Nigeria Grows Active Internet Subscribers by 0.62% in Q1 2022

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 Aduragbemi Omiyale The 2023 edition of Techconnect, an event put together by Interswitch to provide valuable insights into the digital payments landscape in the country, will take place in five cities. A statement from the organisation disclosed that these places are Ibadan, Port Harcourt, Enugu, Abuja, and Lagos. Participants will get information about the latest trends and best practices within the payment ecosystem, while keynote speakers and others will deliberate on other topical issues. The immersive event will feature keynote speakers and panel sessions that will provide valuable insights into the digital payments landscape in the country, spotlight trends

New search trends released by Google show that search interest in AI has reached an all-time high in Nigeria. The trends show that people have searched for AI more than ever in 2023 so far, with interest rising 310% since last year, and by 1,660% in the last five years. Google’s research also revealed the top trending questions being asked about AI across Nigeria. Here, Google West Africa Director, Olumide Balogun, answers some of the most frequently asked questions. What is Artificial Intelligence and how does it work? AI is a type of technology that can learn from its environment,

The pinnacle of technological innovation and thought leadership, Art of Technology Lagos (AOT), returns for its fifth edition, AOT 5.0. With an unwavering commitment to progress, this year’s conference dives into two crucial pillars that are shaping Lagos’s future: “The Creative Economy” and “A Digital Lagos.“ Curated by the Eko Innovation Centre in collaboration with the Lagos State Government, AOT 5.0 promises to be an unparalleled gathering of visionaries, industry leaders, and changemakers. Lagos’s creative economy sector is a dynamic force that fuels the state’s economic growth, encompassing diverse industries such as film, music, fashion, design, and advertising. This ecosystem

By Modupe Gbadeyanka Some young Nigerian entrepreneurs recently pitched their business ideas to five judges for a chance to win a grant offered by a notable retail lender in the country, Keystone Bank Limited. The financial institution partnered with Kleos Advisory to organise a specialised incubator programme known as the Keystone Start-up Advantage Programme (KSA) with offerings to address the needs of startup businesses. The initiative started in January 2022 and gave 30 micro, small and medium enterprises (MSMEs) and startups the opportunity to go through a three-month investor readiness programme designed to have groups as well as one-on-one mentoring

By Dipo Olowookere Though the International Monetary Fund (IMF) says it doubts Nigeria will quit recession this year, Minister of Budget and National Planning, Mr Udo Udoma, has stressed that the country was already moving out of its economic crisis with the adoption of the Economic Recovery and Growth Plan (ERGP). Speaking on Thursday in Abuja while inaugurating the Joint Planning Committee for the 23rd Nigerian Economic Summit (NES), the Minister noted that the Federal Government was only concerned about sustaining the present positive momentum. In the last five months, inflation rate has been on a steady decline after it

By Modupe Gbadeyanka News reaching us confirms that four Executive Directors at Skye Bank has voluntarily resigned from the services of the financial institutions. This information was revealed by Skye Bank in a statement issued in Lagos on Friday and made available to Business Post. The Directors, who had served in Executive Management capacity for nearly two years, had been part of the new Board of the bank which came into being following the July 4, 2016 intervention of the Central Bank of Nigeria (CBN) and subsequent re-constitution of its Board. The Directors who resigned are Mr Idris Yakubu, Mrs

By Modupe Gbadeyanka A group known as National Youths Vanguard for Democracy has lambasted Akwa Ibom State Governor, Mr Udom Emmanuel, describing him as an ungrateful person. In a statement issued by the National Coordinator of the group, Barrister Innocent Edward, it said, “We read the statement attributed to the ungrateful governor of Akwa Ibom State, Mr Udom Emmanuel against uncommon Senator Godswill Akpabio with great shock and bewilderment.” “We had waited long for the ungrateful governor to denounce the story credited to him as saying uncommon Senator Godswill Akpabio is a greedy, arrogant and egocentric fellow but such was

Report reaching Business Post indicates that Mrs Binta Adamu Bello has finally resumed as the new Permanent Secretary in the Ministry of Health. This follows the recent redeployment of Permanent Secretaries by the Head of the Civil Service of the Federation, which led to the deployment of the former Permanent Secretary, Health, Mrs Amina Shamaki, to the Federal Ministry of Women Affairs and Social Development, and Mrs Bello from Women Affairs and Social Development, to the Health Ministry. At the official handing over and taking over of mantles of leadership last Friday in Abuja, Mrs Bello appealed for cooperation from

By Adedapo Adesanya Shell Nigeria Gas Limited (SNG) has reiterated commitment to supply quality gas to its customers in order to create increased business opportunities for its stakeholders, noting that it plans to ensure distribution to over 150 industrial customers, mostly in Ogun, Abia, Rivers, Bayelsa and Lagos states. SNG, which is the gas arm of Shell Companies in Nigeria, is the first and only wholly-owned subsidiary of an international oil company involved in domestic gas distribution in the country. Together with its partners and local stakeholders, SNG has agreements to build gas distribution infrastructure and deliver natural gas to

Prince Charles Dickson PhD Often people ask me why I write on certain topics and issues all the time, like bashing the government and seeing very little good in people in government and government actions, and I take on education, health and power, conflict, politics of ethnicity and more. My answer is that I do because I believe that such subjects are important for Nigeria and Nigerians as they are for other nations, but when it appears to me Nigerians and our leaders particularly do not react to these topics the way they should, I repeat them in new essays

By Adedapo Adesanya The week opened with the bulls retaining their presence on the floor of the NASD Over-the-Counter (OTC) Securities Exchange following a marginal 0.01 per cent rise. The bullish outcome came on the back of the growth recorded by NASD Plc as its equity went up by 51 kobo or 9.1 per cent to close at N5.61 per unit compared with N5.10 per unit it closed at the previous session. As a result of this, the NASD unlisted security index (NSI) moved up by 0.07 points to 737.94 points from 737.87 points, while the market capitalisation gained N60