Emerging markets-focused fintech, PalmPay, yesterday said it has contributed to deepening Nigeria’s financial inclusion policy of the Central Bank of Nigeria (CBN) with a total of 35 million users over the last five years. Managing Director at PalmPay Nigeria, Chika Nwosu, who spoke in Lagos during a brief ceremony to commemorate the fifth anniversary of…
Inadequate infrastructure to sustainably support physical card will make the idea of issuing physical ID card to Nigeria’s citizens, a digital identity and technology solutions company, , UrbanID Global, has said. The company which acknowledged current efforts by the President Bola Tinubu’s administration to improve enrolment of citizens and legal residents of the country and…
Managing Director, Private Clients, Henley & Partners, Troy Hanley, has said contrary to believe that investment migration is just about relocating out of the country, it is indeed about securing the future in the long term. Henley & Partners is a global leader in residence and citizenship planning. Speaking at a webinar ahead the company’s…
As Nigeria’s banking sector undergoes significant reforms, officials of the Nigeria Deposit Insurance Corporation (NDIC) have been cautioned to be vigilant, especially in their dealings with bank shareholders. His Royal Highness Luka Ayedo Nizasaan (III), the Etsu Kwali, gave the advice during the NDIC’s Special Day at the 19th Abuja International Trade Fair on Monday,…
TRANSPARENCY and accountability in the digital technology space remained a challenge as the carbon footprint and energy consumption of the sector is growing with global demand for hardware, network services, data storage and emerging technologies. This is according to a report co-authored by the International Telecommunication Union (ITU) and the World Benchmarking Alliance (WBA). ITU…
THE Association of Mega Filling Station Owners of Nigeria (AMFSON) has called for a stronger partnership between the association and the management of the Nigerian National Petroleum Company (NNPC) Limited. The Association said it can transport fuel to the 774 local government headquarters in the country at a cheaper rate in order to make the…
CLOUD-NEUTRAL data centre, Rack Centre, has reaffirmed its commitment to contributing to Nigeria’s digital economy by expanding its state-of-the-art data centre facilities and creating more digital jobs. This development, according to the company, is aimed at enabling sustainable digitization and fostering job creation. Speaking on the expansion and the company’s strategic focus of driving efficiency…
OIL prices rose yesterday on fears of a widening conflict in the Middle East curtailing Iranian crude supply, but prices were headed for a third straight monthly loss because of concerns about waning global demand. Brent crude futures for November delivery, expiring yesterday, gained 1 cent to $71.00 a barrel. The more actively traded Brent…
THE Petroleum Tanker Drivers Branch (PTD) Branch of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has commended President Bola Ahmed Tinubu’s administration renewed commitment to ensure motorable federal highways across the country. The Union, a communique, also commended efforts by the government to ensure stability in supply of petroleum products. The Union,…
