Information & Technology Archives — Page 10 of 13

May 12, 2020 No Responses

COSCO, Firm Complete Trial Of 5G Smart Seaports

An automated driverless truck for containers on Monday delivered containers to load a containership and collected unloaded containers from the vessel at the Port of Xiamen, passing a trial run as part of a project aimed at developing 5G smart...

May 1, 2020 No Responses

Global e-Commerce Hits $25.6trillion

E-commerce sales hit $25.6 trillion globally in 2018, up 8% from 2017, according to the latest available estimates released on Friday by the UN’s trade and development body, UNCTAD, at the start of its UNCTAD eWeek event. The online event will...

April 16, 2020 No Responses

ITU Unveils ‘G5 Benchmark’

The International Telecommunication Union (ITU) has launched the 2020 Global ICT Regulatory Outlook which includes the Benchmark of Fifth Generation Collaborative Regulation, a new tool for policy-makers and regulators to leverage digital transformation for...

April 14, 2020 No Responses

Report: Worldwide 5G Connections To Hit 2.7b By 2025

Data compiled by Finbold.com has revealed that in the next five years global 5G connections will be 2.7 billion.According to the data, this will be a growth of at least 20 times from this year’s 120 million connections.The report projected...

March 18, 2020 No Responses

COVID-19 Threatens 25m Jobs Worldwide

The economic and labour crisis created by the COVID-19 pandemic could increase global unemployment by almost 25 million, according to a new assessment by the International Labour Organization (ILO). However,ILO advocates an internationally coordinated pol...

March 5, 2020 No Responses

Nigeria Constitutes Task Team To Overhaul Media Advertising

The Nigerian Government on Thursday constituted a seven-member task team to overhaul the nation’s media advertising industry to attain sustainable advertisement ecosystem.The Minister of Information and Culture, Alhaji Lai Mohammed announced this...

March 3, 2020 No Responses

FirstBank Boss At FinTech Summit In Bulgaria, Explains Fresh Innovations, Empowerment

By Moses Ebosele, ebosele@hotmail.com The Chief Executive Officer, First Bank of Nigeria Limited, Dr. Adesola Adeduntan participated as a keynote speaker at the just concluded Annual FinTech & InsureTech Summit held In Bulgaria.A statement issue...

February 26, 2020 No Responses

FG Approves $20 Million Tech Fund For Young Innovators

In furtherance of the Buhari administration’s drive to support Micro, Small and Medium Enterprises (MSMEs), the Bank of Industry has approved a $20M technology fund for young innovators, while the Central Bank of Nigeria (CBN) is offering a N90 Billion...

January 31, 2020 No Responses

Interswitch Lists ₦23b Bond On NSE

The Nigerian Stock Exchange (NSE) on Friday admitted Interswitch Limited’s N23billion Bond.The Callable Senior Unsecured Bond, with a tenor of seven years, at a fixed rate of 15 percent, is part of a N30 billion Debt Issuance Programme issued through.....

January 31, 2020 No Responses

DPR Automates Downstream Operations

The Department of Petroleum Resources (DPR) has launched its digitization initiative for Downstream operations under the ‘AUTOMATED DOWNSTREAM SYSTEM’ (ADS) program.The digitization initiative is designed to improve overall efficiency and accelerat...

January 27, 2020 No Responses

Zenith Bank Empowers SMEs, Partners Facebook On Digital Workshop

Nigeria’s leading financial institution, Zenith Bank Plc, has reaffirmed its commitment to support local Small and Medium Scale Enterprises (SMEs) with the introduction of the ‘Zenith Bank SME Digital Workshop’ to provide free digital training for busine...

January 25, 2020 No Responses

MTN Empowers 2,000 Retailers With Special Kiosks

MTN Nigeria is to empower over 2,000 retailers across the country with its “Kiosk as a Service” scheme.The “Kiosk as a Service” is a scheme that empowers retailers with an omnibus stall that enables each retailer to provide MTN’s bouquet...

November 18, 2019 No Responses

Jumia Suspends E-Commerce Business

Online retailer Jumia Technologies, often called “the Amazon of Africa”, said it had suspended its e-commerce platform activities in Cameroon on Monday because it was not suitable for the country.Its shares have tumbled from its Wall Street initial public ...

November 8, 2019 No Responses

Smartflow Technologies Marks 10th Anniversary, To Sustain Quality, Accurate Solutions

Smartflow Technologies, the foremost provider of automation services to Nigeria’s downstream oil and gas sector, has marked its tenth year anniversary. At the annual Oil Trading and Logistics (OTL) Africa Downstream Week, the continent’s leading oil and ga...