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Nigeria’s UfarmX Enters Senegal to Fast-track Farmer’s Business Through Blockchain

Nigerian agri-tech startup UfarmX, which leverages blockchain technology to empower rural, unbanked and underserved smallholder farmers, has expanded to Senegal as it aims to reshape perceptions about agriculture, positioning it as an appealing, contemporary, and profitable career option for the younger generation. At its heart, UfarmX is a “digital bridge, an enabler, and a catalyst […]

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Financial

Post-Master General in Hot-Seat Over Huge Revenue Losses as Senate Threatens Privatisation of NIPOST

The Senate on Tuesday threatened the complete privatisation of the Nigerian Postal Service (NIPOST) if the agency continues operating at a loss. Chairman of the Joint Committee on Finance, Senator Sani Musa, issued the warning during the continuation of the 2024-2026 Medium-Term Expenditure Framework (MTEF) public hearing in Abuja, the nation’s capital. Quizzing the Post-Master […]

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Business

AI Implementation to Save Banks $900m in Operational Costs by 2028

The implementation of AI (Artificial Intelligence) in identity verification will reduce the average time spent per digital onboarding check from over 11 minutes in 2023, to under 8 minutes in 2028; dropping by 30%. As AI becomes increasingly accurate, it reduces the number of identity checks referred to a human agent for review, and the […]

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Business

Volatile Economic Landscape Threatens Telecoms SMB Enterprise Market, Says Report

With telecoms service providers looking for growth in enterprise revenues from the small and medium-sized business (SMB) market, the combination of intense competition, the long-term impact of the 2007/08 financial crisis, and the Ukraine war are set to squeeze market opportunities in the immediate future, says GlobalData, a leading data and analytics company. Until recently, […]

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Business

i.safe MOBILE Unveils 5G Android and Windows Tablet with Charging Option for Hazardous Areas

i.safe MOBILE, innovation and world market leader for explosion-proof mobile devices and solutions, will be presenting its latest tablet developments to the trade public at the SPS trade fair in Nuremberg. In addition to the Android-based IS940.1, the company has also developed a Windows tablet IS945.1 as a debut. The first 5G tablet for Zone […]

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News

About 40% of Smartphone Users in Top Markets are Photo Editing Apps Fans

Over the past few years, photo editing apps have successfully climbed to the top of the market, standing side by side with basic apps like email, browsers, and messenger apps. According to data presented by OnlyAccounts.io, around 40% of smartphone users in the top markets regularly used photo editing apps in 2023. Americans Use Photo […]

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Business

Africa’s Energy Industry Needs Repositioning for Continent’s Survival, Says Seplat CEO

Africa should reposition the energy industry for the future and become much more efficient with its energy resources, the Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown has said. He urged African countries to accept the fact that energy has a key role to play in the future of the continent, and the integration […]

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FinTech

Fintech Company, PalmPay Clinches Multiple Laurels at Nigerian Marketing Awards

PalmPay a Africa-focused fintech platform committed to driving economic empowerment in Africa through its secure, user-friendly, and inclusive suite of financial services, has won the multply awards at the Nigerian Marketing Awards. PalmPay brings top-tier products into the pockets of everyday Nigerians, and offers money transfers, bill payments, credit services, and savings on its app […]

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Business

USA Base Fintech, Nairagram Wins Pan-Finance Best Remittance Solutions Award

A US based Fintech company headquartered in Atlanta, Georgia, Nairagram, has been announced as winner of the coveted Pan-Finance award as Best Remittance Solutions for Africans in the diaspora. Nairagram is a digital payments company focused on facilitating payments in, out and within Africa. The company currently powers bank account, mobile money and cash pick-up […]

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Software

Firms Need Resilience Solutions to Tackle Risks of Cyber-Attacks, Says inq.Digital CEO

inq.Digital Nigeria, a solutions provider said organisations in Nigeria need cybersecurity solutions to reduce cyber risks and attacks. The company revealed that it is in partnership with some cybersecurity providers such as Sophos to enable them to deliver their cybersecurity solutions to their customers. Managing Director/Chief Executive Officer of inq.Digital Nigeria, Mr. Ifeanyi Akosionu Nigeria, […]

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