News

Nigeria Records Major Landmark in PMS Export as Dangote Refinery Export Product to Cameroon

In a landmark move for regional energy integration, Dangote Refinery and Neptune Oil jointly announced the first-ever export of Premium Motor Spirit (PMS) from Dangote Refinery, Africa’s largest oil refinery, to Cameroon. This milestone, resulting from a strategic collaboration between the two companies, underscores their commitment to strengthening economic ties between Nigeria and Cameroon while […]

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News

JUST IN: Real-time Payments Contribute $7bn to Nigeria’s GDP in 2023, May Hit $15bn by 2028

Real-time payments contributed $7 billion to Nigeria’s Gross Domestic Payment in 2023, with projections reaching $15 billion by 2028. Banking penetration is expected to grow by 6.5%, unlocking a $40 billion profit potential for financial institutions. According to the Real-Time Payments: Economic Impact and Financial Inclusion report published by ACI Worldwide (NASDAQ, an original innovator in […]

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News

Abuja Jeweler, Makems  Stuns Fashion Lovers with Latest Styles at Jewelry Exhibition

Makems  jewelry, an Abuja-based  jewelry-making company in Nigeria, has unveiled some of the latest product at the its annual jewelry exhibition where a wide range of trendy, fine and unique handmade, locally-produced and imported jewelry products displayed. The jewelry exhibition was an expertly-curated showcase of exceptional ornaments, ranging from contemporary designs to vintage treasures such […]

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E-Commerce

Konga Group Foresees Bright Future for Nigeria’s E-Commerce Sector Amid Daunting Challenges

The Konga Group is optimistic about the fortune of Nigerian E-commerce sector despite the current challenges facing the it in the country. According to the Konga Group Chief Executive Officer, Mr Nnamdi Ekeh the overdependence on imported goods, unstable exchange rates, logistical inefficiencies, corruption, and rising insecurity are significant obstacles to the e-commerce sector. Ekeh […]

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Internet

Dangerous Malware, Grandoreiro on Rampage Stealing Banking Details, NITDA Warns

A dangerous malware, Grandoreiro is on rampage with a significant threat, using advanced techniques, including screen overlay attacks and remote device control, to steal sensitive information such as banking credentials and personal data. The National Information Technology Development Agency has alerted Nigerians about a banking malware, which targets users globally through sophisticated phishing campaigns. The […]

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News

NITDA Boss Tasks NYSC Digital Literacy Ambassadors on Essence of Achieving Mandate

The National Youth Service Corps (NYSC) members who are serving as Digital Literacy for All (DL4ALL) Initiative champions to need to double their efforts in training and sensitising Nigerians on the transformative potential of digital literacy in shaping Nigeria’s future. That has become critical as ambassadors of the National Information Technology Development Agency (NITDA) shared […]

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AI & Computing

Scarcity of AI Talents Still Looms Globally, Absence Affecting Business Growth Warns Huawei Chief

The global scarcity of Artificial Intelligence (AI) talents would continue to pose significant challenges to the development of digital economies around the world. And this scarcity was coming at a time when the demand for AI computing power was expected to exceed the demand for general computing power, according to the Terrence Wu, the Managing […]

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News

TD Africa, Huawei Forms Alliance to Empower KOMU Students

TD Africa has formed an alliance with the global ICT leader, Huawei, to establish an Information, Communication, and Technology (ICT) hub at Kingsley Ozumba Mbadiwe University (KOMU), Owerri. Speaking at the event, Vice Chancellor of KOMU, Prof. Ikechukwu Dozie, expressed optimism about the transformative impact the ICT hub would have on the university, saying it […]

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Women-In-Technology

Women in Payments Africa Expands Corporate Membership to Champion Gender Diversity in Financial Sector

EFT Corporation (EFTCorp) has proudly joined Women in Payments Africa (WIPA) as a sponsor and strategic partner, furthering its commitment to empowering women and driving gender diversity in the payments sector where female representation remains underdeveloped. By aligning with WIPA’s mission to amplify women’s voices and drive inclusion, EFTCorp aims to create a digital payments ecosystem where […]

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Business

Global Communications Body Appoints Nigeria’s Telecoms Regulator Leader as Board Director

The Executive Vice Chairman/CEO of the Nigerian Communications Commission (NCC), Dr Aminu Maida, has been appointed into the Board of Directors of the International Institute of Communications (IIC). According to IIC, Maida’s appointment follows Nigeria’s role in telecommunications and digital innovation space. The IIC is a body committed to helping Regulators, Competition Authorities and Policymakers, […]

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