Nigeria moves to regulate its logistics sector, but new requirements threaten all players
avantegarde August 2, 2020 No Comments
Nigeria moves to regulate its logistics sector In June, Safeboda celebrated 100,000 rides in Ibadan. It was a reminder to mobility players in Lagos of what might have been. And now new regulations may also see small logistics companies struggle. On Saturday, July 25, hundreds of concerned Nigerians used the hashtag #SaynotoNIPOSTfees to protest new regulations imposed on logistics companies. There have been talks around the regulation of logistics companies in Lagos for months, with the Courier Regulatory Department, the regulatory part of Nigerian Postal Service (NIPOST) having shared a letter showing a new licencing regime in May. Although the regulations are from the federal government, there’s hardly any city where the effects would be felt as much as Lagos, Nigeria’s commercial capital. In Lagos, dispatch riders have been popular for years. In a congested city struggling with bad roads and traffic, moving things around is a service that is always in […]
Read MoreBeyoncé Donates $6million COVID-19 Palliative to Support At Risk Communities
avantegarde April 26, 2020 No Comments
American Popstar, Beyoncé Knowles-Carter has given out over $6 million as relief efforts to cushion the effect of coronavirus in communities.
Read More$3.4bn Emergency Fund – IMF Recommends Approval for Nigeria’s Request
avantegarde April 26, 2020 No Comments
The staff of the International Monetary Fund (IMF) set to recommend the approval of $3.4 billion in emergency funding to Nigeria when the lender’s executive board meets next week, two people with direct knowledge of the plan told Bloomberg.
Read MoreNetflix Records Almost 16m Subscribers in 3 months Due to the Corona Virus Lockdown
avantegarde April 24, 2020 No Comments
Netflix shares have soared to record highs since the coronavirus outbreak forced a global lockdown as investors piled into one of the few companies expected to benefit from the pandemic. Netflix stock has climbed more than 30 per cent.
Read MoreCall For Application: Lagos Urban Innovation Challenge for Innovators and Entrepreneur
avantegarde April 23, 2020 No Comments
The Lagos Urban Innovation Challenge is designed to support the innovators and entrepreneurs who are shaping the Lagos of tomorrow.
Read MoreIncreasing Kano Death Toll – Minister of Health, Says Investigation in Progress
avantegarde April 23, 2020 No Comments
Osagie Ehanire, minister of health, says investigation has commenced into the sudden rise in deaths in Kano state.
Read MoreNegative Oil Price and How it Affects Nigeria
avantegarde April 23, 2020 No Comments
For the first time in the history of trading US crude, West Texas Intermediate, its benchmark, is trading in negative territory. While this is not good news for oil-producing countries, here are a few questions to help you better understand the situation.
Read More7 Tips for Small Businesses to Survive Through the Covid-19 Pandemic
avantegarde April 23, 2020 No Comments
Unfortunately, the COVID-19 pandemic has already hit small businesses hard. What’s worse is that some experts are saying this is only the beginning. Whether the pandemic ends within a month or two or stretches into the long-term, small business owners need to be ready to buckle down, reassess and make changes to their business strategy in order to weather the storm of these trying times.
Read More