The Evening Dew

Musa discusses Nigeria’s external reserves rising to $40.2 billion in November 2024, driven by a surge in Foreign Portfolio Inflows (FPIs), while highlighting the need for more stable Foreign Direct Investments (FDIs). Jones then explores black tax, using the story of “George,” a software engineer balancing family support with financial independence, emphasizing the importance of finding a persona...

Nigeria’s VAT sharing formula is under scrutiny, and the Renewed Cardinal Restoration Group (RKRG) isn’t holding back. In this episode of The Union Jew, breaks down the group’s concerns about the 2024 tax reform bills. From regional disparities and socio-economic challenges to constitutional frameworks and proposed solutions, Source : https://proshare.co/articles/2024-nigeria-tax-reform-bills-rene...

In this episode, Moniepoint and OPay were hit with ₦1 billion in fines. OPay says, “Fake news!” We break down the CBN’s crackdown on fintech giants, licensing drama, and KYC woes. Source: TechCabal. https://techcabal.com/2024/12/10/cbn-fines-moniepoint-and-opay

In this episode, we compare Apple Intelligence and Google Gemini, exploring their performance, privacy, and integration. Plus, a breakdown of Nigeria’s Q3 2024 GDP, highlighting key sectors driving growth. Stay tuned for insights on tech and economics! Source: https://nairametrics.com/2024/12/07/32-states-in-nigeria-record-zero-foreign-investments-in-2024/ https://www.techloy.com/apple-intelligenc...

Microsoft is ahead of Apple in going passwordless with tools like Windows Hello, FIDO2 keys, and authenticator apps—making logins faster and safer. Still, there are flaws like device limits and hacking risks. Meanwhile, Nigeria’s Senate approved Tinubu’s $2.2B loan plan, led by Senator Wamakko. The funds aim to boost infrastructure and jobs, but debt concerns linger. Sources: ⁠⁠ Senate approves Ti...

The Eight Sleep Pod 4 Ultra costs $4,700 + $200/year. It cools/heats your bed, tracks health stats, and reduces snoring automatically. Expensive, but for some, it’s an investment in better sleep . Nigeria’s total debt hit $115B in Q2 2024, a 10% increase in 3 months. Domestic debt dominates, but high repayments hurt the economy, weaken the naira, and leave less money for public services. Sources:...

Nigerian startups face a tough grind, with nearly half earning under ₦10M annually and 16% stagnant for a decade, while naira depreciation and talent retention add pressure. Despite challenges, founders push for better policies, with 11% creatively self-funding in 2024 amid capital struggles. Gender gaps persist in labor: men dominate farming and wage jobs, while women lead in non-farm enterprises...

The pod kicked off with big news: MDaaS Global, the healthcare startup from 2017, just opened its first clinic in Cameroon—proving they’re leveling up in both location and tech. They then dived into how private capital is shaking things up in Africa, with Nigeria and others pulling in major cash for industries like fintech, healthcare, and agri-tech. Shoutout to the Big Five (Nigeria, South Africa...

It's been a while but the gang is backkk! Mozilla’s value is dipping. Why? What’s breaking them, and can they bounce back? Meanwhile, a TLP report says half of Nigerian startups from the last decade barely hit ₦10M revenue yearly. Only 50% even crack that. We’re breaking down the struggles, the hacks, and what’s next for these players in the tech scene. Same time, same place tomorrow—don’t miss it...

On today's episode of The Evening Dew since its Friday just a way to unwind we bring good news on the economic side as Economic stabilisation bills are in progress. This law is aimed to revitalise Nigeria's economy, reduce inflation, and ensure price stability, job creation amongst others. Furthermore, small business owners are about to start enjoying tax reliefs on their minor businesses.

In today’s episode, we discuss CityData’s expansion into the Nigerian data center market with six new edge facilities and the significant rise in petrol prices, now at 830.46 Naira per liter. Tune in for insights on how these developments impact Nigeria's future and consumer behavior! This episode is sponsored by ⁠⁠⁠⁠⁠⁠World useability day (WUD)⁠⁠⁠⁠⁠ Source - nairametrics.com techcabal.com iti...

Today, we're discussing SokoSQ and its revolutionary "smart stores" designed to sell independently and empower African business owners. We'll explore how this 2024 innovation is transforming the e-commerce landscape, backed by a thriving community of 6,000 business owners and marketers. Plus, don’t miss out on an exciting event coming up: World Disability Day on November 16th. So...

