January 12, 2017/AfDB The Board of Directors of the African Development Bank Group (AfDB) approved on Friday, December 16, 2016 a US $40.8-million loan to the Republics of Benin and Togo to finance the upgrading into a four-lane 30-kilometre road section linking the capitals of both countries, as well as […]
Updates
Marginal Drop in Internet Subscriptions; Contracts by 5.5% in November 2016
Culled—Proshare January 12, 2017/FBNQuest Research The latest data released by the NCC, the industry regulator, show that internet subscriptions stood at 92.4 million in November, representing a y/y contraction of -5.5%. The figure implies density of 50% in a population estimated at 185 million, placing Nigeria well above the African […]
SEC Cautions Against Investments in Cryptocurrencies, other Virtual, Digital Currencies
January 12, 2017/SEC The attention of the Securities and Exchange Commission, (the Commission) has been drawn to radio advertisements and other modes of solicitations of the public to invest in cryptocurrencies such as Swisscoin, OneCoin, Bitcoin and such other virtual or digital currencies. The public is hereby advised to exercise […]
