania. Africa’s current population…
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Entrepreneurship in Nigeria: Starting and Scaling a Business
Entrepreneurship contributes immensely to Nigeria’s growth. Micro, Small, and Medium Enterprises (MSMEs) contribute 43% to Nigeria’s GDP and 83% of total employment. Entrepreneurship has created job opportunities for many people in Nigeria. However, becoming an entrepreneur in Nigeria is not easy; you must have a thick skin to weather challenges. It is one thing to…
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Industry Spotlight: Emerging Career Opportunities in Nigeria
In the coming years, many careers in Nigeria will lose relevance, and people in these professions will be stranded without a substitute income. You need to discover the jobs that will be irrelevant in years to come and the new ones that will be around for decades so that you can plan your education and…
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Spotlight on Nigerian Tech Innovations: Disruptive Startups Making Waves
Nigeria is the home of many innovative tech startups. Despite the economic challenges in Nigeria, startups thrive to challenge the status quo by consistently attracting local and international investors. Over the years, Nigerian startups have contributed to the growth of the Nigerian economy. According to a 2021 report, Nigerian startups contributed a whopping $1.09 billion…