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Business

Nestlé Nigeria Invests Over N6bn in Youth Empowerment and Skill Development

Nestlé Nigeria underscored its commitment to youth empowerment and skill development at the recent graduation ceremony of ten young trainees from its Technical Training Centre (TTC) in Agbara. Since the program’s inception in 2011, the company has invested over six billion naira in upskilling young Nigerians, demonstrating its dedication to fostering the next generation of […]

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Business

Meta Dangles $2m Grants Before Africans Who Develop Apps to Tackle Poverty & Enhance Economic Devt

Meta, the parent company that owns Facebook, Instagram and WhatsAPP  is offering a grant of $2 million to Africans who are able to develop applications in areas such as economic development, science and innovation and public service. The company made this known while unveiling the launch of the Llama 3.1 Impact Grants, in its continued […]

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Telecoms

Satellite Network Operators Planned Launch of 15,000 New Satellites to Boost Nomadic Connectivity

The number of satellites in orbit that can be leveraged for IoT connectivity will grow 150% over the next five years, according to report from  Juniper Research. The report said that these satellites will grow from 10,000 in 2024 to over 24,000 by 2029; owing to increased demand for connectivity in nomadic locations from IoT […]

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Business

NCC Orders Telecoms Operators to Make Tariff Plans, Data Bundles & Others Understandable to Consumers

The Nigerian Communications Commission (NCC) has issued a directive to telecommunications operators to simplify their tariff plans, bundles, and promotional activities. The Commission in a statement issued by the Director, Public Affairs, Mr Reuben Muoka, said it wants the telecoms operators to provide clear, easy-to-understand, and accurate information about the cost of voice, short messaging service (SMS) […]

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Business

Vertiv Introduces Single-Phase UPS Portfolio for Network Edge in EMEA & Latin America

Vertiv, a global provider of critical digital infrastructure and continuity solutions, today introduced 1kVA to 3kVA capacities of the Vertiv Liebert GXE, an online double conversion, single-phase uninterruptible power supply (UPS) for 230V applications designed to support critical applications deployed at the network edge. With the addition of the new models, the Liebert GXE family is now […]

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Telecoms

Zambian Govt Unveils Telecoms, Tourism & Other Investment Opportunities for Africans

AMA PRESS RELEASE: As sponsors of AFSIC this year, Zambia Development Agency is proud to present a number of investment opportunities in the AFSIC Deal Book, which we invite all investors to peruse. Zambia Development Agency looks forward to the opportunity to link all prospective investors with the project promoters and provide a wide range […]

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Business

Dangote Cement Pan-African Revenue Hits N807bn Rising from N336bn in Half-Year Growth

Dangote has continued to attract huge forex into the country through his pan-African operations as the half-year result for Dangote Cement indicates an increase in revenue from Pan-African operations by 139.9 per cent, growing to N807.1 billion as against N336.4 billion, reported in the corresponding period of 2023. The cement plant also reported a 10.9 […]

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Business

SmartCash PSB Introduces Seamless Cowry Top-Up Solutions for Customers

SmartCash Payment Service Bank, a subsidiary of Airtel Nigeria, has added a convenient method for customers to top up their Cowry cards using the SmartCash mobile app.  This follows an integration with Touch and Pay, a provider of automated payment solutions and the owner of Cowry. The new SmartCash feature aims to meet the social […]

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Business

NANS Exposes $250,000 Bribe to Pitch Students Against Dangote, Slams NNPCL for Demarketing Refinery

The National Association of Nigerian Students (NANS) have passed a vote of confidence on the Dangote Refinery describing the recent demarketing of the world’s largest single train refinery by the Nigeria National Petroleum Corporation Limited (NNPCL) as the greatest disservice to the nation’s economy. The students’ position came amidst alleged efforts by management of the […]

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Business

Nigeria in Partnership Spiro Launch Electric Motorcycles

As the push for e-mobility expands across the continent, Spiro, an electric vehicles manufacturer, launched operations in Nigeria’s Ogun State yesterday. The company and the Ogun State government unveiled e-bikes and tricycles as part of the state’s e-mobility strategy. The initiative, according to the government, intends to reduce transportation costs in the state while simultaneously […]

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