Homenews

  • DUBAI STORE: NO CASHIER, NO CASH

    • September 9, 2021
    • Posted by: admin
    • Category: Latest News
    No Comments

    Carrefour City and launches in Dubai, the first store of its kind in the Middle East with no cashiers and no cash. It’s located in Mall of the Emirates.You access the store by downloading the MAF Carrefour app, grab what you’re looking for, which will be automatically added to your digital shopping cart, and pay

    read more

  • Naira hits all-time low of 543 against Dollar.

    • September 9, 2021
    • Posted by: admin
    • Category: Digital Economy, Economy
    No Comments

    The naira on Thursday continued its downward spiral on the parallel market, selling for N543 to the dollar on Thursday. While bureau de change operators in Abuja bought dollar at N540, it was sold for N543. The British Pound was also sold for £1/N740. The development comes 44 days after the Central Bank of Nigeria

    read more

  • FIRS writes National Assembly, seeks exclusive power on VAT

    • September 9, 2021
    • Posted by: admin
    • Category: Digital Economy, Latest News
    No Comments

    The Federal Inland Revenue Service, FIRS in a desperate bid to retain the collection of the Value Added Tax, has written the National Assembly, seeking the inclusion of VAT collection in the exclusive legislative list. The federal tax agency is also requesting the federal lawmakers to approve for it, the establishment of the Federal Revenue

    read more

  • AfCFTA: Osinbajo Reveals Opportunities For Insurance Industry, Urges Operators To Take Advantage.

    • September 9, 2021
    • Posted by: admin
    • Category: Digital Economy, Economy, Insurance & Pensions
    No Comments

    The Vice President of Nigeria, Yemi Osinbajo has called on insurance operators in Nigeria to take advantage of the huge opportunities in the African Continental Free Trade Area (AfCFTA). Osinbajo who made the call virtually at the Gala Night for the installation of Mr. Tope Smart as the 47th African Insurance Organisation (AIO) stated that

    read more

  • GDP rising, inflation falling, yet poverty worsening – Rewane Bismarck

    • September 9, 2021
    • Posted by: admin
    • Category: Digital Economy, Economy
    No Comments

    The Chief Executive Officer of Financial Derivatives Company Limited, Mr Bismarck Rewane, has said Nigeria’s Gross Domestic Product is rising and inflation rate is falling, but more people are living below the poverty line. Rewane, a member of the Presidential Economic Advisory Council, said this at this month’s edition of the LBS Breakfast Session in

    read more

  • Legal committee shortlists 130 lawyers for SAN

    • September 9, 2021
    • Posted by: admin
    • Category: Digital Economy
    No Comments

    The Legal Practitioners Privileges Committee has shortlisted the names of 130 lawyers to be awarded with the rank of Senior Advocate of Nigeria. The LPPC listed the shortlisted candidates in newspaper publications on Wednesday.The acting Chief Registrar of the Supreme Court and Secretary of the LPPC, Haji Bello, stated that the successful candidates emerged from

    read more

  • FG May Soon deploy 5G Networks In Nigeria.

    • September 9, 2021
    • Posted by: admin
    • Category: Digital Economy, Latest News
    No Comments

    Indications emerged in Abuja yesterday that the Federal Government may soon deploy the much awaited 5G networks into the Nigeria Digital Economy. Already, the Federal Government has approved a national policy on 5G networks for Nigeria’s digital economy. This was following a presentation by the Minister of Communications and Digital Economy, Isa Pantami, during a

    read more

  • Tope Smart: A Quintessential leader Becomes 47th AIO President.

    • September 9, 2021
    • Posted by: admin
    • Category: Insurance & Pensions
    No Comments

    By Julius Elusakin The African Insurance Organisation held her 47th Conference and Annual General Assembly this week (4- 8 September 2021) in Lagos after the global pandemic denied one of the continental largest associations from holding the event in 2020. The Association which came into being in the year 1972 in Mauritius with the objectives

    read more

  • How to Know When Someone is Stealing Your Electricity

    • August 19, 2021
    • Posted by: admin
    • Category: Energy
    No Comments

    Have you ever had your electricity units run out so fast that you were sure someone else was using them with you? Your hunch might just be right. About 40% of generated electricity in Nigeria is lost to electricity theft. So even if you may not be stealing electricity, someone else might be “tapping” from

    read more

  • Hackers steal 40m people’s data from T-Mobile

    • August 18, 2021
    • Posted by: admin
    • Category:
    No Comments

    T-Mobile U.S. Inc on Wednesday reportedly said an investigation into a data breach revealed that personal data, including social security numbers of its more than 40 million former and prospective customers was stolen by hackers. The stolen files also included data from 7.8 million existing T-Mobile wireless customers, drivers licences of customers, dates of birth,

    read more