Category: Information & Technology

Ekiti, Oodua Infraco Seal 606km Broadband Infrastructure MoU
May 22, 2020 No Responses

Ekiti, Oodua Infraco Seal 606km Broadband Infrastructure MoU

As part of plan to develop digital economy in Ekiti State, the State Governor, Dr Kayode Fayemi has  signed a Memorandum of Understanding (MoU) with the O’odua Infraco Resources Limited to lay broadband infrastructure along 606 kilometers across the State.The development...
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NigComSat Partners Firm On Local Content Programming
May 21, 2020 No Responses

NigComSat Partners Firm On Local Content Programming

Nigerian Communication Satellite Limited (NIGCOMSAT), in collaboration with Trefoil Networks, on Wednesday launched an indigenous television network to promote local content programming. The launch was held during a news briefing in Abuja. The Managing Directo...
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UBA Upgrades Mobile App, Diaspora Banking, Others
May 18, 2020 No Responses

UBA Upgrades Mobile App, Diaspora Banking, Others

 The United Bank for Africa Plc (UBA), on Monday, upgraded its mobile banking applications with unique and exciting features that would make banking easy for Nigerians. Mr Sampson Aneke, the Group Head, Digital Banking, at an online media parley in...
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COSCO, Firm Complete Trial Of 5G Smart Seaports
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...
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Global e-Commerce Hits $25.6trillion
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...
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ITU Unveils ‘G5 Benchmark’
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...
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Report: Worldwide 5G Connections To Hit 2.7b By 2025
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...
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COVID-19 Threatens 25m Jobs Worldwide
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...
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Nigeria Constitutes Task Team To Overhaul Media Advertising
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...
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FirstBank Boss At FinTech Summit In Bulgaria, Explains Fresh Innovations, Empowerment
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...
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FG Approves $20 Million Tech Fund For Young Innovators
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...
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Interswitch Lists ₦23b Bond On NSE
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.....
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DPR Automates Downstream Operations
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...
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Zenith Bank Empowers SMEs, Partners Facebook On Digital Workshop
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...
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