administrator
Business

Rack Centre Appoints Lars Johannisson as Chief Executive Officer

Rack Centre, West Africa’s Best-connected Carrier and Cloud neutral data centre has announced the appointment of Lars Johannisson as its new Chief Executive Officer. Johannisson, an accomplished leader with extensive experience in transformative industries, assumes the role effective January 2024. According to the Group Chief Executive Officer of Rack Centre, Jasper Lankhorst, the company Is […]

Read More
Business

Ecobank Splashes 9% Interest on SuperSavers Account Holders

 Ecobank Nigeria, a subsidiary of the Ecobank Group, the leading pan-African banking group has announced mouthwatering interest rates on its SuperSavers accounts. SuperSavers account is a high-yield savings account type tailored for customers who wish to maximize their returns on savings while benefiting from a customer-focused banking experience. The six months reward programme runs between January and […]

Read More
Hardware

Tech Layoffs to Persist in Near Future, Reveals GlobalData

Reflecting the dynamic landscape of the global workforce, the month of January 2024 witnessed a notable surge in conversations revolving around “layoffs” across diverse industries on “X” platform. The influencers’ discussions suggest a prevailing sentiment that indicates the likelihood of the layoff wave continuing, particularly in the tech sector. They also shed light on crucial […]

Read More
Business

AI Set to Disrupt Telecoms Operations, Vendors Tipped as Worst Target

As AI, which includes generative AI (genAI), continues to be a hotly debated topic and a key trend in 2024 for all things telecoms and tech, this article looks at the implications of AI on the telecoms industry, including its impact on workforce, intensified geopolitical tensions over chips (not the edible variety), and the opportunities […]

Read More
Technology

Generative AI to Become $100bn Industry by 2026

A decade ago, it was hard to imagine companies and consumers worldwide using generative artificial intelligence daily to automate tasks, write documents, do market research, or even basic coding. However, the rise of large language models and generative AI has only started, with the market expected to hit a massive milestone in the next two […]

Read More
Business

OPay Launches Fresh Security Features to Secure Customer’s Fund, Tightens Hold on User’s Data

OPay, Nigeria’s mobile money platform, which was recently applauded by the World economic Forum (WEF) and was awarded the consumer choice award by ADVAN,  has unveiled a suite of security enhancements, ensuring user’s fund stays secured. OPay operates as a licensed Mobile Money Operator (MMO) by the Central Bank of Nigeria (CBN), adhering to the […]

Read More
Business

Lagos Set to Host Exotic Cars Expo Showcasing Classic, Vintage Cars and Motorcycles

The Lagos Motor Show (LMS), in conjunction with Classic Cars Collector of Nigeria, ‘Work and Play’, a leading Motor Sport and recreation company, will be exhibiting car and a display of motor sports such as Vintage, Classic, Exitic Cars and Motor Sports at the Tafawa Balewa Square, Onikan Lagos from February 15-17, 2024. The Lagos […]

Read More
Business

Dangote Cement Celebrates Distributors, Splashes Prizes at Award Night

For their continued loyalty, the management of Dangote Cement Plc, at the weekend celebrated its teeming distributors across the country. The celebration was in appreciation of its customers’ patronage in the previous years and the company’s acceptability by Nigerians. The Distributors’ award ceremony was in recognition of the distributors’ long-standing commitment, devotion, loyalty, and valuable […]

Read More
Telecoms

Vertiv Expertise & Solutions Growing Impact on African Telecommunications Industry 

A new trends piece from Vertiv, looking at the telecommunications space in Africa; its importance, regional challenges and opportunities. The telecommunications industry across Africa occupies a complex yet active space, with factors such as significant investment in sub-sea connectivity cables, increasing demand for data centres, and the rollout of terrestrial fibre broadband infrastructure gaining increasing […]

Read More
Business

Again, OPAY Pledges to Implement CBN’s KYC Mandate, Unveils 2024 CSR Plan Targeting Education  

Leading the charge in mobile-based payments, OPay has pledged to implement a thorough removal process for accounts lacking a Bank Verification Number (BVN) and/or National Identification Number (NIN) starting March 1, 2024. This commitment follows the recent directives from the Central Bank of Nigeria (CBN) on Know-Your-Customer (KYC) requirements, mandating all individual accounts and wallets […]

Read More