Business

Dangote Cement Celebrates Distributors, Splashes Prizes at Award Night

For their continued loyalty, the management of Dangote Cement Plc, at the weekend celebrated its teeming distributors across the country. The celebration was in appreciation of its customers’ patronage in the previous years and the company’s acceptability by Nigerians. The Distributors’ award ceremony was in recognition of the distributors’ long-standing commitment, devotion, loyalty, and valuable […]

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Telecoms

Again, OPAY Pledges to Implement CBN’s KYC Mandate, Unveils 2024 CSR Plan Targeting Education  

Leading the charge in mobile-based payments, OPay has pledged to implement a thorough removal process for accounts lacking a Bank Verification Number (BVN) and/or National Identification Number (NIN) starting March 1, 2024. This commitment follows the recent directives from the Central Bank of Nigeria (CBN) on Know-Your-Customer (KYC) requirements, mandating all individual accounts and wallets […]

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Business

Industry Bigwigs Arrive kano for 2024 National Council on Communications, Innovation & Digital Economy Confab

Industry bigwigs led by the Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani have arrived the ancient Kano city for the National Council on Communications, Innovation and Digital Economy Meeting taking place in Kano State Government House’s Coronation Hall. The Governor of Kano State, Engr Abba Yusuf, Director General of National Information and […]

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Business

Nigeria to Launch Africa’s First Database for Transport Industry to Enhance Policy Formulation

The Nigerian Government is set to unveil Africa’s first data base for the transportation under its  Smart National Transport Databank initiative. The government hails it as Africa’s first online, real-time, nation-wide comprehensive transport database, with the aim of improving policy formation and ensuring the sector fulfils the demands of the population and economy. The administration […]

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News

Fourth Mainland Bridge Construction Begins March, April, Says Gov Sanwo-Olu

Lagos State Governor, Babajide Sanwo-Olu, has unveiled plans of a phase by phase work for the the construction of the long-awaited 37km Fourth Mainland Bridge will begin by the end of March or April. He assured that those that will be affected including owners of buildings, some of which has telecoms towers will be duley […]

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Business

OPay to Block All Non-NIN Complaint Accounts by March 1st

All accounts on OPay, Nigeria’s fintech company that are not properly linked with the National Identification Number (NIN) would be blocked by March 1, 2024. Also, fraudulent accounts and those that do not meet the know-Your-Customer (KYC) of the Centra Bank of Nigeria would also be removed from the OPay platform. The Director of Partnerships […]

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Technology

AI Chip Market Revenues to Surpass $126bn by 2027 as Nvidia Battles Intel

The AI chip market has witnessed remarkable growth and innovation. This plays a pivotal role in advancing artificial intelligence (AI) technologies. The accelerated AI chip development is a goldmine for big chip manufacturing giants as revenues will escalate in the forthcoming years. According to Stocklytics.com, AI chip market revenues will exceed $126 billion by 2027. As […]

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Economy

FG Backs Lagos Ban of Reusable Plastic, Says It’s Inevitable

The Federal Government has backed the ban on reusable plastic by the the Lagos State Government. The Government said that  the ban of some plastic materials is inevitable, even as it urged Nigerians to be prepared for “wholistic circular management of our waste”. The Minister of State for Environment, Iziaq Salako, made this known in […]

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Business

Dangote Still Africa’s Richest as Forbes Unveils Richest Billionaires in 2024

President of Dangote Group, Aliko Dangote, has retained his position as the richest person in Africa, with a net worth of $13.9 billion, in the 2024 Forbes list of 20 Africa’s Richest billionaires released on Monday. According to Forbes, the fortunes of Africa’s wealthiest people rebounded slightly in the past 12 months, reversing the decline […]

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Business

Olatunji Harps on Essence of Protecting African’s Personal Data at Global Forum

The National Commissioner, Nigeria Data Protection Commission, Dr Vincent Olatunji has noted the importance of collective efforts among DPAs in Africa to ensure the protection of personal data of individuals across the continent. Olatunji who was the guest speaker at the webinar on Data Protection in Africa and the Middle East, hosted by Hogan Lovells. […]

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