The Lagos State Government through the Ministry of Physical Planning and Urban Development has signed a Memorandum of Understanding with eTransact to curb unregulated development, manage setbacks and open spaces, and improve the beautification of the state’s environment.
According to the collaborating partners, the Ministry of Physical Planning and Urban Development and eTransact will deploy an…
The Chief Executive Officer of VerifyMe, Esigie Aguele, says artificial intelligence will help accelerate Africa’s drive towards achieving open finance and bridging the continent’s $120bn lending gap.
Aguele made the projection while speaking on a TV business programme…
The Co-founder and Chief Executive Officer of Paystack, Shola Akinlade, has bought a 55 per cent stake in second-division Danish club, Aarhus Fremad.
The deal which was announced on Tuesday will see Aarhus Fremad become a sister club to Sporting Lagos FC, a Lagos-based…
Telecommunications company, MTN Nigeria, has proposed a merger of its two finance subsidiaries; Momo Payment Service Bank Limited and Yello Digital Financial Services Limited.
This was revealed in its proposed resolutions for its 2023 Annual General Meeting scheduled to hold in April.
The company said that the proposed merger would “hold the Payment Service Bank licence granted by the Central…
New Zealand will ban Chinese-owned social media app TikTok from lawmakers’ devices, officials told AFP Friday, becoming the latest Western nation to act on security fears about the platform.
TikTok will be banned on all devices with access to the parliamentary network…
Microsoft on Thursday announced a new Artificial Intelligence-powered Copilot for its Microsoft 365 apps and services. The AI-powered Copilot is designed to assist users with generating documents, emails, presentations, and much more.
Today, we are bringing the power of…
The Lagos State Police Command has arraigned a fraud syndicate comprising eight men before the Federal High Court in Lagos for allegedly hacking into the server of an electronic platform, ITEX Integrated Services Limited, and stealing N435.3m.
The defendants including Aderuku Adedayo, Adigun Benjamin, Awopetu Tosin, Ajibade Ayomide, Ojo Olwaseun, Miller Oluwafemi, Olaleye Samuel and Ajibade…
Rising inflation and a shortage of currency reduce the demand for smartphones
March 16, 2023
Rising inflation and shortage of foreign currency led to a 32.1 per cent decline in Nigeria’s smartphone market in the fourth quarter of 2022, a new market analysis by International Data Corporation has disclosed.
According to the market intelligence firm, Africa’s…
Facebook owner Meta announced a fresh wave of job cuts on Tuesday, part of what CEO Mark Zuckerberg called the company’s “year of efficiency” as the US tech sector continues to downsize.
In an email to employees, Zuckerberg said Meta would shed 10,000 jobs over the…
The 2023 presidential and National Assembly elections attracted 12.99 million cyber attacks, the Minister of Communications and Digital Economy, Isa Pantami, has disclosed.
He noted that the attacks were recorded between 24th February and 28th February, with the presidential election day (25th February) attracting 6.99 million attacks alone.
He stated this while explaining the activities of the…