automation
CAC aims to register new company within three hours
The Corporate Affairs Commission (CAC) says it will be possible for companies in Nigeria to be registered within three hours, before the end of 2021. The commission tweeted this on Sunday via its verified Twitter handle. It said, Garba Abubakar, the commission’s registrar-general, gave this indication at a recent dinner in honour of the chairman, governing board, CAC and Nigeria’s Ambassador-designate to Spain, Ademola Seriki. The commission announced last December the upgrade of its online registration portal for business. It said the upgrade would include features that allow the automation of key services and processes in line with the federal government’s effort to Nigeria’s ease of doing business. Newsmen had reported how the new regulation protocol has left businesses in the country s...
4 Predictions for Digital Finance in 2025
Sourced from Finance Monthly. The digital transformation of the finance sector has continued relentlessly throughout 2020. Industry is already starting to see the paybacks from making small, incremental changes to financial workflows by adopting emerging technologies. The pandemic is accelerating the speed of change and catalysing more investment in end-to-end automation and remote working. So, where will this trend take the industry in four years’ time? Here are four predictions about what the finance function will resemble in 2025: Many of today’s technologies will still be in play Not all challenges from 2020 are likely to disappear by 2025. As tech continues to evolve, so too will legislation and regulations. Requirements change all the time, especially as businesses begin to use bigge...
FEC approves multi-billion naira roads construction contracts
In keeping with its infrastructural development mantra especially in the road sector, the Federal Government has approved a multi-billion naira roads construction projects across the country especially the completion of Benin-Ore-Adebamdele-Shagamu Road at the cost of N92.5 billion. This cheering news was dropped Wednesday by Minister of Works and Housing, Babatunde Raji Fashola, who told State House Correspondents after the weekly Federal Executive Council presided over by President Muhammadu Buhari at Council Chambers of the Presidential Villa Abuja that Council approved all four memoranda on roads projects his ministry presented at the meeting. Fashola said FEC approved all four memoranda he presented with respect to Benin-Ore-Adebamdele- Shagamu Road, particular the section from Adebam...
BMW launches new flagship iX electric SUV with 300 miles of range
BMW unveiled its next electric vehicle, the iX SUV, with 300 miles of range and gorgeous minimal interior. The iX is BMW’s technological flagship, meaning it incorporates multiple technologies that will be featured in the German automaker’s upcoming vehicles, mainly electric powertrain and driver interface. The BMW iX will be the first vehicle to feature the automaker’s fifth-generation scalable EV technology, which means it can be adjusted to accommodate vehicles of different sizes and utility. The BMW iX will go into production at the company’s Dingolfing factory, located in Southern Bavaria, Germany, in the second half of 2021 and is scheduled to arrive on US shores in early 2022. BMW didn’t reveal the size of the iX’s battery but says it will be capable of adding 75 miles for every 10 ...
Why Reskilling is Critical in a Post-Pandemic World
The world is changing at a rapid speed as new regulations come into play, customer expectations change, and global competition grows – and that’s without considering how COVID-19 is compelling everyone to use digital technology rather than physical processes when they can. As the pandemic forces organisations to put digital transformation on steroids, it is important that they don’t allow their workforces to fall behind. The silver lining amid the devastation of COVID-19 is a new working model. Yet business leaders are asking their people to show extraordinary levels of resilience and flexibility as we all try to come to grips with the changing environment. People and organisations accustomed to face-to-face interaction and manual processes have needed to master digital tools in double-qui...
Why Women Need to Embrace these 3 Digital Technologies
Over the next decade, a new wave of digital technologies is set to reshape how we live and work. It is imperative that women play an equal role in shaping their impact. Not only should the new opportunities these technologies create be open to all, it is also critical to tap into diverse experiences and perspectives to unlock their full value. Despite the steps taken towards gender equality in most industries, women remain underrepresented in information technology. Just 23% of tech jobs are held by women in South Africa, according to WomenInTech. Given the growing importance of digital tech in our day to day lives, this gender gap cannot be tolerated. Consider these stats from EY: women are predicted to lose five jobs for every job gained through automation, compared to only three for men...
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