The U.S. Department of Commerce is close to signing off on a new rule that would allow U.S. companies to work with China’s Huawei Technologies on setting standards for next generation 5G networks, people familiar with the matter said. Engineers in some U.S. technology companies stopped engaging with Huawei to develop standards after the Commerce […]
Read MoreFidelity Bank says it will continue to take measures that will ensure the safety of customers, staff and other stakeholders during the period of COVID-19. The bank, in a statement said its Chairman, Mr Ernest Ebi, gave the reassurance at the bank’s 32nd Annual General Meeting (AGM) held recently in Lagos. Ebi said the bank […]
Read MoreThe total number of MaaS (Mobility-as-a-Service) platform users (which integrates different transport services, including buses, taxis, rail and metro into a single app), will grow by over fivefold by 2021 compared with 2019. This means the market will reach over 1.3 million users in 2021, despite the ongoing pandemic. As the MaaS market is so […]
Read MoreAs Uganda joins the rest of the world to mark International Labour Day on May 1st, 2020, the biggest percentage of the country’s labour force is grappling with uncertain future over whether they will be working gainfully in the coming months. A new research by Success Africa and Ultimate Multimedia Consult has shown that many […]
Read MoreAgri-tech startup Farmcrowdy has ventured into the e-commerce space with the launch of Farmcrowdy Foods, a one-stop digital marketplace that allows consumers to conveniently purchase highly affordable fresh food products from the comfort of their homes. Formed in 2016, the Farmcrowdy platform connects small scale farmers across Nigeria with access to finance sourced from individuals […]
Read MoreSeplat Petroleum Development Company Plc, a leading Nigerian independent oil and gas company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has assured that its increasing revenue from gas, low oil price hedging and good cash standing, provide strong resilience to the current oil price volatility. This position is […]
Read MoreIn a virtual policy sprint that lasted for 72 hours, Startup by A&E Law and Paradigm Initiative led the development of a draft Coronavirus Regulation which States in Nigeria can adopt to guide their response to the global pandemic. The Regulation which was drafted in line with the Quarantine Act (CAP Q2 LFN 2004) sets […]
Read MoreA Nigerian stat-up base in Jos,North-Central Nigeria, OkwuEco has launched a marketplace platform to smooth solid waste disposal and encourage recycling, and is in the process of piloting its solution ahead of a full rollout. OkwuEco helps users identify, sort, buy, sell, and dispose of solid waste from anywhere for cash or points, and automatically […]
Read MoreConsumers will interact with voice assistants on over 8.4 billion devices by 2024; overtaking the world’s population and growing 113% compared to the 4.2 billion devices expected to be in use by year end 2020. Despite this, monetisation of the voice assistants themselves remains a challenge. Juniper Research in a new research, Voice Assistant Market: […]
Read MoreFollowing the lockdown caused by the COVID-19 pandemic, Facebook decided to introduce new products that make it easier to spend quality time with loved ones and to deal with feelings of isolation and loneliness. Facebook has lately monitored a rise in demand for real-time video with Video calling on Messenger and WhatsApp video more than […]
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