Amazing places in Nigeria you won’t believe exist in Nigeria

Retweet to educate someone

The Next 20 Years

Just look around you in Nigeria, for example. 20 years ago, the ATM machine was a novelty. No bank issued debit cards- maybe just the foreign ones. There were no banking apps. You couldn't transfer funds the way we do now.

It took 7 days for your 'upcountry' cheques to clear- meaning that if someone pays you a cheque in Sokoto and you pay it in in Ibadan, you had to wait for 7 days to receive value. Later, it became 3 days.

I recall as a young banker, I used to go to the CBN Clearing House with a box that was locked by my supervisor and which could only be opened by the CBN Clearing Supervisor. I carried that box like it was my life.

I had cheques of other banks and a very huge calculator we called casting machine inside that 'portmanteau'.

Around this period 20 years ago, there was an influx of new generation banks that changed the landscape. Now, see how the banks have changed in 20 years. In just 20 years, the banking sector in Nigeria is the one of the most sophisticated in Africa. So much progress has been made

-THREADE-
#Germany #China #5G #Huawei

In contrast to countries like Great Britain, Germany does not exclude the Chinese with 5G across the board. But now the cabinet has agreed on stricter rules for foreign network equipment suppliers.

The federal government has been arguing for two years, now there is a draft law, the cabinet is supposed to get it underway on Wednesday. In contrast to countries like Great Britain and Sweden, Germany does not exclude Chinese companies across the board.

But Berlin, too, subjects the use of companies to strict rules. This is a problem for the German network operators: they have made themselves heavily dependent on #Huawei over the past few years. In the radio network of Deutsche Telekom, Vodafone and Telefónica,

around half of all components usually come from Huawei. With the new 5G cellular standard, data can be transmitted in real time. This opens up new opportunities for industry, but also increases the risk of cyber attacks. The focus on security is correspondingly large.

The draft of a “Second Law to Increase the Security of Information Technology Systems” therefore now uses a two-stage test procedure. In addition to an examination of the technology, there should also be a political assessment of the trustworthiness of manufacturers.

Hilarious Rush Limbaugh moment from his 2009 CPAC address -->

THREAD: Toronto – OPSEU/SEFPO President Warren (Smokey) Thomas says proposed changes to the Ontario Disability Support Program (ODSP) announced today would create chaos and uncertainty for many of the province’s most vulnerable people @OPSEU #Odsp

Thomas says the changes would force those with disabilities to navigate an entirely new support system, and he’s concerned such a proposal was put forward in the middle of a major public health crisis.