MultiChoice Tanzania Marks 20th Anniversary with Customers

By Adedapo Adesanya The Minister of Communications, Innovation, and Digital Economy, Mr Bosun Tijani, has announced a N1 billion partnership between the ministry and IHS Towers, one of the largest independent communications infrastructure firms in the world, to establish the 3 Million Technical Talent (3MTT) Learning Community. The ministry earlier this month released a 31-page policy document titled Accelerating our Collective Prosperity through Technical Efficiency which outlined plans to boost the country’s economy through the use of technology. It said it would collaborate with other ministries and parastatals, including private sector stakeholders to drive opportunities for startups to facilitate the

By Dipo Olowookere To make Artificial Intelligence (AI) more helpful and help developers and enterprise customers scale their operations, a renowned tech firm, Google, has introduced Gemini. In a note from the chief executive of the firm, Mr Sundar Pichai, it was disclosed that “Gemini is also our most flexible model yet, able to run on everything from data centres to mobile devices efficiently.” “Its state-of-the-art capabilities will significantly enhance the way developers and enterprise customers build and scale with AI,” the note seen by Business Post added. Google said the new AI model platform comes in Gemini Ultra, Gemini

By Modupe Gbadeyanka A global quantum computing competition called The Quantum Mobility Quest, designed to tackle the most pressing challenges in aviation and automotive that have remained insurmountable for classical computers, has been launched by Airbus and BMW Group. Business Post reports that registration for the challenge has commenced, with submissions to be accepted from mid-January through April 30, 2024, via www.thequantuminsider.com/quantum-challenge. The contest is hosted by The Quantum Insider (TQI) and divided into two parts, a four-month phase where participants will develop a theoretical framework for one of the given statements, and a second phase during which selected finalists

By Modupe Gbadeyanka Salesforce and Amazon Web Services (AWS) have expanded their strategic partnership, deepening product integrations across data and artificial intelligence (AI). The new and enhanced integrations will include streamlining purchasing options for customers via the AWS marketplace, enhancing customer experiences through unified data management, empowering developers with new AWS compute and development services, securely bringing AWS data and AI services to Salesforce’s Einstein 1 Platform, and ensuring seamless customer service with service cloud and Amazon connect. It was gathered these features will enable customers to seamlessly and securely manage their data across Salesforce and AWS, and safely and

By Modupe Gbadeyanka Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has disclosed that federal government was planning to introduce tax incentives for the capital market from next year. In 2014, the federal government, through the then Minister of Finance, Mrs Ngozi Okonjo-Iweala, announced a 5-year tax holiday for players in the stock market so as to encourage more participation. This VAT exemption ended July 24, 2019, with brokerage firms informing their clients that they would begin to pay the tax on commissions earned for executing any buy or sell transactions from July 25, 2019. Despite calls from

By Aduragbemi Omiyale The Director-General of the Securities and Exchange Commission (SEC), Mr Lamido Yuguda, has listed some factors preventing the growth of the Nigerian capital market. According to him, these challenges are mainly economic forces beyond the immediate control of the apex regulatory body in the capital market. He listed them as risk-free interest rates, recession and foreign exchange-related challenges; low funding for regulatory capacity and infrastructure development; proliferation of Ponzi schemes as well as global financial risks, including the implications of declining economic growth. Speaking during a meeting with a delegation from the Ghana Securities and Exchange Commission

By Adedapo Adesanya The National Drug Law Enforcement Agency (NDLEA) says it has intercepted no fewer than 4.8 tonnes of skunk in Imo, Edo, Ondo, Kano, and Ekiti States. NDLEA’s Director of Media and Advocacy, Mr Femi Babafemi, disclosed this in a statement released on Sunday in Abuja. Skunk is a generic name given to potent strains of the cannabis plant containing the highest levels of the psychoactive ingredient tetrahydrocannabinol (THC). NDLEA’s operatives in Imo State intercepted a Mercedes Benz container truck marked ABN 418 YN parked in an isolated area along Owerri – Onitsha expressway on October 15. The

By Adedapo Adesanya ExxonMobil has announced the appointment of Mr Richard Laing as chairman and managing director of its three affiliates in Nigeria – Mobil Producing Nigeria Unlimited, Esso Exploration and Production Nigeria Limited, and Esso Exploration and Production Nigeria (Offshore East). The United States domiciled oil and gas giant made the announcement on Saturday in a statement titled ‘ExxonMobil Nigeria names new chairman and managing director’. It said effective August 1, 2020, Mr Laing replaced Mr Paul McGrath, who had been appointed to the position of Vice President of Global Projects for ExxonMobil in Houston after more than three

By Adedapo Adesanya Google and the International Finance Corporation (IFC) have estimated that Africa’s Internet economy has the potential to reach 5.2 per cent of the continent’s gross domestic product (GDP) by 2025, contributing nearly $180 billion to its economy. This, according to a new report, it says will depend greatly on the usage level of digital technologies by businesses and the right mix of policy actions, adding that projected potential contribution could reach $712 billion by 2050. It explained that a combination of increased access to faster and better quality Internet connectivity, a rapidly expanding urban population, a growing

By Dipo Olowookere Oyo State Governor, Mr Seyi Makinde, has announced testing negative for the deadly coronavirus disease (COVID-19) after initially testing positive for the virus. The Governor disclosed on Monday through his official Facebook page. he said his second test for the disease came out negative on Sunday evening. Mr Makinde had used the same platform to announce his COVID-19 status last week, saying he was asymptomatic to the virus, meaning he does not show symptoms of the disease despite being a carrier. He, however, went into an isolation so as not to spread the disease to others around

By Dipo Olowookere Top multinational company specialized in the production of beverages, treated water, dispensers and whole sales product distribution across countries in Africa and Asia, CWAY Group, is introducing a new premium Yoghurt drink into the Nigerian market. The product, called Nutri-Yo, is targeted mostly at children and the young at heart. To penetrate the already saturated market in Nigeria, CWAY has appointed one of the leading media and marketing firms in the country, Media & Marketing Experts Africa (MME Africa), to lead the campaign for Nutri-Yo. MME AFRICA is a full blown media agency that offers strategically tailored

By Modupe Gbadeyanka One of the founders of foremost payments technology company, Flutterwave, Mr Iyinoluwa Aboyeji, has resigned from his position as chief executive officer. With his exit from the firm, co-founder of Flutterwave, Mr Olugbenga Agboola, will replace him as the new CEO of the company. In his farewell message, Mr Aboyeji explained that he was leaving the firm based on family reasons. He specifically said his decision to quit as CEO of Flutterwave was mainly to pursue his family goals, thanking the team at Flutterwave for the cooperation given to him while he led the firm. “Today will