FG to Train 30,000 Nigerian Tech Talents in Three Months

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 Olumide Balogun In the bustling markets of Lagos, a remarkable transformation is underway. A local logistics company, once struggling with efficiency, has now streamlined its entire operation using AI-driven solutions. This is a glimpse into the broader canvas of Africa where Artificial Intelligence (AI) is rapidly becoming a cornerstone for business innovation. Across the continent, from the tech hubs of Nairobi to the vibrant streets of Accra, AI is no longer a distant concept but a present-day tool reshaping the way businesses operate and grow. Enterprises of all sizes are tapping into AI to enhance their processes, improve customer

By Adedapo Adesanya A new research from global payments giant, Visa, done across 17 countries in Central and Eastern Europe, the Middle East and Africa (CEMEA) has revealed a disconnect between consumers’ confidence in recognising fraud and their online behaviour, highlighting the importance of staying alert and mindful of fraud attempts. The study forms Visa’s Stay Secure Campaign, focused on raising consumer awareness, strengthening education, and building confidence to combat social engineering threats. Despite more than half of consumers (56 per cent) claiming to be savvy enough to sidestep online and phone scams, it was found that 90 per cent

By Modupe Gbadeyanka On Wednesday, October 11, 2023, stakeholders within the telecoms and ICT ecosystem gathered at Fraser Suites in Abuja to discuss Modernization and Digitization, the theme of an event organised by Airtel Nigeria. The Director of Airtel Business at Airtel Africa Plc, Mr Luc Serviant, while addressing the participants, emphasised the company’s commitment to fostering collaboration and partnerships that drive progress and innovation. He highlighted Airtel Nigeria’s dedication to endowing the public sector through cutting-edge technologies, enabling transformative change on a national scale. “At Airtel, we are happy to discuss connectivity, innovation & technology, digital pillars, cloud security,

One of Nigeria’s foremost financial institutions, Union Bank, recently launched full-service ultra-modern branches in Ekwulobia and Amawbia, Anambra state. The branches were opened as part of the bank’s continued efforts to provide its customers with simpler and smarter banking services. The locations of the new branches take into consideration banking convenience for residents and businesses in these communities. Speaking at the launch, Chief Executive Officer of Union Bank, Mr Emeka Emuwa, said the branches would give the bank’s customers increased access to a reliable and efficient banking experience and actively promote financial inclusion within the community. “We are delighted at

By Investors Hub European stocks have succumbed to heavy selling pressure on Monday, with shares of travel and leisure companies pacing the decliners after the World Health Organization said Europe has become the epicenter of the coronavirus pandemic. The number of fatalities in Italy shot up by 368 to 1,809 more than half of all the fatal cases recorded outside China. Germany is planning partial border closures, while the French government is considering putting Paris into full lockdown. Austria banned gatherings of more than five people. The Netherlands ordered its weed-selling coffee shops to shut down. Spain has imposed a

By Reuben Abati What a relief! So, the Big Brother Naija reality television programme is finally over. It ended Sunday evening with 23-year old Efe Michael Ejemba, University of Jos graduate of Economics and singer winning the N25 million + SUV at stake, with 57.6 percent of the votes from over 24 million voters across Africa. Warri, where Efe’s family lives, erupted in excitement. At the Multichoice viewing centre in Ikeja, Lagos, where Katung Aduwak took charge so brilliantly, there was a similar eruption of incandescent joy. I was relieved because for about 70 days, the Big Brother Naija show

By Investors Hub The major U.S. index futures are pointing to a roughly flat opening on Wednesday following the sharp pullback seen in the previous session. Geopolitical uncertainty may keep some traders on the sidelines after North Korea threatened to cancel an historic meeting between leader Kim Jong Un and President Donald Trump. In a statement published by the state-run Korean Central News Agency, North Korean First Vice Minister of Foreign Affairs Kim Kye Gwan suggested that Trump must accept the reclusive communist country as a nuclear power. ?If the U.S. is trying to drive us into a corner to

By Modupe Gbadeyanka In the month of January 2020, top 10 stockbrokers licenced to operate in the Nigerian capital market were responsible for 49.15 percent (8.3 billion units) of the total volume of shares transacted in the month and 58.83 percent of the total value (N138.1 billion). By volume, Mainstreet Bank Securities Limited contributed the highest with 8.38 percent, trading 1.4 billion units of stocks, while Cardinalstone Securities followed with 6.16 percent after transacting 1.0 billion units. Coronation Securities traded 852.0 million shares (5.05 percent), CSL Stokebrokers transacted 794.5 million shares (4.71 percent), Morgan Capital Securities 792.3 million stocks (4.69

By Adedapo Adesanya The federal government has been criticised by the Socio-Economic Rights and Accountability Project (SERAP) for threatening to close broadcast stations. This development comes after the National Broadcasting Commission (NBC) said it would shut down broadcast stations found culpable of using their platforms to undermine the peaceful coexistence of Nigeria. Following a meeting between NBC’s Director-General, Mr Balarabe Ilelahand, a host of broadcast stations on the coverage of the February 25 presidential and National Assembly elections, the commission said it would not hesitate to revoke the license of broadcasters threatening the peace of the country. It also warned

By Adedapo Adesanya Delta State has said the development of a blue economy in Nigeria will attract huge investment to the state in the areas of seaports, tourism, rail and road development, airport, agriculture, oil and gas, housing, among others. This is ahead of the Nigeria Blue Economy Stakeholders Conference in Lagos between January 25 and 27, 2022. The event is organized by Alfe City Institution and will bring together the primary stakeholders of a prospective Nigerian Blue Economy, including the nine littoral states, the Ministries and agencies that would be involved in the management of the new sector. Confirming

By Adedapo Adesanya Apple announced its four-model iPhone 12 line up on Tuesday, October 13, bringing back the iPhone’s design since 2017’s iPhone X, which introduced face unlocking and better screen technology. The newly designed iPhone 12 models feature expansive edge-to-edge Super Retina XDR displays for a brighter, more immersive viewing experience, and a new Ceramic Shield front cover, providing the biggest jump in durability ever on iPhone. In addition to more models, the phone came with 5G wireless support. 5G on iPhone boasts improved speeds for faster downloads and uploads, higher quality video streaming, more responsive gaming, real-time interactivity