In a move set to revolutionize business communication across Africa, GO54, formerly known as Whogohost, has unveiled its groundbreaking partnership with PressOne Africa. This strategic collaboration promises to elevate the standard of business communication services offered by GO54, empowering businesses to unlock new levels of growth and success.

The news, which was announced earlier today, represents a major turning point for PressOne Africa and GO54. Together, these two titans of the industry hope to provide companies cutting-edge solutions that are specifically designed to satisfy the changing demands of the ever-changing market.

Customers of GO54 will have access to PressOne Africa’s state-of-the-art business communication solutions through this agreement, which are intended to improve customer satisfaction and expedite processes. Among the main benefits of this partnership is that companies may quickly and easily become well-known in the marketplace by using the professional phone numbers that are provided to them.

Additionally, companies using GO54’s services will now be able to add customized greetings to their customer encounters, strengthening their brand identity and cultivating more enduring client relationships. Furthermore, companies can effectively track all incoming and outgoing calls thanks to the integration of PressOne Africa’s platform with GO54’s services, which offers insightful data for performance optimization and strategic decision-making.

Continue reading at https://macadano.com/go54-partners-with-pressone-africa/

The Central Bank of Nigeria (CBN) has notified Bureau De Change (BDC) operators that it has sold $10,000 to each BDC at a rate of N1,251 per US dollar. This information was shared in a circular addressed to the President of the Association of Bureau De Change operators of Nigeria. Hassan Mahmud, the Director of the Trade & Exchange Department, signed the circular. Additionally, the CBN instructed each BDC to sell the dollars to eligible customers at a rate not exceeding 1.5 per cent above the purchase price.

Continue reading at http://mnews.com.ng/2024/03/25/dollar-exchange-rate-cbn-sells-forex-to-bdc-at-n1251/

In a series of recent matches, Nigeria’s national football team, the Super Eagles, has shown signs of struggle, raising concerns about the country’s qualification for the 2026 World Cup. The team’s last two draws against Lesotho and Zimbabwe have left fans questioning the players’ performance, particularly the lackluster goalkeeping and the coach’s ability to guide the team to success.

The Super Eagles’ typically formidable lineup faced unexpected challenges in the matches against Lesotho and Zimbabwe, resulting in unanticipated draws that have jeopardized Nigeria’s standing in the World Cup qualifiers. Fans and analysts alike have expressed disappointment in the players’ performance, citing a lack of cohesion and intensity on the field.


Criticism has been particularly directed at the goalkeeper, whose seemingly lackluster goalkeeping during crucial moments has raised eyebrows. Fans had grown accustomed to a certain level of skill and reliability in the goalkeeping position, but recent performances have left many questioning whether changes are needed to bolster the team’s defensive capabilities.

Moreover, the spotlight is now firmly on the coach, with questions arising about the technicality and strategic decisions employed during these critical matches. The ability to secure victories in key qualifiers is essential for a team eyeing a spot in the prestigious 2026 World Cup, and doubts surrounding the coach’s capability to lead the Super Eagles to success are gaining traction.

As Nigeria navigates the remaining qualifiers on the road to the 2026 World Cup, fans are hopeful that the team can overcome these recent challenges. The pressure is mounting for both players and the coaching staff to address the identified shortcomings and regain the confidence of supporters who are eager to see the Super Eagles.....

Continue reading at
https://mnews.com.ng/2023/11/19/nigeria-faces-uphill-battle-as-2026-world-cup-nears/

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A Member of Parliament from Kenya, Ronald Karauri, has decided to reward a pastor known as ‘Daniel’ who recently recreated a scene from the Bible by entering a lion’s den. Karauri has offered to take the pastor on an all-expenses-paid trip to Masai Mara National Reserve to observe lions in their natural habitat. The pastor gained widespread attention after a video of him interacting with three lions in a seemingly fearless manner went viral on social media.

Despite provoking the lions, they remained surprisingly calm, and at one point, he even placed his hands in a lion’s mouth. Before locking himself in the den, the pastor invited local church members to witness his actions. It remains unclear whether the pastor has accepted the MP’s generous offer. However, some conservation activists warn that such stunts could face legal obstacles, as harming wildlife, even seemingly docile lions, can lead to severe legal consequences due to the unpredictable...

