administrator
Business

At Last MultiChoice Agrees to  Pay Nigeria $37.3m for Tax Settlement

The MultiChoice Group has bowed to the law and reached a settlement with Nigerian tax authorities agreeing to pay a total tax of about $37.3 million. According to a report by Reuters, the broadcaster said, “The total tax amount of $35.4 billion which MultiChoice Nigeria and MultiChoice Africa Holdings will be offset against the security […]

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Business

IXPN Hits 570 Gigabytes Per Second in Traffic, as Peak Traffic Grows Consistently in 10 Years

The Internet Exchange Point of Nigeria (IXPN) has continued to record yearly peak traffic growth. Managing Director and Chief Executive Officer of IXPN, Mr. Muhammed Rudman said that IXPN has confidently grown peak traffic annually for the past 10 years. Rudman who was speaking at the 2024 edition of IXPN Members Engagement Forum in Lagos, […]

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Telecoms

NCC Mulls Deeper Collaboration on Telecoms Industry Issues with Sierra Leone Government

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr Aminu Maida said that Nigeria and Sierra Leone shared the same challenges in their respective telecommunications industry. Maida made this known while hosting the Sierra Leone Minister of Communications, Technology and Innovation, Ms Salima Bah, who was in Nigeria for official visit. He said, […]

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Hardware

What to Know About Storage and Memory

How much storage does your device have? Understanding the basics of storage helps keep your phone or laptop in good running order. It will also help you select your next phone or computer, making sure you don’t get stuck with an underperformer. “Many people don’t think about storage other than looking for a big number, […]

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Business

Consumer Commission Taskforce Hunts Exploitative Digital Money Lenders

The Federal Competition and Consumer Protection Commission, FCCPC is intensifying enforcement efforts towards exploitation of consumers or abusive conduct by Digital Money Lenders. The Acting Executive Vice Chairman/ Chief Executive Officer of the Commission, Dr. Adamu Abdullahi in a statement said the commission observed an upsurge in violations of the Inter agency Joint Task Force’s […]

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Business

Future Africa Unveils 2nd Edition of Accelerate Africa Targeting Digital Solution by Early-Stage Startupss

Early-stage African start-ups that have created digital solutions aimed to resolve to societal challenges are invited to apply for the second edition of Accelerate Africa, which aims to help start-ups with development support and fundraising. Run in partnership with business development organisations, Future Africa and Prosper Africa, Accelerate Africa is an eight-week programme aimed to […]

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News

MasterCard Acquires $200m Stake in MTN Group Fintech

MasterCard yesterday sealed a definitive agreement with MTN, for a minority investment of up to $200 million in MTN Group Fintech, valued at $5.2 billion on a cash and debt-free basis. The Johannesburg Stock Exchange (JSE)-listed MTN Group stated today that the deal, which is non-categorised under the JSE Listings Requirements, was originally announced on August 14, […]

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Business

UK Govt Doles Regulators £10m Ahead of AI Rave

The UK government has decided to bung regulators £10 million to help make them ready for the rigours of handling everyone’s favourite fast-growing technology buzz topic: artificial intelligence. The move forms part of a broader funding allocation into AI. It comes alongside another £90 million to be ploughed into nine new UK-based AI research hubs […]

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Business

Senegalese President Applauds Aliko Dangote’s Impact on Senegal & Africa’s Economy

President of the Republic of Senegal, Macky Sall, has described Aliko Dangote, President of Dangote Group, as a blessing to Senegal and Africa as a whole. He lauded the entrepreneurial and philanthropic activities of the frontline businessman and said, the highest civilian award in Senegal, the National Order of the Lion Award, was bestowed on […]

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News

Olatunji Recounts Milestones of NDPC, Says Commission Rakes in N6.2b in 2023 & Created 10,123 Jobs

The Nigeria Data Protection Commission (NDPC) headed by Dr Vincent Olatunji is excited about the achievement that it has made in the las few years of its establishment. At the 2nd Anniversary Dinner and Awards Night, held alongside the unveiling of the NDPC Annual Report for 2023, the Commission revealed how much it has impacted […]

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