Business Hilights

Tracking Nigeria's Headline Business News Online

WhatsApp

UBA’s LEO hits 3m user mark, remains Smartest Banking Chatbot

Pan African financial institution, United Bank for Africa (UBA) Plc, has in the last three years won the hearts of its customers with its artificial intelligence chat bot, LEO, which has proven to be the most formidable artificial intelligence chat…

ICT

MTN to Introduce ‘Zigi’, new digital online aid

MTN Nigeria is set to launch ‘Zigi,’ an online assistant chatbot designed to enhance customers’ digital interactions with the brand, and provide speedy and secure marketing, sales and technical support. Customers will be able to interact with the chatbot on…

WhatsApp logo
ICT

More banks underway as Access Bank joins UBA, First Bank on WhatsApp platform

Leading Tier 1 financial giant, Access Bank Plc has joined other Nigerian banks to introduce WhatsApp social media platform to bring its Banking Relationship Managers closer to its customers. The bank said it joined the scheme to deepen its commitment…

Gbenga Adebayo
ICT

ALTON seeks equitable revenue sharing between OTT, MNO operators

Considering the changing trend in the use of telecoms services from the traditional voice and sms to Over The Top (OTT) services including WhatsApp, WeChat, Skype, Facebook, Viber, Imo, etc., the leadership of Association of Licensed Telecommunication Operators of Nigeria…

Data calls
ICT

Whatsapp, Skype calls now taking tolls on voice traffic, teledensity—BH Report

A clear case of technology disruption capable of frustrating the target income from voice calls by operators is gradually holding sway as Nigerian telecoms subscribers are now shifting calls from voice to Whatsapp and Skype which thrive on data. A…

facebook zuckerberg
ICT

EU explains fine of 110mn euros on Facebook over ‘misleading’ info in WhatsApp takeover

The European Commission on Thursday fined US social media giant Facebook 110 million euros ($120 million) for providing incorrect and misleading information on its takeover of WhatsApp. EU Competition Commissioner Margrethe Vestager said in a statement said “Today’s decision sends…

Venn Spectranet boss
ICT

Only upward review of data price floor’ll drive more investment on networks—Venn

The managing director of Spectranet 4G LTE Limited, Mr. David Venn has sounded it loud and clear that the prevailing pricing template for data services does not have what it takes to spur the needed investments by networks to raise…

Whatsapp
ICT

WhatsApp drying up GSM operators’ target revenue from sms—Venn, Spectranet boss

Managing Director and Chief Executive Officer of Spectranet Limited, leading Internet Services Provider (ISPs), Mr. David Venn has revealed that a wind capable of blowing away multimillion naira raked in, minute by minute by GSM operators via sms is under…

lai Mohammed
ICT

FG debunks news of monitoring citizens’ calls, social media, says it’s false

Less than 12 hours after the news went viral that the federal ministry of Interior has started wiretapping of all calls, sms and social media activities of Nigerians, the Federal Government through the Ministry of Information and Culture has described…

Yudala
ICT

Impacts of access to Whatsapp encryption may hit user’s privacy, files—Yudala Report

Yudala – the largest online and offline retail chain has released a shocking report bordering the  benefits of WhatsApp encryption and why access to these encrypted messages by a third-party may mean less privacy for a user. This is coming…