Business

No More Free Airport Access for Tinubu, Shettima  as FG Makes Payment of E-Tags Compulsory

The Federal Government says payment for access into airports across the country is now compulsory for all. The Minister of Aviation and Aerospace, Festus Keyamo, stated while briefing State House Correspondents shortly after the Federal Executive Council (FEC) meeting on Tuesday. The FEC meeting was adjourned on Monday May 13, 2024 to Tuesday. According to […]

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Business

Artificial Intelligence key to Business Development, Says AI Expert

Small and Medium Enterprises (SMEs) in the country have been advised to embrace Artificial Intelligence (AI) technology to grow their businesses. Founder AI Nigeria, Ehia Erhabor, made this submission in his presentation titled “ Using AI for business innovation” delivered at the Ecobank MySME Growth Series webinar. He emphasied that AI is a gamechanger particularly […]

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Business

NITDA Signs MoU with American Tech Company, CISCO to Accelerate National Digitisation

The National Information Technology Development Agency (NITDA) has signed a Memorandum of Understanding (MOU) with Cisco to advance Nigeria’s digital transformation. Cisco’s Country Digital Acceleration (CDA) Programme is a global initiative that partners with government and private sector leaders to develop sustainable, secure, and inclusive communities powered by ethical and innovative technology solutions. The partnership […]

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Business

Nigeria’s  Mobile Communication Sector Expected to Increase GDP to N67trl by 2028

The contribution of the mobile communications sector of the Nigerian economy has the capability to increase the country’s Gross Domestic Product by about N67 trillion by 2028. To achieve that there had to be intentional policy interventions and consistent implementation, according to the Global System for Mobile Communications (GSMA). Senior Director of Public Policy and […]

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Business

Dangote Cement Assures of Commitment to Community Engagement, Sustainability in Host communities

Dangote Cement Plc, is prioritizing  community engagement, empowerment, and environmental stewardship to sustain its upward trajectory, The cement manufacturing firm said it believed that true progress is measured not only by economic prosperity but also by the holistic development of all stakeholders. The Plant Director of Dangote Cement Plc Obajana, Mr. Azad Nawabuddin, who disclosed this during a media chat in Obajana, said that […]

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Business

eTranzact Secures License to Operate in Uganda

Nigerian-based payment technology solutions provider eTranzact has officially expanded into Uganda. The company’s expansion comes after receiving operational licenses from the Central Bank of Uganda in April 2024.  eTranzact Uganda’s license The licenses, granted under the National Payment Systems Operator Act, allow the company to operate as eTranzact Platform Limited, Uganda. They permit eTranzact to offer various payment solutions and services, […]

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News

Again, NITDA Harps on Quest for Safe & Inclusive Digital Ecosystem

The quest for a safe and inclusive digital ecosystem was a subject of when Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa hosted the Head of Government Regulation and Public Policy TikTok Nigeria and West Africa, Mrs Tokunbo Ibrahim In his chat with her, Inuwa that reiterated the need for a […]

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Business

Hassan-Odukale Exit FirstBank as Chairman After 12 Years as Board Appoints Olufowose

The Board of FirstBank has appointed Mr Ebenezer Olufowose, a Non-Executive Director, as the new Chairman of the Board of Directors of First Bank of Nigeria Limited to takeover from exiting Mr Tunde Hassan-Odukale. This follows the expiration of the tenure of the former Chairman, Mr Tunde Hassan-Odukale who has completed 12 years for a […]

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Business

NESG Faults Introduction of Cybersecurity Levy, Says Nigerians Can’t Feed

The Nigerian Economic Summit Group (NESG) has faulted the timing of the introduction of the 0.5% cybersecurity levy on electronic transactions recently introduced by the Central Bank of Nigeria (CBN). In a statement on Thursday, NESG asked the Federal Government to reconsider the levy as Nigerians are currently groaning under multiple taxation and inflationary pressures. In […]

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Business

NCC Signs MoU with Nokia to Setup 5G/4G Test Lab & Train Nigerian Youth on Radio, Transmission Technologies

The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijanni, the Executive Vice Chairman and Chief Executive of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, have signed a Memorandum of Understanding (MoU) with Nokia Solutions and Networks Nigeria, to train young Nigerians on latest 4G/ 5G radio and transmission technologies at the Nigerian […]

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