Google to Train 5,000 Kaduna Women, Girls in Digital Skills

By Aduragbemi Omiyale Young Nigerians living in Abuja who intend to deepen their knowledge in digital education now have a place to go, GoMyCode’s hackerspace. The facility would be used to train and transforms participants into skilled professionals, ready to navigate the digital age. It is the fifth hackerspace the company is establishing in Nigeria, solidifying its footprint in the country. Similar facilities are already in Yaba, Ikeja, Festac and Lekki, all in Lagos. The transformative mission of GoMyCode’s is to democratise tech education and empower thousands of students in the country, equipping them with critical digital skills to support

By Adedapo Adesanya X, formerly known as Twitter, has announced plans to introduce voice and video calls to the platform. This is the latest move by the billionaire owner, Mr Elon Musk, to turn his app into what he calls an “everything app” modelled after China’s super app, WeChat. These features, when introduced, would place X in direct competition with WhatsApp, Telegram, and other social media apps offering the same services. Making its features unique, Mr Musk said users would not need phone numbers to make calls on X. According to the Twitter owner, the features would work on different

By Modupe Gbadeyanka As part of efforts to meet the target of equipping one million technical talents with the requisite knowledge to excel in the industry, Moniepoint has sponsored the training of the pioneer cohort of the HatchDev programme. The HatchDev initiative is the brainchild of Nithub University of Lagos, designed to produce hundreds of market-ready software engineers every year. The scheme, which runs for nine months and started in October 2022, aspires to shape 300 junior software engineers, 100 intelligent systems developers, and 100 IoT/embedded systems engineers. The first beneficiaries have been trained to be readily absorbed into a

By Modupe Gbadeyanka Three leading makers of 5G-enabled smartphones, Samsung, Tecno, and Infinix, will work with Airtel Nigeria to drive the adoption of the latest technology in the telecommunications industry. The GSM network provider has partnered with the companies as part of its commitment to enhance innovation, improve customer experience, and drive the adoption of 5G technology to transform various aspects of customers’ daily activities. According to the Chief Commercial Officer of Airtel Nigeria, Mr Femi Oshinlaja, the strategic partnership is not only to increase access to the latest technological advancements but also to encourage consumers to take advantage of

By Dipo Olowookere Activities fully resumed on the floor of the Nigerian Stock Exchange (NSE) on Tuesday after the public holiday observed on Monday to commemorate the nation’s independence day celebration. At the close of transactions yesterday, the local bourse was pointing south after shedding 0.17 percent as a result of profit-taking by investors. There were 17 price losers at the market on Tuesday, while only 15 equities appreciated in value when activities were brought to an end. Stanbic IBTC recorded the heaviest price loss, shedding N3.50k of its share value to settle at N42.50k per share. It was followed

By Dipo Olowookere A capital market analyst has advised investors to pay attention to tier-2 banking stocks on the Nigerian Exchange (NGX) Limited not because they are cheaper but because they could spring up surprises this year. Speaking on Monday on one of Channels Television programmes, Business Morning, which was monitored by Business Post, Mr Joshua Odebisi, the SSA Banks Research Analyst at Vetiva Capital Management Limited, said the financial institutions in this category have the potential to give more value to shareholders. In the Nigerian banking industry, the likes of Fidelity Bank, FCMB, Wema Bank, Sterling Bank, Union Bank,

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed the year 2021 in the negative territory, driven by the downward price movement in the shares of Central Securities Clearing Systems (CSCS) Plc. The value of the Nigerian depository company went down on Friday at the NASD OTC exchange by 46 kobo or 2.46 per cent to settle at N18.25 per share in contrast to N18.71 per share it traded at the previous session. This decline depleted the market capitalisation of the bourse by N2.3 billion to close the day at N629.03 billion compared with N631.33 billion it ended on

By Dipo Olowookere For a very long time, business owners in Alimosho Local Government Area of Lagos State have yearned for a platform around the area to showcase their products and services to residents of the council with no success. However, that problem seems to have been solved now with the packaging of the first Alimosho Trade Fair. Alimosho remains the biggest council in the Lagos metropolis, contributing largely to the economy of the state and such an avenue will give entrepreneurs the opportunity to reach a wider audience. Business Post gathered that the Alimosho Trade Fair, which is scheduled

By Adedapo Adesanya The Nigeria Civil Aviation Authority (NCAA) has suspended the operations of Max Air in Nigeria for a series of irregularities. In a letter NCAA/DG/AIR/11/16/363, signed by Director, Operations Training & Licensing, Mr Ibrahim Bello Dambazau, for the Director General of Civil Aviation, Mr Musa Nuhu, the authority directed the suspension of Parts A3 and D43 with regards to the operation of Max Air’s Boeing 737 aircraft type with immediate effect. Parts A3 deals with the airline’s Aircraft Authorization, and D43 deals with Aircraft Listing of the Operations Specifications issued to Max Air Limited. This simply translates that

By Modupe Gbadeyanka Nigeria’s first pharmaceutical company, May & Baker Plc, has written to the capital market regulator to raise a fresh capital to allow its expansion plans. The company wants to raise a total of N2.45 billion through rights issue of 980 million ordinary shares of 50 kobo each at an offer price of N2.50k per share on the basis of one new ordinary share for every one ordinary shares held as at the close of business on Tuesday, September 4, 2018. Recently, Chairman of May & Baker Mr Theophilus Danjuma, disclosed that “our rights issue will soon open

Jumia has announced that its logistics service is now available for use by third parties. Until today, Jumia’s logistics services were reserved for e-commerce and food vendors operating on its marketplace. Jumia’s logistics services are now open to third party businesses who wish to leverage its network, technology and expertise for last-mile deliveries across 11 countries in Africa. Senior Vice President Logistics Services at Jumia, Apoorva Kumar, said: “Our technology and last-mile services have a wide coverage that enhances faster turnaround time, reliable handling of products and transparent reporting, all of which have contributed to the success of Jumia, both

By Adedapo Adesanya Five countries in Africa have been given access to the $140 million set aside by the OPEC Fund for International Development (OFID) targeted at improving the public sector on the continent. OFID approved $310 million to be disbursed to different developing countries in line with the organisation’s goal of providing responsive and impactful development which will improve the lives of underserved people across the world. In 2019, the organisation had given out $85 million to four African countries while this newly-approved public sector loans of $140 million, will support five African countries namely Niger, Congo Dr, Lesotho,