Hafide Accounting, a Somaliland-based startup, has been selected for the famed Timbuktoo Africa Fintech Accelerator in Lagos, Nigeria. The Accelerator is United Nations Development Programme’s effort to ignite the African innovation ecosystem by supporting and investing in Africa’s best talent via 8 themed Timbuktoo hubs in 8 countries, 54 University Innovation Pods across Africa, and […]
Read MoreAnother company has again acquired a majority stake in Emerging Markets Telecommunication Services Limited, the parent company of 9mobile. In 2018, Teleology holdings limited completed the payment of $351 million, bided to take over ownership of the debt-ridden 9mobile telecommunications. Recently, the company was involved in a scandal indebtedness of N55bn to Keystone Bank. The […]
Read MoreAhead of the planned #EndBadGovernance nationwide protest in August, human rights lawyer Ebun-Olu Adegboruwa has asked the Nigerian Communications Commission (NCC) to probe telecommunication operators’ alleged disconnection of subscribers. In a statement on Sunday, the Senior Advocate of Nigeria warned that telcos should not attempt to sabotage the forthcoming protest against economic hardship in Nigeria […]
Read MoreThe Host Communities of Nigeria Producing Oil and Gas (HOSTCOM), over the weekend, threatened to renew agitation for greater autonomy and control of their natural resources, if the Nigerian National Petroleum Corporation (NNPC) and the International Oil Companies (IOCs) fail to sell and supply crude oil to Dangote Refinery and other local Refineries, in their […]
Read MoreThe devastating consequences of compromised data and the importance of ironclad security could be very painful. That’s why entrusting sensitive files to the SanDisk Ultra Dual Drive Luxe USB Type-C is the sure way to go. Indeed, it is a fortress of protection that keeps secrets safe. In a world where hacking and data breaches […]
Read MoreThe substantial increase in fuel prices and the lower contribution of Nigeria to the Group after the naira devaluation contributed to a decline in EBITDA margins to 45.3% from 49.5% in Q1’24 and 46.5% in Q4’24. Latest report released today revealed constant currency EBITDA increased 11.3% whilst reported currency EBITDA declined by 23.3% to $523 […]
Read MoreThe Consolidated Alliance for Grassroots Mobilisation (CAGraM), has launched a smart card to mobilise and track votes and curtail election rigging in the country. Mr Nwosu Emmanuel, Executive Secretary of CAGraM, said this in Abuja at the unveiling, data capturing and issuance of membership smart cards to leaders on Thursday in Abuja. “Our target is […]
Read MoreAMA PRESS RELEASE The African telecommunications market has seen significant consolidation over the past decade, characterised by mergers, acquisitions, and closures such as Telecel’s acquisition of MTN’s operations in Guinea-Bissau and Guinea Conakry; as well as its acquisition of Vodafone Ghana. According to Robert van Breukelen, CEO of Itemate Solutions, this comes as mobile financial […]
Read MoreNigeria Reaps from Own tech Talent Programme… Awarri, the Nigerian startup selected to build the country’s first AI, has engaged over 500 fellows of the federal government’s ‘3 Million Technical Talent’ (3MTT) programme. The aim is to use the cohort as data collectors in building the multilingual large language model. The Minister of Communications, Innovation, […]
Read MoreTesla, the iconic electric vehicle company, experienced a 12% drop in its stock value after presenting mixed results for the year’s second quarter. This behavior in the stock market has generated a mix of concern and expectation among investors. The reported earnings per share were $0.52, which fell short of Wall Street’s expectations of $0.61. […]
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