Hey everyone! In today's episode of Evening Dew , we dive into the Central Bank's latest move to raise the Monetary Policy Rate (MPR) to 27.25% ( Source , BBC ) and what it means for Nigeria’s economy. Plus, we'll also cover the big news from Telegram's CEO, Pavel Durov, and why they're now handing over user data to authorities. This episode is sponsored by ⁠⁠⁠⁠World useability...

Reviewing the first year of Dinerra under Central Bank Governor Cardoso. From the sharp depreciation of the Naira to key achievements like foreign reserves growth and inflation control, Musa breaks down the highs and lows. Sources: One year of the Naira under Cardoso

Today, we’re diving into the Startup Battlefield 200, featuring 8 amazing African startups competing for a $100,000 prize—no equity strings attached! From blockchain solutions to innovative healthcare apps, these contenders are making waves. Plus, we'll chat about the latest on Nigeria's fuel prices and the Dangote Refinery's game-changing moves. source - https://nairametrics.com/2024/09/16/dangot...

On the tech news today, Google's notebook LM releases a new feature which allows users turn their documents into Ai generated audio. On the business sector, it is good news for Nigeria as there has been an improvement in Nigeria's merchandise trade (Qt 2024), there has been more exports and less imports of good in comparison with Q2 2023. This episode is sponsored by ⁠⁠⁠⁠World useability d...

In today's episode, we dive into Mastercard’s partnership with Mercuryo to launch a new crypto debit card in Europe, allowing users to link their wallets and spend crypto directly with full control over their funds. We also discuss Nigeria’s August inflation, which dropped slightly to 32.15%, and break down the key stats from rural and urban areas, as well as the skepticism surrounding these f...

The power tussle rocking the Stakeholders in Blockchain Technology Association of Nigeria (SiBAN) . The leadership of SiBAN is locked in a heated dispute, with accusations of fraud, mismanagement, and a battle for control over the organization that’s been instrumental in shaping Nigeria’s blockchain policy. Then, we shift to the world of finance with Stears’ 5-year naira forecast , where we break...

In this episode, we're blending the worlds of tech and economics! First up, we’re diving into the latest from OpenAI with their big release, OpenAI O1. We’ll chat about what’s new, why everyone’s talking about it, and how it’s set to change the game in AI. But we’re not stopping there! We’ll also be breaking down Stears' September 2024 Macroeconomic Forecast. Links: OpenAI O1 Updates Stear...

In this episode, we discuss two major developments making headlines in Nigeria and beyond. First, we look at the rise in Nigeria’s crude oil production, which increased by 3.4% to 1.35 million barrels per day (bpd) in August 2024, according to OPEC. We’ll explore the potential impact of this boost on the Nigerian economy and global oil markets. Next, we dive into YouTube’s new AI-powered checker t...

In this episode, we explore two major financial moves in Nigeria. First, we dive into Nigeria’s groundbreaking achievement of raising over $900 million through its first domestic dollar bond. What does this mean for the country’s economy, and how will it affect both local and international investors? Next, we discuss the new N50 transaction fee being implemented by payment platforms like Moniepoin...

In this episode, we take a look into Nigeria's fiscal landscape, focusing on the N2.47 trillion collected in Q2 2024. What does this massive tax revenue mean for the country's economic outlook, and how might it impact public spending and development? Then, we shift our focus to the Nigerian Communications Commission’s (NCC) new Device Management System, designed to track and manage mobile...

In today’s episode, we dive in to look at Apple's latest updates for the iPhone 16 Pro Max, focusing on new features that are setting the smartphone world abuzz. We'll explore what these updates mean for users and the broader implications for mobile technology. Switching gears, we'll also dissect Nigeria's latest financial headlines, with a focus on the record-breaking N1.56 trilli...

With the rise of more sophisticated attacks and big financial losses in 2023, it's clear that strong security measures are more important than ever in the Web3 and cryptocurrency world. This report breaks down the financial impact of these breaches, looks at the most common attack methods, and explores practical steps to reduce risks. We’ve used data from key industry reports, like those from...

Remember Ilya From Open AI, he's company called SSI got a $1 Billion founding to build Safe Super Intelligence. and Musa gives the break down of the July survey on what house holds expectations in July. source - https://www.cbn.gov.ng/Out/2024/STD/JULY%202024%20HOUSEHOLD%20CES%20IAS%20.pdf Ilya Sutskever SSI news - https://nairametrics.com/2024/09/04/former-open-ais-chief-scientist-ilya-sutskevers...