For decades, Nigeria’s power sector has been on shaky ground — struggling with unreliable electricity supply, aging infrastructure, and an overdependence on fossil fuels. Grid collapse has become a recurrent experience, forcing households and businesses to rely on expensive and polluting generators. Amid these challenges, past and present governments always paint a hopeful picture of […]
Read MoreMoniepoint, Nigeria’s leading fintech company, has raised over $10 million in fresh funds from Visa, bringing its Series C funding total to more than $120 million. This fundraising followed a $110 million raise announced three months ago led by African Development Partners III fund, which included Google’s Africa Investment Fund and Verod Capital. Visa described […]
Read MoreThe Securities and Exchange Commission (SEC) has warned Nigerians against engaging in any investment-related transactions with Risevest (Victoria Island) Cooperative Multipurpose Society Limited and Stecs (Alausa) Multipurpose Cooperative Society, commonly known as Stecs. The SEC in a circular issued in Abuja disclosed that neither entity is registered or authorised to operate in the capital market. […]
Read MoreIn the first nine months of last year, the earnings per share (EPS) of FBNHoldings Plc, the parent company of First Bank of Nigeria Limited as well as its profit grew by 125 per cent year-on-year (Y/Y). But there is much more to where the premier bank stands in core banking and its profitability is […]
Read MoreHybrid ICT systems integrator and managed services provider, Datacentrix, proudly announces its achievement of the Cisco Internet of Things (IoT) Specialisation. This certification underscores Datacentrix’s expertise in the deployment of Industrial Internet of Things (IIoT) solutions, empowering industries – such as manufacturing, automotive, energy, oil and gas and critical infrastructure clients – to accelerate their digital […]
Read MoreThe National Information Technology Development Agency (NITDA), has began a is holding a 3-day top management retreat to assess and evaluate its activities over the past year, and establish a solid foundation for continued progress. Declaring the retreat open, the Director General of NITDA, Mr Kashifu Inuwa, stated that the retreat was designed to analyse […]
Read MoreThe story of women’s contribution to Nigeria’s economy is as old as the nation itself. It is no secret that women are the largest untapped source of national wealth worldwide. All over the world, women hold their place of pride in commercial enterprise. The Nigerian businesswoman have for a long time faced significant barriers in […]
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Samsung Electronics Co., Ltd. yesterday unveiled has the Galaxy S25 Ultra, Galaxy S25+ and Galaxy S25, setting a new standard as a true AI companion with the most natural and context-aware mobile experiences ever created. Introducing multimodal AI agents, the Galaxy S25 series is the first step in Samsung’s vision to change the way users […]
Read MoreNigeria will top five smartphone markets in Sub-Saharan Africa by 2030 leading with 230 million smartphones connections but inflation and currency volatility will pose challenges to the sector. According to the Global System for Mobile Communications (GSMA) in its Mobile Economy Sub-Saharan Africa 2024, the telecoms industry in Sub-Saharan Africa will face significant challenges, driving […]
Read MoreBacklashes, outcry and outrage are just the reactions of all critical stakeholders that followed the Federal Government’s approval of 50 per cent hike in telecommunications tariff, a development that experts believed could further compound the inflation crisis. The Nigerian Communications Commission (NCC), had in a statement given the telecoms operators approval to increase their tariff […]
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