vincent-olatunji-joins-forbes-technology-council-2023

Vincent Olatunji joins Forbes Technology Council 2023

Vincent Olatunji, National Commissioner of the Nigeria Data Protection Bureau (NDPB) has been appointed to Forbes Technology Council for 2023. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs, and Technology Executives. Scott Gerber, Forbes Councils’ founder said they are really excited to welcome Olatunji to the Council. He added that their mission …

shareit-update-features-to-improve-user-experience

SHAREit update features to improve user experience

SHAREit, a global content streaming and file sharing service, has been upgraded to improve mobile experience for smartphone users by adding additional features. The additional features of the app include Phone Cleaner, Phone Booster, Battery Saver, File Manager, and Game Resource Files Transfer, targeted to provide an optimised smartphone experience to the users. A statement …

yam,-rice,-garri-prices-surge-by-200%-under-emefiele

Yam, rice, garri prices surge by 200% under Emefiele

Despite the disbursement of N1.09 trillion in eight years by the Central Bank of Nigeria (CBN) to boost staple foods production in the country, the average prices of yam, rice, and garri have risen the most during the period, according to data from the National Bureau of Statistics (NBS). Prices of the three products have …

consumer-goods-firms-grapple-income-tax-amid-fx,-liquidity-crunch

Consumer goods firms grapple income tax amid FX, liquidity crunch

Nigeria’s biggest consumer goods firms paid N33.92 billion in income tax in the first three months of 2023 despite facing acute foreign exchange and rising liquidity challenges. Data gleaned from the Nigerian Exchange Group showed consumer goods firms paid the sum of N33.92 billion as income tax in the first quarter of 2023, a three …

nigeria’s-small-businesses-feel-squeeze-after-petrol-subsidy-scrapped

Nigeria’s small businesses feel squeeze after petrol subsidy scrapped

In a small factory in Nigeria’s northern Kano city, Muhammad Khamis Umar stares at stacks of plastic products that have not been sold for over a week since new President Bola Tinubu scrapped a fuel subsidy, sharply driving up the cost of petrol. Most of Umar’s customers came from across Nigeria’s northern states to buy …

kano,-lagos-lead-states-with-highest-nin-registration

Kano, Lagos lead states with highest NIN registration

Kano, Lagos, Kaduna, and three others emerged as states with the highest National Identity Numbers (NIN) registration in Nigeria in 2021. This is contained in a recent National Identity Management Commission (NIMC) report covering the period of 2019-2021, released by the National Bureau of Statistics (NBS). In 2021, the total number of NIN registration reported …

employee-health-insurance-critical-for-job-retention-in-nigeria-–-study

Employee Health Insurance critical for job retention in Nigeria – study

The availability of health insurance can contribute to improved job retention and overall workforce stability, a recent study carried out by Tech cabal in collaboration with WhirlSpot Media and WellaHealth has shown. The study underscores the significance of health insurance in the Nigerian context and how it influences job retention for employees and employers as …

search-for-vr-hits-300%-after-apple’s-vision-pro-unveiling

Search for VR hits 300% after Apple’s Vision Pro unveiling

After Apple unveiled its pricey metaverse headset, Vision Pro, the search for virtual reality (‘VR’), ‘mixed reality’ and ‘augmented reality’ soared 300 percent, 1,130 percent, and 545 percent. Latest findings from digital-adoption.com. According to Apple, the Vision Pro is a spatial computer that seamlessly blends digital content into the physical world while allowing users to …

nigeria-eurobonds-jump-as-emefiele-ouster-marks-end-to-multiple-fx-rates

Nigeria Eurobonds jump as Emefiele ouster marks end to multiple FX rates

Nigerian Eurobonds jumped on Monday as foreign investors interpreted the suspension of central bank governor Godwin Emefiele as the end of the country’s multiple exchange rate practice. The Eurobonds rose as much as 2.6 cents on a dollar, the most since late January, according to data from Bloomberg. Longer-dated maturities saw the biggest gains, with …

markets-set-to-open-positively-on-emefiele’s-sack,-hopes-of-speedy-monetary-reform-in-nigeria

Markets set to open positively on Emefiele’s sack, hopes of speedy monetary reform in Nigeria

Markets are likely to respond positively to the weekend ouster of Nigeria’s central bank governor, which will allow the country’s new president to better pursue his promise of resetting monetary policy that’s been blamed for crippling Africa’s biggest economy. Godwin Emefiele was suspended by President Bola Tinubu after financial markets closed on Friday, and detained …

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