The cloud business in Nigeria belongs to the federal government jurisdiction since it is operating on the web! So, all taxes on cloud companies and broad ecommerce companies, and digital companies, belong to the federal government. With that, physical address…

Great decision from the AbokiFX team and it is a very smart one because FX manipulation is a global crime. But as I have noted, you cannot believe anyone including the Central Bank of Nigeria (CBN) on this one since…

I have called AbokiFX the most powerful economic website in Nigeria, due to its ability  to influence Nigeria’s trade through the asymmetric impact it has on Naira exchange rate. Honestly, I am not a fan. They have made things really…

Our 2021 Q3 numbers are out and 2021 is looking SUPER-GREAT. Our leverages are compounding very well.  We continue to be laser-focused on pricing because “the most significant opportunity for African B2C startups lies with consumers who earn between $4…

Politics in Nigeria – only fools and simpletons risk their lives to defend the words and ambitions of politicians. Today, former Aviation Minister, Femi Fani-Kayode, has officially dumped the Peoples Democratic Party (PDP) for the ruling All Progressives Congress (APC),…