The Art of Technology Lagos 5.0 – Unveiling The Creative Economy and A Digital Lagos

By Adedapo Adesanya The federal government through the National Information Technology Development Agency (NITDA) has opened applications for a tech startup accelerator fellowship program to empower Nigerians with innovative ideas. The Minister of Communications, Innovation and Digital Economy, Mr Bosun Tijani, said the preparations for the training commenced in August with a meeting of stakeholders in tech to co-create innovative ways to achieve the target. He added that the meeting was the first in a series of ecosystem engagements to ensure that the government gets the best solutions from within. The new initiative from the NITDA is part of the

By Rahul Baitha In today’s digital age, where instant gratification is the norm, website performance plays a critical role in delivering a positive user experience. Visitors expect websites to load quickly and respond seamlessly to their interactions. If your website lags or stumbles, you risk losing valuable traffic and potential customers. As a web designer or business owner, optimizing your website’s performance should be a top priority. In this comprehensive guide, we’ll explore essential tips and techniques to boost your website’s speed and efficiency. Understanding Website Performance Before diving into optimization strategies, it’s essential to grasp the fundamentals of website

By Adedapo Adesanya Nigerian wireless internet service provider, Tizeti, has announced the securing of an unnamed senior debt facility from Chapel Hill Denham’s Nigeria Infrastructure Debt Fund that will be used to finance the rollout of its state-of-the art broadband network across 15 states in Nigeria. In a statement seen by Business Post, the company said it has been granted long-term financing by the investment company’s fund and will deploy the debt to build new internet infrastructure and purchase additional equipment to expand its services to Delta, Akwa Ibom, Cross River, Abia, Anambra, Imo, Enugu, Abuja, Kano, and Kaduna. Tizeti

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 Crude oil prices rose on Friday on the back of sustained global energy, causing the Brent crude to increase by 44 cents or 0.54 per cent to $82.39 per barrel, while the United States West Texas Intermediate (WTI) gained 1.34 per cent or $1.05 to $79.35 per barrel. The surge in the prices of the commodity as well as natural gas and coal in recent days has been due to an energy crunch affecting Europe and Asia. Benchmark European gas prices at the Dutch TTF hub on Friday stood at a crude oil equivalent of about $200

By Kester Kenn Klomegah As the security situation relatively stabilizes, Mozambique and Italy are feverishly looking at the possibility of producing biofuels, and to continue pumping liquefied natural gas next year in Mozambique. During their latest meeting in Maputo which marked the resumption of face-to-face meetings between the parties after restrictions imposed by Covid-19, Mozambican President, Filipe Nyusi with representatives of Italian oil company ENI, thoroughly reviewed other strategies for gas exploration projects in northern Mozambique. Claudio Descalzi, the ENI CEO, raised the possibility of farming to produce biofuels. The idea follows the example of similar discussions by ENI with

By Adedapo Adesanya The Nigerian National Petroleum Corporation (NNPC) and the  Kaduna State Government have signed a Memorandum of Understanding (MoU) for utilisation and expansion of gas supply in the state. This is as the country seeks to boost its domestic gas penetration aspirations in line with the federal government Decade of Gas plans which is aimed at utilising the nation’s abundant gas resources to power the nation’s economy through a number of strategic gas expansion projects such as the ongoing OB3 and Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Projects. Speaking at the MoU execution ceremony, which was held on Thursday at

By Sodeinde Temidayo David The federal government has disclosed that it has commenced the implementation of new retirement age for teachers in the country. This disclosure was made in Abuja while marking the 2021 World Teachers Day celebration themed Teachers at the Heart of Education Recovery. At the 2020 World Teachers Day Celebration, President Muhammadu Buhari approved the extension of teachers’ retirement age to 65 years from 60 years or 40 years of service instead of the former 35 years of service. At this year’s event, the President said the Ministry of Education has commenced education officers’ guidelines to ensure

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has assured information security stakeholders and the general public of its commitment to curb the rising cases of cyber attacks within Nigeria’s cyberspace. This was disclosed by the Director of the Payments System Management Department of the CBN, Mr Musa Jimoh, in his keynote address at the annual Information Security Society of Africa – Nigeria (ISSAN) Cybersecurity Conference in Lagos. He stated that the apex bank was firmly committed to building a sustainable payments ecosystem in the country. He also commended ISSAN for organizing the event, stressing that the apex bank

By Khurshid Alam Introduction SEO is an ever-evolving game, and it’s becoming increasingly difficult to keep up with all the changes. It can be hard to come up with creative and effective ways of optimizing your website for search engine rankings without breaking any rules. Most SEO analysts would never admit to using any “black hat” methods, but there are a few unconventional SEO tips and tricks that can give your website a boost without getting you into hot water. Here are 9 of the best ones: 9 Proven Unconventional SEO Tips and Tricks Monitor Website Performance One of the

By Dipo Olowookere The Naira-settled OTC FX Futures market continues to show promise as another contract maturity and settlement successfully transpired in the month of November. The OTC FX Futures contract-NGUS NOV 29 2017, with notional amount $543.05 million, matured and settled on FMDQ, on Wednesday, November 29, 2017; bringing the total value of contracts so far matured on the Exchange to circa $6.85 billion, and about $9.80 billion worth of OTC FX Futures contracts traded since the product launch, across different tenors (one through to 12 months). The contract, which stopped trading eight days before maturity, was valued against

By Adeniyi Ogunfowoke You have dreamt about it. You can feel it and you are already making money from the enterprise you established, all in dreams. Reality dawns on you and you wish it your dream will become reality instantly. But that is not how it works. You have to work towards achieving your dreams especially if you hope to become an entrepreneur. But you are still lounging and dreaming. This may be due to some habits that you have imbibed over time and this can stop from bring your entrepreneurial dream to fruition. Jumia Travel, the leading online travel