Explainers

Nigeria’s national grid experienced a total system collapse, marking the first such incident in over a year. The Enugu Electricity Distribution Company (EEDC) Plc confirmed the collapse, stating that it occurred at about 12:40 am. Ndidi Mbah, the spokesperson for the Transmission Company of Nigeria (TCN), also verified the development,…

Nigeria, Africa’s most populous nation, is home to some of the richest men on the continent. From Femi Otedola to Aliko Dangote, billionaire Mike Adenuga, and even Tony Elumelu. But this is just a little scratch on the surface. Others like Sayyu Dantata however are the new kids on the…

You can supercharge your sales by understanding the difference between your customer and consumer. There’s so much noise between what a...

It’s often said that it’s a lot harder to succeed here in Africa than in most other parts of the world. We live in a continent plagued by poverty, bureaucracy and several unnecessary roadblocks that make living a lot more difficult. While you might not have control over certain challenges…

Algorithm. This is a keyword you should keep in mind if you want your small business to thrive on social media. We’ll expatiate on this in subsequent paragraphs. You probably already know that the internet, precisely social media, is the new sales driver for small businesses and not-so-small ones. It…

The cryptocurrency market experienced a bloodbath of sort on Wednesday as prices devastatingly plunged – from Ethereum, Tron, Doge, Litecoin and Ripple to Bitcoin, the most valuable crypto that took the hardest hit. Bitcoin hit an all-time high of more than $64,000 per unit in mid-April, a 450% rise in…

Nigerian President, Muhammadu Buhari on Thursday evening approved the suspension of Hadiza Bala Usman, the Managing Director and Chief Executive Officer of the Nigerian Ports Authority (NPA). According to a statement released by the Presidency, Hadiza was asked to step aside to allow investigations into some allegations of impropriety against…

Microsoft Corporation recently announced that it has partnered with the Nigerian government to accelerate the country’s digital transformation, following a discussion the tech giant had with Nigeria’s vice-president, Yemi Osinbajo in January this year. This is not the first time Microsoft would support Nigeria’s tech ecosystem. In 2019, the corporation…

Mawas said while the market presents a vast array of earning potentials, all beginner traders need to first understand the differences between FX and CFD trading.

Without a decisive game plan in place, trading can be considered exceptionally high risk and more of a gamble instead of a smart investment strategy