News

NITDA Opens Application for Cohort 3 of Coursera Designed to Boost Nigeria’s Digital Economy

The National Information Technology Development Agency (NITDA) in partnership with Coursera calls for application from interested Nigerians to apply for the Cohort 3 of Coursera courses. Coursera provides NITDA’s selected learners with access to world-class educational contents from top universities and industry leaders – including Yale, Meta, Google, and IBM. Coursera will support the Nigerian […]

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File photo of President Bola Tinubu.
 Financial

FG, States, LG Share N1.1trn December Allocation Leaving ECA at $473,754.57

The Federation Account Allocation Committee (FAAC) has shared a total of N1.1 trillion December 2023 allocation to the Federal Government, States and Local Government councils. This was contained in a communiqué issued at the end of the Federation Account Allocation Committee (FAAC) meeting for January 2024, a statement by the Director of Press and Public […]

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President Bola Tinubu receives the United States Secretary of State, Antony Blinken, at the Presidential Villa in Abuja on January 23, 2024.
 Business

Blinken Assures of Investment in Nigeria’s Tech Sector But Expresses Concern on Corruption Index

The US Secretary of State Anthony Blinken has assured of the country’s companies’ readiness to partner with and invest in the Nigerian economy. Blinken, who is on an African tour, made the remark in Abuja during his visit to President Bola Tinubu at the Presidential Villa. “American entrepreneurs and companies are ready to partner and […]

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Telecoms

Smartcash Payment Service Bank Signs Strategic Partnership with Stanbic IBTC to Boost Cash Services in Nigeria

Smartcash Payment Service Bank (PSB), a subsidiary of Airtel Nigeria, is going into strategic partnership with Stanbic IBTC Bank to boost cash deposits and withdrawals for Smartcash customers across Nigeria. The new collaboration between the two visionary companies aims to leverage Stanbic IBTC Bank’s branch network to provide additional financial services to Airtel Smartcash customers […]

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Business

Cryptocurrency Tipped Alternate Investment Destination as Nigeria’s Inflation Goes Berserk

Venture capital firm EMUGO Africa believes the widespread adoption of mobile-based crypto applications, a vibrant start-up ecosystem and a tech-savvy youthful population will position Nigeria as a major player in Africa’s crypto space. EMUGO Africa published a blog, this week, titled, Inside Nigeria’s Web3 Market: Crypto Outlook and Regulations, in which it explained that Nigeria has one […]

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Business

Nigerian Govt to Develop App on Student Loan to Ensure Zero Human Intervention

The Nigerian Government said it will develop an app for applications into the student loan scheme. This is according to the Executive Secretary of the Student Loan Scheme Board Akintunde Sawyer who spoke on Monday after the board met with President Bola Tinubu in Abuja. Sawyer said the move is to ensure zero human intervention […]

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Business

President Tinubu Extends Student Loans to Skill Acquisition

President Bola Ahmed Tinubu has directed the extension of interest-free loans to Nigerian students interested in skill-development programmes. The President issued the directive at the State House on Monday after a briefing from Mr. Akintunde Sawyerr, Executive Secretary of NELFUND, on the build-up to the launch of the programme later in the month. On the need […]

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DG, Charles Odii
Business

SMEDAN Disbursed N7bn to Boost SMEs in Nigeria as DG Marks 100 Days In Office

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), said it has facilitated over seven billion naira worth of funding for SMEs in the country in the first 100 days of the current DG, Charles Odii in office. The agency also said Odii has led impactful initiatives resulting in the creation of 15,000 jobs […]

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Business

Brands Spent $930bn on Social Media Advertising Since 2017, Quadrupled in Six Years

As the second-largest market in the digital advertising space, the social media ad industry has grown tremendously over the years. With an estimated 4.9 billion social media users across the world and over 90% of marketers using social media to promote brands and reach customers, it`s no wonder this type of advertising has become one […]

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News

Nigeria Rejigs e-auction Amid Earlier Success Challenges Receives 1,137 Bids

Despite initial problems, the Nigeria Customs Service (NCS) is pleased with the good response to its revamped electronic auction platform. Since its re-launch , the agency has received 1,137 bids and 1,099 registered applicants. Abdullahi Maiwada, chief superintendent of customs and national public relations officer, called the response “impressive.” Approximately 100 vehicles were posted to […]

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