Global revenue from BaaP (Banking-as-a-Platform) services will increase to $49 billion globally in 2028, from $4 billion in 2023 but the traditional banks are fighting back. Juniper Research in a study argued that BaaP can help traditional banks regain their competitive edge against neobanks. Through collaboration with innovative vendors, banks can offer new services from […]
Read MoreA boost is on the horizon for the Medium and Small Scale Enterprises in Nigeria in the digital space with the offer of N500 billion from Wema Bank for the launch of digital hubs across the country. The Director of Information in the Office of the Vice President of Nigeria, Mr Olusola Abiola who made […]
Read MoreThe Nigerian Communications Commission (NCC), has warned traders and other stakeholders about the negative consequences of selling and purchasing phones and telecommunications gadgets that are not type approved by the Commission. The certification of telecom devices used in the telecom sector is one of the mandates of the NCC as enshrined in the Nigerian Communications […]
Read MoreThe Federal Competition and Consumer Protection Commission (FCCPC) has delisted another 18 Digital Money Lenders (DMLs) for operating without regulatory approval. A statement by Mr Babatunde Irukera, the Executive Vice Chairman of the Commission, said this on Wednesday in Abuja. Irukera said the DMLs were operating in violation of the Limited Interim Regulatory/Registration Framework and […]
Read MoreThe founder and chief Executive Officer of Co-Creation Hub, Dr Bosun Tijani is on the list of the 19 ministerial nominees send to the National Assemble by President Bola Tinubu of Nigeria. Ijani was some years ago declared a number of analysts one of the most powerful figures in African tech when Co-creation Hub and […]
Read MoreThe Central Bank of Nigeria (CBN) is again on the radar as the nation’s lawmakers plan revisiting the Act establishing the apex bank. The Senate President Godswill Akpabio disclosed the need for the National Assembly to revisit the legislation behind the CBN during ministerial screening at the Senate following nominee Adebayo Adelabu’s request for new […]
Read MoreThe Nigerian Communications Commission (NCC) and Bureau of Public Service Reforms (BPSR) have signed a Memorandum of Understanding (MoU) to jointly work towards accelerating the digitisation reform process in government. Helmsmen of both organisation, the Executive Vice Chairman of NCC, Prof. Umar Danbatta and the Director-General BPSR, Dr. Dasuki Arabi signed at the NCC’s Head […]
Read MoreThe National Space Research and Development Agency (NASRDA) had acquired its first functional radio telescope worth over N44 million to aid Astronomy research and studies in the country. Director, Centre for Basic Space Science and Astronomy (CBSSA), Dr Bonaventure Okere, disclosed this to the News Agency of Nigeria (NAN) in Abuja. Okere said that the […]
Read MoreDangote Cement Plc is planning to establish an academy to support the seamless transfer of requisite skills to block makers and artisans in the real estate sector of the economy. Africa’s leading cement manufacturer said the decision was informed by the menace of building collapse in the country. Dangote Cement’s National Sales Director, Mrs Funmi […]
Read MoreAbout 70 percent of customers’ data are going to be driven by retail and digital media enterprises in 2023, according to a report from Juniper Research, the foremost experts in mobile messaging, has identified the two leading markets driving CDP (Customer Data Platform) adoption this year. The report said that they will account for $1.5 […]
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