Techeconomy

04/04/2024

Five Emails You Should Delete Immediately

Amidst the daily influx of emails flooding into your inbox, it’s crucial to remain vigilant for signs of potential cyber threats. Keep a lookout for these seemingly innocent phrases that could spell trouble for your cybersecurity.

Trevor Cooke, the online privacy expert at EarthWeb, identifies five phrases you can search for in your inbox to w**d out dangerous messages.

Emails claiming that your account will be suspended unless immediate action is taken should raise suspicion.

04/04/2024

Breaking: Arraignment of Binance, Executives Suffers Setback

Nigerian government’s case against Binance and its executives is being heard by Justice Emeka Nwite of a Federal High Court, Abuja.

When the matter was called on Thursday, only Tigran Gambaryan, a Binance executive, was represented by a lawyer.

Nigerian government's case against Binance and its executives is being heard by Justice Emeka Nwite of a Federal High Court, Abuja.

04/04/2024

Sophos Partners with Tenable to Introduce New Managed Risk Service

Sophos, a global leader of innovative security solutions that defeat cyberattacks, has entered into a strategic partnership with Tenable, the Exposure Management company, to provide Sophos Managed Risk, a worldwide vulnerability and attack surface management service.

Sophos has entered into a strategic partnership with Tenable, the Exposure Management company, to provide Sophos Managed Risk.

04/04/2024

Baltimore Bridge Collapse: Examining the Safety of Commercial Shipping and Implications for Supply Chains

Baltimore Bridge Collapse: Examining the Safety of Commercial Shipping and Implications for Supply Chains

How often do events such as ships hitting bridges and other port infrastructure occur?
First and foremost, this event is obviously a human tragedy, and our sympathies are with those who lost their lives or have been impacted by it.

The tragic collapse of Baltimore’s Francis Scott Key Bridge in the US after it was hit by a container ship, the Dali, has made headlines.

04/04/2024

Nigeria, Africa's most populous nation, is facing a critical challenge: climate change. The country is highly vulnerable to the devastating impacts of a warming planet, including extreme weather events like floods and droughts, rising sea levels, and ecological disruptions. These changes threaten not only Nigeria's environment but also its economic growth, social development, and overall well-being. There was a time when we could reasonably predict the weather in Nigeria....

A solution to Nigeria’s rising climate change challenge is climate finance. Climate finance refers to local, national and transnational fin...

04/04/2024

In a significant step forward for mental healthcare, Nigeria has become the first country to contextualize the newest version of the World Health Organization's (WHO) Mental Health Gap Action Programme (MHGAP 3.0). This initiative, led by the National Mental Health Programme (NMHP), demonstrates the government's dedication to bridging the vast mental health gap in Nigeria. Mental health conditions pose a critical challenge globally, particularly in low- and middle-income countries like Nigeria....

Nigeria has become the first country to contextualize the newest version of the World Health Organization's MHGAP 3.0.

04/04/2024

In the age of digital transformation, effective communication with customers is the key to success for businesses of all sizes. With 2.7 billion active users per month, WhatsApp has emerged as a powerhouse in the world of messaging apps. To harness its potential for enhancing customer experiences, you have two distinct options: WhatsApp Business App and WhatsApp Business Platform (API)....

To harness its potential for enhancing customer experiences, you have two distinct options: WhatsApp Business App and Business Platform.

04/04/2024

In a significant boost for the global organic food market, WACOT Limited, a TGI Group company, has once again secured its prestigious certification from ECOCERT to export organic sesame. This renewal emphasizes WACOT's adherence to the highest international standards, and positions Jigawa state as a pivotal organic sesame source for the US and worldwide markets. ECOCERT, the France-based global leader in organic certification, reaffirmed its confidence in WACOT by renewing the two critical certifications on January 26, 2024....

WACOT Limited, a TGI Group company, has once again secured its prestigious certification from ECOCERT to export organic sesame.

04/04/2024

Africa's leading digital payment and Commerce Company, Interswitch, has said it is pertinent for oil and gas businesses to leverage digital solutions to drive the growth and sustainability of the energy sector. The company made this known at the first edition of the Interswitch Energy Summit, held at the Oriental Hotel, Victoria Island, Lagos. At the summit, representatives of oil and gas companies and other stakeholders were introduced to innovative solutions designed by Interswitch Energy and informed of their robust benefits....

The Interswitch Energy summit marks a pivotal moment in the journey towards a digitally empowered energy industry.

04/04/2024

The Federal Government of Nigeria (FGN) has established a technical committee to oversee the launch of Investment in Digital and Creative Enterprises (iDICE) Programme. Techeconomy gathered that Kashim Shettima, vice president of Nigeria, was full of praises as he said it is the start of a new era in Nigeria. The iDICE Programme is a joint initiative involving government entities and global allies such as the Bank of Industry, African Development Bank (AfDB), French Development Agency, and Islamic Development Bank....

The iDICE Programme is a joint initiative involving government entities and global allies such as the Bank of Industry, African Development...

