Customers Applaud 9mobile’s Iska Weather Service

By Aduragbemi Omiyale The Managing Director of Payment Processing & Switching at Interswitch Purepay, Mr Akeem Lawal, has said the company will always throw its full weight behind conversations aimed at improving the payments industry. Mr Lawal said this ahead of the 2023 annual conference of the Committee of e-Business Industry Heads (CeBIH) scheduled to take place from Tuesday, December 5, 2023, to Wednesday, December 6, 2023, in Lagos. He is one of the speakers slated to attend the event with the Managing Director of Verve International, Vincent Ogbunude; and the Managing Director of Digital Infrastructure and Managed Services at

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 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 Dipo Olowookere An analysis of seat capacity for travel to the top ten international airports in Africa, produced by ForwardKeys, reveals that Lagos is seeing substantial declines in both domestic and international capacity, mainly because Arik Air is cutting 53 percent of its seats for the rest of 2017. During the coming five months, August – December 2017, there will be 16 percent fewer airline seats on domestic routes and 9 percent fewer and on international routes to and from Lagos. Commenting on this data, Jon Howell, Managing Director of AviaDev, Africa’s leading airline route development conference, said: “One

By ASHE Foundation Your Imperial Majesty, Alaafin of Oyo Oba Lamidi Adeyemi, with utmost respect, and on prostration, we are responding to your letter dated 2nd May 2019. We greatly appreciate your contribution to the public consciousness of our cultural origins, linkages and identity. We are also informed that the Ooni of Ife is also glad that the conversation is taking place to give us a true picture of our cultural origins and linkages. ASHE Foundation welcomes all scholars to contribute to this most important conversation in 500 years. We have previously stated that the discussion is about whether Ifa

By Kester Kenn Klomegah At long last, on the eve of his retirement, South African President Nelson Mandela has come to Moscow on an official visit. His goodwill trip is designed to express his gratitude to Russia for its support during the struggle against apartheid. It could also mark a strengthening of relations between countries that won freedom from communism and apartheid, respectively in the early 1990s, and have subsequently become two of the world’s most important emerging democracies. Mandela’s visit has been long planned but frequently postponed. He originally intended to visit to Russia in 1995, but had to

By Dipo Olowookere Profit taking resumed on the floor of the Nigerian Stock Exchange (NSE) on Thursday, leaving the market bleeding at the close of transactions. The local bourse ended the day’s trading by shedding 0.83 percent to reverse the gains of the previous session. While the All-Share Index (ASI) lost 341.56 points to close at 40,651.41 points, the market capitalisation reduced by N123.7 billion to settle at N14.725 trillion. Business Post reports that all sector indices closed lower yesterday with the exception of the NSEOILG5 which slightly grew by 0.01 percent. While the NSEIND lost 1.65 percent, the NSEFBT10

By Modupe Gbadeyanka In the fourth quarter of 2018, the total value of credit allocated by the banks operating in Nigeria to the capital market, finance sector as well as the insurance industry stood at N1.1 trillion. This figure was revealed by the National Bureau of Statistics (NBS) and was retrieved from the electronic payment channels in the Nigerian banking sector. According to the stats office, in the period under consideration, the total value of credit allocated to the private sector by the bank was N15.13 trillion. It further said oil and gas and manufacturing sectors got credit allocation of

By Modupe Gbadeyanka The losses posted by 23 companies trading their shares at the nation’s stock market brought back negative sentiments on Tuesday. This led to the 0.51 percent fall recorded by local bourse yesterday. It was observed that investors took advantage of the gains achieved on Monday to quickly take profit, weighing down on the market performance when transactions ended. The profit-taking pushed the All-Share Index (ASI) of the Nigerian Stock Exchange (NSE) lower yesterday by 141.98 points to settle at 27,527.40 points and the market capitalisation by N69.2 billion to close at N13.415 trillion. Like in the previous

By Dipo Olowookere Ogun State Governor, Mr Ibikunle Amosun, has approved the appointment of Mr Abayomi Oluwole Sobande as the new Head of Service (HoS) of the state. The appointment, according to a statement issued on Thursday by Secretary to the State Government (SSG), Mr Taiwo Adeoluwa, takes immediate effect. Mr Sobande’s appointment follows the retirement of the former Head of Service, Elder Abraham Olusola Adeyemi, who bowed out of service on Wednesday. The new Head of Service holds a Bachelor of Science (B.Sc) in Sociology from the University of Ibadan in 1982. Mr Sobande joined the State Civil Service

By Adedapo Adesanya  Brent Crude rose to $66 per barrel on Tuesday as major futures posted a fourth consecutive gains, banking on the US-China trade deal which has lifted prices to their highest levels in three months. It was observed that as at Tuesday night, the Brent crude was up by 80 cents or 1.22 percent to exchange at $66.14 per barrel, while the WTI crude rose by 72 Cents or 1.2 percent to close to $60.93 per barrel. The market’s bullish outcome shows a positive response to the trade agreement between the United States and China. Business Post had