Business

Seplat Energy Rejigs Board Bringing in More Experts & Professionals for Business Growth

The Seplat Energy has expanded its board bringing in more experts and professionals to drive further its business, and joining the Board of Directors, whose appointments  have been  approved are: Mr. Christopher John Okeke, Mr. Udoma Udo Udoma and Mr. Babs Omotowa as Independent Non-Executive Directors of the Company. Mr. Okeke and Mr. Udoma will […]

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FinTech

New NCC Boss Harps on Nigeria’s FinTech Sector as Critical for Deepening Financial Inclusion

The Financial Technology (FinTech) industry as a critical driver of financial inclusion of Nigerian citizens living in the underserved and unserved communities across the country. The Executive Vice Chairman and Chief Executive officer (EVC/CEO) of the Nigeria Communications Commission (NCC), Dr. Aminu Maida, said Fintech is revolutionizing Nigeria’s financial ecosystem as it represents a positive […]

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News

ICANN Studies New Generic Domain Names Request from SA  Beyond Traditional .Com .Org & .Net

The Internet Corporation for Assigned Names and Numbers (ICANN) is readying to open applications for the new Generic Top Level Domain Names (gTLDs) for South Africa. These gTLDs will go beyond the traditional .com or .org or .net. In an e-mail interview with ITWeb, Pierre Dandjinou, VP of global stakeholder engagement at ICANN, explains this […]

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Technology

NCC, ZOHO, Others Back AfriTECH 3.0 & ATAEx Awards

Nigerian Communications Commission (NCC), Zoho Nigeria, Digital Encode Limited, Inq.Digital, Notion Technologies limited have indicated their plans to sponsor the third edition of the Africa Tech Alliance Forum (AfriTECH 3.0). Themed: “Technology-as-a-Service (TaaS) in Emerging Economy”, AfriTECH 3.0 is also supported by Comercio Limited, Open Access Data Centres (OADC), Datasixth Security Consulting, PalmPay, Reliance Infosystem, […]

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Technology

Ericsson Unveils Software Designed to Tap 5G Potentials in SA

Swedish kit vendor Ericsson has unveiled what it calls a ‘software toolkit’ that aims to enable premium 5G connectivity services. The toolkit has four main components. Some new algorithms are designed to improve the performance of MIMO pairing and beamforming, which in turn should improve mid-band capacity. There are also improvements to RAN slicing such […]

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Social Media

Meta Flush-out of Redundant Staff Slashes Workforce by 24%

Facebook parent company Meta has seen a 24% decline in its headcount after announcing job cuts earlier this year. This emerged when the social media company announced its financial results for the third quarter of 2023. In March, Meta announced a second round of job cuts, reducing its workforce by 10 000 employees. This, after in November, […]

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Technology

Tizeti Secures Debt Financing to Expand Internet Access in Nigeria

Chapel Hill Denham’s Nigeria Infrastructure Debt Fund (“NIDF” or the “Fund”) has agreed to provide long-term financing to Tizeti Network Limited (“Tizeti” or the “Company”) (https://www.Tizeti.com) – West Africa’s pioneer solar-based internet service provider. The senior debt facility will be used to finance the rollout of Tizeti’s state-of-the art broadband network across 15 states in […]

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Business

ZTE Unveils Industry’s First Tbit All-Optical Access Platform

TE Corporation, which positions itself as a global leading provider of ICT solutions, has unveiled the latest Tbit-level deterministic all-optical access platform, the ZXA10 C600E, at the Network X exhibition held in Paris, France. This new platform has garnered significant industry attention and is poised to drive innovation in FTTx (fibre to the X) services […]

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Technology

NDPC Seeks Prompt Additional Safeguard, Harps Inter-Ministerial  Strategic Alliance

The Nigeria Data Protection Commission (NDPC) is worried that there are some personal data that are sensitive, which require additional safeguards, such as health records, labour union affiliation, sexual orientation, and information that can be used for discriminatory purposes. The National Commissioner/CEO, Dr Vincent Olatunji NDPC who made the observation while receiving the Minister of […]

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Technology

Microsoft Making Extra Investment into Africa’s AI Revolution

Microsoft is ramping up investments in the next wave of Africa’s artificial intelligence (AI) evolution, to support businesses to solve a myriad of challenges and unlock new opportunities. This was the word from Lillian Barnard, president of Microsoft Africa, delivering a keynote presentation yesterday at Microsoft’s AI, A New Era event in Johannesburg. Discussing the infinite economic […]

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