The Corporate Affairs Commission (CAC) has announced the extension of the deadline for registration of all Point of Sale Operators (PoS) by an additional sixty days. According to the Commission, the extension period which begins from 7th July 2024 to 5th September 2024, is to allow operators, especially those in remote areas who might have […]
Nigeria’s CNG Journey Has Commenced and is Irreversible, Says Kyari …As NNPC Plans to Build Three LNG Stations, 100 CNG Sites Mallam Mele Kyari, the group chief executive officer of NNPC Limited, has declared that the drive to bring Compressed Natural Gas (CNG) closer to Nigerians has since commenced and is irreversible. Kyari, who disclosed […]
The Nigerian Federal Government has cleared a significant $850 million in debt owed to European airline companies, a major development that is expected to restore confidence and stability in the country’s aviation industry. The European Union Ambassador to Nigeria and the ECOWAS, Samuela Isopi, revealed this at the 9th edition of the Nigeria – EU […]
As Nigeria continues to harness the potential of its maritime sector, experts have advocated for sustainable practices to ensure the long-term health and productivity of its blue economy. According to various experts who spoke at the sixth edition of the Taiwo Afolabi Annual Maritime (TAAM) Conference held at the University of Lagos, Nigeria needs to […]
Enterprise Life has reaffirmed its commitment to providing digitalized solutions to meet the changing needs of its customers, following the successful launch of AdvantageConnect, its new digital insurance channel based on geo-technology. Additionally, the insurance company has expanded its operations by opening two new branches in Abuja and Port Harcourt respectively. It noted that the […]
NEM Insurance has reported a 249 percent increase in its profit before tax (PBT) in 2023, soaring from N5.5bn in 2022 to N19.2bn. In a statement, Andrew Ikekhua, the Managing Director, said the profit surge is a testament to NEM Insurance’s financial health and business strategies, which enabled it to thrive despite a turbulent economic […]
Governor of Enugu State, Dr. Peter Mbah, has been conferred with a National Micro, Small and Medium Enterprises, MSMEs, Award by the Office of the Vice President on the World MSME Day for his outstanding contributions to the MSME sub-sector in his state. Presenting the award on behalf of the Vice President during this year’s National MSME […]
Galaxy Backbone Limited has earned the prestigious Tier IV Certification of Constructed Facility (TCCF) of the Galaxy Backbone Data Centre from Uptime Institute Professional Services, marking a significant milestone in its commitment to excellence and reliability in digital infrastructure services. This prestigious certification recognizes Galaxy Backbone’s commitment to delivering the highest standards of reliability, security, […]
WhatsApp is developing a new generative AI feature that allows users to create personalized avatars. This feature, which was discovered in the latest WhatsApp Beta for Android 2.24.14.7 by WABetaInfo, will utilize user images, text prompts, and Meta’s AI Llama model to generate these avatars. The new feature will enable users to envision themselves in various settings, […]
Meta’s Threads social platform has reached over 175 million monthly active users, as announced by CEO Mark Zuckerberg on Wednesday. This news comes just shy of the platform’s first anniversary, marking a year of commendable growth and development for the app. Threads, which launched on July 5, 2023, has had its user base steadily increasing since […]
