Data obtained from the FMDQ show that the market opened on Tuesday with the dollar trading at N416.04/$, representing 0.04 percent gain compared with N416.19 opened on Monday. The Nigerian Sovereign Investment Authority (NSIA) has drawn its maiden NSIA Prize for Innovation Programme (NIP) to an end with three startups winning big after a successful …
Africa has some of the world’s most significant, yet, untapped resources such as solar, hydraulic and geothermal energy. While some of these resources are scattered across the continent, most are found in huge deposits around the Northern, Southern and Eastern regions. According to comments by Makhtar Diop, Managing Director, IFC, in the recently concluded Africa …
Flutterwave, an African payments technology company has announced its Five-Year Strategic Technology Agreement with Microsoft to build its next-generation platform on Microsoft Azure, powering payments infrastructure across the African continent and beyond. This agreement, according to the company, reflects its commitment to give businesses and individuals access to global-grade services across all of Africa and …
Africa has some of the world’s most significant, yet, untapped resources such as solar, hydraulic and geothermal energy. While some of these resources are scattered across the continent, most are found in huge deposits around the Northern, Southern and Eastern regions. According to comments by Makhtar Diop, Managing Director, IFC, in the recently concluded Africa …
In a bid to fast-track business-to-business transactions and eliminate the age-long tradition of manual business processes, an artificial intelligence (AI) invoice processing/ payment is been introduced. Samson Aligba, founder of Hyphen, has said that the introduction of Zero-Touch Invoice Processing was the biggest ease-of-doing-business innovation of this era as it offers several transformative benefits for …
The agreement also sees IHS Towers provide Power-as-a-Service (PaaS) to MTN at approximately 12,800 sites across South Africa. MTN, which holds about 85.2 million (26 percent) of IHS Towers, one of the largest providers of telecommunications infrastructure in Africa, Latin America, and the Middle East, has called for an extraordinary board meeting, to find solutions …
Umar Danbatta, Executive vice-chairman of the Nigerian Communications Commission Umar Danbatta, the executive vice chairman (EVC) of the Nigerian Communication Commission ( NCC) said the commission is having deep engagement with Starlink to reduce the cost of its service in the country. The EVC who made this statement at the ongoing Industry Consumer Advisory Forum …
It’s 2016 all over again in Nigeria. Africa’s biggest economy is once again torn between achieving low-interest rates or attracting foreign inflows to support the naira in a battle that could make or mar its latest currency reform. New president Bola Tinubu has set out to reduce interest rates which he deems to be too …
Africa has some of the world’s most significant, yet, untapped resources such as solar, hydraulic and geothermal energy. While some of these resources are scattered across the continent, most are found in huge deposits around the Northern, Southern and Eastern regions. According to comments by Makhtar Diop, Managing Director, IFC, in the recently concluded Africa …
This is a call for policymakers in different institutions, cybersecurity experts, chief information officers, and artificial intelligence (AI) researchers to establish a collaborative community that addresses the growing concerns of cybercrimes in organisations. Kingsley Osaghale, country manager of West Africa, Checkpoint said this at the Signal Alliance Consulting event on July 21, 2023. He was …