Business

Seplat Energy, CEO Recognised for Excellence at Excel Africa Awards

Seplat Energy Plc, a Nigerian independent energy company listed on both the Nigerian Exchange (NGX) and the London Stock Exchange (LSE) has emerged as winner of the ‘Excellence in Energy Leadership Company of the Year 2023’ award at the Excel Africa Excellence in Corporate Enterprise and Leadership Awards. Its Chief Executive Officer, Mr. Roger Brown […]

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Business

Cybercriminals Loot Over $600m from Cyberattacks 125 in H1 2023

A new year brings a new wave of cyber incidents for the crypto sphere. According to the analysis by the Atlas VPN team, various crypto projects and their clients lost a whopping $666,354,302 to 125 cyberattacks in the first half of 2023. Nevertheless, compared to the same period last year, crypto-related cyber incidents and losses […]

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News

HP, Microsoft & T4 Education Name JA Africa CEO Winner Africa Education Medal 2023

Tech firm HP, in partnership with Microsoft and T4 Education, has named Simi Nwogugu, CEO of JA Africa, as the winner of the Africa Education Medal 2023. The Africa Education Medal was founded last year with the aim of honouring individuals who have demonstrated impact, leadership, and advocacy in education. Nwogugu is based in Nigeria […]

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Business

Nestlé Empowers Over 300 Food Vendors to Foster Economic Growth

Nestlé Professional continued its project to foster economic growth among food vendors in Nigeria hosting over 300 participants including food vendors, chefs, canteen and restaurant operators as well as culinary school students were trained on how to improve their food businesses at a Business of Food workshop in Ilorin. The training covered various aspects of […]

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Business

Fitch Foresees Upgrade of Ecobank’s National Ratings As Exchange-rate Volatility Recedes

Fitch Ratings foresees an Ecobank Nigeria upgrade of ENG’s National Ratings which would result from strengthening its creditworthiness relative to other Nigerian issuers. According to the international rating agency, it expects to resolve the Rating Watch Negative (RWN) of ENG “within the next six months when exchange-rate volatility may recede, the impact on regulatory capital […]

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Technology

NITDA Laments Absence of Nigerian Made IoT Device, Seeks More Data Center for IOT Data Storage

National Information Technology Development Agency (NITDA), said there are no locally manufactured IoT devices, and calls for the need to build infrastructure, like data centers, cloud solution where IoT data can be stored. The Director General of NITDA, Mr Kashifu Inuwa, who spoke at the IoT West Africa Conference and Exhibition 2023 in Lagos State, […]

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Business

JUST IN: Telecoms Investment in Nigeria now $75.6bn as Sector Tops-Up GDP By N10.126Trl

The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has officially announced that the investment profile in the nation’s telecommunications sector, comprising foreign direct investment (FDI) and local investment, has reached $75.6 billion as of 2021. Danbatta disclosed this at an interactive session with stakeholders in the communications media […]

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Technology

Nigeria’s Neighbour Benin Battles to be Africa’s Technology Catalyst

Benin is positioning itself to become a catalyst for digital development in Africa. Benin recently hosted the Digital Entrepreneurship and Artificial Intelligence trade show, where the country punted itself as a centre of technology innovation in West Africa. Organised by the Ministry of Digital Affairs and Digitalisation, the event brought together Beninese talent and international […]

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News

Ex-Airtel Nigeria Staff Ayo-Oladejo Joins South Africa’s 4th Largest Mobile Network

Former Airtel Nigeria staffer Rachael Ayo-Oladejo has been appointed chief of staff, strategy and business transformation of South Africa’s Cell C, reporting directly to CEO Jorge Mendes. South Africa’s fourth mobile network announced the appointment of Ayo-Oladejo, saying she will play a critical role in driving Cell C’s strategic initiatives. According to a statement, in […]

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Technology

INEC ICT Team Not Resilient Enough to Tackle System Hacking, Says Ex-Commissioner

A former National Commissioner of the Independent National Electoral Commission (INEC), Mustapha Lecky, says those in the Information Communication Technology (ICT) unit of the Commission lack the competence to tackle any technological disruption in their system. He said that INEC over-promised by saying that it will transmit election results in real time, adding that the […]

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