₦airaland Forum

The Nigerian startup space and others on the continent attracted over $20bn in the last 15 years, according to Briter Bridges’ H1 Africa Investment Report 2023.
Briter Bridges stated that the continent’s funding in the first half of 2023 was over $2bn, which raised the total funding into the sector to over $20bn in 15 years... READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/27/nigerian-startups-others-funding-hits-20bn-report/

“Accomplish Magazine” is a contemporary, general interest online magazine with the primary aim of profiling and celebrating the achievements and lifestyle choices of outstanding leaders and influencers in business, manufacturing, agriculture, academia, administration, entertainment, and innovation in Nigeria, Africa, and indeed, globally...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/21/jim-ovia-on-the-cover-of-accomplish-magazine/

#TodayinHistory
1993 Oslo accords negotiations conclude
The Oslo Accords negotiations were concluded at the Fafo Institute in Oslo. Israel and the Palestine Liberation Organization reached an agreement. The agreements that were eventually signed in Washington D.C. established the Palestinian Authority and gave it authority over the Gaza Strip and the West Bank...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/20/important-events-from-today-in-history-20-august/

The housing allowances for the newly appointed ministers may cost the country about N343.25m yearly, according to findings from The PUNCH.
With that annual allocation, in four years, the Federal Government will spend N1.37bn on the 45 ministers-designate’s accommodation...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/20/ministers-designate-to-get-n1-37bn-for-accommodation/

The numerous advantages of using social media for business are undeniable. With just a few clicks, entrepreneurs can easily connect with thousands of potential customers in Nigeria who are willing to buy their products. It’s like having a superpower in your hands! Let’s take a quick look at some advantages that social media brings to Nigerian businesses...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/19/nigerian-businesses-use-social-media/

The Central Bank of Nigeria has announced operational mechanism for the Bureau De Change segment of the market to trade foreign currencies at similar rates obtainable on the Investor & Exporter forex window.
It gave the directive to all #BDCs and the general public in a circular number TED/FEM/PUB/FBC/001/007 dated August 17, 2023... READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/19/bdc-operators-kick-as-cbn-restricts-forex-trading/

SWeightmanagement, maintaining a healthy weight is a goal for many, and the choices we make in our diet play a crucial role in achieving it. While food selection is often highlighted, the beverages we consume also significantly impact weight management...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/19/top-8-exploring-the-spectrum-of-drinks-for-weight-management/

Oil marketers, on Monday, said the foreign exchange crisis in Nigeria and the recent implementation of a 7.5 per cent Value Added Tax on Automotive Gas Oil, popularly called diesel, had pushed up the cost of the commodity to between N900 and N950/litre in many states... READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/15/diesel-price-hits-n950-litre-manufacturers-fear-shutdowns-job-losses/

There are strong indications that pump price of petrol is expected to record another round of increases, the third within 10 weeks as oil marketers hint that the landing cost of petrol has risen month-on-month, MoM, by 37.4 per cent to N632.17 per litre in July 2023, from N460 per litre in June 2023.... READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/14/fresh-fuel-price-hike-looms-as-landing-cost-rises-by-37-4/

The average cost of bus transportation within Nigerian cities rose from N649.59 in May 2023 to N1,285.41 in June 2023 as the pump price of Premium Motor Spirit rose, according to the National Bureau of Statistics.
This means that the cost of intra-city bus #transportation rose by 98 per cent or N636 within one month...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/14/transportation-cost-increased-by-98-in-one-month-nbs/

The Institute of Chartered Secretaries and Administrators of Nigeria, #ICSAN, has advised the Federal Government, #FG, and the Central Bank of Nigeria (#CBN) to find other means of reining in inflation beyond raising the Monetary Policy Rate, #MPR.
Speaking at a media interactive session in Lagos, the President/Chairman of Council, ICSAN, Mrs. Funmi Ekundayo...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/14/inflation-what-fg-cbn-should-do-beyond-raising-rates-icsan/

