Represented by a proactive delegation from the State ICT Agency, led by Chukwuemeka Fred Agbata, the MD/CEO, the Anambra State Government is actively participating in the 11th General Meeting of the National Council on Communications, Innovation, and Digital Economy (NCCIDE). Taking place from Monday, 22nd January, to Friday, 26th January 2024, at the Coronation Hall, […]
In its commitment to resolving the backlog of verified foreign exchange transactions, the Central Bank of Nigeria (CBN) announced the release of $500 million across various sectors. Mrs. Hakama Sidi-Ali, the acting director of the Corporate Communications Department at CBN, made this announcement in a statement issued on Monday in Abuja. As reported by the […]
At least 60.49 million bank customers have completed their registration for the Bank Verification Number (BVN), with an additional 291,232 individuals joining in the past two weeks. The Nigeria Inter-Bank Settlement System (NIBSS) revealed this information, attributing the surge to the Central Bank of Nigeria’s (CBN) initiative to deactivate bank accounts not linked to BVN […]
Recent data from the Nigerian Exchange Limited (NGX) reveals a continuous decline in foreign investors’ purchases of Nigerian stocks for the sixth consecutive year. Despite market reforms that triggered a significant rally, the latest official figures indicate foreign investors have maintained a cautious stance, staying on the sidelines. “Last year, foreign investors purchased stocks totaling […]
While social media offers numerous advantages, it is essential to acknowledge the significant pitfalls associated with these platforms. From the ongoing risk of data breaches jeopardizing security to the complex issue of censorship impeding free speech, these seemingly subtle drawbacks carry considerable consequences. The perception of privacy on traditional social media platforms has been shattered, […]
To align with its steadfast commitment to customers and effectively address their expectations, Patricia Technologies Limited, a prominent cryptocurrency company, has unveiled a repayment plan spanning two to five years for all customers who incurred losses during the recent breach of the company’s platform by certain high-profile hackers, some of whom are currently in police […]
The Webfala Digital Skills for all Initiative (WDSFaI), a non-governmental organization (NGO) dedicated to advancing digital literacy and innovation in Nigeria, recently conducted an E-STEM (Environment, Science, Technology, Engineering, and Mathematics) and robotics training program for teachers in Kwara State. The WDSFaI training program, conducted yesterday at Noktel Hotel in Ilorin, brought together 60 Information […]
The Central Bank of Nigeria (CBN) is set to relocate five departments currently based in the Federal Capital Territory, Abuja, to its new office in Lagos. The departments being moved include: Banking Supervision, Other Financial Institutions Supervision, Consumer Protection Department, Payment System Management Department, and Financial Policy Regulations Department. Approximately 1,500 staff members of the […]
Since assuming office in 2019, Governor Babajide Sanwo-Olu has demonstrated a strong commitment to advancing the tech sector as part of his comprehensive development agenda for Lagos State. Under his leadership, the state has witnessed significant strides in various tech-related initiatives, signaling a dedication to leveraging technology for growth and progress. As Governor Sanwo-Olu embarks […]
Between January 8 and 21, 2024, a total of 32,462 individuals have applied for passports and submitted their documents through the Nigeria Immigration Service (NIS) website. Out of these applications, 15,113 have been approved for biometric capture and production, constituting fifty percent of the total applications. The surge in passport applications is attributed to the […]