ICT

Showing: 111 - 120 of 129 Articles
ICT Internet Tech

FG is thinking outside the box to create jobs for Nigerians – Shettima

Abuja, Aug. 15, 2023 – The Federal Government is thinking outside the box to create more job openings for Nigerians. Vice President Kashim Shettima said this on Tuesday when he received some executives of Google, a global information company, at the Presidential Villa in Abuja.  He said there was the need to think outside the box to get more job opportunities for Nigerians.  “Let’s think outside the box and create more job opportunities. We need to walk the talk. “It is easy to pontificate, but very difficult to bring all …

General News ICT

18 digital lenders delisted by FCCPC

Abuja, Aug. 3, 2023 – The Federal Competition and Consumer Protection Commission (FCCPC) has delisted i8 digital lenders. It has directed Google to remove them from Playstore for violations of its guidelines and  gave them five days to prove they are operating within its guidelines. FCCPC listed the affected loan apps as: “Getloan, Joy Cash-Loan Up to 1,000,000, Camelloan, Cashlawn, Nairaloan, Eaglecash, Moneytreefinance Made Easy, Luckyloan Personal Loan, Cashme, Easynaira, Swiftcas, Crediting, Swiftkash, Hen Credit loan, Nut loan, Cash door, Cashpal, and Nairaeasy gist loan.” Babatunde Irukera, the Chief Executive …

ICT Money market

Tinubu seeks additional $800m loan from World Bank

Abuja, July 13, 2023 – President Bola Tinubu is seeking additional loan of $800 million from the World Bank for the National Social Safety Net Programme. He has written to the House of Representatives seeking approval for the Federal government to take the loan. Under the programme, the Federal Government will pay N8,000 to 12 million families over a period of six months to ameliorate the hardships of Nigerians as a result of subsidy removal. In a letter to the House read by Speaker Tajudeen Abbas during plenary, Tinubu said the …

General News ICT

Ejikeme Saga: JAMB is several steps ahead of examination cheats – Okebukola

Abuja, July 6, 2023 – Peter Okebukola, a former Executive Secretary of the National Universities Commission (NUC), says the saga of Ejikeme Mmesoma, an  Anambra student who sat for the 2023 UTME, should serve as a deterrent to others who may want to cheat in examinations.  He said the innovations introduced by the Joint Admissions and Matriculation Board (JAMB) had shown that the Board was several steps ahead of examination cheats.  He described the incident as unfortunate, saying that many people were unaware of the thoroughness of the Registrar of …

General News ICT Internet Investment

Threads, new Meta app, will attract over 1 billion users – Zuckerberg

Lagos, July 6, 2023 – Musk Zuckerberg, the CEO of Meta, has projected Instagram’s rival app to Twitter, Threads, to hit over one billion users. This came after a Twitter user stressed the need to have a public conversation app with one billion people on it, stating that Twitter has had the opportunity to meet the target. “There should be a public conversation app with 1B+ people on it. Twitter has had the opportunity to do this, but hasn’t nailed it,” the user identified as Seyitaylor tweeted. Responding to the …

General News ICT Investment

10 million sign up on Threads, Metta’s rival to Twitter, hours after launch

Lagos, July 6, 2023 – No fewer than 10 million people have signed up to Threads, Meta’s rival to Twitter, within hours of its launch, the Facebook parent’s CEO Mark Zuckerberg said Thursday. Threads has been described as the biggest challenger to Elon Musk-owned Twitter, which has seen a series of potential competitors emerge. The app went live on Apple and Android app stores in 100 countries at 2300 GMT on Wednesday, and will run with no ads for now. “10 million sign ups in seven hours,” Zuckerberg wrote on …

ICT

Airtel launches 5G services in Nigeria

Lagos, June 19, 2023 – Airtel Nigeria officially launched its fifth generation (5G) technology services in Nigeria on Monday. The launch brings the number of operators of 5G services in Nigeria to three. MTN Nigeria pioneered the launch of the service and was followed by Mafab Communications.  Femi Oshinlaja, the Chief Commercial Officer at Airtel Nigeria, said 5G services would be available in four major cities of Abuja, the Federal Capital Territory, Lagos, Ogun and Rivers states. He said the services would be extended to other parts of the country …

ICT

Banks, others pay N200m fines imposed on data privacy violators

Abuja, June 19, 2023 -More than N200 million has been realized by the Federal Government from penalties imposed on violators of data privacy in the country. Dr Vincent Olatunji, the National Commissioner at the Nigerian Data Protection Commission (NDPC) said this on Monday. Olatunji addressed journalists in Abuja on Monday in the aftermath of the signing of the Commission’s Act into law by President Bola Tinubu last Wednesday. He said seven banks and some other financial institutions paid the fines, but did not name them. He said the penalties were within a …

ICT Money market

Town & Gown: Poor infrastructure frustrates cashless policy in Nigeria – Isiavwe

Benin City, June 1, 2023 – Cybersecurity expert, Dr. David Isiavwe, says implementation of cashless policy in Nigeria has been frustrated by inadequate critical infrastructure to support electronic payment systems, particularly in rural areas. Isiavwe, who is, the President, Information Security Society of Africa, Nigeria (ISSAN), said that although online financial transactions brought significant benefits in terms of convenience, speed, and accessibility, there was substantial cybersecurity risks that could not be ignored, He said Cybercriminals were constantly looking for new ways to exploit vulnerabilities in online financial transactions. “The consequences of …

ICT

Africa50, Bayobab enter partnership to develop pan-African terrestrial fibre

Johannesburg, May 16, 2023 – Bayobab and Africa50 have entered into a partnership to develop Project East2West, a terrestrial fibre optic cable network connecting the eastern shores of Africa to those on the continent’s west.   The partnership will invest up to US$320 million connecting 10 African countries over the years 2023, 2024 and 2025.   Bayobab is wholly owned by MTN Group. This investment is within MTN’s previously announced Ambition 2025 plans and will contribute to Bayobab reaching the Group’s target of having 135 000km of proprietary fibre over the coming …