China is still hurting from the trade war and the pressure is mounting

Hong Kong(CNN Business)The trade war might be headed for a slight reprieve, but China is still getting battered by a slowing economy and its standoff with the United States. Industrial production in China — an important indicator for the country’s economy — grew just 4.8% in July compared to a year earlier, according to China’s National Bureau of Statistics. That’s the worst […]

Read More China is still hurting from the trade war and the pressure is mounting

From ‘Android Andy’ to alleged ‘sex ring’ leader — the rise and fall of Google exec Andy Rubin (GOOGL)

Andy Rubin is the creator of Android and a former Google executive. Brian Ach/Getty ImagesAndy Rubin at wired business conference Rubin’s career seemed to be on track software engineering in Silicon Valley in the 1990s, founding Android, being a top dog at Google for a decade until he was let go from Google after a sexual misconduct investigation, […]

Read More From ‘Android Andy’ to alleged ‘sex ring’ leader — the rise and fall of Google exec Andy Rubin (GOOGL)

Nigeria to charge 5% on every online purchase you make with your bank cards from next year

Babatunde Fowler, the FIRS boss says Nigerian banks will be used as an agent in achieving the 5% value-added tax. Analyst says the digital economy may impact tax revenue in 2019 Nigeria’s multi-billion dollar burgeoning digital economy is still out of tax net FIRS Chairman, Babatunde Fowler Nigeria is planning to deduct 5% VAT for […]

Read More Nigeria to charge 5% on every online purchase you make with your bank cards from next year

GSMA: Sub-Saharan Africa remains the world’s fastest-growing mobile region as subscribers hit 456 million in 2018

Sub-Saharan Africa will remain the world’s fastest-growing mobile region, according to a new study GSMA The report reveals that more than 160 million new unique mobile subscribers will be added across the region by 2025, bringing the total to 623 million. The mobile economy is also expected to generate almost $185 billion (9.1% of GDP) […]

Read More GSMA: Sub-Saharan Africa remains the world’s fastest-growing mobile region as subscribers hit 456 million in 2018

Access Bank Breaks Down Barriers to African Money Transfers

Fresh off the news cycle that saw Nigeria sign the Africa Continental Free Trade Agreement (AfCfta), Africa’s largest Bank, Access Bank Plc, has announced the launch of a payments platform called AccessAfrica. AccessAfricais aimed at simplifying payments in Africa. It is a money transfer product which allow Access Bankcustomers and non customers engage in cross border transfers. AccessAfrica is available in […]

Read More Access Bank Breaks Down Barriers to African Money Transfers