Business

NITDA Signs MoU with American Tech Company, CISCO to Accelerate National Digitisation

The National Information Technology Development Agency (NITDA) has signed a Memorandum of Understanding (MOU) with Cisco to advance Nigeria’s digital transformation. Cisco’s Country Digital Acceleration (CDA) Programme is a global initiative that partners with government and private sector leaders to develop sustainable, secure, and inclusive communities powered by ethical and innovative technology solutions. The partnership […]

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Business

Nigeria’s  Mobile Communication Sector Expected to Increase GDP to N67trl by 2028

The contribution of the mobile communications sector of the Nigerian economy has the capability to increase the country’s Gross Domestic Product by about N67 trillion by 2028. To achieve that there had to be intentional policy interventions and consistent implementation, according to the Global System for Mobile Communications (GSMA). Senior Director of Public Policy and […]

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Business

Dangote Cement Assures of Commitment to Community Engagement, Sustainability in Host communities

Dangote Cement Plc, is prioritizing  community engagement, empowerment, and environmental stewardship to sustain its upward trajectory, The cement manufacturing firm said it believed that true progress is measured not only by economic prosperity but also by the holistic development of all stakeholders. The Plant Director of Dangote Cement Plc Obajana, Mr. Azad Nawabuddin, who disclosed this during a media chat in Obajana, said that […]

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News

eTranzact Secures License to Operate in Uganda

Nigerian-based payment technology solutions provider eTranzact has officially expanded into Uganda. The company’s expansion comes after receiving operational licenses from the Central Bank of Uganda in April 2024.  eTranzact Uganda’s license The licenses, granted under the National Payment Systems Operator Act, allow the company to operate as eTranzact Platform Limited, Uganda. They permit eTranzact to offer various payment solutions and services, […]

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Technology

Africa Tech Summit to Showcase Six Nigerian Tech Ventures at London Stock Exchange to Mark 8th Anniversary

AMA Press Release The Africa Tech Summit (ATS) London will showcasing six Nigeria startups at the London Stock Exchange when it celebrates its eighth edition, together with other tech ventures in its ATS Investment Showcase 2024. The ATS London Investment Showcase provides ventures with the opportunity to present their businesses to leading African tech investors, […]

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Mrs Tokunbo Ibrahim and Kashifu Inuwa
 Business

Again, NITDA Harps on Quest for Safe & Inclusive Digital Ecosystem

The quest for a safe and inclusive digital ecosystem was a subject of when Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa hosted the Head of Government Regulation and Public Policy TikTok Nigeria and West Africa, Mrs Tokunbo Ibrahim In his chat with her, Inuwa that reiterated the need for a […]

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Ebenezer Olufowose
 News

Hassan-Odukale Exit FirstBank as Chairman After 12 Years as Board Appoints Olufowose

The Board of FirstBank has appointed Mr Ebenezer Olufowose, a Non-Executive Director, as the new Chairman of the Board of Directors of First Bank of Nigeria Limited to takeover from exiting Mr Tunde Hassan-Odukale. This follows the expiration of the tenure of the former Chairman, Mr Tunde Hassan-Odukale who has completed 12 years for a […]

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Business

NESG Faults Introduction of Cybersecurity Levy, Says Nigerians Can’t Feed

The Nigerian Economic Summit Group (NESG) has faulted the timing of the introduction of the 0.5% cybersecurity levy on electronic transactions recently introduced by the Central Bank of Nigeria (CBN). In a statement on Thursday, NESG asked the Federal Government to reconsider the levy as Nigerians are currently groaning under multiple taxation and inflationary pressures. In […]

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Executive Vice Chairman, NCC, Dr. Aminu Maida
 Business

NCC Signs MoU with Nokia to Setup 5G/4G Test Lab & Train Nigerian Youth on Radio, Transmission Technologies

The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijanni, the Executive Vice Chairman and Chief Executive of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, have signed a Memorandum of Understanding (MoU) with Nokia Solutions and Networks Nigeria, to train young Nigerians on latest 4G/ 5G radio and transmission technologies at the Nigerian […]

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News

JUST IN: Nigeria’s Currency Devaluation Hits Airtel Africa Losses Over $4m, Says Only $550m Left for Debt Repayment

Airtel Africa Plc, just like the MTN Group was badly hit by the currency devaluation of the Nigerian Government thereby resulting to losses of up to $4,979 million, which was a decline of  5.3%, and leaving the telecom operator with $550 million for debt payment in May 2024. The Group in its year ended 31 […]

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