Business

Ecobank Challanges SMEs on Single Market Trade Hub as Game Changer for SMEs in Nigeria

Ecobank has challanged Small and medium Enterprises (SMEs) as well as large businesses in the country to onboard on its Single Market Trade Hub which was launched recently. The Ecobank Single Market Trade Hub is a cutting-edge digital platform that serves as an exchange and information repository designed to respond to the evolving trading needs […]

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Business

Millions of Jobs Going for Cashiers, Secretaries and Admin Assistants Amid AI Revolt

With the advent of technology and remarkable advancements like artificial intelligence (AI), several jobs and industries in the United States are anticipated to face a downturn. The convergence of technological progress establishes the foundation for a shift in the job landscape, putting certain professions at risk of disappearing. In particular, data acquired by Finbold has […]

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Business

NCC Harps on Staff Roles on Business Survival, Unveils Business Continuity Awareness Week

NCC Harps on Staff Roles on Business Sustanace, Unveils Business Continuity Awareness Week The Nigerian Communications Commission(NCC), has flaggged-off an initiative designed to he sustain more of Nigerian businesss. The initiative know as the Business Continuity Awareness Week (BCAW), had its first edition for its staff. The BCAW is a dedicated event aimed at promoting […]

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Business

South Africa Goes Tough on Financial Crimes, Unveils New Money Laundary Laws

Following South Africa’s financial greylisting by global financial crime watchdog, the Financial Action Task Force (FATF) for not fully complying with international standards around the prevention of money laundering and terrorist financing, significant amendments have been made to the Financial Intelligence Centre Act (FICA). These amendments mean that any business dealing with significant financial transactions […]

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Business

eCommerce Giant Jumia Bleeds, Negligently Losses $2bn with No Profitability Guarantees Ahead

Pan-African e-commerce titan Jumia is facing a bleak future as the company continues to bleed money with no end in-sight. The company has incurred significant losses of $2 billion since its inception, and says there’s no guarantee it will achieve or sustain profitability in the future. This is according to Jumia’s annual report filed with […]

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Business

Ecobank Nigeria to Appeal Honeywell’s N72bn Court Judgement

Ecobank Nigeria Limited says it will appeal a judgement by the Federal High Court in Lagos, presided over by Hon. Justice Liman, which delivered a judgment in favour of Honeywell Flour against the bank and ordered it to pay the sum of N72 billion. The bank said it believe that the judgment is perverse and […]

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Business

JUST IN: Data Protection Commission Boss Assures Nigerians of 500,000 Job Creation

The National Commissioner of the Nigerian Data Protection Commission (NDPC), Dr Vincent Olatunji, has assured Nigerians that the Commission has the capacity to create about 500,000 jobs and create additional income for the citizen. Olatunji told journalist in Lagos, Southwest Nigeria in a training organised by the NDPC for members of Nigeria Information Technology Reporters […]

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Business

Binance Labs Commits $15m Game Devt Fund into Xterio, Web 3 Platform for Expansion

Binance Labs, the venture capital and incubation arm of Binance has committed $15 million into Xterio, a Web3 game platform and publisher bridging free-to-play and on-chain gaming with in-house and third-party games currently in development. The company plans to use this investment to further game and tech development, including integration of AI, and the launch […]

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Business

Ecobank Introduces Foreign Currency Transfer on Mobile & Omnilite Apps

Ecobank has introduced foreign currency transfer into its Ecobank Mobile and Omnilite apps that allows the recipient gets immediate credit in the target country’s local currency. Customers can now transfer money in seconds to 33 African countries where Ecobank Group operates. Announcing this new development in Lagos, Head, Consumer Banking, Ecobank Nigeria, Korede Demola- Adeniyi, […]

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Business

Omoniyi Ibietan’s Book on Cyber Politics Ready for Public Presentation

A book by the Head of Media Relations at the Nigerian Communications Commission (NCC), Dr Omoniyi Ibietan, will be formally presented to the public by publishers of the book have said. Premium Times Books said in a statement on Monday that the unveiling ceremony of Cyber Politics: Social Media, Social Demography and Voting Behaviour in […]

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