AB InBev Offers $100k Grant for 2022 100+ Accelerator Program

By Bliss Okperan The early morning fire that gutted a part of the Supreme Court complex in Abuja has been blamed on an electrical malfunction. The Director of Information of the apex court, Mr Festus Akande, said this on Monday morning when he appeared on Arise Television’s breakfast programme, The Morning Show. According to him, preliminary investigation showed that the fire was triggered by an electrical fault, playing down rumours that the Supreme Court was attacked by arsonists. Attention is on the apex court over the outcome of the presidential election held on Saturday, February 15, 2023. The Appeal Court

By Aduragbemi Omiyale An artificial intelligence-powered feature, Dream Screen for Shorts, designed to redefine how creators use YouTube, has been unveiled by the video streaming platform. The feature was introduced by the tech giant on Thursday alongside others at the Made On YouTube event. It was created to allow YouTube creators to reach more viewers. According to the firm, Dream Screen allows creators to add AI-generated video or image backgrounds to their Shorts simply by typing an idea into a prompt. With Dream Screen, creators will be able to generate new, fantastic settings for their Shorts that are only limited

By Adedapo Adesanya The Nigerian Maritime Administration and Safety Agency (NIMASA) has been chosen as the best federal government agency in Digital Transformation. This recognition came from the Presidency through the Bureau of Public Service Reforms (BPSR). In a statement, it was disclosed that the Director-General of the maritime regulator, Mr Bashir Jamoh, has been nominated to receive the distinguished GovTech Trailblazers Award for his exemplary leadership. The BPSR explained that the nominees were picked from a nationwide nomination and online voting process initiated by the bureau, as well as a detailed analysis of the performance of all government MDAs

By Dipo Olowookere A frontline socio-political pressure group known as Enugu Youths Coalition has advised former Chairman of House of Representatives Committee on Aviation, Mr KGB Oguakwa, to respect the existing zoning arrangement in the state as it moves closer to the 2019 governorship election in the state. The group made this appeal in a statement signed by the National Coordinator of Enugu Youths Coalition, Mr Edwin Obune, in reaction to news report on the confirmed governorship ambition of the former lawmaker. The coalition noted that Mr Oguakwa, who hails from Oji-River Local Government Area of the state, which is

By Aduragbemi Omiyale For the fifth consecutive year, Interswitch has received the ISO 22301 recertification for Business Continuity Management (BCM) after a rigorous surveillance audit process. A leading provider of audit and certification services in the field of information security and privacy, MSECB, served in the capacity of auditors for the certification process. The certification process involved rigorous audits and evaluations of Interswitch’s business processes, contingency plans, and disaster recovery capabilities. In a statement, Interswitch enthused that maintaining the ISO 22301 certification is a testament to its comprehensive approach to risk assessment, mitigation, and recovery planning. The achievement of the

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has disclosed that it will retain the minimum loan-to-deposit ratio (LDR) for commercial and merchant banks in the country at 65 percent. However, it emphasised that there could be further alterations in the LDR as it deems appropriate, noting that would continue to monitor compliance and review market developments. The banking sector watchdog in Nigeria said in a statement by its Director of Banking Supervision, Mr Ahmad Abdullahi, on Tuesday that the policy has helped boost lending to the real sector of the economy, which had before now been starved of

By Adedapo Adesanya The United Nations (UN) has called on the military juntas in the three West African nations of Burkina Faso, Guinea and Mali to hand power back to civilians as soon as possible. The UN Secretary-General, Mr Antonio Guterres, made the call after meeting Senegalese President, Mr Macky Sall, in Dakar on Sunday. He said they had agreed on the need to keep talking to the de facto authorities in all three countries to restore democracy in the country and swiftly return to “constitutional order”. All three countries, struggling with a jihadist insurgency in the Sahel region and

By Modupe Gbadeyanka Nigeria’s fourth largest telecommunications company, 9mobile, formerly known as Etisalat Nigeria, has reacted to news of the exit of Mr Adrian Wood, from Teleology Holdings Limited, the new owners of the telco. Yesterday, news went viral that Mr Wood has been pushed out of the company few months after his firm was announced as the preferred bidder of debt-ridden 9mobile. In a statement signed by the Director of Regulatory and Corporate Affairs at 9mobile, Oluseyi Osunsedo, which was made available to Business Post on Wednesday night, it was disclosed that Mr Wood “allowed the same avarice, rascality,

By Dipo Olowookere Four persons have been arrested in Ondo, Edo and Osun States for selling leaked WASSCE May/June, 2018 Examination questions to candidates writing the examination. The suspects, accused of retailing the exam questions on websites and whatsapps platforms, were apprehended by operatives of Rapid Response Squad (RSS). According to the security operatives who napped them, the suspects are Samuel Kayode, 28-year-old from Ondo State; Adebayo Ifeoluwa, 17-year-old from Osun State; Alayande Ahmed; and Elusode Festus, 20 years from Edo State. They were all arrested in their respective states. Samuel Kayode, a part time teacher in two secondary schools

Foreign exchange, or forex, the market is one of the most exciting and potentially lucrative markets in the world. With a daily turnover of trillions of dollars, it offers investors from all over the world an opportunity to make huge profits. However, for those looking to invest in Africa’s forex market, there are some risks that must be considered before taking the plunge. This article will discuss what these risks are and how they can be managed so that you can make informed decisions about investing in African forex trading. We will also look at why this particular market has

By Adedapo Adesanya FrieslandCampina WAMCO Nigeria Plc was the hero that pushed the National Association of Securities Dealer (NASD) Over-the-Counter (OTC) Securities Exchange into the bullish region on Thursday, July 28 after the market ended in a stalemate the day before. The stock raised the market by 0.86 per cent, with the total value of securities on the trading platform expanding by N9.73 billion into N1.030  trillion from N1.021 trillion as the NASD Unlisted Securities Index (NSI) went up by 6.64 points to wrap the session at 782.44 points compared with 775.80 points in the previous session. On Thursday, the