Instant bank transfers rise to N41.48tn in five months

in Information and Communication Technology

The value of transactions via the Nigeria Interbank Settlement System Instant payment system rose to N41.48tn in five months of this year as banks, fintechs and telecommunications companies intensify efforts to deepen financial inclusion. This is a 36 per cent increase in the value on the transactions compared with N30.448tn transactions in the first five months of 2018. Similarly, the volume of transactions on NIP increased by 35 per cent, analyses of data on electronic payment transactions obtained from the Nigeria Interbank Settlement System showed. Huge investment of financial institutions in technology that drives digital banking continues to yield results as further analysis...

06 June

0 Comments

Sticky

Nigeria Can Raise World-class MSMEs with Digital Technology

Posted by Prince Joel Esq

in Financial Sector, Information and Communication Technology

Globacom has said that with the right application of technology like digital technology, micro, small and medium sized enterprises (MSMEs) in the country can overcome present limitations and leapfrog into the global business arena. Globacom’s Head, Oil and Gas Business Solutions, Adekunle Adeleke, who made the disclosure at the recent African Food and Products Exhibition, which held in Lagos, called on the MSME operators to adopt various digital solutions offered by the company to improve their businesses and position themselves for competitiveness even outside the country. The event, which was organised by the Nigerian-American Chamber of Commerce, was supported by Globacom. Adeleke said...

03 April

0 Comments

Sticky

CWG boss, harps on building viable digital economy.

Posted by Prince Joel Esq

in Information and Communication Technology, Investment

Mr Adewale Adeyipo, Ag. CEO/MD CWG Plc, joined other African Leaders recently in discussions that would allow the continent edge further towards building a more viable digital economy; which will ultimately turn Africa into a Technology driven knowledge-based economy. Adeyipo lent his voice to the clarion call, while participating at the 7th edition of the Africa CEOs Forum, holding in Kigali, Rwanda. He advocated for an inclusive ecosystem that can aid technological development on the continent. Adeyipo argues that Africa’s labour market is currently being disrupted as over 65 percent of primary school children today are likely to work, in the next...

27 March

0 Comments

Sticky

FG unveils PEBEC app to boost business environment

Posted by Prince Joel Esq

in Information and Communication Technology

Minister of trade and investment, Mr. Okechukwu Enelamah PHOTO: PHILIP OJISUA The Federal Government has launched a trade app(PEBEC) to improve the business climate in Nigeria, especially for the Micro, Small and Medium Enterprises (MSMEs), in line with the Ease of Doing Business (EoDB) initiative. The launch of the app followed a World Bank report 2019, which indicated that starting a business, electricity, paying taxes, and enforcing contracts are among areas with improved business regulatory framework. Similarly, Sub-Saharan Africa (SSA) is said to have witnessed the largest number of reforms since 2012, with 107 business climate reforms across 40 countries between 2018 and...

13 February

0 Comments

Sticky

POSITIONING FOR BREXIT

Posted by Prince Joel Esq

in Financial Sector, Information and Communication Technology, Safety and Security, Seminars/Trainings

Here comes a wonderful opportunity again for you! as you register for the 2019 ADVOCACY Breakfast Meeting offered by: UNITED KINGDOM (UK) -TO BUSINESSES IN AFRICA (ABM) February 21 2019. ADVOCACY BREAKFAST MEETING (NIGERIA) POSITIONING FOR BREXIT The law firm of Prince Joel & Associates, owners of Immigrationlawyernigeria.com (ILN) on behalf of Nigerian-British Chamber of Commerce (NBCC), warmly invites you to join the right thinking leaders and business-men for the 2019 ADVOCACY BREAKFAST MEETING about the positioning for BREXIT which will commence on Thursday, February 21, 2019 at Function Room 1, Oriental Hotel, Victoria Island, Lagos. The time allocated...

05 April

0 Comments

Sticky

NOVO INIZIO CONSULTANTS LLC, UNVEILS WEEKLY IMMIGRATION CLINIC SESSIONS IN LAGOS

Posted by Prince Joel Esq

in Events, Information and Communication Technology, Investment, Real Estate, Tourism, Visa

Worried by the influx of touts, who have completely and effectually taken over visa application and immigration related services from professionals in Nigeria, and in return offered poor and abysmal immigration related services to visa Applicants with the attendant consequence of perpetual increase in the percentage of number of visa denials from foreign embassies, High Commissions and consulates, one of the top immigration and business law firms in Nigeria, Prince Joel & Associates , in partnership with NOVO INIZIO CONSULTANTS LLC, a US based firm, on the 5th of April 2018 at no. 5a Dozek Close, Off Alternative Route, Chevron...