“…But the Nigerian government always disappoints, and that is precisely what they are doing in Sudan…” Reuben Abati May 4, 2023 Let me state upfront that I am a parent to one of the just evacuated students trapped in war torn, Sudan. His mother and me were hugely relieved when...
Despite the robust growth recorded for internet connectivity in Nigeria, the country still ranks low in global internet value index. Of the 117 countries profiled, Nigeria ranks 109 on the index. Sixty one percent or five billion of the global population is said to be handicapped in terms of payments for...
Mr. Godwin Ifeanyi Emefiele, the Governor Central Bank of Nigeria (CBN), is no doubt the most misunderstood living Nigerian today, if his current travails as the helmsman of the nation’s apex bank are put under a klieg light. For an impressive first term performance, President Muhammadu Buhari rewarded him with...
Now that the CBN has spoken and has directed Deposit Money Banks (DMBs) in the country to forthwith start dispensing and accepting old N200, N500 and N1,000 banknotes side by side the newly redesigned banknotes, the feverish temperature in the economy may have tempered. The Governor, Central Bank of...
Apart from various polls by real and or ponzi pollsters that dotted the social media of happenings around the country,the 2023 general elections may go down as one of the most popular events where technology played strange roles. Strange because not every information published on social media could be verified...
Opposition to the CBN Naira redesign policy, and by extension, the implementation of the cash-less policy, reached an abominable crescendo on Wednesday, February 8, 2023, when the Supreme Court temporarily halted the currency swap, and the execution of the February 10 and 17 deadlines set by the CBN for...
Riding on the crest of innovation and evolution, scientists and global tech players have raised the bar for technology as more ways to get things done without the human factor takes centre stage. Elsewhere in the global communities,artificial intelligence rules were robots power industries, shipping, hotel services home deliveries and...
The state of the Nigerian economy in the past 10 years has been harrowing and strangulating. The current socio-economic situation is excruciating and only comparable to the ‘hell fire’ described in the Bible. Though the economy has been facing daunting challenges for decades, never has it been as bad...
Despite the beauty associated with the advent of digital banking, the pitfalls are unbearable to victims. From about 1987, when banks introduced technology into their banking operations, it was received with excitement by Nigerians who saw this as prayer answered. Their reasons were practically understandable especially coming from the drudgery of...
Global specialized agency for the information and communications technologies (ICTs) the International Telecommunications Union (ITU) with 193 member nations and 900 corporate organizations has begun the process for standardization of Metaverse. The new management of ITU led by Secretary General,Doreen Bogdan-Martin. said last week that the new executive has been...