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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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Business

COVID-19: NNPC,Total,Other Oil Firms Donate $30m to Federal Government

The Nigerian National Petroleum Corporation (NNPC) and 33 oil and gas companies have contributed $30 million, about N11.4 billion to enable the Federal Government fight Coronavirus (COVID-19) in Nigeria. Speaking in Abuja, Group Managing Director of the NNPC, Mallam Mele Kyari, disclosed that the donation was targeted at supporting healthcare delivery facilities in the nation. […]

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Business

Ecobank Donates N100M to “StaySafeNigeria” Campaign on FRCN , Announces Zero Charge for Digital Money Transfers

Ecobank Nigeria is committing about a hundred million naira to drive its National Radio Campaign “StaySafeNigeria”, being part of its corporate actions to support measures to check the rising spread of Coronavirus. The campaign which is a call to action, creating awareness and educating the populace on safety measures to adopt against the dreaded COVID […]

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Technology

COVID-19: Kenyan 4G Capital Provides Operational, Services Update on East Africa Outbreak

4G CAPITAL GROUP Limited, a market leader in technology-driven financial inclusion, has announced an update on its operations across Kenya and Uganda and shares its approach to safeguarding its clients, employees and services amid the COVID-19 outbreak. For over six years, 4G Capital’s primary focus has been the removal of barriers that inhibit financial inclusion […]

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Financial

Mobile Telephone Operators to Lose Over $25m Roaming Revenue as COVID-19 Pandemic Lock-Down Continues

the impact of Coronavirus on the international travel industry could cost operators over $25 billion in lost revenue during the next 9 months. Juniper Research in its latetest report, examined two possible scenarios: a medium and high impact, believing a low impact is now not possible. The high impact scenario assumes a severe disruption to […]

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Digital Leadership Series

Six Ways for Human Interaction at Distance

Human beings are social creatures and as we all get used to remote working I am sure that you like me have experienced your fair share of ups and downs. However, we are lucky enough to live in an age where digital tools are freely and easily accessible to make this period of isolation one […]

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