Oil traders are struggling to find buyers for 55 Nigerian crude oil cargoes as the spread of the coronavirus has dampened demand from China and European refiners. Most of Nigeria’s April crude oil export programme have not been sold, while about half Angola’s planned shipments for April have yet to find
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The Petroleum Products Pricing Regulatory Agency (PPPRA) on Thursday revealed that Nigeria recorded about 89.91 thousand Metric Tonnes (MT) national consumption of Liquefied Petroleum Gas (LPG) in January 2020. The agency said that the government’s priority objective of attaining five million metric tonnes of LPG consumption by the year 2022, which puts
Read MoreNigerian Postal Services (NIPOST), has unveiled a new solar energy equipment product through its Agency Services arm. At the unveiling of Hansa Green Energy Solutions’ products in Abuja by Dr. Ismail Adebayo Adewusi, postmaster general of the federation and chief executive officer, NIPOST, he said the product is a contribution towards
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The telecommunication industry in Nigeria has developed to be very competitive, as different telecom companies jostle for the attention of subscribers. However, one of the key challenges confronting these companies is how they manage their service quality, which means a great deal to customer satisfaction. Customer satisfaction is the most important
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The National Software Think Tank (NSOFT) has urged the federal government to endorse and approve of the proposed 5-Year National Software Strategic Plan to accelerate the adoption and patronage of Nigeria developed application software and maximize the opportunities and benefits presented by the Digital promise. The group led by Chris Uwaje,
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Hidden apps, third party logins, counterfeit gaming videos – these are just some of the threats being reported on mobile devices, according to a report released today from McAfee. Cybercrime is expanding its arsenal of attacks as technology advances, and there seems to be no limit to the creativity displayed by
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Influencers are key opinion leaders (KOLs) that have become an integral part of many brands’ digital marketing strategies. Brands are turning to these media gurus to put products and services in their target audience’s eye-line. Why influencers? Well, they can be a highly effective means of connecting with a unique audience
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The world’s most valuable resource is no longer oil, but data. Since ‘The Economist’ published this ground-breaking truth in 2017, “Data, as the new oil,” has become a common refrain in business circles. But far from becoming a cliché, the weight of this statement is so heavy and profound that
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A new ultra-fast machine-vision device can process images thousands of times faster than conventional techniques with an image sensor that is also an artificial neural network. Machine vision technology often uses artificial neural networks to analyze images. In artificial neural networks, components dubbed "neurons" are fed data and cooperate to solve
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Government officials from the Nigeria Immigration Service and Federal Road Safety Corp have warned Nigerians that irregular or wrong data presented during registration is a threat to the security of the country. Civil Society Organisations have also called on agencies collecting identities of Nigerians to be efficient and transparent in their
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