The Central Bank of Nigeria (CBN) has recently addressed confusion surrounding the cybersecurity levy on electronic transfers, asserting that it has not reintroduced this levy despite reports suggesting otherwise. On May 6, 2024, the CBN mandated that all commercial, merchant, non-interest, and payment service banks, along with mobile money operators,…
Month: September 2024
FG Unveils Schedule For 2024 Independence Day Celebration
Nigeria is set to celebrate its 64th Independence Day on October 1, 2024. The country, which gained its freedom from British colonial rule in 1960, marks this day annually with various activities to commemorate its journey as an independent nation. The 2024 celebration comes at a time when Nigeria faces…
Dollar to Naira Exchange Rate in the Black Market (Parallel Market) – 18th September 2024
The Dollar to Naira exchange rate in Nigeria’s black market, also referred to as the parallel market or Aboki FX, reflects the unofficial trading values of foreign currency. On Wednesday, 18th September 2024, the exchange rates for buying and selling the U.S. dollar were recorded as follows: This means that…
The Growing Importance of Soft Skills in Education
In today’s rapidly changing world, technical skills alone aren’t enough to thrive. Soft skills like communication, teamwork, and problem-solving are becoming increasingly important. Let’s explore why these skills matter, how they impact students’ futures, and some practical ways schools can incorporate them into education. Understanding Soft Skills Soft skills are…
NGX Extends Bullish Streak with N314bn Surge on Thursday
The Nigerian Exchange Limited (NGX) continued its bullish momentum as investors recorded substantial gains, adding N314 billion to their portfolios on Thursday. This positive outcome saw the market capitalization, which opened at N56.133 trillion, climb by 0.56 percent to close at N56.447 trillion. Similarly, the All-Share Index (ASI) increased by…
The Emergence of Biodegradable Electronics: A Step Towards Sustainable Tech
In a world increasingly focused on sustainability, biodegradable electronics are emerging as a groundbreaking solution to the growing problem of electronic waste. These innovative devices are designed to break down naturally after their useful life, reducing environmental impact and offering a glimpse into the future of eco-friendly technology. What Are…
Quantum Sensors: The Next Leap in Precision Technology
In the evolving landscape of technology, one of the most intriguing advancements is quantum sensors. These devices, which leverage the principles of quantum mechanics, promise to bring unprecedented accuracy and sensitivity to various fields. From healthcare to environmental monitoring, quantum sensors are poised to make a significant impact. What Are…
DNA Data Storage: The Future of Data Preservation
In today’s digital age, we’re producing more data than ever. From social media updates and high-resolution videos to scientific research and business data, the sheer volume is overwhelming. With traditional storage technologies like hard drives and cloud servers approaching their limits, scientists are exploring revolutionary new methods to store information….
Quantum Internet: The Next Frontier of Digital Connectivity:
Quantum Internet: The Next Frontier of Digital Connectivity In today’s fast-evolving digital age, conventional internet systems are on the verge of a groundbreaking transformation. The concept of a Quantum Internet is slowly turning from theory to reality, promising to revolutionize global communication and security. Here’s what the future might hold….
NYSC Urges Corps Members to Embrace Service Postings and Avoid Seeking Relocation
The National Youth Service Corps (NYSC) has reiterated the importance of prospective corps members fully embracing their assigned places of service, advising them to resist the urge to request relocation. This message was delivered by Brigadier General Yusha’u Ahmed, the Director-General of NYSC, during the closing ceremony of the 2024…