Move supposed to soften effect on Russian card holders due to Visa and MasterCard withdrawal.

Increasing concerns about Russia attacking Ukraine yesterday sent oil prices to their highest level in over seven years. The price of Brent crude increased by 55 cents to $94.99 a barrel after hitting its highest level since October 2014 at $96.16. U.S. West Texas Intermediate (WTI)...

African airlines’ traffic Down by 78.3% in April –IATA The International Air Transport Association (IATA) has announced that domestic travel demand improved in April 2021 compared to the prior month, although it remained well below pre-pandemic levels, while recovery in international passenger travel continued to...

Oil Hits $71 On Rising Demand Hopes In US, China       Oil prices were higher on Wednesday as negotiations over the Joint Comprehensive Plan of Action continued to falter, and as a rebound in oil demand in China, the United States and Europe threatened to outpace...

Fertiliser Imports Rise By 84% To N117bn       Despite various measures to encourage local production, a total of about N117 billion (or $247.91 million) was expended on fertiliser importation in the past year. Fertiliser imports increased by $37.71 million in 2019 to $247.91 million last year, representing...

AI Technology and National Security Initiatives, by Inyene Ibanga     Governments around the world are developing integrated frameworks for the adoption and deployment of information and communications technology (ICT) in their national security architectures. Today, technology is playing a significant role in the operations of various security/defence...