Continue reading here
https://mnews.com.ng/2023/09/30/kenyan-pastor-who-entered-lions-den-did-something-unbelievable-ble/

Tobi Amusan showcased her incredible athleticism once again, asserting her dominance in the women’s 100 meters hurdles at the prestigious Diamond League event held in Eugene, Oregon, USA. This remarkable performance occurred on a Sunday evening, with Amusan crossing the finish line in an astonishing 12.33 seconds, securing her third consecutive Diamond League title. The competition was intense, highlighting Amusan’s unwavering determination and skill on the track.

The Diamond League series is an annual showcase of elite track and field competitions, featuring fourteen of the world’s most prestigious invitational athletics meetings. It is widely regarded as one of the top-tier one-day competitions in the world of athletics.

Continue reading at https://mnews.com.ng/2023/09/18/tobi-amusan-shines-in-womens-100m-hurdles-clinches-third-consecutive-diamond-league-title/

Nigeria is currently undergoing a currency redesign policy aimed at upgrading the security features of banknotes. However, this presents an opportunity for the government and financial institutions to accelerate the adoption of digital payment methods and switch to a cashless economy.

The concept of a cashless economy has been gaining attention in recent years due to its potential to reduce the cost of managing physical cash, curb corruption, and increase financial inclusion. A cashless economy refers to a situation where financial transactions are conducted using digital payment methods, such as mobile money, internet banking, and cards, without the use of physical cash.

One of the primary advantages of a cashless economy is increased transparency, as all transactions are recorded electronically, making it easier to detect and prevent fraudulent activities. Additionally, a cashless economy promotes financial inclusion by making it easier for people without access to traditional banking services to participate in the economy. Digital payment methods are more convenient and cost-effective, especially for small transactions, and can help reduce the cost of managing physical cash.

To harness the opportunity presented by the currency redesign policy, the government and financial institutions need to work together to create awareness and promote the adoption of digital payment methods. This could include measures such as reducing transaction fees, improving the reliability of digital payment systems, and educating the public on the benefits of going cashless.

One of the critical factors that hinder the adoption of digital payment methods in Nigeria is the low level of financial literacy among the populace. According to a survey conducted by the Central Bank of Nigeria in 2018, only 40% of Nigerians were financially literate, indicating a significant gap in financial knowledge and awareness. The government and financial institutions need to invest in financial education programs that will empower Nigerians with the necessary skills and knowledge to embrace digital payment methods.

Another challenge to the adoption of digital payment methods in Nigeria is the lack of adequate digital infrastructure. Nigeria's digital infrastructure is still in its infancy, with limited internet penetration, poor network coverage, and low smartphone adoption rates. The government needs to invest in developing digital infrastructure that will support the growth of a cashless economy. This includes expanding network coverage, improving internet penetration, and encouraging the adoption of smartphones.

One of the most significant barriers to the adoption of digital payment methods in Nigeria is the low level of trust in financial institutions. Many Nigerians still prefer to use physical cash because they do not trust financial institutions with their money. This lack of trust is due to past experiences of fraud, corruption, and mismanagement by financial institutions. To overcome this challenge, financial institutions need to improve their transparency, accountability, and customer service. They need to demonstrate their commitment to safeguarding customers' funds and providing quality services.

The government can also play a role in promoting trust in financial institutions by implementing regulatory policies that protect consumers' rights and interests. This includes enforcing consumer protection laws, ensuring compliance with anti-fraud and anti-money laundering regulations, and promoting transparency and accountability in the financial sector.

The adoption of digital payment methods has the potential to transform Nigeria's economy by promoting financial inclusion, reducing corruption, and improving efficiency. However, it requires the collaboration of the government, financial institutions, and other stakeholders to create an enabling environment that will support the growth of a cashless economy.

In conclusion, the current currency redesign policy presents an opportunity for Nigeria to accelerate the adoption of digital payment methods and switch to a cashless economy. To achieve this, the government and financial institutions need to work together to create awareness, invest in digital infrastructure, improve financial literacy, and promote trust in financial institutions. The benefits of a cashless economy are enormous, and Nigeria can reap the rewards by embracing this transformative concept.