The Federal Government has not issued any directive for the cancellation or re-award of the N48bn #oilpipeline surveillance contract in the Niger Delta, contrary to speculations in some quarters.
It was, however, gathered that the Nigerian National #Petroleum Company Limited was awaiting the presidential directive on the future of the contract...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/13/nnpcl-awaits-presidential-directive-on-n48bn-pipeline-contract/

Divorce is a complex and emotional process that often involves a multitude of factors. In certain regions, such as northern areas, societal norms and cultural traditions can play a significant role in influencing marital dynamics and decisions...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/12/navigating-divorce-northern-women-and-the-dilemma-of-receiving-treatment-from-male-doctors/

#Health, Nature has gifted us with a vast array of plants and herbs that possess incredible medicinal properties. Among these, the combination of ginger and cassava leaves stands out as a potent elixir for promoting health and well-being...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/12/the-health-wonders-of-boiling-ginger-with-cassava-leaves-top-5/

A Lagos-based cleric, Oluwaseye Yomi-Sholoye, has advised Nigerians to cut down their social life expenses when and where possible in response to the #economicchallenges.
Yomi-Sholoye disclosed this at a news conference held in Lagos to herald the 5th edition of the Night of Divine Experience (NODE 5.0)... READ ABOUT IT ⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/12/cut-down-social-life-expenses-cleric-tells-nigerians/

Fiverr has become one of the most popular online platforms for freelancers and service providers to offer their skills and services to a global audience. Whether you’re a graphic designer, writer, programmer, or any other professional, setting up a Fiverr account can help you showcase your talents and connect with potential clients... READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/12/fiverr-account-9-bouyant-ways-to-set-it-up/

#Creperolls, with their delicate, paper-thin texture and endless possibilities for fillings, have captured the hearts and palates of food enthusiasts around the world. While these delectable treats may seem intimidating to make at first, fear not...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/12/crepe-rolls-unveiling-the-secrets-and-art-of-crafting-the-irresistible-taste/

Nigeria’s oil production in the month of July 2023 fell by 13.6 percent to an average of 1.08 million barrels per day compared to 1.25mbpd recorded in June, latest production data from the Nigerian Upstream Petroleum Regulatory Commission, #NUPRC, has indicated... READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/11/nigerias-oil-production-declines-13-6-to-1-08mbpd/

#LindaYaccarino, the CEO of X, formally known as Twitter, has revealed why the company made the decision of changing it’s name.
She revealed that getting rid of Twitter’s branding reflects the owner, Elon Musk‘s vision for the app in an exclusive interview with CNBC on Thursday...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/11/why-twitters-name-was-changed-to-x-linda-yaccarino/

#TodayinHistory

1999 Last Total Solar Eclipse of the Millennium
The eclipse could be seen from Europe, most Asia and Africa, and parts of North America. The solar eclipse is considered one of the most watched eclipses in recorded history due to its path through densely populated world areas...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/11/important-events-from-today-in-history-11-august/

#Foreignfood, Breakfast is often referred to as the most important meal of the day, and in 2023, culinary trends are taking morning dining to new heights. From traditional favorites with a twist to innovative creations that redefine breakfast, there’s a wide range of delectable options to kickstart your day... READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/10/foreign-food-10-must-try-breakfast-meals-to-start-your-day-in-2023/

Onion water, a concoction made by soaking sliced onions in water, has gained popularity as a natural remedy with potential health benefits. Rich in essential nutrients and bioactive compounds, it is believed to offer a range of advantages, from aiding digestion to boosting immunity...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/10/onion-water-health-benefits-and-preparation-process-top-6/

Indigenous energy company, Seplat Energy Plc, grew its gas revenue by 10.21 per cent to $63.7m in the first half of 2023 compared to $57.8m recorded in the same period in 2022.
A statement released by the group on Monday stated that the appreciation in gas revenue was on the back of increased gas prices that was realised and a rise in sales volume...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/08/seplat-gas-revenue-grows-to-63-7m/

