The proliferation of edge computing use cases has shifted critical equipment and data from the protected confines of the data centre to more demanding environments where heat, humidity, air quality, and physical security are significant challenges. Recognising this new reality, Vertiv, a global provider of critical digital infrastructure and continuity solutions, today introduced the Vertiv […]
Read MoreMore than 200 schools have so far registered for the National Schools’ Team Chess Championship being organized by Ecobank Nigeria in collaboration with Nigeria Chess Federation (NCF). The competition is open to students from primary to tertiary education level with prizes of over N15 million to be won. Vice President, Nigeria Chess Federation, Prince Adeyinka […]
Read MoreThe Capital Inflow (Foreign Direct Investment) into the Nigerian Telecoms Industry in the Year 2022 dropped significantly to about USD399,905,531.38 as against USD753,044,446.35 recorded for the year 2021, similarly domestic investment dropped by 36.1% Meanwhile, Telecoms industry contribution to the Nigerian Gross Domestic Products went up from 12.61% in the Fourth Quarter, 2021 to 13.55% […]
Read MoreFifty percent of public service institutions − such as schools, clinics, hospitals, libraries and traditional offices − are anticipated to be connected to the internet by 31 March 2025. This, as part of the universal service obligations imposed on licensees by the telecoms regulator, following the licensing of high-demand spectrum in March 2022. So says the Independent […]
Read MoreVodacom Group Ltd. is talking with France’s Orange South Africa about a strategic partnership in Africa to explore infrastructure deals to help keep down costs in Africa. The telecommunications companies are reviewing agreements in overlapping markets, including Egypt and the Democratic Republic of Congo, and evaluating other opportunities to collaborate, said the people, who asked not to be […]
Read MoreCrude oil production is nearing 1.7 million barrels per day, according to the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari. This was revealed by the NNPCL boss, as he addressed stakeholders at an engagement between the Nigerian Association of Petroleum Explorationists and the NNPCL in Lagos on Saturday. According […]
Read MorePresident of the Pan-African Conglomerate, Dangote Industries Limited (DIL), Aliko Dangote has called for increased investments in the African continent to foster its rapid growth and development. Speaking at the largest gathering of private sector leaders in Africa, the Africa CEO Forum in Kigali, Rwanda, Dangote emphasized that recent trends underscore Africa’s pivotal role as […]
Read MoreSeplat Energy Plc has emerged winner of the Best in Sustainability Reporting Award at the maiden Corporate Reporting Award, organised by the Institute of Chartered Accountants of Nigeria (ICAN) and NGX Regulation Ltd (NGX RegCo). The recognition was announced at the ICAN/NGX RegCo Awards ceremony held in Lagos. It was a platform to recognise the […]
Read MoreDangote Cement has been honoured with the top prize at the inaugural Corporate Reporting Award, jointly organized by the Institute of Chartered Accountants of Nigeria (ICAN) and NGX Regulation Limited. The leading cement manufacturer received the Platinum award for excelling across all three reporting categories, showcasing exemplary reporting practices that comprehensively address all relevant aspects […]
Read MoreThe Central Bank of Nigeria (CBN) has withdrawn its earlier circular directing banks to implement a controversial 0.5% cybersecurity levy on electronic transactions. The decision of the apex bank to withdraw the circular followed the public outrage that trailed the announcement of the policy two weeks ago and the suspension of the levy by the […]
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