Nigeria Attracts More Investments than Other African Countries as Huawei Invests $76M?
Huawei technologies Company Nigeria Limited, a leading tech company in the Nigerian telecoms markets says it has made a total investment of $76 million in the country. The managing Director, Mr Trevor Liu said this to Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning in Abuja, he also mentioned the company made procurements worth $630 million with a tax revenue of $103 million between 2016 and 2019.
FG’s Self-Certification Directive, an Inexcusable Blunder?
The Government, last week announced a new directive that ordered all bank account holders with financial institutions in the country to obtain, complete and submit a new self-certification form or face monetary penalties and inability to operate accounts.
Is The Nigerian Government Playing Catch Up? FG Expands Collaborations with Investors as Facebook Plans To Open Office in Lagos
Yemi Osinbajo, Vice President of the Federal Republic of Nigeria on Friday during a chat focused on the digital economic pillar of the Nigerian Economic Sustainability Plan, NESP with Facebook’s Vice President on Global Affairs and Communications, Sir Nick Clegg restated the Federal Government’s determination to boost the nation’s technology sector and digital economy.
StarTimes Brings Online Shopping To TV- What We Didn’t Know We Needed?
StarTimes, a leading TV company in Nigeria has launched StarTimes GO, a 24-hour channel dedicated to e-shopping. Supposedly, this initiative will help establish the digital lives of Nigerians giving the recent global pandemic that has forced everyone to adjust to new ways of living.
ICT In Nigeria Has Come A Long Way but Do We Really Need a Special Day to Celebrate? Zinox Founder Asks For Tech Independence
Leo Stan Ekeh, Founder and Chairman of the Zinox Group urged the Federal Government to declare October 1, 2020, Nigeria’s technology Independence Day. He made this declaration based on the strides made by Nigeria in Information and Communication Technology (ICT).
Toyota is set to invest $800M in Automation, AI, Connectivity and Others?
Reports have it that Toyota, the Japanese multinational automotive manufacturer is creating a new $800 million global investment fund designed to support growth stage companies that develop innovative technologies in automation, AI, machine learning, data and analytics, connectivity and smart cities; and as such is transitioning from good old fashioned car making to an extensive focus on technological advancements.
$3.1 Billion for the Automation of the Nigerian Custom Service set To Increase the Sector’s Revenue
The Federal Government has approved $3.1 billion for the complete automation of the Nigerian Custom Service (NCS) in order to enhance the agency’s mode of operation using information and technology in all aspect of its administration.
NIPOST Wants To Build Smart Offices in Nigeria- Is There a Need For This?
The Nigerian Postal Service will start opening smart offices across the country in line with the new digital economy policy of the Federal Government, says Dr. Ismail Adewusi, the Postmaster General of the Federation during an interview in Ibadan, Oyo State.
Pay in 4- PayPal’s Entry into the Growing Buy-Now-Pay-Later Scheme but with a Twist that May Interest Nigerians
PayPal recently launched Pay in 4, a short term interest free instalment offering for merchants in the US. Pay in 4 is a payment process that makes it possible for merchants to get paid upfront while customers pay for purchases that cost between $30 and $600 in four installments over a 6-week period with no fees or interest. The online finance service says this product can help merchants drive conversion, revenue and customer loyalty without taking on additional risk or paying any additional fees.
The Risk of Expansion Pays off or Maybe Not- Klarna’s Sevenfold Jump in Losses
Klarna the $5.5 billion Swedish fintech known for its ‘buy now, pay later” scheme has racked up a net loss of 522 million Swedish krona ($59.8 million) between January and June, a sevenfold increase from the same period since last year, CNBC reported.
- Nigeria Attracts More Investments than Other African Countries as Huawei Invests $76M?
- FG’s Self-Certification Directive, an Inexcusable Blunder?
- Is The Nigerian Government Playing Catch Up? FG Expands Collaborations with Investors as Facebook Plans To Open Office in Lagos
- StarTimes Brings Online Shopping To TV- What We Didn’t Know We Needed?
- ICT In Nigeria Has Come A Long Way but Do We Really Need a Special Day to Celebrate? Zinox Founder Asks For Tech Independence