9mobile to Soon Announce Buyer from 5 Top Bidders

By Adedapo Adesanya Leading global provider of technological solutions YNV Group, through its cybersecurity brand, Cytek, has advocated that stakeholders in the financial services sector prioritise cybersecurity and highlighted key strategies for resilience at a recently hosted webinar for the industry. The session which was held on November 22, was themed Ensuring Cybersecurity Resilience in Financial Services Companies in Nigeria, and served as a pivotal platform for fostering collaboration and knowledge exchange in the sector. Led by cybersecurity experts in the industry, the webinar analysed some of the pressing challenges and emerging threats faced by financial services companies in Nigeria while

By Adedapo Adesanya The Minister of Communications, Innovation, and Digital Economy, Mr Bosun Tijani, has revealed that plans to onboard three million tech talents in Nigeria will be done in phases, starting with the training of 30,000 persons in the next three months. Appearing as one of the lead guests at Moonshoot by TechCabal, a two-day event organised by the tech publication in Lagos on Wednesday, he said his ministry would apply a 1-10-100 model, which by definition is a three-phase model. “We are using a 1-10-100-model. We are starting with 1 per cent of our 3 million target, and

By Precious Olisa A Cameroon-based company, Koree, has emerged as the winner of the 2023 edition of the Ecobank Fintech Challenge, going home with a prize of $50,000. The firm was announced as the winner of the contest by the panel of judges during the competition’s grand finale at the bank’s headquarters at the Pan African Centre in Lomé, Togo. The organisations made it to the final from an initial pool of over 1,400 fintechs from 64 countries, underscoring the significant growth in popularity of the competition since its inception six years ago, as well as the wealth of innovation

By Adedapo Adesanya Nigeria plans to increase the net contribution of the telecommunications sector to the gross domestic product (GDP) by 22 per cent by the end of 2027. This is part of efforts announced by the Minister of Communications, Innovation and Digital Economy, Mr Bosun Tijani, in the ministry’s 31-page Strategic Blueprint document titled Accelerating our Collective Prosperity through Technical Efficiency, seen by Business Post. In the document, the ministry noted that “As telecommunications continues to evolve in line with new technology and associated opportunities, it is critical to revamp our national approach to account for changing imperatives and

By Modupe Gbadeyanka Some senior civil servants from Lagos and Ogun States recently took a course on economic capacity development and competitiveness strategy at the Lagos Business School (LBS) Pan-Atlantic University campus, Lekki-Epe Expressway, Lagos. The course, which was held from March 16 to 18 and themed Enhancing Economic Competitiveness, was sponsored by a leading Nigerian real estate group Palton Morgan with the intention to boost the effectiveness of public sector stakeholders. The beneficiaries were exposed to global best practices on institutional collaborations, Public-Private Partnership (PPP) dynamics, sustainable competitive advantages and cluster participation mechanisms for inclusive national growth. The well-attended

By Dipo Olowookere The Federal Government says it has now released enough funds to start the serving of one hot meal a day to more than one million primary school pupils across seven States in the country, under the National Homegrown School Feeding Programme. This disclosure was made on Monday morning by Mr Laolu Akande, Senior Special Assistant on Media & Publicity to the President, Office of the Vice President, while giving a media update on the Social Investment Programme of the Buhari administration. He said specifically, a total sum of N844,360,550 has so far been released for the commencement

By Adedapo Adesanya Oil prices went south on Thursday after China announced it would release oil from its strategic reserves just as there were smaller than expected crude inventories in the United States. China’s state reserves administration said yesterday that the crude reserves would be released to the market via public auction to ease the pressure of high feedstock costs on domestic refiners, in a move that was described as a first. The release from the reserves came as Chinese majors had to replace supplies they had bought for September and October loadings from Shell in the U.S. Gulf of

By Dipo Olowookere Chief Executive Officer of Nigeria’s 9mobile, Mr Boye Olusanya, has assured that the acquisition of the telecom firm would be finalised “as soon as possible.” Mr Olusanya gave this assurance in a statement he personally signed and was made available to Business Post on Thursday. 9mobile, formerly Etisalat Nigeria, was plunged into debt by its former owners, leading to a consortium of Nigerian banks attempting to take over the company. However, prompt intervention of the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) prevented this from happening so as not to send the wrong

When it comes to casino online Singapore bonuses, there are many different types. Each one has its own rules and restrictions. However, they all have the potential to increase your odds of winning. There are a number of top online casinos that accept Singapore players. Some offer a generous welcome bonus, while others have a loyalty program and a variety of games from reputable software providers. No Deposit Bonus Singapore online casinos offer a variety of no-deposit bonuses to their players. These bonuses can range from free spins to cashback and are a great way to try out a casino

By Dipo Olowookere Commercial banks operating in Nigeria have sent messages to their customers, informing them of the latest fee being charged for completing a financial transaction via the Unstructured Supplementary Service Data (USSD) codes. In order to deepen financial inclusion in the country, financial institutions deployed technology by working together with telecommunications firms to enable the use of codes to execute banking services. However, due to issues surrounding how to share the charges, the telcos disrupted the operations and it took the prompt inventions of the banking and telecoms regulators to restore the services. The Nigerian Communications Commission (NCC)

By Modupe Gbadeyanka Flight operations of Turkish Airlines into Nigeria have been suspended by the Nigeria Civil Aviation Authority (NCAA) till further notice. The agency, in a letter with reference number NCAA/ DG/12/16/60, said the company can resume duties until it acquires the right size of aircraft that would comfortably airlift both passengers and their luggage. Turkish Airlines got into trouble with the Nigerian authorities as a result of cases of missing luggage of its passengers. It was gathered that most times, the company does not airlift both passengers and their belongings at the same time because of the small

By Adedapo Adesanya Drama ensued at the Annual General Meeting (AGM) of the Nigerian Bar Association (NBA) on Thursday when some national officers of the group accused the NBA President, Mr Yakubu Maikyau (SAN), of not carrying them along with his decisions. In a trending video on social media, the National Treasurer of the association, Mrs Caroline Anze-Bishop, disowned the financial statements presented at the meeting, saying it was prepared without her input. Mrs Anze-Bishop refused to adopt the financial report, saying she respects the bar too much to sign off on unknown accounts. In her words, “I was not