The Central Bank of Nigeria (CBN), has assured Nigerians that its digital currency. eNaira posed no threat to financial stability. The Director, Corporate Communications Department of CBN, Dr Isa AbdulMumin said in Marrakech. AbdulMumin was reacting to a recent media report that raised concerns about Nigeria’s Central Bank Digital Currency (CBDC), eNaira, indicating potential risks […]
Read MoreStakeholders who are concerned as operators within the private educational sector in Nigeria have expressed the need to promote innovative and sustainable approaches to uplift the educational standards for underprivileged children living in low-income communities. According to the various stakeholders including Mrs. Oluwayemisi Ogunmola, Managing Director of EDC Fund Management Limited, a member of the […]
Read MoreNigeria Data Protection Commission (NDPC) has initiated bilateral cooperation on data privacy and protection with the Office of the Information Commissioner, United Kingdom. At its Study Visit to the OIC located in London and Wilmslow, UK the NDPC team led by its National Commissioner, Dr. Vincent Olatunji, gained insight into the workings of a full-fledged […]
Read MoreAmerican Tower Corporation has been able to decrease on-site diesel consumption by nearly 43.5 million liters annually after making an approximately $300 million investment in GHG emissions and energy reduction initiatives in Africa since 2018. This was revealed in its 2022 sustainability report, which outlined the Company’s sustainability strategy and provides a comprehensive overview of […]
Read MoreSchneider Electric has released no less than six out of the nine university groups competing in this year’s regional Middle East and Africa finals of its Go Green competition were from the Anglophone Africa region. The six finalist groups from the respective Anglophone Africa countries were: Nigeria – Ina Vibe who entered a solar-powered, insulated […]
Read MoreThe National Information Technology Development Agency (NITDA), in line with its mandate, has rolled out activities for the celebration of this year’s Cybersecurity Awareness Month. Last years, the agency trained 3242 on basic and intermediate cyber security skills in partnership with CISCO. The Cybersecurity Awareness Month held every October, is a month set aside globally […]
Read MoreData Centres in Nigeria need to start considering prioritising contents reflecting the nation’s cultural norms, contexts and ideological values while reaping the attendant socio-economic benefits within the value chain. According to the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Danbatta, data centres in Nigeria must also ensure that they operate to […]
Read MoreAnother laurel was at the weekend added to the several which the Nigerian Communications Commission (NCC) had received from stakeholders in nation’s telecoms ecosystem. The Nigeria Innovation Summit on Friday night in Lagos, South-West, Nigeria recognised the Commission with an award, ‘Pioneering Access to Digital Economy’ for the landmark strides that it has made to […]
Read MoreA new study from Juniper Research, the foremost experts in fintech & payments markets, has found that the total volume of virtual card transactions will reach 175 billion by 2028; rising from 36 billion in 2023. Growing by a significant 388%, the market will be accelerated by the adoption of API (Application Programming Interface) virtual […]
Read MoreOne Nigerian startup, Famasi Africa is among one of the 11 startups, picked from a vast pool of innovative talent for the first cohort of ‘Google for Startups Accelerator: AI First’ program. The 11 startups are using cutting-edge Artificial Intelligence to address both Africa’s challenges and broader global issues. The transformative power of AI in […]
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