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Business

UPDATED: FG Suspends Cybersecurity Levy

The Federal Government has suspended the controversial cybersecurity levy on electronic banking transactions. Nigeria’s Minister of Information and National Orientation Mohammed Idris disclosed this while briefing State House Correspondents after the Federal Executive Council (FEC) meeting at the State House in Abuja on Tuesday. He said the policy is undergoing a review. “The position of […]

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Business

NDPC PORTAL: Shut Down Since 2023, NDPC Reopens Registration Portal for Intending DPCOs 

The Nigeria Data Protection Commission (NDPC) has reopened registration for Organisations interested in becoming Data Protection Compliance Organizations (DPCOs). This decision comes as part of NDPC’s commitment to fostering a culture of accountability and transparency in data processing practices across Nigeria. The registration portal, which was previously closed in 2023, has been revamped to accommodate […]

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Business

Nigerian Government Bans Use of Petrol Vehicles for MDAs, Orders Procurement of CNG Vehicles

The Nigerian Government has banned the use of petrol vehicle and ordered that memo for the use of such must not be approved thereby giving way for the purchase of compressed-natural-gas-powered vehicles. Presidential spokesperson, Ajuri Ngelale, in a statement after the Fifth Federal Executive Council (FEC) meeting for year 2024, with President Bola Tinubu presiding, […]

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Business

No More Free Airport Access for Tinubu, Shettima  as FG Makes Payment of E-Tags Compulsory

The Federal Government says payment for access into airports across the country is now compulsory for all. The Minister of Aviation and Aerospace, Festus Keyamo, stated while briefing State House Correspondents shortly after the Federal Executive Council (FEC) meeting on Tuesday. The FEC meeting was adjourned on Monday May 13, 2024 to Tuesday. According to […]

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Business

Artificial Intelligence key to Business Development, Says AI Expert

Small and Medium Enterprises (SMEs) in the country have been advised to embrace Artificial Intelligence (AI) technology to grow their businesses. Founder AI Nigeria, Ehia Erhabor, made this submission in his presentation titled “ Using AI for business innovation” delivered at the Ecobank MySME Growth Series webinar. He emphasied that AI is a gamechanger particularly […]

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Business

NITDA Signs MoU with American Tech Company, CISCO to Accelerate National Digitisation

The National Information Technology Development Agency (NITDA) has signed a Memorandum of Understanding (MOU) with Cisco to advance Nigeria’s digital transformation. Cisco’s Country Digital Acceleration (CDA) Programme is a global initiative that partners with government and private sector leaders to develop sustainable, secure, and inclusive communities powered by ethical and innovative technology solutions. The partnership […]

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Business

Nigeria’s  Mobile Communication Sector Expected to Increase GDP to N67trl by 2028

The contribution of the mobile communications sector of the Nigerian economy has the capability to increase the country’s Gross Domestic Product by about N67 trillion by 2028. To achieve that there had to be intentional policy interventions and consistent implementation, according to the Global System for Mobile Communications (GSMA). Senior Director of Public Policy and […]

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Business

Dangote Cement Assures of Commitment to Community Engagement, Sustainability in Host communities

Dangote Cement Plc, is prioritizing  community engagement, empowerment, and environmental stewardship to sustain its upward trajectory, The cement manufacturing firm said it believed that true progress is measured not only by economic prosperity but also by the holistic development of all stakeholders. The Plant Director of Dangote Cement Plc Obajana, Mr. Azad Nawabuddin, who disclosed this during a media chat in Obajana, said that […]

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E-Commerce

eTranzact Secures License to Operate in Uganda

Nigerian-based payment technology solutions provider eTranzact has officially expanded into Uganda. The company’s expansion comes after receiving operational licenses from the Central Bank of Uganda in April 2024.  eTranzact Uganda’s license The licenses, granted under the National Payment Systems Operator Act, allow the company to operate as eTranzact Platform Limited, Uganda. They permit eTranzact to offer various payment solutions and services, […]

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Technology

Africa Tech Summit to Showcase Six Nigerian Tech Ventures at London Stock Exchange to Mark 8th Anniversary

AMA Press Release The Africa Tech Summit (ATS) London will showcasing six Nigeria startups at the London Stock Exchange when it celebrates its eighth edition, together with other tech ventures in its ATS Investment Showcase 2024. The ATS London Investment Showcase provides ventures with the opportunity to present their businesses to leading African tech investors, […]

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