More on https://mnews.com.ng/2023/03/13/why-nigeria-should-harness-naira-redesign-to-switch-to-digital-payment/

The presidential election conducted by Independent National Electoral Commission (INEC) on Saturday, February 25, 2023, across the federation, has started gathering outcomes through the collation of results and release of results for each state.

The election is one of the most keenly contested election since the emergence of democratic rule in the nation. The three major contestants are Bola Ahmed Tinubu of All Progressivs Congress (APC), Atiku Abubakar of People’s Democratic Party (PDP), Peter Obi of Labour Party.

The result for the states already announced by INEC as follows:

EKITI STATE
APC – 201,494

PDP – 89,554

LP – 11,397

NNPP – 264


Continue reading https://mnews.com.ng/2023/02/27/live-update-2023-presidential-election/

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Following a contentious build-up, Fifa wrote to each of the 32 World Cup teams instructing them to “now focus on the game.”

The host nation of Qatar has come under fire for its views on same-sex couples, record on human rights, and treatment of migrant labor.

Football shouldn’t be “dragged” into ideological or political “battles,” according to the letter, and it shouldn’t be “handing out moral teachings.”

According to the British Broadcasting Corporation, some players have prepared civil protests.

Harry Kane of England and nine other captains of European countries will don armbands with the slogan “One Love.”

Also, despite France being the defending champions, Paris and other French cities are refusing to show matches in public spaces.

Furthermore, the Australian team has made a film calling on Qatar to repeal its restrictions on same-sex unions.

Meanwhile, Hummel, the company that makes Denmark’s uniforms, has stated that it “does not intend to be visible” in a competition that “has cost thousands of lives” and that Denmark will wear “toned-down” shirts to oppose Qatar.


Continue reading
https://mnews.com.ng/2022/11/04/qatar-2022-fifa-wrote-32-teams-to-focus-on-football-and-not-ideology/

Isco Alarcon, a Spanish midfielder, has signed a two-year contract with Sevilla after spending nine years with LaLiga and Champions League champion Real Madrid.

Isco signed a two-year contract with Sevilla, which was published on their website on Monday. Isco Alarcón has now formally agreed to a two-year contract with Sevilla FC, the team declared.

Continue reading at
https://mnews.com.ng/2022/08/09/isco-signs-two-years-contract-with-sevilla-after-nine-years-at-real-madrid/

Earlier on Tuesday, news broke that the Nigerian military had arrested the terrorists responsible for the St. Francis Catholic Church attack in Owo, Ondo state. The Chief of Defense Staff (CDS), General Lucky Iraboh, confirmed this in Abuja. CDS Iraboh identified Idris Abdulmalik Omeiza as one of the attack's masterminds during a meeting with media executives.

Continue reading at
https://mnews.com.ng/2022/08/09/owo-church-attackers-arrested-and-masterminds-named/

The Sports Ministry has given medal winners their due after a record-breaking performance of 35 medals.

All medal winners who raised the Nigerian flag at the just finished Commonwealth Games in Birmingham received rewards from the country’s sports ministry. We learned that the Federal Ministry of Youth and Sports Development provided financial incentives to all medal winners and their coaches in recognition of their bravery in Birmingham.

Continue reading here
https://mnews.com.ng/2022/08/09/commonwealth-games-team-nigeria-medal-winners-get-more-financial-bonus-for-performance/

The Peoples Democratic Party has gained a significant number of former members of the Adamawa State APC (PDP). On Saturday, August 6, the defectors expressed sorrow for their seven-year membership in the ruling party, which had produced no notable results. 1,615 people have joined the PDP since they renounced the APC, and more people, they allege, are eager to do so.

Continue reading at
https://mnews.com.ng/2022/08/09/tinubu-in-trouble-as-1615-apc-members-dump-party/

Nigeria now ranks among the top 10 IDA debtors according to the World Bank due to rising debt.

Nigeria was ranked fifth on the list with a $11.7 billion IDA debt stock as of June 30, 2021, according to the World Bank’s fiscal year 2021 audited financial statements (also known as the IDA financial statement).