Nigeria can generate about 427,000 megawatts of #electricity from solar energy that comes from the sun, power generation companies have said. Nigeria currently generates less than 5,000MW for more than 200 million people. For instance, data obtained from the Federal Ministry of Power, on Sunday, showed that power generation on the grid as of 6am was 3,803.6MW...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/07/nigeria-can-generate-427000mw-from-solar-gencos/

The Removal of Maryam Shetty as Minister: Unraveling the Decision by Tinubu

#MaryamShetty, In a surprising move that sent shockwaves through the political landscape, former minister Maryam Shetty was removed from her position by the administration of Asiwaju Bola Ahmed Tinubu. The decision to remove a high-ranking government official like Shetty inevitably raises questions and speculation...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/06/the-removal-of-maryam-shetty-as-minister-unraveling-the-decision-by-tinubu/

#TodayinHistory

2008 Coup in Mauritania
President Sidi Ould Cheikh Abdallahi was deposed in the country’s sixth coup since 1978, and General Mohamed Ould Abdel Aziz, a career military officer, was installed in his place...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/06/important-events-from-today-in-history-06-august/

The Nigerian Safety Investigation Bureau has announced that the country’s civil aviation sector is scheduled to undergo a comprehensive safety audit by the International Civil Aviation Organisation by the end of August 2023, the PUNCH learnt.
The Director-General, NSIB, stated this at the closing ceremony of the Peer Review exercise of the Banjul Accord Group Accident Investigation Agency in Abuja on Friday... READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/06/aviation-sector-preparing-for-safety-audit-nsib/

Shareholders have demanded fair compensation for their investment, following the announced closure of operations of #Britishpharmaceuticalcompany, #GlaxoSmithKline Consumer Nigeria Plc, in the country.
The Nigerian subsidiary of GSK in a statement signed by its Company Secretary, Frederick Ichekwai, on Thursday...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/06/shareholders-demand-compensation-as-gsk-announces-wind-up/

#China, The surge of #Chineseinvestors and companies flocking to longer-dated deposits known as certificates of deposit (#CDs) in pursuit of higher returns is becoming a significant economic phenomenon with potential ramifications for the nation’s financial landscape. This trend is giving rise to concerns about a liquidity trap, as trillions of yuan are being tied up in these CDs...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/04/market-chinas-stubborn-savers-risk-precipitating-liquidity-trap/

Homemade akara, a popular Nigerian snack, is a delightful fritter made from black-eyed peas and various spices. Its crispy exterior and soft, savory interior make it a perfect accompaniment to any meal or an indulgent standalone treat. In this article, we’ll take you through the step-by-step process of making akara at home, so you can enjoy this delectable snack in the comfort of your kitchen... READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/04/homemade-akara-a-delicious-nigerian-snack-to-savor/

Nneka Onyeali-Ikpe is a Nigerian business executive and banker born on July 28, 1964. She is the first female managing director and chief executive officer of Fidelity Bank Nigeria. Nneka Onyeali-Ikpe: Early Life and Education In the eastern Nigerian state of Anambra, Nneka Onyeali-Ikpe was born in Awka. She also resided in Owerri, Imo State, where she attended the Federal Government Girls’ College while pursuing her education...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/03/meet-nneka-onyeali-ikpe-ceo-of-fidelity-bank-nigeria/

Average monthly West African #petrol imports fell by 56 per cent in the second quarter, according to data sourced from Refinitiv Eikon.
June loadings from the Amsterdam-Rotterdam-Antwerp hub to West Africa fell to 629,000 tonnes from 895,000 tonnes last year, Refinitiv data showed...READ ABOUT IT⬇️⬇️⬇️

https://entrepreneurng.com/2023/08/03/wafrica-petrol-import-dipped-30-in-q2-says-report/