Nokia, Apple Sign Long Term Patent License Agreement

By Adedapo Adesanya The Ministry of Communications, Innovation, and Digital Economy on Friday opened the application process for the first phase of the three million tech talents training programme (3TTT). The programme is in line with President Bola Tinubu’s vision of creating 2 million digital jobs by 2025, which is aimed at building Nigeria’s technical talent backbone to power the country’s digital economy and position Nigeria as a net talent exporter. Business Post had reported earlier this week that Mr Bosun Tijani, the country’s Minister of Communications, Innovation, and Digital Economy, has said the target will be reached through three

By Kehinde Ogundare In recent years, the global economy has faced and continues to face numerous challenges, including a pandemic, war, climate change, and inflation. Businesses have had to adapt and find new ways of working to tackle these challenges. Nigeria is no exception. According to the National Bureau of Statistics of Nigeria, the annual inflation rate accelerated to 24.08% in July 2023, the highest since September 2005. This has affected everything from electricity tariffs to transportation, all crucial to the performance of Nigerian enterprises. Fortunately, by adopting the right technologies and using them the right way, enterprises can ensure that they’re

By Adedapo Adesanya The Minister of Communications, Innovation, and Digital Economy, Mr Bosun Tijani, intends to close the world’s tech talent shortage by almost a quarter with Nigerian workers. He said this would be achieved through the federal government’s plan to train 3 million technical talents over the next four years. The initiative could help achieve President Bola Tinubu’s goal of creating a million tech jobs in the first two years of his administration. “I believe, based on data that LinkedIn has projected, Nigeria can fill about 23 per cent of the current global shortage in technology talents,” Mr Tijani

Read this article to learn how to trade Bitcoin like a Pro. Know more about mining, investing without holding and other helpful info. Smart Ways to Trade Bitcoin Bitcoin started a rollercoaster of ups and downs in the last few months. Once it got down, the crypto world was flooded with small prices and huge losses that affected millions of investors. So, which are the smartest ways to trade Bitcoin, and how does it work? Understanding How Blockchain Work Before starting to invest in Bitcoin, traders should know what blockchain is, and how it works. It is a decentralized system

By Adedapo Adesanya The oil market was down on Thursday after it was reported that oil producers needed to address the daily oversupply of more than 2 million barrels. Consequently, the international benchmark crude futures, Brent, dropped 47 cents or 1.04 per cent to $44.90 per barrel, while the US benchmark, the West Texas Intermediate (WTI) crude futures fell by 31 cents or 0.72 per cent to $42.62 per barrel. Following a meeting by the group of oil-producing nations, the Organisation of the Petroleum Exporting Countries and its allies known as OPEC+, it was reported that they would need to

By Modupe Gbadeyanka An online store owner, Ms Jumoke Akinsanya, has commended an e-commerce market leader, Jumia, for putting her through the rudiments of online sales. “Jumia has taught me how to understand consumer behaviour in e-commerce; how to process orders and how to create products on the e-commerce platform,” Ms Akinsanya, the founder of Deeski.com, stated. The entrepreneur said since she started selling her items on Jumia, her business has continued to record tremendous growth, noting that the platform deserves a commendation for its human capital development initiative. She further said the continent market leader has been providing financial

By Adedapo Adesanya An American company, ALK Capital, has completed its takeover of Burnley Football Club of England, acquiring a controlling 84 per cent stake in the Premier League club. The deal was completed after being approved by the Premier League and comes on the eve of the January transfer window, according to a statement released late on Thursday. The Delaware-based ALK, which specialises in investments in the sport and media sectors, said its managing partner, Mr Alan Pace, would take over from Mr Mike Garlick as club’s chairman. “Garlick, alongside former shareholder John Banaszkiewicz, will remain on ALK Capital’s

The Nigerian National Petroleum Corporation (NNPC) has disclosed that the West African Gas Pipeline (WAGP) would be extended from Ghana to Cote d’Ivoire as part of the Federal Government West African energy integration policy. This pledge was made on Wednesday by the Group Managing Director of NNPC, Dr Maikanti Baru, while receiving a delegation from Cote d’Ivoire at the NNPC Towers in Abuja. The GMD said Nigeria and indeed the NNPC has been into the business of oil and gas exploration and production for over 50 years, stressing that the interface would enable the NNPC to share its vast experiences

By Cowry Asset In our assessment, relative to the banking industry, Zenith Bank Plc recorded average performance for 9 months to September 2017. Taking into consideration relevant ratios, we arrived at a ‘Bb’ rating. Given its performance, plus an upside of 15.62% to its target price of N28.92, we recommend a BUY on its shares. Profitability Beats Industry Average despite Rising Costs, Higher Leverage Zenith Bank Plc based on its 9M 2017 improved ROE and ROA to 17.72 percent and 2.64 percent respectively from 9M 2016 levels (beating industry averages of 9.15 percent and 1.27 percent). Increased profitability was driven

By Agro Business Nigeria Catfish farmers using earthen ponds, surface tanks, plastic tanks etc. often face the challenge of high fingerlings mortality rates when raising them. As such, utmost care needs to be exercised in handling these fragile fishes in order to optimise production and profit. A healthy pond grooms healthy fishes. Prior to stocking, 250kg of lime should be applied per acre of pond surface. Also, ensure that other unwanted wastes and organisms like frog are cleared before stocking the pond. Fingerlings are most vulnerable when they are less than 10g in size, thus the highest mortality rates occur

By Adedapo Adesanya The National Human Rights Commission (NHRC) has appealed to the 15 Nigerian states yet to adopt the Child Rights Act of 2003 to do so. The 15 states are Adamawa, Bauchi, Bayelsa, Borno, Ebonyi, Enugu, Gombe, Kaduna, Kano, Katsina, Kebbi, Niger, Sokoto, Yobe and Zamfara. The Executive Secretary of the agency, Mr Tony Ojukwu, made the call in a statement in Abuja commemorating this year’s Children’s Day and commended the 21 states in Nigeria that have adopted the law. Mr Ojukwu urged them to ensure that the provisions of the laws are fully implemented, noting that children