Upgraded Tecno SPARK 3 Series Smartphone Hits Market

By Adedapo Adesanya The Minister of Communications, Innovation and Digital Economy, Mr Bosun Tijani, has announced a plan to help Nigerian tech startups raise a total of $5 billion yearly in funding rounds by 2027. He disclosed the plan in the ministry’s 31-page Strategic Blueprint document titled Accelerating our Collective Prosperity through Technical Efficiency, released and seen by Business Post on Monday. Mr Tijani said the ministry’s primary objective is to stimulate the growth and sustainability of startups, with a specific focus on developing innovative solutions for critical sectors of the economy. “Recognising the critical role of patient capital in 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 Modupe Gbadeyanka The unveiling of Digital Innovation & Creative Excellence (DICE) on Wednesday, November 8, 2023, will be witnessed by critical stakeholders in the technology industry. DICE is an initiative of Beyond Limits in partnership with key stakeholders in the tech, business, and creative ecosystem. The company, established by an expert in the field, Ms Juliet Ehimuan, has themed the launching of the initiative as Solve for Africa: Co-Creating a Tech-Enabled Future. Those expected to grace the occasion include the Minister of Communications and the Digital Economy, Nigeria, Mr Bosun Tijani; the founder of MainStreet Technologies, Ms Funke Opeke;

By Adedapo Adesanya The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Mr Aminu Maida, has charged Nokia Networks to increase its investments in Research and Development (R&D) to support the growth of Information and Communication Technology (ICT) in Nigeria. Mr Maida spoke when a delegation from Nokia Networks of Finland led by the Deputy Minister, Under-Secretary of State for International Trade from the Ministry for Foreign Affairs of Finland, Mr Jarno Syrjala, visited the commission recently to explore further opportunities for mutually beneficial relationships. He told the delegation that the Nigerian government is

By Aduragbemi Omiyale The sum of N966.1 billion has been shared by the federal, state and local governments of the federation as allocation for the month of August 2023. The money was distributed to the three tiers of government by the Federation Account Allocation Committee (FAAC) from the revenue generated by the nation in July 2023. The committee held its monthly meeting in Abuja on Tuesday and was chaired by the new Minister of Finance and Co-ordinating Minister of the Economy, Mr Wale Edun. A communique issued at the end of the gathering disclosed that the amount shared by the

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 Dipo Olowookere The entire 4,296,330,500 outstanding ordinary shares of Law Union and Rock Insurance Plc have been delisted from the trading platform of the Nigerian Stock Exchange (NSE). Business Post confirmed from a notice issued by the exchange that the action was taken today, Thursday, November 5, 2020. The removal of the stocks of the insurance company followed the completion of the transfer of the equities to the new owners of the underwriting firm, Kanuri LUR Limited. Recall that Verod Capital agreed to purchase the entire issued share capital of the company through its investment vehicle, Kanuri LUR Limited.

By Dipo Olowookere Debts worth N5 billion were recovered by Union Bank of Nigeria Plc in the first six months of this year, Chief Executive Officer of the financial institution, Mr Emeka Emuwa, has revealed. Mr Emuwa, while commenting on the performance of the company in the first half of 2019, said this was part of the bank’s debt recovery processes, which were in sync with the robust risk management system put in place by the management. According to him, “We have developed a concerted and clear plan to increase our risk assets with our loan book growing by 8

By Dipo Olowookere The 2017 Humanitarian Response Plan for Nigeria has said it needs more than $1 billion to address the needs of those in crisis in the three most affected states of Borno, Adamawa and Yobe, with 75 partners ready to respond to those needs where areas area accessible. During the course of 2016 as the Nigerian Armed Forces pushed back Boko Haram held areas the scale of the human suffering became more apparent and the humanitarian community scaled up the response. The centre of gravity for the response moved from Abuja to Borno’s state capital, Maiduguri to enable

By Dipo Olowookere An agency banking outlet has been launched by Ecobank Nigeria at an Airtel express shop in Mowe Ofada, Ogun State. This, the bank explained, is in line with its determination to convert Airtel franchise locations to Agent banking locations. The Ecobank Agency Banking service, which is the first of its kind to debut in Nigeria, is aimed at offering affordable access to financial services to promote and deepen financial inclusion in the Nigeria economy. According to Head of Consumer Distribution at Ecobank Nigeria, Mr Tunde Kuponiyi, agency banking is a part of the bank’s distribution strategy to

By Modupe Gbadeyanka The financial technology (fintech) space in Nigeria is getting more robust with the coming of a global player, Admirals, into the market, giving consumers different options. The firm launched its Nigerian office at an event held in Lagos over the weekend. The Africa Director for Admirals, Boriss Gubaidulin, while speaking at the programme, said, “We are extremely thrilled to have opened another hub in the African continent. “Our end goal remains the same, and that is, enhancing financial accessibility and literacy for traders in the local region by providing them with strong financial services and support. Being

By Dipo Olowookere The efforts of Promasidor Nigeria Limited, makers of Cowbell milk, Loya Milk, Top tea and other food products, in sponsoring the Cowbell Football Academy (CFA) have been commended by the Nigerian Football Federation (NFF). The CFA is an initiative aimed at developing sports in the country by creating an enabling platform for children and youths to express themselves through sports, academics and extra-curricular activities thereby adding to the nation’s human capital development. Speaking at the grand finale of the 2016 Summer Camp, which took place at the main bowl of the national stadium in Surulere, Lagos recently,