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Business

Amidst Declining Global Health Budget Bill & Melinda Gates Foundation Signs $8.6bn  to Save, Improve Lives in 2024

AMA PRESS RELEASE The Bill & Melinda Gates Foundation today announced its largest annual budget to date as it works toward the goal of a healthier, more prosperous world for all. With global health budgets in decline overall, a portion of the additional funding will go toward advancing global health innovations that will save and […]

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Business

NCC Assures WATRA of Support as Scribe Outlines Regional Achievements

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, yesterday, assured the West African Telecommunications Regulators Assembly (WATRA) of the Commission’s continued support in fulfilling its strategic role in shaping the regulation of the telecoms sector in the sub- region. Engr. Aliyu Aboki, the Executive Secretary of the West Africa Telecommunications […]

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Business

Ecobank Group Unveils New Brand Campaign at TotalEnergies CAF AFCON Cup 

Ecobank, the pan-African financial services group, unveils its new brand campaign ‘A BETTER WAY , A BETTER AFRICA’ yesterday, at the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 (AFCON). Ecobank is a proud official sponsor of the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 and is leveraging the unifying, exhilarating, and […]

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Business

Telecom Operators to Capitalise on $400bn  5G Market in 2024, Says Report

Telecoms operators will generate $400 billion in service revenue from 5G networks in 2024; an annual growth of 32% from 2023, says Juniper Research. However, the report anticipates that as 5G penetration rates become saturated amongst consumers, it will be imperative for operators to launch services over 5G networks that provide value to enterprise IoT […]

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Business

Co-creation Hub Unveils $700,000 Investment into 50 Tech Startups in Edo State

Technology innovation centre, Co-creation Hub has announced an investment of $700,000 in tech startups based in Edo State to apply through its Innovation Challenge and Support programs. The initiative aims to accelerate the growth of technology-driven enterprises within the state. Under the investment programs, a total of 30 startups are set to receive $10,000 each, […]

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Economy

Afreximbank Confirms Initial Disbursement of $2.25bn Under Syndicated $3.3bn  Crude Oil Prepayment Facility for Nigeria

African Export-Import Bank (Afreximbank) has successfully arranged a syndicated US$3.3 billion crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited (NNPCL). An initial disbursement of US$2.25 billion has been made. A second tranche of US$1.05 billion is expected to be disbursed subsequently. This landmark financing is Nigeria’s largest crude oil prepayment facility […]

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Business

STAFF TRANSFER: Current 4,233 Occupancy Level of 4,233 Exceeds Optimal Capacity of 2,700, Says CBN

The Central Bank of Nigeria (CBN) is set to transfer some of its departments from Abuja to Lagos State. According to an internal memo, the departments affected include Banking Supervision; Other Financial Institutions Supervision; Consumer Protection; Payment System Management, and Financial Policy Regulations. The move is to decongest the apex bank’s head office. THISDAY gathered […]

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Software

NITDA Lauds HND Computer Science Unbundling, Says, ‘ll Bridge IT Skills’ Gaps

The National Information Technology Development Agency (NITDA) has commended the recent decision by the National Board for Technical Education (NBTE) to unbundle the Higher National Diploma (HND) in Computer Science programme into four distinct specialisations: Artificial Intelligence, Network & Cloud Computing, Software & Web Development, and Cybersecurity and Data Protection. This visionary move is not […]

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News

NITDA Flags-off Review of Guidelines for Registration of ICT Services to MDAs, Seeks Stakeholders Input

The Nigerian Government is reviewing the Guidelines for Registration of ICT Service Providers/Contractors engaged by Ministries, Departments, and Agencies (MDAs) of the Federal Government of Nigeria. According to the regulatory agency, the National Information Technology Development Agency (NITDA), the Government is undertaking the comprehensive review of the Guidelines for Registration of ICT Service Providers/Contractors to […]

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Business

Dangote Petroleum Refinery Starts Production 

Dangote Petroleum Refinery has commenced production of diesel and aviation fuel. Meanwhile, an elated President of Dangote Group, Mr Aliko Dangote, has thanked President Bola Ahmed Tinubu for his support, encouragement, and thoughtful advice towards the actualisation of this project. Dangote also thanked the Nigerian National Petroleum Company Limited (NNPC Limited), the Nigerian Upstream Petroleum Regulatory […]

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