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Business

Nigeria’s Fintech PalmPay Launches Two New Products, Set to Revive Savings Culture

Africa-focused fintech platform PalmPay has unveiled two new products in Nigeria, Unlimited Free Transfer and Target Savings, removing transfer fees to all banks and fintech platforms on its app. PalmPay announced the news today, saying with the Unlimited Free Transfer product, users of its app now have access to unlimited fund transfers to family and […]

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Business

Bitcoin Hits Fresh Record Above $71,000

Bitcoin hit a fresh record above $71,000 on Monday as demand for the cryptocurrency picked up amid optimism that the Federal Reserve will cut interest rates this year. Almost a week ago, Bitcoin hit a record high above $69,000 and was buoyed by the world’s biggest cryptocurrency becoming more accessible for trading amid tightening supplies. […]

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Economy

NDPC Tightens Regulatory Policy, Signs MoU with NLRC and SMEDAN

The Nigeria Data Protection Commission (NDPC) signed two significant Memoranda of Understanding with the National Lottery Regulatory Commission (NLRC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), aimed at bolstering data protection initiatives across various sectors. The National Commissioner/CEO of NDPC, Dr Vincent Olatunji, represented NDPC, Director General, NLRC, Mr Lanre Gbajabiamila, […]

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Business

IWD: Nigeria to Get National Digital Gender Inclusion Strategy Plan Soon

A National Digital Gender Inclusion Strategy Plan aimed at addressing the digital gap in previously launched initiatives in Nigeria is to be ready soon. Director General of the Agency (NITDA), Kashifu Inuwa, who made this known when a delegation from TECHWOMEN, led by Ms. Binta Mustapha visited, noted the role of NITDA in promoting digital […]

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Technology

Nigeria Needs Strong Policy Implementing Institutions to Enjoy Technology Impact, Says Inuwa

“We need to have strong institutions to implement these policies and strategies for the realisation of our goals and objectives”, said the Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa. Inuwa who spoke at at a workshop themed “Intel AI programme for Africa Deep-Tech startups, Ecosystem stakeholders” which was organised by […]

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Business

Africa Fintech Summit 2024 to Hold on Sideline of World Bank/IMF Spring Meetings

Africa’s financial technology leaders are gathering in Washington DC, US, on the sidelines of the IMF/World Bank Spring Meetings on April 17, 2024. The Africa Fintech Summit, Africa’s most influential bi-annual confluence of regulators, policymakers, founders, investors, and entrepreneurs from across the globe, is excited to be back in the US Capital, hosting 2024’s first […]

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Business

Seplat Energy Emerges Leadership Newspaper Oil & Gas Company of 2024

Seplat Energy Plc, a Nigerian independent energy company listed on both the Nigerian Exchange Limited (NGX) and the London Stock Exchange (LSE), has emerged as the Leadership Newspaper Oil & Gas Company of the Year. The Company was honoured at the recently concluded Leadership Annual Conference and Awards held in Abuja. According to the Leadership […]

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Telecoms

Airtel Africa Set for Ground-Breaking Kick-off of First NXtra Data Centre at Eko Atlantic City

Airtel Africa is set to host a ground-breaking ceremony to kick off the construction of its first NXtra Data Center. The event, scheduled to hold  at Eko Atlantic, Victoria Island, Lagos is expected to have in attendance distinguished guests, including the Governor of Lagos State, Babajide Sanwo-Olu; his Ogun State counterpart, Prince Dapo Abiodun; and […]

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Business

Vertiv Launches Free Online Tool to Streamline Data Centre Planning, Design

Vertiv, a global provider of critical digital infrastructure and continuity solutions, today unveiled a new tool designed to transform and simplify the configuration of prefabricated modular (PFM) data centres. Available now in Europe, Middle East and Africa (EMEA), the Vertiv™ Modular Designer Lite is a user-friendly, web-based application aimed at streamlining the process of designing Vertiv™ SmartMod™ […]

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Business

Saudi Arabia Emerges World’s Most AI-Ready Government with 100 % Score 

Saudi Arabia (KSA) is leading in Artificial Intelligence (AI) readiness. According to Stocklytics.com, the country ranked first globally in the Government Strategy Index for Artificial Intelligence, boosting a score of 100. This significant achievement places Saudi Arabia at the forefront of global AI leadership, surpassing 60 other evaluated nations. Stocklytics Financial analyst Edith Reads shared her […]

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