The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,152.756 billion February 2024 Federation Account Revenue to the Federal Government, States and Local Government Councils. The revenue was shared at the March 2024 meeting of the Federation Accounts Allocation Committee (FAAC) chaired by the Minister of Finance and Coordinating Minister for the […]
Read MoreVertiv, a global critical infrastructure company and continuity solutions provider, is now a Solution Advisor: Consultant partner in the NVIDIA Partner Network (NPN), providing wider access to Vertiv’s experience and full portfolio of power and cooling solutions. NPN is a global program for technology partners who offer solutions built on or powered by NVIDIA technologies. Among […]
Read MoreThere’s a roadmap to a future where technology serves humanity in all its diversity, fostering financial, social and creative inclusivity, and it’s all in Once Upon Tomorrow: Harnessing the New Opportunities the Metaverse Creates (Forefront Books; March 5, 2024) by Xsolla founder Shurick Agapitov. Agapitov envisions a future where every consumer-facing industry, from fashion to healthcare to entertainment, […]
Read MoreASSA ABLOY Global Solutions is announcing that their critical infrastructure offering will adapt ALCEA as its main brand. French-based ALCEA SAS has roots in the security solutions industry dating back to 1995 and was acquired by ASSA ABLOY Global Solutions in 2022. The introduction of the renewed brand marks the beginning of a journey to position […]
Read MoreThe world’s generation of electronic waste is rising five times faster than documented e-waste recycling, the UN’s fourth Global E-waste Monitor (GEM) reveals today. The 62 million tonnes of e-waste generated in 2022 would fill 1.55 million 40-tonne trucks, roughly enough trucks to form a bumper-to-bumper line encircling the equator, according to the report from […]
Read MoreThe federal government on Wednesday, pledged to close Nigeria’s power sector metering gap as well as address the financial liquidity challenges besetting it. The Special Adviser on Energy to President Bola Tinubu, Olu Verheijen, gave the assurance during a session at the 2024 edition of CERAWeek by S&P Global holding in Houston, the United States. […]
Read MoreThe Central Bank of Nigeria (CBN) said all valid foreign exchange backlogs of $7 billion have now been settled, fulfilling a key pledge of its Governor, Mr. Olayemi Cardosoo. This was disclosed by the bank’s Acting Director, Corporate Communications, Mrs. Hakama Sidi Ali, in Abuja on Wednesday, March 20, 2024, In a statement on Wednesday, […]
Read MoreThe National Commissioner, Nigeria Data Protection Commission (NDPC), Dr Vincent Olatunji, has ordered a full-scale investigation in respect of allegations of unauthorized access to the personal data of enrollees in the database of National Identity Management Commission (NIMC). This investigation is a further regulatory measure to be taken by NDPC in the wake of public […]
Read MoreIn a groundbreaking move within the African banking landscape, Access Bank Plc and KCB Group Plc inked a binding agreement on Wednesday to acquire the full shareholding of National Bank of Kenya Limited (NBK) from KCB. This was revealed in a joint statement between the two firms that was released on Wednesday. The successful conclusion […]
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If you are wondering how to get scarce foreign currency to start up a business that requires imported inputs, there is an idea on that popping up from the Chief Executive Officer of Information Connectivity Solutions Limited (ICSL), Mr Yemi Oshodi who spend 25 years of his business life on the Wall Street before returning […]
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