The National Information Technology Development Agency (NITDA) on Wednesday, said the global market for blockchain technology was expected to grow over $39billion by 2025. Director-General of NITDA, Mallam Kashifu Inuwa, said this at the Blockchain Summit Day at the ongoing Digital Nigeria Conference and Exhibition organised by the agency...
BUSINESS
By JOY ADARA, Abuja – The Federal Inland Revenue Service (FIRS) has stated that it has commenced the deduction of taxes at transaction points from Online Gaming Transactions using the Sentinal National Payment Gateway and Electronic Solution. In a Public Notice signed by its Executive Chairman, Muhammad Nami, the...
Parallex Bank Ltd., has won the “Excellence in Agency Banking Award,” at the 2022 Finnovex West Africa Awards and Summit. The bank bagged the award at the Finnovex West Africa Awards, organised by Exibex, a United Arab Emirates-based event management company, at Eko Hotels, Lagos, on Tuesday night. The...
By OLA MUDOPE, Lagos – Polaris Bank is giving away millions of Naira in cash prices and other special rewards in its ongoing Save & Win promo. Over 4300 Nigerians will win varying cash prizes ranging from N25,000 to N1 million in the promotion. Below are four basic steps...
The Islamic Development Bank (IsDB) will continue to engage Nigeria on its strategic priorities areas such as economic and social infrastructure, the President of the bank, Dr Muhammad Aljasseer has said. Aljaseer made this known while briefing newsmen while visiting project sites in Kano State on Tuesday. The president,...
Airtel Nigeria, a leading telecommunications services provider, has announced a partnership with Microsoft and tech and solutions distribution giant, TD African to unveil Smartbox office internet bundles. Airtel’s Director, Business, Ogo Ofomata, said in a statement in Lagos that the partnership was exclusively designed to empower and improve Nigeria’s...
The Central Bank of Nigeria (CBN) said on Tuesday in Lagos that it would take decisive steps to ensure that Nigeria operated a 100 per cent cashless economy. Mr Godwin Emefiele, CBN Governor, made the assertion at the first year anniversary of the Central Bank Digital Currency, the eNaira....
By CALLISTUS OFFOR, Abuja – The Nigerian Communications Commission (NCC) at the weekend in Lagos, received a cybersecurity promotion award at the maiden edition of Cybersecurity Merit Awards hosted by the Cybersecurity Experts Association of Nigerian (CSEAN) which enumerated several steps taken by it to promote a safer Internet....
By CALLISTUS OFFOR, Abuja – The Nigerian Communications Commission (NCC) has put up another two slots of spectrum in the 3.5GHz Spectrum band for auction before end of 2022, to boost deployment of Fifth Generation (5G) services in Nigeria. The NCC Director of Public Affairs, Reuben Muoka, announced this...
By OLA MUDOPE, Lagos – The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo and his Science and Technology counterpart, Dr Adeleke Mamora, are to play key roles at the Nigeria-Canada Trade and Investment Business Forum in Ottawa, Canada, in January 2023. The Communication Director of Affinity Global...
Mobile messenger service WhatsApp experienced widespread technical disruptions on Tuesday. Users of the service in many countries reported on Twitter and other channels that they could no longer send messages. Nigerians and other users of the instant communication app, owned by Meta, had reported that they were unable to...
By Ola MODUPE, Lagos – Access Bank is rewarding its loyal customers with cash rewards and other reward items up to N1 billion for funding, transacting, maintaining, and increasing their deposits from October 2022 to November 2023 through the Access Winfest campaign. The essence of this campaign is to...
Speaker of the House of Representatives, Rep. Femi Gbajabiamila said in Abuja on Monday that Nigeria would enforce its Bilateral Aviation Safety Agreement (BASA) BASA is an agreement that provides for civil aviation certifications to be shared between two countries. Gbajabiamila made the declaration at a roundtable with aviation...
The African Development Bank (AfDB) says it is providing US$ 210 million for the development of the Special Agro-Industrial Processing Zones (SAPZ) programme in Nigeria. AfDB’s President, Akinwumi Adesina, disclosed this in his virtual address at the inauguration of SAPZ programme on Monday in Abuja. SAPZ programme, inaugurated by...
Prof. Isa Pantami, Minister of Communications and Digital Economy, said it contributed up to 594 per cent to the country’s Gross Domestic Product.(GDP) Pantami said this on Monday at a news conference in Abuja to mark the third Digital Nigeria Day (DND) annually obseved on Oct. 24 across the...
Investment Spotify, an online streaming platform, says it has invested 100,000 dollars into the new Africa Podcast fund initiative to support careers of up-and-coming podcasters across the continent. Jocelyne Muhutu-Remy, Spotify’s Managing Director, Sub-Saharan Africa, disclosed this in a statement on Monday in Lagos. Muhutu-Remy said that Spotify had demonstrated...
Executive Vice Chairman(EVC) of Nigerian Communications Commission(NCC), Prof. Umar Danbatta said technology-driven telecommunications industry has contributed $70 billion to Nigeria’s economy. Danbatta said that the industry had provided over 500,000 jobs in the public and private sectors and improved the lives of millions of Nigerians. He made this disclosure...
The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) has urged the new owners of Polaris Bank to ensure that the jobs of the existing staff are secured. The union made the call in a statement signed by its Secretary General, Mr Sheikh Muhammed, on Sunday, following...
A cross section of online shoppers in Abuja have expressed dissatisfaction with the poor quality of goods. The online customers told the News Agency of Nigeria (NAN) in separate interviews on Sunday that they are often disappointed to see that the goods they ordered are far better in quality...
Polaris Bank has appointed a new independent Board of Directors to lead the bank’s growth strategy. Alhaji Muhammad Ahmad, Chairman Polaris Board, said in a statement in Lagos. The statement said that the board would have six non-executive directors and three executive directors. The new board and management include:...