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QNET unveils two new products

An e-commerce-based direct-selling business, QNET, has introduced two products in honour of its 25th birthday. The Punch reported that according to a statement released by the company on Thursday, it also organized a double conference in Penang, Malaysia, at which 20,000 attendees, including Nigerians from over 20 other countries, came. According to QNET, the company introduced […]

Firm moves to foster environmental cleanliness
News

Firm moves to foster environmental cleanliness

The Chief Executive Officer of Smart Gas, Dr. Yinka Opeke, has said that her organization is pushing a “Gas for Trash” campaign with the intention of promoting environmental cleanliness and constructing a sustainable society. The Punch reported that Opeke mentioned this recently in Mushin, Lagos, while addressing community chiefs, business executives, women, families, and children in […]

Business

FG approves first oil exploration license under PIA

The Federal Government has granted TGS-PetroData Offshore Services Limited a Petroleum Exploration Licence, the first of its kind under the Petroleum Industry Act 2021. According to The Punch, It stated that the license was in accordance with Sections 71 (1) through (10) of the PIA and had been awarded by the Nigerian Upstream Petroleum Commission. […]

Electricity

Expect zero downtime, Eko Disco tells customers

A leading and customer-focused power utility firm, Eko Electricity Distribution firm has stated that it has added systems in place to ensure prompt response to consumer complaints and power outages. The Punch reported that the company claimed in a statement that these are intended to enhance the caliber of service provided to its respected clients. The statement read: “EKEDC’s […]

6000 brands receive certification from SON
Business

Low standards behind falling exports, says SON

The Standards Organisation of Nigeria has claimed that poor packaging, insufficient testing, certification gaps, and a lack of quality assurance are the main reasons why Nigerian goods get rejected. The Punch reported that according to data from the National Agency for Food and Drug Administration and Control, over 70% of Nigeria’s food exports are turned down by foreign buyers, […]

Banking

Banks record 117% increase in customers’ complaints- Report

  Complaints from customers of five major Nigerian banks have surged by an alarming 117 percent year-on-year, reaching 6,865,217 by June 2023, according to reports by The PUNCH. This substantial increase is in stark contrast to the 3,156,704 complaints registered during the same period in 2022. Furthermore, financial claims linked to these complaints have escalated […]

Threads introduces edit button
News Tech

Threads introduces edit button

Meta on Thursday launched an edit button for Threads. With the new feature, you have five minutes after posting to edit your post as many times as you’d like. When you wish to fix an error in a post, you have to delete it and then repost it. Contrary to X, formerly Twitter, which just […]

SpaceX’s Starlink hit 4m subscribers
News Tech

X: EU probe threatens Starlink operating licence in Zimbabwe

The investigation of the European Union into the failure of Elon Musk to tackle misinformation on X threatens Starlink’s operating licence application in Zimbabwe. Supa Mandiwanzira, a member of parliament, made the suggestion during a Q&A session held on October 11 that the European Union’s investigation into X for spreading false information should be taken […]

News Tech

Google vows to defend AI users

Google on Thursday vowed to defend users of generative AI systems on its Google Cloud and workspace platform if they are accused of violating intellectual property. Google’s promise followed Microsoft, Adobe, and other businesses that had made similar commitments. Major firms are rushing to include generative AI into their businesses, investing extensively like Google. The […]

Twitch enhances filtering tools to block sexual, violent content from livestream
News Tech

Twitch blocks banned users from watching streams  

Twitch has introduced an anti-harassment feature that makes it impossible to block banned users from watching their streams. The function was first introduced by Twitch in August. Although there are techniques to prohibit banned users from participating in a stream’s conversation, streamers have limited control over whether banned people actually watch their streams. The “Stop […]

Uncategorized

Microsoft to support 10 million African SMEs by 2025

Microsoft Corporation has declared its commitment to assist 10 million small and medium-sized businesses in Africa by the year 2025. According to The Times, Microsoft Africa President Lillian Barnard announced a five-year strategic relationship with Flutterwave during a press presentation in Lagos. According to Barnard, Microsoft’s approach entails providing SMEs with crucial tools, crucial infrastructure, […]

BUA Cement boss' networth hits $7bn
Business

BUA Cement boss’ networth hits $7bn

Chairman of the BUA Group, an industrial and manufacturing giant in Africa, and the second-richest person in Nigeria, Abdul Samad Rabiu, has seen a rise in his wealth, achieving an astonishing net worth of $7 billion. According to data from Forbes, Rabiu’s net worth has dramatically improved over the last three months, rising by $1.3 billion […]