administrator
Business

NDPC Gives Organisations Collecting Personal Data of  Nigerians Three Months to Register or Risk Stiff Penalties

The Nigeria Data Protection Commission (NDPC) given all entities, including businesses, educational institutions, healthcare providers, and other organisations that collect personal data of individuals an ultimatum to register with the NDPC. The Commission in a post on its verified FaceBook page said that the registration is ongoing and mandatory in accordance with Section 5(d) of […]

Read More
Business

Tecno Unveils CAMON 30 Premier 5G at Mobile World Congress

TECNO made waves at the 2024 Mobile World Congress (MWC) by unveiling its groundbreaking PolarAce Imaging System, featuring the cutting-edge Sony Imaging Chip. This groundbreaking technology is set to debut in the upcoming CAMON 30 Premier 5G, promising a paradigm shift in smartphone photography and imaging capabilities. TECNO’s PolarAce Imaging System marks a bold leap […]

Read More
Business

Why Ghana Apex Bank Revoked FX License of GTB & First Bank

The Bank of Ghana has suspended the foreign exchange trading licences of two Nigerian-owned banks operating in the neighbouring West African nation-Guaranty Trust Bank and First Bank — over “fraudulent documentation” in their forex operations. In a statement, the Ghanaian regulator said the suspension will become effective from March 18, 2024, for one month. “Bank […]

Read More
Business

FINALLY: Binance Ends All Naira Services, Asks Users to Converts Assets into Crypto

Cryptocurrency exchange Binance has ended its naira services, the company said on Tuesday. It listed the timeline for the closure, asking users to take needed action. “Users are encouraged to withdraw NGN, trade their NGN assets, or convert NGN into crypto prior to the discontinuation of these NGN services,” Binance said in a statement. “From […]

Read More
Business

Africa’s Fintech Sector to be Worth $65bn by 2030, Youthful Population Tipped as Drivers

Africa’s fintech sector is expected to be worth approximately $65 billion by 2030, aligning with the United Nations (UN) projection that the continent’s population will double to 2.4 billion by 2050, with half of the population being under the age of 25. The rapid growth of the fintech sector has been driven by its youthful […]

Read More
Business

Global Startup Awards for Africa Opens Portal Entries

The Global Start-up Awards Africa (GSA Africa) 2024 is now open for entries, and urges African innovators, start-ups and ecosystem enablers dedicated to solving critical global challenges to submit their entries. Now in its 11th edition, GSA Africa is billed among the largest independent start-up ecosystem competitions on the continent. It is a vehicle for the Global […]

Read More
Business

MTN Joins Corporate Nigeria to Celebrate Herbert Wigwe

MTN Group senior executives joined other prominent Nigerian business leaders yesterday to pay respect to Herbert Wigwe, CEO of Nigeria’s biggest banking institution Access Bank, his wife Chizoba, and son Chizi. The Nigerian business community paid tribute to Wigwes at a memorial event yesterday, who died in a helicopter crash alongside five others in California, […]

Read More
Business

SAP Unveils Transformative Data Innovations Design to Support Customers in AI Era

AMA PRESS RELEASE SAP SE today announced transformative data innovations that will help customers harness the full power of their data to drive deeper insights, faster growth and more efficiency in the era of AI. New capabilities in the SAP Datasphere solution, including new generative-AI features, transform enterprise planning through simplified data landscapes and more-intuitive […]

Read More
Business

Africa Home for Virtual Influencers, Say Experts

Influencer marketing is shifting, with computer-generated personalities – virtual influencers – attracting a large following and lucrative brand deals. Amid this shift, Africa, with its young, digital population and rich cultural diversity, is poised to become a major player in this trend. Virtual influencers are computer-generated characters that resemble humans and interact with audiences on […]

Read More
Business

DISC Forum 2024 to Spotlight Data Centres, Investment & Satellite in Nigeria’s Telecoms Space

DISC Forum 2024, a breakfast programme from the staple of CyberAfrica holding in Lagos, is expected to spotlight key elements, such as data centres, digital and core infrastructure, investments, cybersecurity, cloud computing, content, satellite technology and Big Data  A statement from the organisers disclosed that the DISC Forum 2024 has become a pivotal platform for […]

Read More