Egyptian-Malian Business Forum pushes for economic partnerships with Mali during FM’s visit
Business News

Egyptian-Malian Business Forum pushes for economic partnerships with Mali during FM’s visit

Business Egyptian Foreign Minister Badr Abdelatty on Thursday opened the Egyptian-Malian Business Forum in Bamako, a move aimed at boosting economic and trade partnerships, with Abdelatty saying Cairo is keen to invest in Mali’s key sectors. The forum was attended by a high-level Malian delegation, including Foreign Minister Abdoulaye Diop and Minister of Industry and Commerce Moussa Al-Hassan Diallo, as well as a large Egyptian business delegation of 30 company heads and representatives. The Egyptian delegation included representatives from the Federation of Egyptian Industries, the Export Council for Medical Industries, the Future of Egypt for Sustainable Development Agency, the Egyptian Exporters Association, the Egyptian General Petroleum Corporation, and the Mineral Resources Authority. In his opening remarks, Abdelatty said the Egyptian-Malian Business Forum represented a “new and important station” in strengthening economic ties and opened “unprecedented horizons” for the...
Continue reading
Business News, Top Stories

Resumption of International Card Usage in Nigeria (GTB, UBA, ACCESS, and others)

After nearly three years of suspension (mid‑2022 to early 2023), major Nigerian banks—including GTBank, UBA, and Wema—have resumed international transactions on their Naira debit cards as of July 2025 (nairametrics.com). Previously halted due to forex scarcity and FX market strain, this reinstatement comes alongside improvements in foreign exchange liquidity and stabilization of clear-market rates (firstweeklymagazine.com). ? Spending Limits: What's Allowed? Most banks are granting quarterly limits of up to $1,000, broken down as follows: GTBank: $1,000 per quarter for all international transactions; ATM withdrawals abroad capped at $500 quarterly (nairametrics.com). Note: Some premium customers have reportedly received $4,000 quarterly limits—a variation likely based on profile, history, or card type (nairametrics.com). UBA: Offers $1,000 quarterly limit across its Gold, Platinum, and World Naira Cards for online, POS, and ATM use abroad (nairametrics.com). Wema Bank: Also reinstated international use with a $1,000 quarterly spend...
Continue reading
Strange but true - Blyth Community College playing fields
Educational Resources, Electronics

Is CCTV Worth It for a Small Business in Nigeria? A Cost vs. Benefit Analysis

As a small or medium-sized business owner in Nigeria, you are a master of spinning plates. You are the CEO, the head of sales, the HR manager, and often, the chief security officer. Every Naira spent is scrutinised, and every investment must deliver a clear, tangible return. In this constant balancing act, installing a Closed-Circuit Television (CCTV) system can feel like a major expense. You ask yourself the crucial question: "Is it truly worth it?" The simple answer is yes. But the insightful answer is that viewing CCTV as a mere "security expense" is a fundamental misunderstanding of its value. In 2025, a modern surveillance system is not a cost centre; it is a powerful investment vehicle that can protect your assets, reduce losses, enhance productivity, and ultimately, increase your profitability. This comprehensive guide will walk you...
Continue reading
photo of women at the meeting
Business News, Information Technology, Science & Technology

From Concept to Cash: Successful AI Applications That Made Millions

Analyse real-world case studies of AI applications that have transformed industries and generated significant profits Business Applications: From Concept to Cash - Successful AI Applications That Made Millions Introduction to AI in Business Artificial Intelligence (AI) has emerged as a transformative force across various sectors, encouraging businesses to innovate and optimize their operations. The concept of AI in business revolves around the utilization of algorithms and data-driven models to generate insights that can lead to better decision-making, efficiency, and profitability. As companies turn towards business applications integrated with AI, they increasingly find ways to leverage technology for competitive advantages. This evolution leads to market disruption, where traditional business models are challenged by innovative AI solutions, prompting firms to rethink their strategies to remain relevant and profitable in an ultra-competitive environment. Understanding AI and Market Disruption AI is considered a key...
Continue reading