Ernst and Young, a global professional services firm, has disclosed that approximately 17 out of the existing 24 Deposit Money Banks (DMBs) in Nigeria may struggle to meet the Central Bank of Nigeria’s proposed recapitalization requirement if it is raised from the current N25 billion. In a recent report titled “Navigating the Horizon: Charting the […]
Given the pivotal importance of financial inclusion in national development and the establishment of a sustainable economy, Tosin Eniolorunda, Group CEO of Moniepoint Inc, has reaffirmed his organization’s commitment to enhancing financial inclusion and promoting the adoption of technology among underserved consumers in the country. Speaking at the 16th edition of the Leadership Newspapers Conference […]
TekSight Edge Limited, a prominent Nigerian digital PR agency, recently celebrated its 10th anniversary, marking a remarkable journey and significant impact on brands and communities throughout the continent through cutting-edge data analytics. Headquartered in Lagos, with offices in Ghana, Kenya, and Rwanda, the agency has executed award-winning campaigns for various brands, including the Lagos state […]
In an innovative initiative, QNET, a well-known global entity in the lifestyle and wellness direct-selling sector, has partnered with the Lagos State Consumer Protection Agency (LASCOPA) to lead a significant movement in consumer rights awareness and empowerment. This collaboration corresponds with the theme of Consumer Rights Day 2024, “Fair and Responsible AI for Consumers,” and […]
Flutterwave, a leading payments technology company, has appointed Dipo Fatokun as the new Chairman of Flutterwave Technologies Solutions Limited. He brings a comprehensive regulatory understanding and supervisory experience to solidify Flutterwave’s dedication to upholding the highest regulatory, compliance, and governance standards. Mr. Fatokun, with over 30 years of experience spanning banking services, finance, strategy, advisory, leadership, and […]
Karl Toriola, CEO, MTN Nigeria, has been conferred the title of Fellow by the Nigerian Academy of Engineering (NAE), alongside 12 other distinguished engineers. The announcement was made by the NAE Council on March 7th, 2024. Karl Toriola, the CEO of MTN Nigeria, has been honored with the title of Fellow by the Nigerian Academy […]
The shift towards electrification is evident across various sectors, from transportation to renewable energy storage systems and portable electronics. Oscar van Antwerpen, director and founder of Minrom, a prominent geological consulting firm, underscores the pivotal role of minerals like lithium, cobalt, nickel, manganese, and graphite in powering this battery-driven world. By 2030, South Africa aims […]
The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, has commended the efforts of stakeholders in the telecommunications industry to limit the impact of the undersea cable cut which affected internet connectivity in West Africa. Similarly, the Minister announced plans to spearhead a global collaboration aimed at enhancing the protection of undersea cables. […]
The Nigerian Communications Commission (NCC) has said following the disruption on March 14, 2024, which affected data and voice services due to cuts in undersea fibre optics along the coasts of Cote d’Ivoire and Senegal, that services have now been restored to approximately 90% of their peak utilization capacities. Reuben Muoka, director, Public Affairs at NCC, confirmed in […]
WIOCC, Africa’s digital backbone, has said it is leading the continent’s response to the cable cuts currently affecting the WACS, ACE, Main One and SAT3 subsea systems on Africa’s western seaboard. WIOCC’s highly resilient network, with hyperscale capacity on every major system is the largest in Africa and ideally placed to swiftly deliver restoration solutions to […]
