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Interest Rates Remain at 27.5%, CBN Bets on Recovering Economy
The CBN is betting on a recovering economy and new gvernement polices will act as back up to bring the high interest back to standard.
The MPR which benchmarks interest rates are prone to change and heavily relies on economic factors like inflation.
News
Africa
Nollywood Questions Professionalism in Content Creators, Sanctions
While some academies and institutions are emerging, the speaker emphasizes that more structured training is needed to ensure professionalism as the number of self-identified creatives continues to grow.
About the Netflix Adaptation of The Secret Lives of Baba Segi’s Wives
It appears that no feature film or Netflix adaptation of The Secret Lives of Baba Segi’s Wives has been released to date following the deal between EbonyLife Studios and Netflix in 2020.
Baby Mama, Elevator Baby and all Titles Exiting Netflix Naija in August
This is a broader Netflix departure announcement with a global focus, not localised Nollywood-specific removals.
World
Nigeria and Cape Verde Begin New AI Innovation Mission, The Digital Africa Corridor
Nigeria–Cabo Verde Business & Innovation Mission, a mission is planned for late 2025 in Praia, Cabo Verde, to connect Nigerian businesses with Cabo Verdean partners in various sectors. The most relevant aspect of the Nigerian-Cape Verde DAC would be its youth employment focus.
FRCN To Acquire Advanced Microsoft Tech Courses For Training
Tech giant Microsoft through its Lagos department has agreed to give the FRCN assistance through its curriculum for its AI training.
Malnutrition is More Prevalent in Nigeria Than Sugar Overconsumption
Obesity and non-communicable diseases (NCDs) have multiple causes.
Nigeria’s unique economic and health realities will play a role in the awareness and the need to generate revenue for diabetes treatment from SSBs.