News

Seplat Energy’s 2022 FY Revenue Grows by 29.8% to N403.9bn

Seplat Energy Plc, a Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, announces its audited results for the full year ended 31 December 2022, recording a rise in profit before tax by 15.3 per cent to N86.7bn from N71bn year-on-year. The company also generated cash from its […]

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News

Cryptocurrencies Users to Reach About 300 Million by 2024

The 2022 crypto winter has had a brutal impact on the entire market, wiping hundreds of billions of dollars off the global crypto market cap and wounding thousands of crypto companies across the world. But despite the headwinds and setbacks, investors’ interest in cryptocurrencies continued rising. According to data presented by BitcoinCasinos.com, the number of […]

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Telecoms

African Telecoms Union Wants Telcos to Empower Youth as Device Producers & Not Consumers

Ecosystem players must upskill and train youth, particularly African youth, to not only interact with gadgets as consumers but also as producers. So said John Omo, secretary-general of the African Telecommunications Union (ATU), speaking at Huawei’s Digital Talent Summit ahead of Mobile World Congress (MWC) 2023, in Barcelona, Spain. The ATU is a specialised organ […]

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Gadgets and Device

Nokia Rebrands to B2B Tech Firm & Eyes Opportunities in Mobile Device Market

Nokia has changed into a business-to-business (B2B) technology firm, as the Finnish company seeks to seize opportunities beyond mobile devices. Pekka Lundmark, Nokia president and CEO, unveiled the new-look brand yesterday at Mobile World Congress (MWC) in Barcelona, saying the latest branding is being rolled out across its sites and assets. “Today is another milestone. […]

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Business

Emiefele Reviews Bank MDs, DMDs, EDs & Non-Executive Directors Tenure

The Central Bank of Nigeria (CBN) has reviewed the tenure of Executive Management and Non-Executive Directors of banks and other financial institutions. This was contained in a communique issued by the apex bank’s Director of the Financial Regulation Department of Chibuzo Efobi. The move is to strengthen governance practices in the banking sector, the CBN […]

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News

Nigeria’s Privatisation Council Approves Nine Firms for NIPOST Properties Verification

The National Council on Privatisation (NCP) under the Chairmanship of the Vice President, Professor Yemi Osinbajo has approved nine firms to immediately carry out a nationwide verification of NIPOST Properties and Development Company Limited. The firms which are divided into the six-geo-political zones of the country are, Oghogho Ayanru, Raji Adewale Associates, Alaba Odunlanmi, Law […]

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News

Nigerian Government Goes Tough on Broadcasting Industry E-Waste, Inaugurates Committee

The Nigerian Government on Thursday in Abuja, inaugurated an inter-agency committee to ensure an e-waste free environment at the end of the digital switch over in Nigeria. A statement issued by Mrs Amaka Ejiofor, Assistant Director (Press) of NESREA, said the committee comprised officials of NESREA and the National Broadcasting Commission (NBC). She said the […]

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Internet

JUST IN: Nigeria Inaugurates Committee for Cyberspace & ICT Infrastructure Protection Ahead of 2023 General Polls

To avert possible cyber attack as Nigeria introduces the use of technology in its General Election, the Government today, in the Nigerian capital city, Abuja, inaugurated a Committee to advise it on appropriate measures to take in protection of the nation’s cyberspace and ICT infrastructure from potential attacks especially during the 2023 General Elections. The […]

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News

No Plans to Shut Digital Platforms and Online Banking Channels Because of Elections, Say Banks

The Association of Corporate Affairs Managers of Banks, ACAMB, in Nigeria, has denied rumor that the Central Bank of Nigeria is shutting down banking services because of the general election holding this weekend in the country. In a statement signed by the President of the Association, Mr. Rasheed Bolarinwa said there was no iota of […]

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Business

Nigerian President Lauds Dangote-Led Private Sector Initiative for Donating 350 Security Vehicles

As the private sector-led Coalition Against Covid-19 (CACOVID) winds down, President Muhammadu Buhari has commended the initiative of private sector operators, saying the contributions he has received from the Coalition so far has elevated his status among other Presidents of the world. The President, who spoke in Abuja yesterday while receiving a parting donation of […]

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