Continue reading at https://mnews.com.ng/2022/08/09/nigeria-now-fifth-on-world-banks-debtor-list/

Nigeria on Sunday at the 2022 Commonwealth Games added another gold to her medals as the quartet of Tobi Amusan, Favour Ofili, Rose Chukwuma and Grace Nwokocha won as the 4x100m Women’s relay race.

They women set a new African Record of 42.10s to beat their counterpart to emerge the winner.

Tobi Amusan after winning the 100m hurdles gold started the race and gave her baton to Favour Ofili who also won the silver medal in the women 200m event a day before. Ofili pushed through and handed over her baton to Rose Chukwuma who finally gave it to Grace Nwokocha who made the last dash to win the gold medal.

Watch video here
https://mnews.com.ng/2022/08/07/nigeria-women-wins-commonwealth-games-relay-race/

Tobi Amusan of Nigeria on Sunday won the Birmingham 2022 Commonwealth Game 100m women Hurdles to become the first Nigerian athlete to be crowned African Champion, World Champion and Commonwealth Champion in a year.

Tobi on Sunday won the commonwealth gold to defended her title at the world level by winning the women’s 100 meters hurdles final with a time of 12.30 seconds.

In the race, Bahamas Charlton Devynne came second with the silver medal while England’s, Cindy Sember came third with a bronze medal finishing with 12.58 and 12.59 seconds respectively.

Watch video here https://mnews.com.ng/2022/08/07/tobi-amusan-wins-commonwealth-games-2022-gold/

NCDC has to take urgent action to prevent the spread of this new variant coming from South Africa

Today, Nigeria recorded the first cases of the Omicron variant also known as B.1.1.529 lineage.

On Wednesday the Nigeria Centre for Disease Control (NCDC) made this known in a statement signed by the Director-General, Ifedayo Adetifa.

According to NCDC, genomic sequencing was used to discover the two cases of the Omicron variant.

NCDC stated that “In line with the routine travel tests required of all international travellers and genomic sequencing at the Nigeria Centre for Disease Control through its National Reference Laboratory, Abuja, it confirms Nigeria’s first case of the Omicron variant.”

Continue reading at https://newswire.com.ng/2021/12/01/new-covid-19-variant-omicron-discovered-in-nigeria/

As Nigeria government tries to remove fuel subsidy by February 2022, there is fear of rise in the cost of transportation. As a result of this the Nigerian National Petroleum Company has started working out ways to tackle the problem if it arises by contracting Innoson Vehicle Motors (IVM) to produce Condensed Natural Gas buses to help reduce the effect if the fuel subsidy is removed next year.

Innoson Vehicle Motors has been into production of vehicles locally in Nigeria. The company is a Nigerian automobile manufacturing company based in Nnwewi, Anambra State.

Chief Innocent Chukwuma, the chairman of Innoson told journalists in Nnewi that "I am doing city buses for NNPC. The one that will use gas. 100 units. I am producing it from start to finish. It will be purely gas. But I made it in such a way that in case there is scarcity of gas, it will use diesel. So, it can change as an alternative."

Chief Innocent Chukwuma also revealed that Innoson can produce electric cars also with gas as alternative fuel. He said he is ready to begin manufacturing electric cars but the country is not ready. According to him, studies have been made and he has trained people who will produce electric vehicles once Nigeria is ready.

Meanwhile, the government has made its transition plan to gas known. This will initially see the conversion a million vehicles running on petrol converted to run on gas.

Compressed Natural Gas (CNG) can be used in vehicles. It's a natural gas under pressure that remains clear, odourless and noncorrosive. This can be used as an alternative fuel to petrol and diesel.


Read more at
https://mnews.com.ng/2021/11/27/government-contracts-innoson-vehicle-to-manufacture-gas-powered-city-transit-buses/

Mrs Folasade Yemi-Esan, the Head of Service of the Federation has instructed all civil servants from Grade 12 and below to resume work on December 1st and that they must show poof that the have taken COVID-19 vacinnation upon resumption. The circular was released on Friday.

You can remember that the work from home directive was given since February that junior civil servant from Grade 12 downward should work from home amid the Covid 19 scare.

