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Business

Ecobank Applauds Medical Personnel, Security Operatives Over and Others Fight Against COVID-19

Ecobank Nigeria has commended those contributing to keeping the country safe as the world battles the dreaded Coronavirus pandemic. According to him, this group of people have continued to put the needs of others first and show sacrificial love to support the country’s effort at containing the scourge, stressing that, the Bank remains grateful for […]

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Technology

Mobility-as-a-Service Revenue to Exceed $52 Billion by 2027, as Coronavirus Stunts Growth

The revenue generated by the use of MaaS (Mobility-as-a-Service) platforms, which integrate different transport services (including buses, taxis, rail and metro) into a single app, will exceed $52 billion by 2027, up from $405 million in 2020. The new research, Mobility-as-a-Service: Business Models, Vendor Strategies & Market Forecasts 2020-2027, new study from Juniper Research found […]

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Technology

Zoom Hires Ex-Facebook Security Chief to Beef Up Privacy, Safety

Zoom Video Communications Inc has hired former Facebook security chief Alex Stamos as an adviser and formed an advisory board to improve the video conferencing app’s privacy and security issues amid a global backlash against the platform. Zoom is facing widespread criticism from users worried about the lack of end-to-end encryption of meeting sessions and […]

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Social Media

Facebook, YouTube Teams-up to Fight Against 5G, COVID-19 Falsehoods

Amid the alarming increase of claims linking the spread of coronavirus (COVID-19) to fifth-generation (5G) technology, some social media platforms are stepping up to deal with the baseless claims. This comes as many of the stories based on the perceived links have been doing the rounds and going viral on social media platforms such as […]

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Telecoms

NCC Warns About Fake Website Promising Free Data Bundle

The Nigerian Communications Commission (NCC) has said that there is fake website currently promising internet subscribers of free data bundle. The fake website (https://covid-19-fg-grant.blogspot.com/?=1) is asking Nigerian citizens to apply for a free Internet bundle ostensibly being given by the Nigerian government in collaboration with NCC. In a disclaimer message from the NCC issued by […]

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Business

Bloomberg Philanthropies Announces New $40m Coronavirus Global Response Initiative

Just days after Mike Bloomberg launched a program to help American mayors improve their coronavirus response, Bloomberg Philanthropies has announced additional actions and funding to combat the pandemic on a global scale. The new $40 million global initiative will support immediate action to prevent or slow the spread of COVID-19 in vulnerable low- and middle-income […]

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Business

Ecobank Counsels Customers on Coronavirus, Urges Use of Other Platforms

Valued Customers, The World Health Organization (WHO) has declared the coronavirus (COVID-19) as a global pandemic, following the unprecedented spread across the world and very sad deaths occasioned by the virus. Our most sincere thoughts and prayers are with all families who have lost loved ones as we wish those infected speedy recovery. At Ecobank, […]

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E-Commerce

eCommerce Losses to Online Payment Fraud to Exceed $25b Annually by 2024

Latest statistics has revealed that eCommerce merchant losses to online payment fraud will exceed $25 billion in 2024, from just of $17 billion in 2020, despite the ongoing implementation of SCA (Secure Customer Authentication) in Europe. The new research, Online Payment Fraud: Emerging Threats, Segment Analysis & Market Forecasts 2020-2024, found that the popularity of […]

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Business

Banks and Other Financial Services to Operate During COVID-19 Lockdown

The Minister of Finance, Budget and Planning and the Governor of the Central Bank of Nigeria obtained Presidential approval to permit critical financial services to function It will be recalled that President Muhammadu Buhari had issued a directive restricting the movement of people – excluding those on essential service – with effect from 11pm on […]

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Internet

Lagos EXCO Makes History with First-Ever Virtual Meeting

The Lagos State Government South-West, Nigeria made a major landmark in Nigeria as the first state in the country to hold a virtual State Executive Council meeting with the executives exchanging banters here and there, waving of hands and laughter. The meeting was chaired by the Governor, Mr. Babajide Olusola Sanwo-Olu. “Can you see me?” […]

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