FBNQuest, the investment banking and asset management subsidiary of FBN Holdings Plc, says it has reinforced its commitment to empowering women in collaboration with HerVest NG, a social enterprise providing financial inclusion for women. HerVest is an inclusive digital platform providing financial growth services to under-served and excluded African women […]
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Samsung and Western Digital Begin Far-reaching Collaboration to Drive Standardization of Next-generation Storage Technologies for Broader Ecosystem Support and Customer Adoption
Companies to first lead standardization of Zoned Storage technology; Cooperative efforts include developing and promoting hardware specifications and software application models to build a robust ecosystem Samsung Electronics Co., Ltd. and Western Digital (Nasdaq: WDC) today announced that they have signed a memorandum of understanding (MOU) for a unique collaboration […]
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Nigerian on-demand delivery startup ShapShap secures seed extension
Nigerian on-demand delivery startup ShapShap has secured a seed extension investment from V8 Capital Partners as it bids to expand its capabilities and move into more markets. Founded in 2019, ShapShap is an on-demand motorbike delivery service that utilises data and mobile technology to formalise the fragmented and highly inefficient same-day delivery […]
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CBN fines three banks N800m over crypto transactions
The Central Bank of Nigeria has imposed an N800m fine on three Deposit Money Banks in the country for violating regulations barring customers from transacting in cryptocurrencies. According to a Bloomberg report released on Wednesday, the three banks are Access Bank Plc, Stanbic IBTC, and the United Bank for Africa […]
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Wema Bank’s assets cross N1tn mark
Wema Bank Plc has said that it recorded over N1 trillion total assets as of the end of December 31, 2021. In a statement from the bank, the Managing Director, Mr Ademola Adebise, said, “I am delighted to announce our performance for the year ended 31st December 2021. “The bank’s […]
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Bitcoin Community can now buy NFTs to support global philanthropic projects
The Built with Bitcoin Foundation has partnered with Satoshibles to enable Bitcoin purchase of NFTs to fund future humanitarian initiatives The Built With Bitcoin Foundation,a humanitarian organization powered by Bitcoin, announced that it is working alongsideSatoshibles NFT, to raise funds for the foundation’s on-going efforts to build schools and communities […]
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5G will cover major urban cities by 2025 –Pantami
THE Minister of Communications and Digital Economy, Isa Pantami, has said the national 5G policy is designed to ensure the effective deployment of 5G in major urban areas by 2025. He disclosed this at the second edition of the Policy Implementation Assisted Forum which focused on the national policy on […]