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    The Africa Quantum Consortium has launched a continent-wide initiative named Hack the Horizon: The Pan African Quantum Challenge. This program aims to unite researchers, developers, and industry leaders from across Africa and its diaspora to collaboratively build quantum technology solutions. According to the consortium, the project is a strategic effort to assemble a sovereign quantum…

  • Bangladesh, Pakistan discuss boosting trade ties

    Pakistan’s petroleum minister met with Bangladesh trade officials on Monday to discuss expanding commercial ties between the nations. Ali Pervaiz Malik told Adviser Sk. Bashir Uddin believes that both countries have significant opportunities for increased investment and commerce. The officials agreed to strengthen the Bangladesh-Pakistan Joint Economic Commission after more than 15 years of limited…

  • PTAD clarifies new pension adjustment method

    The Pension Transitional Arrangement Directorate adjusted how it calculates retirement benefits after the 2019 minimum wage increase. Executive Secretary Tolulope Odunaiya said the agency switched from pension bands to grade levels in August 2024 after receiving guidance from the National Salaries, Incomes and Wages Commission. The directorate originally used bands in May 2021 and paid…

  • What is a Deferred Annuity?

    A deferred annuity acts like a long-term savings account with insurance protection. You put money in now and get payments later during retirement. Think of it as setting up your own personal pension. How Deferred Annuities Work Here’s the basic idea: You give money to an insurance company either all at once or through regular…

  • Scarcity

    Scarcity emerges from the inherent limitation of resources, which fall short of satisfying all human wants and needs. It compels individuals, businesses, and societies to make choices about how to allocate these limited resources effectively. The concept of scarcity recognizes that desires are boundless while resources remain finite, setting the stage for decision-making based on…

  • What is a callover price?

    A callover price is the price of something decided during a ring trading session. Ring trading is when traders meet in person to buy and sell things. They shout out prices until everyone agrees on a final price. This final price is called the callover price. The callover price becomes the official price that gets…