StartUps

Pricepally Launches Group-buying Platform for Food

Pricepally has launched a grouo-buying platform that aggregates consumer food demand in urban cities and matches it with supplies directly from farmers and wholesalers. Launched in November, the startup’s aim is to cut out middlemen and save consumers money by leveraging technology to aggregate demand via a sharing model. Users log in to the Pricepally […]

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Business

Ecobank Nigeria Pledges Exports & Imports Support Opportunities Nigerian Businesses

Ecobank Nigeria said it is providing opportunities that supports exporters and importers within the African region. Head Trade Finance of Ecobank Nigeria, Sunday Abah, who made the remark at a meeting with journalist in Lagos, South West Nigeria said the bank’s unique intra-Africa trade solutions enable settlements of trade transactions and mitigates payment risk; provide […]

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Technology

ITU & ICT Sector Target 45% Emission-Reduction by 2030

The ICT industry has committed to reduce greenhouse gas (GHG) emissions by 45% from 2020 to 2030. This, according to a statement, is line with a new International Telecommunication Union (ITU) standard, which highlights compliance with the Paris Agreement. The ITU said its standard supports ICT companies in reducing GHG emissions at the rate necessary […]

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FinTech

Digital Banking Users to Reach 3.6 Billion by 2024, an Increase of 54%

The total number of digital banking users will exceed 3.6 billion by 2024, up from 2.4 billion in 2020; a 54% increase. This growth will be driven by the rise of digital-only banks and the ongoing focus on digital transformation by established bank brands. The new research, from Juniper Research, Digital Banking: Banking-as-a-Service, Open Banking […]

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Technology

Nokia Enhances Fiber Access Portfolio to Accelerate 5G

Nokia is expanding its fiber access portfolio to include new solutions and innovations that will enable service providers to deliver a gigabit experience to everyone, sooner. The enhanced portfolio includes a new Lightspan MF access node designed for the 5G era, a new Beacon 6 in-home gateway that supports 5G mobile data offloading and several […]

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Business

UK Launches Second Call for Business Innovation Challenge in Kenya Proposals

The UK launched the second round of a business innovation challenge fund that will see an additional 5 promising businesses receive grant funding and technical assistance of up to KES 13,000,000 (£100,000) each. The call for proposals will seek to support initiatives that are innovative, sustainable and with the potential to stimulate job creation. The […]

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TechEntertainment

LG Electronic TV Gaming Winner Emerges with Prize of N1m, OLED TV

LG Electronics (LG), at the weekend took the gaming experience of its customers to a new height as the company staged the grand finale of its OLED TV Gaming Challenge with a Pro-gamer Junior Imaji beating his opponent another Pro-gamer, Otis in game of France V Liverpool in a score of 3:2. In the highly […]

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Business

LCCI Seeks NCC’s Partnership, Support on 2020 ICTEL Expo

:The Lagos Chamber of Commerce and Industry (LCCI), has sought the partnership and collaboration of the Nigerian Communications Commission (NCC) for the successful hosting of this year’s edition of the Information Communication Technology and Telecommunications (ICTEL) Expo. The request was made by Leye Kupoluyi, LCCI Vice President, when he led a delegation of the Chamber […]

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Business

Ecobank Nigeria Appeals Tribunal Judgment on Disputed FIRS Tax Liability

Ecobank Nigeria wishes to provide its position on a statement released by the Federal Inland Revenue Service (FIRS) on the judgement of the Tax Appeal Tribunal (TAT), sitting in Lagos in respect of a disputed tax liability between the Bank and the FIRS for the 2015 financial year. For purposes of clarity, the decision of […]

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Network

Nokia Launches End-to-End 4G and 5G New Radio Slicing

Nokia has announced the launch of new end-to-end slicing network functionality for 4G and 5G New Radio (NR) – the first vendor to offer this capability. The solution will support connectivity from 4G and 5G devices over the sliced network to applications running in private and public clouds and will be available this summer. Nokia’s […]

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