Author Archives: Sabastine

UNN Signs MoU With Huawei to Establish ICT Academy

By Hilary Akalugwu Nsukka (Enugu State) –  The University of Nigeria Nsukka (UNN) on Friday signed a Memorandum of Understanding (MoU) with HUAWEI, a Chinese ICT company to establish an ICT Academy. In his remarks during the occasion, the Vice-Chancellor of the University, Prof. Benjamin Ozumba, who signed on behalf of the institution, said the Huawei Academy Programme would benefit ...

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Paylater Joins Google Mentorship Program

Online digital financial services firm, Paylater is one of the two Nigeria companies that made it to the fifth class of Launchpad Accelerator by Google. Google Launchpad Accelerator is a six month acceleration program that matches top growth-stage startups from emerging countries or ecosystems with the best of Google including its people, network, and advanced technologies – to help scale ...

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Bitcoin gains $3,000 in 72 hours to set new record

World’s number one virtual currency by value, bitcoin, has crossed $15,000 setting another all time high. The cryptocurrency has gained N3,000 in the space of three days as investors’ activities increase over news that bitcoin will be listed as a product on the CBOE futures on December 10, 2017. Bitcoin price surged to a lifetime high of $15,058 on the ...

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Digital currency firm, Luno hits 1 million users

Luno, a London-based bitcoin company with operations in Nigeria, Malaysia, Indonesia, South Africa and United Kingdom said its user base topped 1 million last week. In an email chat with BusinessDay, Luno’s country manager Owenize Odia said that while one million customers downloaded the company’s wallet in November 2017, about 500,000 are actively using the platform on a monthly basis. ...

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YouTube’s New Music Streaming Service Coming March 2018

According to a new Bloomberg report, YouTube will launch a new music streaming service early next year. The paid service – of we have already heard – will be launched in March 2018. The report notes the service is internally named as Remix, and would offer Spotify-like on-demand streaming as well as video clips. Currently, YouTube is in talks with ...

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LG G7 Might Come With An Advanced Iris Scanner

An unearthed patent by LG revealed that the Korean company is preparing an advanced iris scanner that might arrive just in time for the next flagship the LG G7. It will not only unlock the device, but also help you make protect sensitive information. Figures from the LG patent listing The iris scanner checks the biometric characteristics of the eye ...

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Facebook Unveils Powerful Ways People Connected In 2017

Facebook has annou­nced its 2017 Year in Review, highlighti­ng the most powerful ways people came to­gether on Facebook to support one anothe­r. First, people came together to react and talk about important moments and events that happened around the world. These top three moments that people discussed globally in 2017 were: International Women’s Day: This was the No. 1 most ...

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‘Government Must Comply With Cyber Security Standards First’

Cyber attacks is becoming rampant, forcing many organisations and governments to take steps to upgrade their cyber security strategies. Peter Ejiofor, founder of Ethnos IT Solutions, a cyber security firm, is concerned that the Nigerian government is lagging behind other nations and compromising itself by not taking cyber security serious. In this interview with FRANK ELEANYA, he outlined some of ...

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Bitcoin Futures Trading: Unchartered Waters?

A few weeks ago, the bitcoin world was rattled by uncertainties over a potential negative impact of Segwit2x hard fork on bitcoin’s future. That chapter was gratefully brought to a close with the announcement that the hard fork had been cancelled over lack of consensus. Then came CME Group’s announcement that it will launch bitcoin for the first time on ...

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