Again, the Youth Empowerment Fund In November, the federal government earmarked a N75 billion youth empowerment fund. The Minister of Youths and Sports Development, Sunday Dare, explained that the fund is billed to cater for youths within the age bracket of 18 and 35.  According to him, the fund “is meant to create a special […]

On the back of our journey into Nigeria’s digital economy, we’re heading straight to legalese. Today, we’re all about consumer protection. What are the rights of a Nigerian consumer and how can these be enforced? Welcome back, ladies and gentlemen! Let’s get to it!  First, who is a consumer? A Nigerian author defined a consumer […]

Our new series examines the many facets of Nigeria’s digital economy, the efforts of the Nigerian government to propel it and its relationship with governance and prosperity. Last week, we took on Nigeria’s digital infrastructure and the state of financial inclusion. Today, we’re onto digital inclusion, financial technology and technology in government.  Last week, we […]

Do you recall those pictures of Isa Pantami? That showed the Minister of Communications and Digital Economy stunning his audience with fitness exercises? The Ministry captioned them “STAYING FIT TO DELIVER EFFECTIVE SERVICE! The Honourable Minister of Communications and Digital Economy, @DrIsaPantami demonstrating to management Staff of the Ministry some exercise tips during the ongoing […]

The global insurance industry maintained steady growth in 2019 as premiums increased by 3.0% to $6.3 trillion representing 7.2% of Global GDP (Gross Domestic Product). Insurance is a big deal everywhere else. This post examines the Nigerian situation. What makes up the Nigerian insurance industry and how is it doing?  Stakeholders  According to BusinessDay, 57 […]

Nigeria’s index case of Covid-19 arrived in Italian packaging on February 28, 2020. On 24th March, Lagos State declared a lockdown after 30 cases in the city and 46 cases nationwide. A national lockdown followed on 30th March. And so the story continues… 2020 needs to calm down. The lockdown has been eased in many […]

“Our Lekki store has been vandalized and looted. But, we acknowledge that this is only a setback compared to the larger issues we are all facing as a nation, and our thoughts and prayers remain with Nigerians everywhere, and for a peaceful resolution to various issues at hand. Rebuilding a supermarket is hard. Rebuilding a […]

A year ago (October 2019), the National Information Technology Development Agency (NITDA) commenced investigation into a potential breach of privacy rights of Nigerians by Truecaller Service. You must know about this. That app that lets people know your name when they call your phone. Apparently, the privacy policy of Truecaller was divided into two sets […]

Welcome to Tax 101 class! A tax is a compulsory levy imposed upon a taxpayer by the government in order to fund various public expenditures. Now, remember the following. First, it is not a willful or voluntary donation. This is not charity LOL. Second, it is usually imposed by law. Lagos boys storming your office […]

On September 17, the federal government asked Nigerians who own bank accounts to obtain and complete self-certification forms, to be issued to them by their banks. And why? The statement read, “The forms are required by the relevant financial institutions to carry out due diligence procedures in line with Income Tax Regulations 2019”.  Expectedly, social […]