Minister inspects DIEC, says project’ll deepen implementation of Start-up Bill
The Minister of Communications and Digital Economy, Prof. Isa Ali Pantami has expressed optimism that the National Digital Innovation and Entrepreneurship Centre once completed would fast-track the implementation of the Nigeria Start-up Bill, as he described the ongoing construction project…
Why Nigeria Air Can’t Fly This Year or Ever
A Federal High Court in Lagos, on Thursday, stopped the establishment of the proposed national carrier – Nigeria Air, by the Federal Government. Justice Ambrose Lewis-Allagoa reordered the Federal Government and domestic airlines to maintain status quo in their suit…
Q3-22 Growth Momentum Slowed Compared to Same Time Last Year—Report
According to the recently released GDP report by the National Bureau of Statistics (NBS), domestic economic activity maintained its positive growth path in Q3-22. However, the growth momentum slowed compared to the prior quarter. Specifically, the economy grew by 2.25%…
Nigeria missing as Firms sign MoU to provide green power for African countries
H2-Industries, a global hydrogen generation, and energy storage solutions company, has signed an MoU with the Swiss-based developer of integrated renewable energy projects, Terra Sola Group AG. The agreement supports Terra Sola’s development of tailor-made, large-scale integrated solar energy programs…
Engineer wins Glo house in Festival of Joy promo in PH
A Port Harcourt-based Mechanical Engineer, Ola Owonifari Joseph, has emerged as the winner of the second house in the ongoing Glo Festival of Joy promo. The 49-year-old Joseph on Friday received the keys to his new apartment from the Speaker…
Neobanking Transactions to Cross $3 Trillion in 2022
Neobanks are the consequence of the modern digital age. The primary characteristic of a neobank is that it lacks any physical address/branch and operates digitally. According to the numbers available on Statista.com, Neo Banks will oversee transactions worth $3,255 in…
Naira Crashes to dollar minutes after unveiling of new naira notes
As soon as President Muhammadu Buhari Wednesday unveiled the new currency notes before the federal executive council (FEC) meeting at the state house, Abuja, indications emerged that rather gain, the naira crashed at the parallel market, thus creating a scenario…
Global tech industry and Layoffs at Twitter, Meta, Amazon
By Sonny Aragba-Akpore Tech stocks which were the toast of investors in the United States (USA) have nosedived terribly in the last one month creating a major nightmare for investment in this sector in the twenty years. From Amazon to…
Shoppers defy economic crunch for Konga Yakata
Upon the prevailing global economic downturn and associated difficulties in the local economy, Nigerians have turned to Konga Yakata as a fitting avenue to shop great deals at best prices without burning a hole in their pockets this season. Konga…
MainOne Lifts Host Community in Lagos with School Renovation
Leading West Africa’s connectivity and data center solutions provider MainOne, an Equinix Company, has undertaken important improvement and renovation work at Okun Ajah Community Senior Secondary School, Eti Osa, Lagos, as this year’s recipient of its annual Corporate Social Responsibility…
