The Lagos State Government has announced that it will launch a N10 billion Public-Private Partnership (PPP) Aquaculture Centre of Excellence (LACE) in Igbonla, Epe. The State Governor, Mr Babajide Sanwo-Olu announced on Tuesday during a public function where he was represented by his deputy Dr Obafemi Hamzat. The governor said…
Author: Oluwasegun Olukotun
Organisers of one of the world’s biggest gatherings CES have announced that the 2021 edition will be an online-only event. Las Vegas plays host to the event in January and attracts many of the world’s biggest technology companies. The event is seen by many as a curtain-raiser to a year…
Twitter has suspended Donald Trump Jr for posting misleading and potentially harmful information” about coronavirus. According to reports, the President had share the same tweet but no longer appears and has been replaced with a message that it is “no longer available,” however; he is still able to tweet. The…
Qualcomm has revealed that it is substantially boosting its Quick Charge technology such that it will be able to plug in and get a device with a 4,500mAh battery from 0 to 50% in five minutes and from empty to 100% in 15 minutes. The company has also that the…
MultiChoice Group (MCG) and The Walt Disney Company Africa announced on Monday that they have signed an exciting partnership, which will see a significant addition to the sports available to its customers across the continent. The agreement will result in two 24-hour ESPN channels being made available to DStv customers…
Nigerian firm Origin Automotive Works has launched an app, ‘Tractor on the Go’ (TOG) to enable farmers to access modern agricultural facilities and equipment such as tractor, sprayer, planters, and harvesters. The technology firm hopes this will go a long way to revolutionise the agricultural sector, most importantly, enhancing farming…
TikTok has launched a $200 million TikTok Creator Fund to help enterprising creators who are seeking opportunities to cultivate a livelihood through their innovative content. The application process will be opened in August to users in the US who are above 18 and who have accounts that consistently posts original…
The National Information Technology Development Agency (NITDA) has created the first ICT Consumer protection forum in Nigeria to help citizens express their grievances as it relates to indigenous IT product and services, and settle such in a non-litigious manner. The DG of NITDA, Mallam Kashifu Inuwa, was represented by ITIS…
Autonomous car company Waymo LLC and Fiat Chrysler Automobiles are augmenting their autonomous vehicle partnership to commercial vehicles. As part of the latest development, Fiat Chrysler on Wednesday disclosed that going forward, it will develop fully self-driving vehicles exclusively with Waymo. Both companies said they will partner to develop self-driving…
The Central Bank of Nigeria (CBN) has shelled out over N300 billion to assist operators in the Small and Medium Enterprises space, including the Healthcare, Agriculture, and Manufacturing sectors to abate the effects of the Coronavirus pandemic on their businesses. The Central Bank of Nigeria disclosed this in a communique…
The Nigerian Communications Commissions (NCC) has begun the implementation of the Accounting Separation Framework (ASF) in the Nigerian telecoms industry effective from July 15, 2020. This move is in concordance with the commission’s commitment to the creation of an enabling environment for competition among operators in the industry to ensure…
American multinational e-commerce corporation disclosed on Tuesday that it is selling its classified ads business for $9.2 billion in cash and stock to Adevinta, a fellow online retailer based in Norway. The deal follows eBay’s significant slimming down of its operations in recent years, which started with the spinoff of…
Bolt has launched a low-cost-hailing service Bolt Go in South Africa. This new service cuts 20% off Bolt’s normal offering. The company said that Bolt Go reduces the limitations to penetrate the South African ride-hailing industry by allowing owners and drivers of smaller hatchback cars to access the Bolt platform…
Cameroon has commissioned its first center for research in Information and Communication Technologies (ICT) – the first-ever in the central African sub-region. The center named the Terry and Linda Byrd Research Center, is hosted by a privately-owned ICT University based in the capital, Yaounde. According to Terry and Linda Byrd,…
Access Bank has announced it has completed the acquisition of Transnational Bank Plc, of Kenya, TNB barely nine months after its board approved the plans to acquire a Kenya-based financial institution. The acquisition followed after full regulatory approvals and fulfillment of all conditions precedent to the completion. The bank made…
TikTok is considering different locations for its new headquarters and London has been touted to be one of those locations. The short video platform is in discussions with the UK government to relocate its headquarters to London following the heavy scrutiny it is facing in Washington. Reports say it is…
The Nigerian Senate is set to confirm the Executive Vice Chairman (EVC) and Chief Executive Officer (CEO) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta for his reappointment by the President for another five-year term in office as the country’s chief telecoms regulator. This followed the acknowledgment of…
Two Nigerian banks Stanbic IBTC and Zenith Bank are planning to reduce the amount their customers can spend abroad using debit cards. The banks have come out to say that the move is pertinent as banks are trying to limit foreign currency settlement risk. Nigeria is currently facing dollar shortages…
Nigerian singer and songwriter Mr. Eazi (real name Oluwatosin Ajibade) is launching a fund that will invest in Africa’s future stars in the music industry. The award-winning singer in an interview with CNN said that the Africa Music Fund (AMF), is worth 20 million dollars. He also disclosed that the…
Sony Corp. has revealed it is roughly doubling the production of its PlayStation 5 to 10 million in response to a surge in demand attributed to the effects Covid-19 pandemic boosting. Sony reportedly briefed its assembly partners and suppliers that it is aggressively increasing orders for its next-generation console. Reports…