04/04/2024

Research by experts at Smart Betting Guide has revealed that over $400 million worth of cryptocurrency has been lost to hacks in 2024 so far. Defi has been the most vulnerable sector accounting for all of the incidents so far this year. The most targeted blockchain in 2024 is the Ethereum chain with 33 incidents. The top 5 others are listed below:...

The most targeted blockchain in 2024 is the Ethereum chain with 33 incidents. The top 5 others are listed below:

04/04/2024

The management of Aero Contractors has said that contrary to the assertions in the media, which suggests that the company neglected its responsibility to settle outstanding redundancy benefits; Aero Contractors has diligently worked to address and resolve the issue. In a statement on Wednesday, the Aero Contractors acknowledged with concern the report attributed to National Association of Aircraft Pilots and Engineers (NAAPE) officials, protesting the failure of the company to pay off some of its workers who have been separated from the company for seven years; March 2017....

Aero Contractors acknowledged with concern the report attributed to National Association of Aircraft Pilots and Engineers (NAAPE) officials,

04/04/2024

On the acquisition, Rivia CEO Isidore Kpotufe said: “Victor is a brilliant entrepreneur and engineer. I was impressed by his insights on life, business and technology, and a deal was a natural order.”

Healthcare Startup RiviaCo (also known as Rivia), acquires Ghanaian SaaS Company Waffle for an undisclosed amount.

03/04/2024

Tigran Gambaryan: Free My Husband, Detained Binance Executive’s Wife Begs Tinubu

Wife to one of the detained Binance Executives, Tigran Gambaryan, Mrs Yuli Gambaryan has cried out to the federal government to release her husband to ease the untold hardship the family has gone through since his detention.

In an open letter, Mrs Gambaryan said her husband has deep respect for Nigeria and therefore couldn’t have done anything to jeopardise the integrity of the country.

Wife of the detained Binance executive, Tigran Gambaryan, Mrs Yuli Gambaryan has cried out to President Bola Tinubu to release her husband.

03/04/2024

Student Loan Scheme Kicks Off in Earnest as Tinubu Signs Bill

President Bola Tinubu, on Wednesday, signed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024, into law.

This comes after separate considerations by both the Senate and the House of Representatives of the report of the Committee on Tertiary Institutions and TETFund.

President Bola Tinubu, on Wednesday, signed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024, into law.

03/04/2024

ANWBN Commends Unity Bank as 5,000 Women Benefit from Yanga Product

As part of activities to mark the 2024 International Women’s Day, Unity Bank Plc and the Association of Nigerian Women Business Network, ANWBN, have partnered to reach out to over 90 women groups across Nigeria through the Yanga Account.

At a forum held in Abuja, Unity Bank unveiled the Yanga account to the women’s group, providing opportunities for the members to benefit from the enhanced product packages targeted at women entrepreneurs with capacity building, MSME financing schemes, affordable health insurance and cash management.

Unity Bank Plc

Unity Bank Plc and the Association of Nigerian Women Business Network, ANWBN, partnered to reach out to over 90 women groups.

03/04/2024

Gratitude and Personal Responsibility: Learning from Zebra and Lion

In a world filled with challenges and uncertainties, finding contentment can seem like an elusive pursuit. However, at the core of contentment lies gratitude – the ability to appreciate the blessings and lessons that life presents us with.

In this article, we will explore the profound relationship between gratitude and contentment, and how embracing personal responsibility can enhance our ability to cultivate gratitude in our lives.

In this article, we will explore the profound relationship between gratitude and contentment, and how embracing personal responsibility.

03/04/2024

Top 10 Trade Barriers for U.S. Businesses in Nigeria Identified

In the recently released 2024 National Trade Estimate Report on Foreign Trade Barriers, the United States has revealed the obstacles to trade led by Nigeria’s customs practices.

The report outlines various challenges faced by importers and exporters, shedding light on import policies, non-tariff barriers, government procurement processes, intellectual property protection, services barriers, barriers to digital trade, and other barriers hindering trade with Nigeria

In the recently released 2024 National Trade Estimate Report on Foreign Trade Barriers, the United States has revealed the obstacles...

03/04/2024

Roam Moves with Mogo to Accelerate Electric Motorcycle Adoption in Kenya

Roam, a Kenyan-based electric mobility company, has formed an alliance with Mogo, an asset financier in East Africa, to enhance the adoption of electric motorcycles across the country.

Roam and Mogo seek to boost transportation, particularly for motorcycle riders, commonly known as boda boda riders, in Nairobi.

Roam and Mogo seek to boost transportation, particularly for motorcycle riders, commonly known as boda boda riders, in Nairobi.

03/04/2024

Why 60% of Social Media users Support Identity Verification

A survey by Media.com underscores a strong public preference for the identities of social media users to be verified as a way to curb misinformation, especially leading up to the 2024 election.

The Media.com study indicates that 60% of social media users advocate for mandatory user identity verification to deter the spread of fake news by imposters and automated bots. Additionally, 67% are more likely to trust platforms that require proof of identity for verified users.

