Nigeria

Bayern Munich’s Alphonso Davies Reveals Pre-Game Playlist Featuring Davido’s Tracks

Bayern Munich defender Alphonso Davies has shared his top five pre-game songs, including hits from Nigerian artist Davido. Other football stars like Real Madrid’s Aurelien Tchouameni have also expressed their admiration for Davido’s music, showing the impact of music in athletes’ pre-game rituals.

Nigeria to Ban Person-to-Person Cryptocurrency Trading in Naira

Nigeria is set to ban person-to-person cryptocurrency trading in the naira to regulate the industry and protect its local currency. The SEC will introduce new regulations for crypto exchanges and digital asset custodians. This crackdown follows the recent ban on Binance Holdings Ltd. in Nigeria, with two executives arrested. Nigeria’s actions reflect a broader trend in Africa of using cryptocurrencies as a hedge against currency devaluation. The upcoming regulations aim to provide clarity and oversight in the rapidly evolving crypto sector.

Nigerian Pastor Sparks Controversy with Anti-Vaccine Conspiracy Theories

Renowned Nigerian pastor, Chris Oyakhilome, faces backlash for spreading conspiracy theories about vaccines, including the new malaria vaccine in Africa. Despite the positive impact of vaccines in fighting diseases like malaria, Pastor Chris’s anti-vaccine rhetoric raises concerns among medical experts and the World Health Organization about vaccine hesitancy in Africa.

Study Shows Investing in Tuberculosis Prevention is a Sound Economic Decision

Investing in tuberculosis screening and preventive treatment can yield significant health and economic benefits, with a potential return of up to US$ 39 for every dollar invested. The study’s findings provide a compelling investment case for scaling up TB screening and preventive treatment, aligning with the targets set at the 2023 UN High-Level Meeting on TB. The study aims to empower countries to advocate for increased resources and support the expansion of TB control and prevention efforts, serving as a blueprint for similar settings with comparable epidemiological contexts.

Nigerian fintech startup, Zone, secures $8.5 million seed funding for blockchain-powered payment infrastructure expansion

Nigerian fintech startup, Zone, secures $8.5 million seed funding to expand its blockchain-powered payment infrastructure. With backing from leading investors, including TLcom Capital and Flourish Ventures, Zone aims to revolutionize payment transactions in Africa and beyond, leveraging its position as the continent’s first regulated blockchain network for payments.

Nigeria’s Ban on Binance Naira Transactions Sparks Concerns

Nigeria’s ban on end-to-end transactions with the naira on Binance has raised concerns about economic consequences, including increased youth unemployment and exacerbation of the country’s economic challenges. The ban came after accusations of exploitation, devaluation of the naira, and money laundering. Binance has denied any wrongdoing, and the ban has prompted fears of job losses and potential impact on the economy.

Billions Pour Into Nigeria as Tinubu’s Reforms Start to Pay Off

Foreign investor demand for Nigerian assets and remittances from citizens living abroad surged as President Bola Tinubu’s reforms started to pay off. The central bank reported over $1 billion in foreign portfolio investor asset purchases in February, with total receipts for the year reaching at least $2.3 billion. The government’s measures to attract investors and support the naira have led to increased investor interest in short-term sovereign debt and a fourfold rise in overseas remittances. Governor Olayemi Cardoso stated that the measures to boost reserves and create more liquidity in the markets have begun to yield results.

Access Bank Dollar To Naira Exchange Rate Today – March 10, 2024

Curious about the current exchange rate for Access Bank dollar transactions today? Get up-to-date information on Access Bank’s dollar exchange rates and make informed decisions regarding your currency transactions. As of today, March 10, 2024, Access Bank’s dollar exchange rates may vary based on several factors such as market fluctuations and bank policies. It’s essential to check directly with Access Bank or their official platforms for the most accurate and current rates. Stay informed with Okay.ng for timely updates on currency exchange rates and financial news.

Challenges Faced by Nigeria’s Disease Control Agency

The Nigeria Centre for Disease Control and Prevention (NCDC) faces challenges in addressing epidemic-prone diseases, including inadequate funding, substandard healthcare infrastructure, and compromised security. To combat these hurdles, the NCDC advocates for increased investment in public health initiatives, strengthening partnerships, and implementing innovative disease prevention strategies. The agency is actively preparing for future outbreaks and responding swiftly to recent outbreaks of diseases such as meningitis, measles, Lassa fever, cholera, and diphtheria across different states.

Boston Declares March 2 as ‘Burna Boy Day’

Boston, Massachusetts, USA, has declared March 2 to be “Burna Boy Day” in honor of the Grammy-winning singer. The announcement was made in a letter signed by Ruthzee Louijeune, the city councilor, citing Burna Boy’s performances and advocacy works as the basis for the recognition. The document highlights Burna Boy’s efforts in challenging stereotypes about African artistry by popularizing Afrobeats worldwide through his music. Additionally, the singer was praised for opening doors for aspiring artists and sparking conversations about social justice, equity, and representation.