Business

More Tech Jobs to Go: Amazon 18,000 Gone, Cisco 4000 & Microsoft 10,000 Waiting

The massive job cuts announced in the tech sector in 2022 are spilling into the new year, with Amazon and Microsoft announcing staff reductions within two weeks of each other. On Wednesday, software giant Microsoft said it will lay off 10 000 employees. Meanwhile, tech multinational Amazon announced earlier this month that it is planning […]

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Business

Nigeria Seeks Germany Investors Interest in Tech Ecosystem, Harps on Startups Potentials

Nigeria has asked a group of international investors in Germany to invest in the Nigeria tech ecosystem because doing so is valued and come with many rewards. The Director General, National Information Technology Development Agency, Kashifu Inuwa, who made the request while speaking on the topic, “the Evolution of the Nigeria Tech Ecosystem” which was […]

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Business

Fraud Trends Every CFO Should Know as PwC Predicts 46% Rise in Fraud

PwC’s Global Economic Crime and Fraud Survey 2022 revealed that 46% of organisations have experienced fraud, corruption, or other economic crimes in the last 24 months. Ryan Mer, CEO of eftsure Africa, a Know Your Payee™ (KYP) platform provider, gives a rundown of what to look out for. Fraud protection is no longer optional It’s […]

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News

How Telecos Reduce Carbon Emissions from Supply Chain

The Next Generation Mobile Networks Alliance (NGMN) today published ‘Green Future Networks: Telco Supply Chain Sustainability’ addressing the key issue of how operators can work with their supply chains to reduce carbon emissions. Reducing carbon emissions from the supply chain is of critical importance to operators’ roadmaps to net zero carbon. “Cutting carbon emissions to […]

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Business

Nigeria’s Inflation Rate Drops to 21.34% in Dec 2022, First in Eleven Months

Nigeria’s inflation rate eased to 21.34% in December 2022 from 21.47% in November 2022, first drop in about 11 months. The National Bureau of Statistics (NBS) in its latest inflation report showed a decline of 0.13% between November and December. “In December 2022, the headline inflation rate eased to 21.34% compared to November 2022 headline […]

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Business

Nigeria’s Apex Bank Governor, Emiefele Still At Large, Says Lagos Lawyer

Human rights lawyer and Senior Advocate of Nigeria, Mr Femi Falana said the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele has not returned to the country following allegations of terrorism financing levelled against him by the Department of State Services (DSS). “I can say without any fear of contradiction that Mr […]

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News

How to Handle Annoying-Ads Interfering with your Browsing Activities

Targeted ads may be a convenient way for marketers to advertise to consumers in a way that speaks to their specific interests, but they can be annoying-and they are putting people’s personal data at risk. This is according to NordVPN experts, who say that web cookies, location information, and mined data collect information about users’ […]

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FinTech

‘Bulls are ready to Run’ as Bitcoin Hits $21k

The Bitcoin price rally demonstrates that cryptocurrency investors are pricing in more favourable market conditions in 2023 as inflation looks set to peak, affirms the CEO and founder of one of the world’s largest independent financial advisory, asset management and fintech organisations. Nigel Green of deVere Group, a high-profile crypto entrepreneur, is commenting after Bitcoin […]

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News

Renewables Can Provide Nearly 60 Per Cent of Nigeria’s Energy Demand by 2050

Nearly 60 per cent of Nigeria’s energy demand in 2050 can be met with renewable energy sources, saving 40 per cent in natural gas and 65 per cent in oil needs at the same time, according to a new report by the International Renewable Energy Agency (IRENA). With a growing population and a range of […]

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News

NCC’s Weekly Telecoms Television Series Returns

The Nigerian Communications Commission (NCC) is set for a return to the tube with a newly packaged 30 – Minute weekly television programme that will regularly x-ray the Nigerian telecommunications and information communications technology (ICT) industry and provide awareness for telecommunication consumers across the country and beyond. The weekly programme, aptly tagged Telecom Weekly, will […]

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