Technology & Business

Technology & Business

INTERNATIONAL Technology & Business

Google is to be fined a record 4.3 billion euros ($5bn; £3.8bn) over its Android operating system, the BBC has learned. The European Commission’s action followed a three year probe into claims the firm’s mobile device strategy had ...
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COVER NEWSLETTER Technology & Business

Mastercard introduces a patent to manage “fractional reserves of blockchain currency.” While no products have been brought to market, the technology could speed up blockchain transactions. Bitcoin bull Tom Lee says this is good news as it validates ...
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INTERNATIONAL NEWSLETTER Technology & Business

Jeff Bezos, founder of Amazon, American electronic commerce and cloud computing company based in Seattle, Washington has reached a net worth of $150 billion. TheNewsGuru reports Jeff Bezos reached the $150 billion net worth to become the wealthiest ...
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BUSINESS & ECONOMY ENTERTAINMENT & THE ARTS Technology & Business

For two days, American investors and chieftains from the technology and entertainment sectors of the US and indeed global economies took turns to listen and actively interact with Vice President Yemi Osinbajo, SAN, and the Nigerian delegation drawn ...
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BUSINESS & ECONOMY SCIENCE AND TECHNOLOGY Technology & Business

The Nigerian government is resolute in creating an enabling environment where digital economy opportunities are not just theoretical but become real, the Minister of Industry, Trade and Investment, Dr Okey Enelamah has said. According to the minister, the ...
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COVER Technology & Business

Vice President Yemi Osinbajo has had a fireside chat with Mr. Allen Blue, Co-Founder of LinkedIn, where he assured him that Nigeria was open to business. Osinbajo arrived in California where he will be headlining a number of ...
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Facebook
INTERNATIONAL NEWSLETTER Technology & Business

Facebook CEO Mark Zuckerberg is now the third richest man in the world, overtaking Warren Buffett on Bloomberg’s list of the world’s richest people. Zuckerberg passed Buffett Friday as Facebook shares rose 2.4 percent, Bloomberg reported. Above Zuckerberg ...
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Only One Local Bank Uses Nigerian Domain – NIRA

Money deposit banks are still reluctant to register their domains on .ng, Nigeria’s Code Top Level Domain (ccTLD), preferring instead foreign domains, despite several years of lobbying and campaigns by Nigeria Internet Registration Association (NIRA) the custodian of ...
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Facebook
Technology & Business

Facebook said on Tuesday it was easing a ban on ads for cryptocurrencies while keeping a prohibition on initial coin offerings to raise assets. The move comes five months after the leading social network said it was banning ...
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SCIENCE AND TECHNOLOGY Technology & Business

Facebook is ending a program launched in 2014 to build a fleet of drones that could deliver internet to underserved areas of the world. The huge social network said it has not abandoned the idea of using high-altitude ...
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Vibranium
COVER NEWSLETTER Technology & Business

The Federal Government has assured investors, both local and international, of improved business climate in the country through robust and efficient policies. The Vice President, Prof. Yemi Osinbajo, who stated this in Lagos, yesterday, while commissioning a technology ...
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Flashkey
BANKING & FINANCE Technology & Business

Fidelity Bank Plc, has launched an innovative solution designed primarily to allow customers send money and pay bills using their phone keyboards without recourse to the online banking platform installed on their mobile devices. The solution known as ...
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BANKING & FINANCE Technology & Business

Swiss-based BIS says cryptocurrencies have design flaws  Blockchain can’t handle or replace current payment system load The Bank for International Settlements just told the cryptocurrency world it’s not ready for prime time — and as far as mainstream ...
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Mastercard
Technology & Business

Mastercard announced today that Salah Goss has been appointed as Head of the Mastercard Labs for Financial Inclusion, based in Nairobi, Kenya. Salah brings extensive experience in financial inclusion specializing in mobile enabled solutions, agent banking and community-managed ...
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Mastercard
Breaking News NEWSLETTER Technology & Business World Cup 2018

Facing an escalating backlash, Mastercard has scrapped a charity initiative to donate 10,000 meals to hungry children for every goal scored by Argentina forward Lionel Messi and Brazil counterpart Neymar. Even Brazil coach Tite, whose team is sponsored ...
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BUSINESS & ECONOMY NEWSLETTER Technology & Business

The Lagos Chamber of Commerce & Industry (LCCI) has unveiled the logo and the dates of the fourth edition of the Information Communication Technology Exhibition (ICTEL EXPO) 2018. The event, which has the theme ‘Developing Efficiency and Competitiveness in ...
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Zidane
Technology & Business

Zinedine Zidane has shocked the football world by resigning as Real Madrid coach just days after winning a third consecutive Champions League with the La Liga giants. At a news conference scheduled at short notice on Thursday, the ...
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BANKING & FINANCE Technology & Business

Union Bank Plc has announced the deployment of the innovative Robotic Process Automation (RPA) technology in its operations. The bank explained that the move would set it apart from its counterparts in the industry. The new technology was ...
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Toshiba
SCIENCE AND TECHNOLOGY Technology & Business

Tech giant, Toshiba Corporation, on Thursday said that China regulators have approved the $18 billion (13.3 billion pounds) sale of its chip unit to a consortium led by U.S. private equity firm Bain Capital, marking the end to ...
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Facebook
Technology & Business

Facebook said Monday it has suspended “around 200” apps on its platform as part of an investigation into misuse of private user data. The investigation was launched after revelations that political consulting firm Cambridge Analytica hijacked data on ...
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