In a groundbreaking move within the African banking landscape, Access Bank Plc and KCB Group Plc inked a binding agreement on Wednesday to acquire the full shareholding of National Bank of Kenya Limited (NBK) from KCB. This was revealed in a joint statement between the two firms that was released on Wednesday. The successful conclusion […]
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If you are wondering how to get scarce foreign currency to start up a business that requires imported inputs, there is an idea on that popping up from the Chief Executive Officer of Information Connectivity Solutions Limited (ICSL), Mr Yemi Oshodi who spend 25 years of his business life on the Wall Street before returning […]
Read MoreAMA PRESS RELEASE The Africa Fintech Summit (AFTS) releases its insightful “Nigeria Fintech Marketing Outlook 2024” report, shedding light on the current state and future direction of marketing strategies within the nation’s booming fintech industry. Since 2017, the Africa Fintech Summit has led trade missions, bilateral partnerships, ecosystem tours, investment initiatives, and launches with startups, […]
Read MoreLast year, the average data breach cost for an organization not using AI-enabled cybersecurity was $4.45 million. This value was 40% or $1.8 million lower for companies that did. The rising number of companies and organizations using AI-boosted cybersecurity systems has given quite a momentum to this market, which is expected to snowball in the […]
Read MoreNigerian Hyperspace Technologies, a blockchain and web3 technology company, has launched three new solutions to address digital asset security: the Keymaster VAULT, cipherKEY tap2sign, and cipherCHIP tap2verify. The Keymaster VAULT is a card-based hardware wallet designed for crypto currency holders and those who own digital assets and non-fungible tokens. While the cipherKEY tap2sign is another […]
Read MoreKenneth Uche, 28 entrepreneur who is providing affordable, eco-friendly cooking solutions for millions of Nigerians is on the list of finalist for a research award worth £100,000. The Just IMAGINE If… award, held every two years, invites forward thinkers to submit their sustainable business ideas for evaluation by renowned entrepreneurs and social innovators. The winner […]
Read MoreThe number of active retail roaming subscribers will reach 1.25 billion globally by the end of 2024, and will rise to 1.6 billion by 2028. It identified the increasing number of roaming subscribers using 5G networks as a key challenge for operators to fully monetise roaming activities. A new study from Juniper Research, said that 5G […]
Read MoreFollowing the disruption on March 14, 2024, which affected data and voice services due to cuts in undersea fibre optics along the coasts of Cote d’Ivoire and Senegal, we are pleased to announce that services have now been restored to approximately 90% of their peak utilization capacities. A statement from the Nigerian Communications Commission, said […]
Read MoreThe newly appointed first female Group Managing Director/Chief Executive, Zenith Bank, Dr Adaora Umeoji has about 30 years banking experience. However, her appointment, subject to the approval of the Central Bank of Nigeria, takes effect from June 1, 2024, according to the bank. “She takes over from Dr. Ebenezer Onyeagwu, whose five-year term expires on […]
Read MoreWhile the country marks the World Consumer Day last week, the Nigerian Communication Commission (NCC), took time to warn AI Developers of the need to be transparent about the data, algorithms, and models used in AI systems stating that this ensures that decisions made by AI can be explained and mistakes can be fixed to […]
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