Winnie Ngaji Wins Zoho Creator-Powered Ladies Can Tech Contest

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

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 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

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 Modupe Gbadeyanka A top apartment management company in Nigeria, Eko Shortlets, has expanded its business with the unveiling of Holiday ShortStays, a service aimed to benefit property owners and travellers. A statement from the firm disclosed that in addition to helping travellers get seamless accommodation in strategic locations in the country, Holiday ShortStays will help them locate the best hotels, boat rentals, and car rentals. “Holiday ShortStays is a marketplace where people who have apartments can put it up there to find those who need these services, including property owners, managers, car and boat rentals, and hotels,” the Managing

By Adedapo Adesanya The Naira depreciated against the United States Dollar at the Peer-to-Peer (P2P) segment of the foreign exchange market on the first working day of the year on Tuesday. In the P2P forex window, the value of the Nigerian currency weakened against the greenback by N6 to close at N749$1 compared with Monday’s value of N743/$1. Also, in the black market window, the local currency lost N2 against the American currency yesterday to settle at N737/$1, in contrast to the preceding session’s N735/$1. However, in the Investors and Exporters (I&E) segment, the Naira appreciated against the US Dollar

By Dipo Olowookere All seems not to be well with Ardova Plc as its financial statements for the year ended December 2021 showed that the energy firm recorded N3.9 billion loss. This came amid a 10.7 per cent improvement in the revenue generated in the period under consideration. It was observed that despite the higher turnover posted in the fiscal year, the organisation closed the year with a lower gross profit as a result of a spike in the cost of sales and some expenses, which caused the loss for the year. Analysis of the financial results by Business Post

By Modupe Gbadeyanka Residents of Oshodi area of Lagos State could not hide their joy at the weekend when a team from a non-governmental organisation arrived with different buses filled with goodies. The group, Arise Women, established by Mrs Siju Iluyomade, the wife of a popular cleric with the Redeemed Christian Church of God (RCCG), Pastor Idowu Iluyomade of the City of David, Lagos, was in the area on Saturday, January 30, 2021, to share the popular Arise Pink Bucket. For the past seven weeks, the team has been to different local government areas of the state to distribute the

By Modupe Gbadeyanka The waste management task force of Oyo State has given out a phone number residents of the state can call for the immediate evacuation of wastes in their areas, 070 0080 0700, for inquiries on waste management. This is as the state government has affirmed its readiness to meet the waste management needs of residents during the festive season. The leader of the task force, Mrs Aderonke Adedayo, speaking in Ibadan on Christmas eve, said the team would consolidate Mottainai Recycling Limited’s year-round vision of establishing a cleaner and healthier Oyo State. She added that bearing in

By Adedapo Adesanya and Sodeinde Temidayo David Nigerian startup that caters to home service needs, Eden Life, has completed a $1.4 million seed round to expand its business offerings. This brings Eden Life’s total investment to date to $2 million following pre-seed backing from all of Andela’s original co-founders, and additional accelerator support over the last 18 months. The new capital obtained by the company will be deployed to build Eden Life’s in-house technology and develop its own world-class kitchens and operations hubs, as it builds a new tech-based platform to improve and grow Africa’s service industry. Launched in 2019,

By Aduragbemi Omiyale The Director-General of the Securities and Exchange Commission (SEC), Mr Lamido Yuguda, has called for special attention on policy framework as this remains the pillar to growing the economy of Nigeria. Mr Yuguda made this suggestion when he joined the management of the Nigerian Exchange (NGX) on a visit to the team of the Lagos Free Zone. He said the country has all the major ingredients to become a full powerhouse and economic hub in Africa, but a policy framework. The SEC DG used the occasion to commend the Lagos Free Zone for making investment opportunities available

By Modupe Gbadeyanka Clients of Stanbic IBTC Trustees have been assured of unparalleled risk management as the company has the trusted hands to provide this service. According to the chief executive of the firm, Mr Charles Omoera, the trust solutions of Stanbic IBTC Trustees are geared at helping individuals run effective businesses with peace of mind and plan their estates to ensure successful and seamless transfer of assets to their future generation. “The importance of estate planning cannot be over-emphasised. It provides for and protects our loved ones and their interests. “Through the use of Wills and Trusts, these interests