MultiChoice Develops Integrated Payment Platform

By Dipo Olowookere Profit-taking persisted on the floor of the Nigerian Exchange (NGX) Limited, as investors refused to tone down their profit-taking activities. It was observed that the market is gradually entering panic mode due to macroeconomic instability in the country, especially with the exchange rate of the Naira to the Dollar going above N1,000 in the parallel market. A stockbroker with one of the leading brokerage firms in the country, who asked not to be named, said the local bourse was witnessing panic selling due to investors liquidating their shares for Dollars. “This trend will continue for a while

Traders Union (TU) experts know that every investor has their own special way of investing that sets them apart from the rest. A famous investor, Carl Icahn, is one of those exceptional figures who did things differently and achieved a lot. Understanding what he did and how he did it can be really helpful for new traders. It’s like having a practical guide that can turn a beginner into a pro trader quickly. Discover Carl Icahn trading strategy by reading on. Biography of Carl Icahn Born on February 16, 1936, in Far Rockaway, Queens, New York, Carl Icahn grew up

By Modupe Gbadeyanka Nigeria’s business activity improved in September despite cost pressures limiting demand, according to the latest Purchasing Managers’ Index (PMI) released by Stanbic IBTC Bank Plc. The lender said in the period under review, the private sector had a reading of 51.1 points compared with the 50.2 points achieved in August 2023. It was the rise in business activity in the country was influenced by the growth in order, though the rates of expansion in each were only modest. New orders increased for the sixth month running in September as some firms signalled an improvement in demand. While

For maritime businesses, the stakes are high, and the seas can be unpredictable. Whether you own a shipping fleet, operate a fishing company, or oversee marine logistics, safeguarding your assets with the right marine insurance is prudent. It’s also essential for the sustainability of your enterprise. Here are some tips for how to find the best marine insurance provider. By following these strategic steps, you can ensure your business remains afloat, even in the face of unforeseen challenges. 1. Assess Your Maritime Needs The first crucial step towards securing the ideal marine insurance provider is a comprehensive assessment of your

By EmmyPet The process for 2017 change of institutions and other correction has started but a lot of people do not know how to go about it. I am going to share my experience at the JAMB office in Ikoyi with you, where I went to do my correction of data. Upon arrival at the JAMB office in Lagos, I was shocked to see a lot of people also there for the same purpose. As I entered, I heard a lady telling students to proceed with bank payment because the online payment system was down. She also pointed out that

By Modupe Gbadeyanka Lawmakers of the Lagos State House of Assembly have taken a big step to remove Governor Akinwunmi Ambode from office. The legislative arm of government in the state is accusing the head of the executive arm of gross misconduct. At the plenary today, the parliament claimed Mr Ambode has not been carrying out his duties as stipulated by the laws of the land. As a result, they are moving to impeach him from the exalted position. Mr Ambode incurred the wrath of his ruling All Progressives Congress (APC) when he initially resisted moves by his party to

By Modupe Gbadeyanka A framework for the use of the Quick Response (QR) code for payments in the country has been released by the Central Bank of Nigeria (CBN). QR codes are matrix barcode with information presented as black square grids that can be scanned by an imaging device, processed and transmitted by appropriate technology. The technology enables the mobile channel to facilitate payments and presents another veritable avenue for promoting electronic payments for micro and small enterprises. According to the CBN, the QR codes can be used to present, capture and transmit payments information across payments infrastructure. In order

In order to support economic growth in Africa and India, Stanford University, through its Stanford Graduate School of Business (GSB), will offer training to entrepreneurs from the two regions. The higher institution is offering its a one-year certificate program called Stanford Seed, which is designed exclusively for busy business owners and CEOs, providing management training, one-on-one support, and networking opportunities to growth-minded business leaders. The Stanford Graduate School of Business (GSB) operates in East Africa, Southern Africa, West Africa, and India. One of the past participants, Mr Frank Omondi, who is a wildlife biologist turned entrepreneur, said his desire to

By Modupe Gbadeyanka The immediate former Force Public Relations Officer, Mr Frank Mba, has been redeployed by the Inspector General of Police (IGP), Mr Usman Alkali Baba, along with six other Commissioners of Police (CPs). A statement issued on Saturday by the spokesman of the police, Mr Olumuyiwa Adejobi, disclosed that Mr Mba is now the CP for Border Patrol Force in Abuja. The police officer left the post after he was nominated for the Senior Executive Course at the National Institute, between February and December 2022, holds a Masters’ Degree in Law and was enlisted into the security agency

By Aduragbemi Omiyale A technology firm, Zoho Corporation, has launched 13 generative AI Zoho application extensions and integrations powered by ChatGPT. According to the Country Manager for Zoho Nigeria, Mr Kehinde Ogundare, “The fusion of ChatGPT’s generative AI with our homegrown AI features will provide users with a more intuitive, efficient, and secure experience, reflecting Zoho’s deep R&D-first culture.” The idea behind this, according to the company, is to deliver superior customer experience and value while ensuring the highest level of customer privacy and security. Over a decade, Zoho has been executing and implementing AI (Zia) across its product portfolio,

By Dipo Olowookere One of the Fast Moving Consumer Goods (FMCG) companies operating in the country, Cadbury Nigeria Plc, has recorded a significant drop in its profit for the first three months of 2018. The firm, which released its financial statements on Thursday, posted a 76.3 percent decline in its profit after tax, which closed at N22 million as at March 31, 2018 in contrast to N93 million as at March 31, 2017. Also, the profit before tax went down by 67.2 percent to N31.5 million in Q1 2018 against N95.8 million in Q1 2017. However, the revenue appreciated during