Ahead of the planned introduction of a new capital base for deposit money banks in Nigeria, the Central Bank of Nigeria (CBN) has been warned by an economists to take cautioned and making some mistakes made during the last recapitalisation of commercial banks in the country. The Founder of Centre for Promotion of Private Enterprise, Muda […]
Read MoreThe MTN Group said it has utilised the services of systems integrator NEC XON to deploy Phoenix, Africa’s first 400G optical transponder solution, to accelerate its networking infrastructure across Africa. According to a statement, NEC XON combined its technologies with the Phoenix to provide customers with reliable and fast internet connectivity, as part of the IT […]
Read MorePan African Towers (PAT), a digital infrastructure company based in Nigeria, has gone into a strategic investment from Development Partners International (DPI), an investment firm focused on Africa, and Verod Capital (Verod), an investment management firms. DPI and Verod are investing in PAT to fuel its continued growth. Established in Nigeria in 2017 to capitalise […]
Read More
There are indications that Finland company, Nokia Networks may soon invest in Nigeria’s telecoms industry following a request from the Nigerian Communications Commission (NCC) to the on investment opportunities in the industry. Executive Vice Chairman of the NCC, Dr Aminu Maida had requested from the company to increase its investments in Research and Development (R&D) […]
Read MoreThe Lagos State Police Command has arrested one Benjamin Ezeukwe aged 28 for masterminding and fleecing hundreds of innocent Nigerians in an elaborate cement-price-slash scam. Benjamin was arrested on October 19, 2023 in Rumuolumeni area of Obio/Akpor local government area of Rivers State following weeks of intensive investigation by officers of Area A Command of […]
Read MoreMoniepoint one of Nigeria’s fintech companies is worried that despite the growing numbers of hubs in the country, they are concentrated in the commercial cities of Lagos and Abuja. As such, the company has made a call part for concerted efforts to be directed at creating more thriving technology hubs outside of Lagos and Abuja. […]
Read MoreThe Nigeria Police Force, has arrested an alleged cyber-crook, Wilfred Bonse who hacked into the system of a technology firm and made away with about N200 million. An investigation by the National Cybercrime Center of the Nigeria Police (NPF-NCCC). led to the arrest of the suspect who was said to have stolen funds belonging to […]
Read MoreA research from The knowledge Academy, has found out that Project Manager is the most in-demand tech job for 2023,with 359 active roles in the IT job market, offering an average salary of £47,295 in the UK. An IT Project Manager oversees the department’s objectives and directs strategy changes, playing a […]
Read MoreThere are possibilities of partnership between the National Information Technology Development Agency (NITDA and the International Fund for Agricultural Development (IFAD), to use Information and Communications Technology (ICT) for development (ICT4D) in the Agricultural Sector and make access to digital technologies more equitable. IFAD has made a proposal to NITDA during a visit by the […]
Read MoreThe increased distrust on the Governance in Nigeria coupled with the manipulation of government processes by corrupt persons can be curtailed through the deployment of the blockchain technology. According to the Director General, National Information Technology Development Agency, (NITDA) Mr Kashifu Inuwa, it has become “highly imperative that blockchain policy and technology be adopted and […]
Read More
