Oil prices climbed by more than one per cent on Monday as top importer China flagged its first move toward a loosened monetary policy since 2010 aiming to bolster economic growth, state media reported citing a Politburo meeting, themorningstar.com.ng reports citing Reuters. Brent crude futures were up 84 cents, or 1.18per cent, to $71.96 per…
Leading ICT solutions provider Task Systems, in collaboration with Microsoft, has hosted an event that left an indelible mark on its business partners. The event, a masterclass in leveraging technology for competitive advantage, was designed to explore the transformative potential of Microsoft Copilot. The gathering brought together industry experts, thought leaders, and decision-makers, all eager…
In another significant stride towards empowering students with requisite skills to thrive in the global technological landscape, TD Africa has formed an alliance with the global ICT leader, Huawei, to establish an Information, Communication, and Technology (ICT) hub at Kingsley Ozumba Mbadiwe University (KOMU), Owerri. During the official launch of the ICT Academy held in…
After months of negotiation, partnership, and unwavering commitment from donor community, the 21st replenishment of the International Development Association (IDA) has raised $24 billion in donor contributions, the World Bank President, Ajay Banga has said. According to him, with IDA’s unique leveraging model, this $24 billion will generate a total of $100 billion in affordable…
With global cocoa prices surging to $10,000 per ton, the market value of Nigeria’s cocoa industry which comprises 250,000 tons in annual volume estimated to be over $6 billion could reach $25 billion, according to stakeholders. Stakeholders spoke about the potential of cocoa industry to transform the economy during the 25th anniversary and awards ceremony…
Oil major, Shell has restated commitment to the development of Nigerian companies through contract awards and scaling up of expertise. The commitment was given at the 13th edition of the Practical Nigerian Content forum in Yenagoa, Bayelsa State where Shell companies in Nigeria are among more than 700 oil and gas entities taking part. The…
A civic digital rights group, Paradigm Initiative (PIN), has blamed lack of sincerity of purpose among others, for the failure of the linkage of National Identity Number (NIN) with Subscriber Identity Module (SIM) cards to address criminal activities, especially kidnap-for-ransom. Speaking in Lagos with reporters as part of activities marking end of the year, Executive…
Airtel Nigeria’s leadership team has demonstrated outstanding excellence in innovation and technology as two of its directors were honoured with three prestigious awards at the 5th edition of the CIO & C-Suite Awards, held at the Civic Centre, Victoria Island, Lagos. The annual awards, organized by CIO Club Africa, celebrates outstanding achievements in technology and…
The National Information Technology Development Agency (NITDA) has said major big foreign tech companies operating in Nigeria, such as Microsoft, Google, TikTok, and other social media platforms, remitted a total tax of N2.55 trillion ($1.5billion) during the first half of the year, according to data released on the agency’s X handle. A statement signed by…
