Nigeria at 59, VA Speak, and Weekly Economic Index.

Nigeria at 59, VA Speak, and Weekly Economic Index. VA: MID-WEEK UPDATE [Facebook]( [Twitter]( [LinkedIn]( mailto:your@email.com [Email](mailto:your@email.com) Nigeria at 59 Business Nigeria @ 59 – The people, not oil, are the nation’s greatest resource. The hope at independence has suddenly given way to despair [as the freedom ages.]( The much talked about dividends that come with the attainment of political freedom is a sad commentary and a paradox to the present reality. Nigerians are poor, collective victims of rampant corruption and insecurity. VA Speak: Internet shutdowns and the future of democracy in Africa. Over the years it has not only become a trend, but also a new form of repression used by African governments. Between 2016 and 2018 alone, [there were 46 shutdowns in Africa]( at an average of about 15 per year. This year is on track to beat that number as there have been internet shutdowns in more than 10 African countries. Weekly Economic Index: NSE unveils inaugural hackathon. This is the Ventures Africa Weekly Economic Index, for [the week ending September 27, 2019](. This economic index gives you a glimpse into recent activities in Nigeria’s economy as well as changes and prices that could affect the economy. Nigeria’s Wild Fusion gets recognised as one of the top creative and marketing agencies in the world. In its new report, Clutch highlighted the [top-performing digital agencies]( in different industries including automotive, business services, dental, e-commerce, education, financial services, financial technology, healthcare, hospitality, legal, media, nonprofit, real estate, and retail. Nigerian lawmakers move to reverse new CBN policy on cash transactions. Days after the circular was issued, the House of Representatives [directed CBN to suspend]( the newly introduced policy until the Bank had consulted relevant stakeholders in the banking sector. The motion was moved by the Chairman of the House Committee on Media and Public Affairs, Benjamin Kalu, and unanimously adopted. Afreximbank to service Eastern Africa from new Kampala branch. Across the continent, the bank has branches in Cairo, Abuja, Abidjan, and Harare. [The initial plan was]( to open an East African branch in Kenya but Nairobi’s reluctance to grant the bank diplomatic status forced the agency to move its $30 million regional headquarters to Uganda. Deadline for Kenya’s old 1,000 shilling banknotes approaches. The Governor of the Central Bank of Kenya (CBK) Patrick Njoroge, had in June [introduced new 1,000 shilling]( banknotes and gave a transitional period of four months for all citizens to exchange their notes. September 30th marked the last day for the old banknote. Thousands to lose their jobs after major betting firms quit Kenya. Over 2,500 people who depend directly on Kenya’s betting industry will be jobless in the coming days after two of the most prominent sports betting firms in the country [have announced their exit.]( The firms – SportPesa and Betin – have halted their operations in the eastern African nation after a longstanding tax dispute with the government. Opera Mini becomes the first browser to introduce offline file sharing. The popular Opera Mini browser is now the first major browser with [offline file sharing](. Hundreds of millions of Opera Mini users can now transfer images, videos and audio files between nearby devices at super-high speeds, without being limited by slow mobile networks or using their mobile data. Social Media – Instagram Video of Nigeria’s Independence Day Celebration, October 1974. - [View here]( We’d love to hear your thoughts and comments. Please drop us a note at hello@ventures-africa.com. We’re active on [Facebook]( and [Twitter]( as well throughout the day with more stories. Like us on [Facebook]( and follow us on [Twitter](. For advertising opportunities please contact: Business Unit [manager@ventures-africa.com](mailto:inyang@ventures-africa.com) Tel: +234-909-328-4213, +234-909-328-4214 [Share]( [Tweet]( [Forward]( [+1]( This email was sent to {EMAIL} [why did I get this?]( [unsubscribe from this list]( [update subscription preferences]( Ventures Africa · 1 Rima street · Maitama, Abuja 100211 · Nigeria