insert_link Africa Nigeria fines cryptocurrency trading company Nigeria has slammed a 10 billion dollar fine on cryptocurrency trading firm, Binance. It says the firm manipulated foreign exchange rates through currency speculation and rate fixing. Tesem Akende reports. todayMarch 4, 2024 42
Entertainment Disney’s ‘Iwájú” is a love letter to Lagos New six episode series "Iwájú" is Disney's first collaboration with Pan-African entertainment company Kugali, bringing the audience to a futuristic Lagos, Nigeria. todayFebruary 28, 2024 41
insert_link Africa Bees bring honey and hope to a forest reserve in Nigeria Image of a honeybee by Andrea Fabiani Ph via Wikimedia Commons (CC BY-SA 3.0). By Orji Sunday via Mongabay Nightfall at the Ngel Nyaki Forest Reserve field station is clad in the whispers, chirps and trills of insect song. Flames from the burning wood in the fire pit pierce the darkness as flashlights held by field assistants and patrollers reveal a river of fog flowing over the surrounding grassland and […] todayFebruary 27, 2024 54
insert_link Africa Lagos: drugs, firearms and youth unemployment are creating a lethal cocktail in Nigeria’s commercial capital By Adewumi I. Badiora, Olabisi Onabanjo University Lagos is the most populous city in Africa and a regional economic giant, having west Africa’s busiest seaport. It is the centre of commercial and economic activities in Nigeria. The city’s population is estimated to be 20 million people. The existence of informal settlements makes it difficult to come up with a more precise number. Lagos has grown rapidly since […] todayFebruary 21, 2024 22
Africa Tech-savvy Africans are hedging against inflation by going digital By Conrad Onyango, bird story agency The recent announcement by Opera MiniPay that it had signed up over one million users in Kenya, Nigeria, and Ghana just five months after its launch is the clearest indication yet of the rising popularity of decentralised finance, or DeFi tools, across the continent. “MiniPay makes it easier and more affordable for individuals across Africa to acquire, send and receive Mento […] todayFebruary 19, 2024 19
insert_link Africa Nigerian E-payments eclipse South Africa’s 2022 GDP, in latest surge When the Nigerian Central Bank introduced newly designed currency notes in November 2022 and a month later put a cap on the maximum amount of hard cash that individuals and corporations could withdraw, the idea was to tame money laundering in the country. During that year’s Christmas festive season and in the run-up to the 2023 Nigerian presidential election in February 2023 –– two high spending seasons –– the country […] todayFebruary 15, 2024 14
insert_link Africa African football won the 34th Afcon, with Côte d’Ivoire a close second By Chuka Onwumechili, Howard University The 34th Africa Cup of Nations (Afcon) came to an end in Côte d'Ivoire with millions of viewers around the world shouting at TV screens, and an astonishing performance by Côte d'Ivoire both on the field as champions and off it as hosts. The west African country beat Nigeria 2-1 in the final but the good news was bigger than the match. […] todayFebruary 14, 2024 6
insert_link Business / Economics Investment in African women-founded and led startups remains a bright spot in a global ecosystem drained of funding. By Conrad Onyango, via bird story agency Africa’s women-led startups retained their sparkle through 2023, against the backdrop of one of the darkest periods for global startup funding, raising US$200 million, 7% growth over the previous year, according to a report from Africa: The Big Deal. In 2022, these female-founded ventures had grown by 4%. The amount remains significantly lower than the US$ 2.7 billion raised […] todayFebruary 9, 2024 6
insert_link Africa Nigeria’s street food: tasty but toxic? Expert shares advice to make it safer By Helen Onyeaka, University of Birmingham In the lively streets of Nigeria’s cities, where delicious street food is a daily delight, a wide variety of food can be bought and consumed instantly. From the sizzling suya snack in Abuja to the aromatic jollof rice in Lagos, street food has become an integral part of Nigerian life. However, beneath these enticing flavours lies a critical question of public safety […] todayFebruary 9, 2024 43