Verve Global Card Makes First International Transaction

By Adedapo Adesanya Nigeria plans to increase the net contribution of the telecommunications sector to the gross domestic product (GDP) by 22 per cent by the end of 2027. This is part of efforts announced by the Minister of Communications, Innovation and Digital Economy, Mr Bosun Tijani, in the ministry’s 31-page Strategic Blueprint document titled Accelerating our Collective Prosperity through Technical Efficiency, seen by Business Post. In the document, the ministry noted that “As telecommunications continues to evolve in line with new technology and associated opportunities, it is critical to revamp our national approach to account for changing imperatives and

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 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

On Wednesday, Google rolled out its Search Generative Experience (SGE) in the SSA region as an opt-in experiment in Search Labs. This AI-powered experience is available in English. With new breakthroughs in generative AI, Google is reimagining what a search engine can do and is bringing these powerful new capabilities to Search in a bold and responsible way. This powerful new technology can unlock entirely new types of questions that Search could not previously answer and transforms the way information is organized in Search to help people sort through and make sense of what’s out there. Improving Search with generative

By Dipo Olowookere The Executive Director in charge of Corporate Bank at Ecobank Nigeria, Mr Kola Adeleke, has said sustainability remains an essential part of the lender’s mission and vision of building a world-class pan-African bank. The banker said this while receiving the Starsight Sustainability Award 2020 from the Head of Sales, SMEs at Starsight Energy, Ms Teme Jack, in Lagos recently. According to him, the Ecobank Group Sustainability framework is focused on four thematic areas which include Economic Transformation, Environmental Sustainability, Socially Responsible Financing and Human Capital Development. He noted that these focus areas are aligned with the tenets

By Adedapo Adesanya Officials of the Enugu Capital Territory Development Authority (ECTDA) have arrested seven fake revenue collectors operating in Enugu North Local Government Area. This was disclosed by the ECTDA Executive Chairman, Mr Josef Onoh, who further hinted that the agency apprehended the suspects last Friday. He stated that accused persons had claimed to be employees of the state Ministry of Environment and Enugu North Local Government Area and had confiscated building materials from various construction sites along Enugu’s Government Residential Area (GRA) axis at the time of their detention. Items recovered from the suspects included 10 cartons of

By Adedapo Adesanya President Muhammadu Buhari will, on Friday, September 23, 2022, launch Nigeria’s Integrated National Financing Framework (INFF) for Sustainable Development on the margins of the 77th session of the United Nations General Assembly (UNGA77) in New York. This was disclosed by Mr Femi Adesina, Special Adviser to the President, Media and Publicity, in a statement. Proposed within the broader Addis Ababa Action Agenda, the INFF is a planning and delivery tool to finance sustainable development at the national level. The integrated financing framework helps policymakers lay out a strategy to increase investments for sustainable development, manage financial and

By Dipo Olowookere There are indications that the value of Naira may depreciate against the Dollar this week at the foreign exchange (forex) market due to situations at the global market for crude oil. In recent times, the United States and China have been having it rough, with both economic powers of the world slamming different tariffs on each other, affecting the global economy. In its report at the weekend, Lagos-based investment company, Cowry Asset, said with the unstable nature of the price of the black gold, the local currency should suffer for it this week. “In the new week,

Social media users in Ghana have been advised to disregard information being posted on the novel Coronavirus by some celebrities including Kalybos, Zynnell Zuh and Jessica Larny with UNICEF logo. This appeal was made by the United Nations Children’s Fund (UNICEF), which said such information was false and never came from the respected global organisation. Confirming this to NewsGhana, a Communications Manager from UNICEF indicated that the information is not from the organization, neither is it factual or correct. Meanwhile UNICEF, according to its Communications Manager, never requested or contracted anyone to share such “erroneous posts.” “UNICEF certainly did not

By Quantitative Financial Analytics The year 2017 will go down the annals of financial history in Nigeria as the year that mutual funds visited investors with all manner of blessedness. On average, equity-based funds returned 29.03 percent with the likes of ARM Aggressive fund retuning 58.06 percent, Legacy Equity Fund, 53.74 percent, Coral Growth Fund, 52.79 percent and ACAP Canary Growth Fund recording the lowest performance among equity funds with a whopping 16.57 percent. In the same likeness, ETFs which are predominantly equity based, returned 38.78 percent on average, with Vetiva Banking ETF recording 50.25 percent, New Gold ETF, 47.87

By Adedapo Adesanya The Minister of Foreign Affairs, Mr Geoffrey Onyeama, has tested positive for COVID-19. Mr Onyeama made this disclosure via his Twitter page on Sunday, July 19, 2020. He becomes the first minister in the Muhammadu Buhari-led administration to contract the disease. According to Mr Onyeama, he tested positive in his fourth COVID-19 test on Saturday after he developed symptoms of a throat irritation. He further stated that he is now heading for isolation in a health facility. “[I] Did my fourth COVID-19 test yesterday (Saturday) at the first sign of a throat irritation and unfortunately, this time,