Category: Information & Technology

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 all through stronger collaboration across sectors. Speaking at the...
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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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MTN Empowers 2,000 Retailers With Special Kiosks
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...
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Jumia Suspends E-Commerce Business
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 ...
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Smartflow Technologies Marks 10th Anniversary, To Sustain Quality, Accurate Solutions
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...
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New Report Puts Global Internet Users At 4.1 Billion
November 5, 2019 No Responses

New Report Puts Global Internet Users At 4.1 Billion

New International Telecommunication Union (ITU) data has revealed that Internet use continues to grow globally, with 4.1 billion people now using the Internet, or 53.6% of the global population.However, an estimated 3.6 billion people remain offline, with the ...
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UBA Unveils Self-Printing Debit Card Machine At Lagos Trade Fair
November 5, 2019 No Responses

UBA Unveils Self-Printing Debit Card Machine At Lagos Trade Fair

As part of activities lined up for the ongoing Lagos International Trade Fair, United Bank for Africa (UBA) has unveiled self-printing debit machine.   Speaking at the event, the Chief Executive Officer, UBA Africa, Victor Osadolor explained that technolo...
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