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Business

Host Communities Threatens to Shut Down Oil Pipeline Over Crude Oil Sale to Dangote Refinery

The 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 […]

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Gadgets and Device

How to Avoid Dangers of Compromised Data with SanDisk Ultra Dual Drive Luxe USB Type-C

The 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 […]

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News

JUST IN: Fuel Crisis Cripple Q4 Earnings, Profit Fell by  $1.1m After Naira Devaluation, Says Airtel Africa CEO

The 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 […]

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Business

Group Unveils Smartcard to Track Votes, Checkmate Election Rigging

The 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 […]

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Business

How Evolving Telco Sector Creates Challenges and Opportunities for Emerging Providers

AMA 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 […]

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News

Awarri Startup Selected for Nigeria’s First AI Project Engages 500 Fellows

Nigeria 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, […]

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Business

Tesla 12% Stock Value Drop Stirs-up Mixed Reaction Among Investors 

Tesla, 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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Business

ITU Ranks Nigeria 71% Ready for Digital Transformation, Deployment of 5G Network

A new report of the International Telecommunications Union (ITU), has ranked Nigeria very high at 71 per cent, in comparative legal, policy and governance frameworks towards G5 – advanced state of readiness for digital transformation known as G5 with Germany, Finland and Singapore leading the global chart. In the report conducted by the ITU, and […]

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News

Meta Shuts Down 63,000 Accounts in Nigeria Over Financial Sexual Extortion Scams

Meta Shut Down 63,000 Accounts in Nigeria… Meta Platforms said on Wednesday it had removed about 63,000 accounts in Nigeria that attempted to engage in financial and sexual extortion scams mostly aimed at adult men in the United States. Nigerian online fraudsters, known as “Yahoo boys,” are notorious for scams that range from passing themselves […]

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Business

FCCPC Reveals Depth of  Meta $200m Sanction-Fines, Says Investigations Took Three Years

The Federal Competition and Consumer Protection Commission (FCCPC), has said that the $200 million  fine against Meta Platforms Inc. and WhatsApp LLC was based on discriminatory practices and sanctionable offences committed. The acting Executive Vice Chairman of the Commission, Dr Adamu Abdullahi, said this at a news conference in Abuja, the Nigerian capital city.  He […]

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