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The Jos Electricity Distribution (JED) has announced a planned power outage for its customers in Plateau, Bauchi, and Gombe States. The outage will last from August 28 to September 2, between 9 a.m. and 5 p.m. The Transmission Company of Nigeria (TCN) has scheduled the outage to allow its contractors to make installations in the area.
First Bank of Nigeria has unveiled its second fully automated branch, the FirstBank Digital Xperience Centre (DXC), at the University of Ibadan. The state-of-the-art hub aims to revolutionize the banking industry by providing customers with world-class innovative banking services. With a range of modern banking facilities and cutting-edge technology, the DXC is designed to meet the growing needs of consumers and enable them to navigate the digital landscape with confidence.
The Nigerian Insurers Association (NIA) has reported a significant growth of 15.55% in the volume of business written by the industry in 2019. Despite the challenging business environment, the insurance sector performed its role of financial intermediation and business restoration. With strategic initiatives like financial inclusion, micro-insurance, and industry rebranding, the NIA aims to further deepen insurance penetration and encourage wider public participation. These efforts, combined with the adoption of technology and remote working in response to the COVID-19 pandemic, position the Nigerian insurance industry for future growth and resilience.
Spain's national women's football team, inspired by Aitana Bonmati's brilliance, secured their place in the quarter-finals of the 2023 FIFA Women's World Cup with a convincing 5-1 victory over Switzerland. Bonmati scored twice, joined by Alba Redondo, Laia Codina, and Jennifer Hermoso on the scoresheet. Spain's dominant performance showcased their offensive prowess and marked an important milestone in their football history.
The Nigerian Communication Commission (NCC) has reaffirmed its commitment to promoting clean and sustainable energy adoption in the telecommunications sector. Recognizing the importance of reducing carbon emissions and safeguarding the environment, the NCC aims to encourage the use of renewable and ethical energy sources. Through collaboration with academia and industry stakeholders, the Commission aims to drive research and innovation in alternative clean energy solutions that can power the telecom industry efficiently and contribute to a greener future.
Elanorris, a leading property development company, is celebrating its remarkable 3rd year anniversary. Since its inception, Elanorris has strived to provide exceptional services to clients and establish itself as a trusted name in the real estate industry. The CEO, Mr. Ayobami Alo, expressed his gratitude to the dedicated team, supportive clients, and partners who have played a significant role in their success. Elanorris has won multiple awards and is committed to raising the bar in the real estate sector through innovation and adaptive strategies.
The Nigeria Computer Society (NCS) is organizing an international conference to review the development in the telecom sector and focus on communication e-systems and innovative systems. The conference will bring together over 1,500 stakeholders in the sector to make vital decisions for IT growth in the country. NCS aims to appreciate the governor of Bauchi state, who is the Chief Host of the occasion. The conference will cover five thematic areas, including communications technologies, technology governance, e-systems for the smart city, e-government and e-business, e-culture and digital society, and e-health. The NCS president also pledged to support the National Population Commission (NPC) in conducting the first digital Population and Housing Census in Nigeria.
FBNQuest, a leading investment bank and asset manager, recently hosted a webinar on achieving sustainable growth in equity-based investments. The session provided valuable insights into investment opportunities and strategies for long-term capital growth. The panel of experts discussed the importance of aligning investment objectives with risk tolerance and liquidity requirements. The FBN Smart Beta Equity Fund was highlighted as an efficient way to get exposure to equities, with its strong performance attributed to recent policy actions by the Nigerian government. Overall, the webinar emphasized the potential for sustainable growth in the Nigerian equity market.
The Association of Meter Manufacturers of Nigeria (AMMN) has voiced its opposition to the World Bank-funded bid process for the supply and installation of 1.2 million smart electricity meters. The association argues that the meter importation project contradicts the Federal Government's backward integration policy and goes against the contract agreements with its members. They have called for the suspension of the bid process and urged the authorities to honor the pending contract for the supply of four million meters awarded to local meter manufacturers.
Nigerian Exchange Limited (NGX) CEO, Temi Popoola, emphasized the importance of a harmonised regulatory environment and smart infrastructure in driving Africa's competitiveness in the global market. Popoola made these remarks during a Capacity Building/Sensitisation program on the West African Capital Markets Integration (WACMI) Phase 2 Project. The project aims to integrate the West African Capital Markets using innovative technology and establish a harmonised regulatory environment for the issuance and trading of financial securities across the region. Popoola highlighted the need for capacity building and adaptation to the fourth industrial revolution to ensure Africa's progress.
Former Senator Smart Adeyemi, who represented Kogi West Senatorial District, has expressed his intention to approach the Court of Appeal following the dismissal of his suit seeking to nullify the All Progressives Congress primary election. Justice James Omotosho of the Federal High Court in Abuja dismissed the suit for lack of substantial evidence. This article explores the details of the case and Adeyemi's decision to take the matter to the Court of Appeal.
Huawei has announced plans to launch a complete set of commercial 5.5G network equipment in 2024, ushering in the 5.5G era for the ICT industry. The company aims to enhance network capabilities and meet the demands of next-generation services. With this new technology, users can look forward to unprecedented immersive experiences and significant advancements in network performance.
Latest news summary in Nigeria
In this article, we explore the potential of blockchain technology in revolutionizing data management in welfare programs in Nigeria. Blockchain offers a secure and transparent platform for managing and distributing welfare funds, ensuring that they reach the intended beneficiaries efficiently.
In this article, we explore how technology is playing a crucial role in promoting sustainable water harvesting practices. From smart irrigation systems to rainwater harvesting techniques, discover how innovative solutions are helping conserve water and address water scarcity.
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