A recent survey has revealed that a whopping 75% of investors in Asia-Pacific and Latin American emerging markets are looking to increase their exposure to cryptocurrency investments. Researchers from consumer sentiments firm Toluna surveyed 9,000 people from 17 countries to complete the report released in February which found that more investors in APAC and LATAM emerging markets believe cryptocurrency investments are on a long-term upward trend. This is contrasted with developed markets that tend to believe crypto is in the midst of another hype cycle. Emerging markets appear to be the most lucrative markets for growth in the cryptocurrency industry as 32% of consumers surveyed have trust in cryptocurrency compared to just 14% in developed markets such as the U.S. and E.U. The data sugge...
For the first time, a majority of Brazilians support impeaching President Jair Bolsonaro, according to a poll released on Saturday, as serious graft allegations related to vaccine procurement hit the right-wing leader’s already battered image. According to the survey by Datafolha, 54% of Brazilians support a proposed move by the country’s lower house to open impeachment proceedings against Bolsonaro, while 42% oppose it. In the last Datafolha survey on the issue, released in May, supporters and opponents of impeachment were essentially tied. In a separate Datafolha poll, released on Thursday, 51% of Brazilians said they disapproved of Bolsonaro, the highest figure since he took office in January 2019. In recent weeks, Brasilia has been rocked by allegations that federal officials solicited...
In a survey of nearly 9,000 respondents conducted by EDM.com, dance music fans appear to be divided on their future concert plans for the rest of 2021. Despite lingering hardships related to the pandemic it seems hard to believe that 2021 is nearly halfway over. Amid a successful vaccination campaign, large-scale events are starting to return. For dance music specifically, festivals such as Sunset Music Festival and Forbidden Kingdom have led the charge welcoming back festival-goers by the thousands. While the aftermath of those festivals paints a rosy picture of unshakably high demand for concerts and festivals, there seems to be a substantive part of the population that is a bit hesitant, or in the very least, plans to be more selective about what they will attend in the near term....
The National Agency for Food and Drug Administration and Control (NAFDAC) has stressed the need for all stakeholders to work together towards eradicating the menace of drug abuse in the country. Prof. Moji Adeyeye, NAFDAC Director General, made the call on Tuesday in Abuja, at the 3rd National Youth conference on drug abuse, organised by Centre for Ethical Rebirth among Nigerian Youth (CERANY), an . Represented by the agency’s Director, Narcotics and Controlled Substances, Mr Musa Umar, she said all hands must be on deck to find solutions to the problem of drug abuse, adding that all should be determined to eradicate the scourge. According to her, the problem of drug abuse concerns everybody, saying cooperations must be strengthened to decisively deal with the problem. “Of all the crises f...
The Nigeria Security and Civil Defence Corps (NSCDC)’s Agro Rangers’ productivity has been slowed down due to several challenges confronting the unit, notwithstanding its marked performance. To buttress the assertion of improved performance, a recent survey conducted in the Northeast showed that many farmers had returned to their farms without fears, and they had a bumper harvest in the last farming season. The Commandant-General of the NSCDC, Ahmed Abubakar Audi, disclosed this in Abuja over the weekend at the first Civil Defence Security Empowerment Workshop 2021 for personnel of the Corps in the Northeast. The Commandant-General, represented by Zachari Ibrahim Ningi, Deputy Commandant General, Administration, said the impacts of the Agro Rangers were tremendous “as a recent survey condu...
In a move that gives credence and endorsement of the commitment of the Udom Emmanuel led administration in ensuring openness, transparency and accountability in budgeting and governance, the Akwa Ibom State Government has been ranked one of the best performing states in the 2020 sub-National Budget Transparency Survey. The survey which was conducted by the Civil Resource Development and Documentation Centre (CIRDDOC) to ascertain the level of budget performance by states of the federation revealed that Akwa Ibom and four other states topped the budget performance index for the year, 2020. The Nigerian States Budget Transparency Survey Report also revealed that Akwa Ibom and some other Nigerian States have significantly improved budget transparency and participation, and has improved the ro...
The governor of Kaduna state, Nasir el-Rufai, has urged the ministry of transportation to increase the frequency of trains plying the Abuja-Kaduna rail line. The governor spoke on Thursday when Gbemisola Saraki, minister of state for transportation, and the management of the National Institute of Transport Technology (NITT) paid him a courtesy visit in Kaduna. He said the increase will help to check overcrowding as the trains are “always fully booked”. “There are areas of constraints with the COVID-19 pandemic, but I think that the way our figures are going down with the rollout of the vaccination, there are going to be far more movements within the country, and particularly on that route,” he said. “So, we would like the ministry to consider increasing the frequencies and completing the p...
Understanding the strength of small businesses
The number of small businesses keeps growing in the formal and informal sectors of the Nigerian economy, due to the role of small businesses as the live-wire of any economy and the backbone of major developed economies the world over. Though Nigeria rely majorly on oil and revenues derived from it, from context observation the economy is largely supported by small businesses covering almost all spheres of activities within the country, ranging from Nano, kiosk, and Micro businesses most importantly. A visible reference usually includes the vulcanizers, corner shop owners, single retail marketers, repairers, painters, business center operators, restaurants, market women, and men in the various open markets, among others. and the formal operations such as the law firms, accounting firms, con...