Technology Archives — Page 5 of 6

September 1, 2020 No Responses

Zoom Records 335 Per Cent Increase In Revenue

Popular videoconferencing app Zoom has seen its revenues skyrocket as second quarter profits more than doubled due to the coronavirus crisis. Revenues leaped 355% to $663.5m (£496.3m) for the three months ending 31 July, beating analysts’ expectations of $500.5m. Profits...

August 21, 2020 No Responses

Ecobank Nigeria CEO Implores Graduands On Digital Technology, Agriculture, Others

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has reiterated the need for young Nigerian graduates to be digitally savvy, imbibe uncommon integrity, deep insights, accountability and excellence to be able to compete in the new world order. Akinwun...

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...

December 28, 2019 No Responses

Lagos Boosts Technological Innovation With N250m

The Lagos State Government on Friday presented a seed fund of N250 million to the Lagos State Science Research and Innovation Council (LASRIC) to boost technological innovation in the state. Presenting the cheque to members of the council at the...

December 11, 2019 No Responses

Recapitalisation, Technology, Take Centre Stage As Insurance Experts Brainstorm In Lagos

By Moses Ebosele, ebosele@hotmail.com Recapitalisation took the centre stage on Wednesday as Insurance experts and other stakeholders gathered in Lagos to chart the way forward. The event put together by the Nigerian Stock Exchange (NSE) was titled...

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...

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 ...

October 18, 2019 No Responses

Thirty Blind Students Benefit From SIFAX ICT Training

Thirty blind students have benefitted from a digital/ICT skill training programme sponsored by SIFAX Group. The training was done in conjunction with the Initiative for National Growth Africa, a non-governmental organization that caters for the less privileged...

October 15, 2019 No Responses

Access Bank Hits N1b Digital Daily Lending

Access Bank’s expanded Digital Lending Portfolio, which gives Nigerians quick and 24/7 access to funds for emergencies without any collateral, has hit a record N1billion daily in loan value.Executive Director, Retail Banking, Access Bank Plc, Victor Etuokwu,...

May 7, 2019 No Responses

Ntel Appoints Babatunde Omotoba As MD/CEO

NatCom Development Investment Limited, operators of Ntel 4G/VoLTE Network has appointed Babatunde Omotoba as its Managing Director/Chief Executive Officer. A statement issued on Monday by Ntel Acting General Manager, Corporate Affairs, Damian Udeh ...

December 28, 2018 No Responses

Firm Raises $10m To Advance Autonomous Ship Technology

Boston-based Sea Machines Robotics has raised USD 10 million that would enable the company to further develop autonomous solutions for the maritime industry. As informed, the investment marks one of the largest venture rounds for a marine- and maritime-focused...

September 9, 2018 No Responses

BMW Gets Voice-Activated Digital Assistant

Beginning in March 2019, select new BMWs will have a digital co-pilot onboard. The German luxury brand announced Thursday the BMW Intelligent Personal Assistant will help drivers and passengers with a host of functions in the car. The Intelligent...

August 9, 2017 No Responses

NECA unveils e-leaning scheme to boost entrepreneurship

In its continued endeavour to join hands with Government to address the time bomb of high unemployment among Nigerian youths which was recently put at 80% by the Central Bank of Nigeria (CBN), Nigeria Employers’ Consultative Association (NECA) in partnership...