The new circular released on Friday reads thus "all civil servants are requested to show proof of COVID-19 vaccination or present a negative COVID-19 PCR test result done within 72 hours”.


The head of civil service advised the stated civil servant to go back to their duties on Wednesday, 1st December 2021 after over nine months at home.

Interview with officers that fall within this category reveal that many of the civil servants have not taken the covid 19 vaccination. However, it's not known if those that have not taken the vaccination or have no proof of negative result for covid 19 PCR test will be allowed to resume.

Read more at https://mnews.com.ng/2021/11/27/government-instructs-civil-servants-to-get-vaccinated-and-resume-work-on-december-1st/

The “Nigeria Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) – Market Size and Forecast (2016-2025)” report has been released.

According to the Q2 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 17.0% on annual basis to reach US$ 1423.9 million in 2021. Historically, the gift card market in Nigeria has recorded a steady growth with a CAGR of 14.3% during 2016-2020.

Gift card market in 2020 was driven a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital gifting, and initiatives undertaken by government, hospitality, and travel industries to revive growth. Though the gift card market was impacted due to COVID-19, the market is expected to bounce back in the coming quarters, especially in H1 2021.

Gift card industry in Nigeria has done well to withstand the impact of economic slowdown along with negative business and consumer sentiment due to disruption caused by Covid-19 outbreak.

Despite near-term challenges in 2021, medium to long term growth story of gift cards in Nigeria remains strong. The gift card industry in Nigeria is expected to grow steadily in H1 2021 and record a strong growth in H2 2021.

The growth momentum is expected to continue to grow over the forecast period, recording a CAGR of 13.3% during 2021-2025. The gift card market in the country will increase from US$ 1216.7 million in 2020 to reach US$ 2343.0 million by 2025.

This report provides a detailed data centric analysis of gift cards and corporate incentive cards market along with consumer behaviour and retail spend dynamics in Nigeria. With over 200 KPIs at country level, this report provides comprehensive understanding of gift and incentive card market dynamics.

Scope

Total Spend on Gifts in Nigeria

- By Consumer Segment (Retail and Corporate)
- By Product Categories (13 Segments)
- By Retail Sectors (7 Segments)
- Gift Card Market Size by KPIs across Consumer Segments in Nigeria

Gross Load Value
- Transaction Value
- Unused Value
- Average Value Per Transaction
- Transaction Volume
- Average Value of Card Purchased
- Number of Cards
- Gift Card Market Size by Consumer Segment in Nigeria

Retail Consumer
- Corporate Consumer (Small Scale, Mid-Tier, Large Enterprise)
- Digital Gift Card Market Size in Nigeria

By Retail Consumer
- By Retail Purchase Occasion
- By Corporate Consumer
- By Corporate Purchase Occasion
- By Company Size
- Gift Card Market Size by Retail Consumer in Nigeria

By Functional Attribute
- By Occasion
- Festivals & Special Celebration Days
- Milestone Celebration
- Self-Use
- Other
- Value by Purchase Channel
- Gift Card Spend by Consumer Behavior and Demographics in Nigeria

Consumer Purchase Behaviour
- Gift Card Buyer by Age Group
- Gift Card Buyer by Income Level
- Gift Card Buyer by Gender

Continue reading at https://mnews.com.ng/2021/11/26/nigeria-gift-card-and-incentive-card-market-report-2021-q2-2021-update/

In the march between Leicester and Legia Warsaw, Wilfred Ndidi makes a point in the game by banging his first goal of this season for Leicester City in their 3-1 win over Legia Warsaw in the Europa League. The Nigerian midfielder headed home the Foxes’ second goal of the game from a corner kick to re-affirm the home side’s advantage.

The Foxes are now sitting at the top of the table after recording the convincing win over their opponent win in their Europa League campaign last night. The game ended 3-1 with a goalless second half. It was a good day at home for the Foxes and Wilfred Ndidi who opened his first goal of the season during the march at the King Power stadium. Leicester started the game at the bottom of Group C, but the three goals they recorded moved them to the top of their group.

Read more at https://mnews.com.ng/2021/11/26/wilfred-ndidi-scores-first-goal-of-the-season-in-europa-league-win/

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