A survey by Media.com underscores a strong public preference for the identities of social media users to be verified as a way to curb misinfor

03/04/2024

Google Cloud Appoints Noor Al-Sulaiti as Head Cybersecurity Business Development META Region

Google Cloud today announced the appointment of Noor Al-Sulaiti as Head of Security Business Development and Government Relations for the Middle East, Turkey, and Africa region (META).

Noor, an industry veteran known for her innovative leadership, brings a wealth of experience in the telecommunications and technology sectors to her new role.

Google Cloud has appointed Noor Al-Sulaiti as Head of Security Business Development and Government Relations for the META region.

03/04/2024

TECNO Launches CAMON 30 Series and POVA 6, Setting New AIOT Standards

In a monumental move set to redefine innovation and technology in Nigeria, TECNO unwrapped its highly anticipated CAMON 30 Series, POVA 6 device, and a suite of AIoT products.

Held amidst great anticipation at the esteemed Landmark Center in Victoria Island on April 2nd, the launch event captivated attendees with its electrifying ambiance and a captivating performance by music icon Tiwa Savage.

The CAMON 30 Series, POVA 6, and AIoT products are now available at authorised TECNO retailers nationwide, Techeconomy can report.

03/04/2024

Transforming Your Business Through Intentional Marketing (Part 4)

The essence of marketing is to have your products or services get to the end-user effortlessly, and also leave you with something profitable at the end of the day. For a profitable marketing effort, you should consider making your marketing more intentional.

As we conclude this topic, let’s briefly look at a few other ways you could intentionally transform your business

Once your marketing becomes intentional, it will help you focus on what really matters. Remember, when more customers appreciate your product.

03/04/2024

Navigating the Challenges and Opportunities of Remote Work in a Post-Pandemic World

In the wake of the COVID-19 pandemic, the nature of work has undergone a dramatic transformation, forcing organizations and individuals to adapt to the new reality of remote work.

While this shift presents numerous challenges, it also presents opportunities for growth and innovation.

In this article, we will explore the implications of remote work for various stakeholders and discuss strategies to address the emerging challenges.

In this article, we will explore the implications of remote work for various stakeholders and discuss strategies to address the challenges

03/04/2024

Bitcoin mining businesses generated $2bn monthly revenue from block rewards and transaction fees in March. This feat surpasses the previous record of $1.74bn set back in May 2021. Data by Bitcoin Magazine assessed have revealed. According to the magazine, transaction approximately $85m of the total revenue came from transaction fees. While the remaining $1.93bn was earned through the block subsidy....

Bitcoin mining businesses generated $2bn monthly revenue from block rewards and transaction fees in March, report has shown.

03/04/2024

In the ever-evolving landscape of social media, where the digital realm intertwines with our daily lives more and more every day, the power of a single post cannot be underestimated. Vincent Iachetta Jr., president of Peppermonkey Media, discusses four things that should never find their way onto your social media profile. 1. Your Romantic Situation Vincent explains, ‘While it may seem harmless to update your relationship status on social media, revealing too much about your romantic situation can make you vulnerable to unwanted attention and potential harassment....

In this article we are looking at critical personal things or lifestyles that should never find their way onto your social media or online.

03/04/2024

The Nigerian Communications Commission (NCC) has revealed the monthly porting trend in the telecommunications sector per mobile operator in January 2024. Techeconomy analyzed the trends which show that a total of 3,154 total mobile number porting activities were carried out by telecom subscribers in January 2024. This indicates 425 higher number porting activities compared to the 2,729 recorded in the preceding month (December 2023)....

Techeconomy analyzed the trends which show that a total of 3,154 total mobile number porting activities were carried out by subscribers.

03/04/2024

Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu and Femi Otedola, have again topped the richest Nigerians list in 2024. According to Forbes, the combined wealth of the richest Nigerians - top three - dropped slightly by 11.23 per cent to $25.3bn. The three Nigerians are Aliko Dangote, the president/chief executive of the Dangote Group; Abdul Samad Rabiu, BUA Group Chairman, and Mike Adenuga, the founder/Chairman of Globacom....

Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu and Femi Otedola, have again topped the richest Nigerians list in 2024.

03/04/2024

The naira opened the month of April on a positive note, appreciating to N1,278.58 against the United States dollar from N1,309.39 per dollar recorded last week Thursday. This indicates an increase of N30.81 at the close of trading activity. According to data from FMDQ Securities, the indicative exchange rate for the Nigerian Autonomous Foreign Exchange Market closing below the N1,300 ceiling marks the first instance since January 26 of this year....

The naira opened the month of April on a positive note, appreciating to N1,278.58 against the United States dollar from N1,309.39 per dollar.

02/04/2024

With 4% of the global smartphone market in Q3 2023, TECNO is now the world's 9th largest smartphone brand.

TECNO's growth is particularly impressive considering market share has more than trebled in just three years.

This also helped parent company Transsion becoming one of the world's top 5 smartphone OEMs.

Today, TECNO Mobile unwraps CAMON 30 Series | POVA 6 Neo | MEGABOOK | Watch Pro 2 | TWS True 1.