UBA donates N500m cash to Lagos security fund

United Bank for Africa (UBA) through UBA Foundation, its corporate social responsibility arm, has donated the sum of N500 million to the Lagos State Security Trust Fund (LSSTF), as part of its continued commitment to secure environment for individuals and businesses The N500million cheque was presented to the Lagos State Governor, Babajide Sanwo-Olu, by the…

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LG unveils ‘mosquito away’ inverter AC

LG Electronics has launched its Dual Inverter Air Conditioner with “Mosquito Away” feature in Nigeria to fight the menace of malaria, marking a new era in air conditioning technology. Designed to deliver efficient cooling while ensuring a mosquito-free indoor environment, the Mosquito Away AC is a first-of-its-kind solution in the market. The Mosquito Away feature,…

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RapidCanvas secures $16m to tackle tech talent paucity

As Artificial Intelligence (AI) adoption accelerates, a critical shortage of technical talent threatens to bottleneck progress for many companies. RapidCanvas is breaking this barrier by democratizing AI-driven business transformation. Today, the company announced a $16million funding round for its AI agents that automate up to 75per cent of complex tasks traditionally performed by data scientists…

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MTN pushes for digital transformation at Bi-National Commission

MTN Group has reaffirmed its dedication to advancing digital transformation and fostering inclusive growth during the 11th South Africa-Nigeria Bi-National Commission held in Cape Town, South Africa. This event highlighted the enduring partnership between the two largest economies in Africa and provided a platform to accelerate collaboration in critical areas. Group President and CEO Ralph…

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Rack Centre welcomes TelCables Nigeria to boost digital connectivity

Rack Centre, the leading Tier III Carrier and cloud-neutral data centre in the West African region, has expanded its reach of available interconnection services with TelCables Nigeria, a subsidiary of Angola Cables, which opened a new Point of Presence (PoP) at its facility. The presence of TelCables Nigeria, a subsidiary of global ICT solutions and…

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BoI disburses N22.89b intervention fund, eyes SMEs for growth

The Bank of Industry (BoI) said it has disbursed N22.89 billion out of the N75 billion manufacturing sector intervention fund to 29 manufacturers across Nigeria.Its Managing Director, Dr Olasupo Olusi, made disclosed this on Tuesday in Abuja during his first interactive session with the organised private sector (OPS) streamed online.Dr Olusi also said an additional…

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