Day: March 10, 2024

The SEC creates rules for providers of digital assets in order to prevent money laundering

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The SEC creates rules for providers of digital assets in order to prevent money laundering Amid the FG’s recent efforts to stop illicit cryptocurrency trading in the nation, new regulations to further regulate cryptocurrency trading have been introduced. New regulations have been released by the Securities and Exchange Commission (SEC) to oversee the licensing, registration, and background checks of virtual asset service providers (VASPs). VASPs are platforms that manage virtual asset transfers and facilitate exchanges between virtual assets (cryptocurrencies) and fiat currency, according to the Central Bank of Nigeria (CBN).…

The feature-length series “Sounds of Nollywood” is scheduled to debut in March

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The feature-length series “Sounds of Nollywood” is scheduled to debut in March The show gives viewers an exclusive look at the sound design process of some of Nollywood‘s most significant productions. The breakthrough documentary series Sounds of Nollywood, which highlights the unsung heroes of the Nigerian film industry—the sound designers and composers that bring cinematic experiences to life—is about to premiere. WeTalkSound and Inside Nollywood are excited to announce this. This series, which has a March 13 launch date, will take viewers behind the scenes of the sound design for…

Nollywood’s top 5 female directors

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Nollywood’s top 5 female directors “Acknowledge the source of credit.” These are deservingly celebrated female directors. As Women’s History Month draws to a close, it is merely fitting that we honor a few notable female directors whom we believe have not only established themselves but additionally had a substantial impact on the expansion and advancement of the Nigerian film industry. They have broken through established obstacles and made a name for themselves in a male-dominated field by showcasing extraordinary talent, vision, and creativity in their works that tell gripping and…

In 2023, more than 700 factories will cease operations – MAN

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In 2023, more than 700 factories will cease operations – MAN The Tinubu administration’s naira harmonization has put a lot of strain on Nigeria’s manufacturing sector. Manufacturers in Nigeria have expressed regret over the worsening economic situation, which has caused 767 firms to cease operations and 335 to experience financial difficulties in 2023. The stopping of commercial operations by the impacted companies comes amid growing inflation, unstable exchange rates, and other economic issues that have made investment conditions worse, according to the Manufacturers Association of Nigeria (MAN). MAN also voiced…