administrator
Business

Union Bank Ex parte Order on Alleged Debt False & Baseless, Says Swift Networks

Swift Networks Limited have described as false and baseless a situation that resulted to a a Federal High court Ex parte injunction granted to Union Bank over an alleged debt. According to the Internet Service Provider company, it assured it assured that it would be rigorously opposing the Ex parte order in court while also […]

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Business

Ecobank Challanges SMEs on Single Market Trade Hub as Game Changer for SMEs in Nigeria

Ecobank has challanged Small and medium Enterprises (SMEs) as well as large businesses in the country to onboard on its Single Market Trade Hub which was launched recently. The Ecobank Single Market Trade Hub is a cutting-edge digital platform that serves as an exchange and information repository designed to respond to the evolving trading needs […]

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Business

Millions of Jobs Going for Cashiers, Secretaries and Admin Assistants Amid AI Revolt

With the advent of technology and remarkable advancements like artificial intelligence (AI), several jobs and industries in the United States are anticipated to face a downturn. The convergence of technological progress establishes the foundation for a shift in the job landscape, putting certain professions at risk of disappearing. In particular, data acquired by Finbold has […]

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Business

NCC Harps on Staff Roles on Business Survival, Unveils Business Continuity Awareness Week

NCC Harps on Staff Roles on Business Sustanace, Unveils Business Continuity Awareness Week The Nigerian Communications Commission(NCC), has flaggged-off an initiative designed to he sustain more of Nigerian businesss. The initiative know as the Business Continuity Awareness Week (BCAW), had its first edition for its staff. The BCAW is a dedicated event aimed at promoting […]

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Business

South Africa Goes Tough on Financial Crimes, Unveils New Money Laundary Laws

Following South Africa’s financial greylisting by global financial crime watchdog, the Financial Action Task Force (FATF) for not fully complying with international standards around the prevention of money laundering and terrorist financing, significant amendments have been made to the Financial Intelligence Centre Act (FICA). These amendments mean that any business dealing with significant financial transactions […]

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Technology

Microsoft, Meta Unveils AI Model for Commercial Use

Facebook parent Meta has partnered with Microsoft to unveil its ChatGPT rival: the Llama 2 open source artificial intelligence (AI) model. According to a Microsoft blog post, the new free-to-use model enables developers and organisations to build generative AI-powered tools and experiences. Llama 2 will be distributed by Microsoft through its Azure cloud service and […]

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E-Commerce

eCommerce Giant Jumia Bleeds, Negligently Losses $2bn with No Profitability Guarantees Ahead

Pan-African e-commerce titan Jumia is facing a bleak future as the company continues to bleed money with no end in-sight. The company has incurred significant losses of $2 billion since its inception, and says there’s no guarantee it will achieve or sustain profitability in the future. This is according to Jumia’s annual report filed with […]

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Media OutReach

Ex-Health Ministry Director, Dr Nnenna Ezeigwe Joins ‘Resolve to Save Lives Nigeria’ Board

Resolve to Save Lives Nigeria (RTSL Nigeria) announced the appointment of Dr. Nnenna Ezeigwe, Co-Founder and CEO, Environment for Health Development Initiative (E4HDI), to the RTSL Nigeria Board of Directors. RTSL Nigeria is part of Resolve to Save Lives, a global health nonprofit focused on preventing 100 million deaths from cardiovascular disease and making the […]

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Business

Ecobank Nigeria to Appeal Honeywell’s N72bn Court Judgement

Ecobank Nigeria Limited says it will appeal a judgement by the Federal High Court in Lagos, presided over by Hon. Justice Liman, which delivered a judgment in favour of Honeywell Flour against the bank and ordered it to pay the sum of N72 billion. The bank said it believe that the judgment is perverse and […]

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Business

JUST IN: Data Protection Commission Boss Assures Nigerians of 500,000 Job Creation

The National Commissioner of the Nigerian Data Protection Commission (NDPC), Dr Vincent Olatunji, has assured Nigerians that the Commission has the capacity to create about 500,000 jobs and create additional income for the citizen. Olatunji told journalist in Lagos, Southwest Nigeria in a training organised by the NDPC for members of Nigeria Information Technology Reporters […]

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