News

Nigeria’s Telecom Access Gaps Drop by 53%

The number of identified areas of clusters across Nigeria without access to the telecommunications services has been reduced by 53.1 per cent as at the end of 2022. The Executive Vice Chairman and Chief Executive Officer of the Commission, Prof. Umar Garba Danbatta, disclosed this at a recent telecoms industry stakeholders forum in Yenagoa, Bayelsa […]

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Business

Nigeria’s Vincent Olatunji Joins Forbes Technology Council

The National Commissioner of Nigeria Data Protection Bureau, NDPB, Dr Vincent Olatunji been appointed into Forbes Technology Council for 2023. Dr Olatunji was vetted and selected by a review committee based on the depth and diversity of his experience. The appointment highlights Nigeria’s recognition in the global data protection space. Forbes Councils’ founder Scott Gerber […]

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Business

Investors Harvest 140% Return from Dangote Cement

Investors who took positions in Dangote Cement’s stock in 2020 and exited June 31, 2023 harvested 140.26 per cent returns through capital appreciation and 11.11 per cent in H1- 23. This excludes dividend payment which has remained consistently impressive. In response to the economic headwinds which erode working capital, many companies are ploughing back a […]

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Premium Times Unveils Dr Ibietans Book Chronicling Nigerians’ Voting Behaviour

Premium Times Books, the book publishing arm of the Premium Times Group, has unveiled a new title, Cyber Politics: Social Media, Social Demography and Voting Behaviour in Nigeria, written by the Head of Media Relations Management at the Nigerian Communications Commission (NCC), Dr Omoniyi Ibietan. Ibietan’s book is officially making its way today physical and […]

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Business

Danbatta Gets Award on Quality Public Service Delivery, Assures of Broadband Support for e-Procurement

The Association of Public Procurement Practitioners of Nigeria (APPON) has conferred the Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, with the “Excellent Service Delivery and Accountability Award”. The award was in recognition of Danbatta’s outstanding performance and contribution to the canons of the public procurement profession […]

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2022 REPORT: Savannah Energy Records 20% Increase in Nigerian Operations as Renewable Energy Drive Continues

Savannah Energy PLC, the British independent energy company focused reported an impressive performance as stated in its audited results for the year ended 31 December 2022. The results showed Savannah’s total revenues grew 26% to US$290.4 million (from US$230.5m in 2021), ahead of previously issued guidance of US$215m. Adjusted EBITDA likewise rose 27% to US$222.4m […]

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Business

Nestle Nigeria and LBS Sustainability Centre Opens Application for 2023 Media Capacity Building Programme

Nestle Nigeria, LBS Sustainability Centre Open Application for 2023 Programme to Equip Journalists for Nutrition, Health and Environment Reportage Nestle Nigeria and Lagos Business School Sustainability Centre (LBSSC) have announced the opening of applications for the 2023 Edition of the specialised programme series for Journalists named ‘Nestlé Advancing Nutrition, Health and Environmental Awareness through the […]

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Business

Dangote Cement Gets Thumbs-up from NBTE as Female Truck Drivers Join Crew

For their strict compliance to rules and regulations governing road usage, the Dangote Cement Plc, Transport division, has quadrupled the enrollment of female truck drivers into the Dangote Articulated Truck Driving School, just as the National Board for Technical Education (NBTE) gave Dangote Cement Plc a thumbs-up over the establishment of the school The Dangote […]

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Business

NAICOM and NITDA Mulls Partnership to Tackle Cyber Security in Nigeria’s Insurance Sector

The National Information Technology Development Agency (NITDA) is exploring partnership and collaboration with the National Insurance Commission (NAICOM) on how to institutionalise Cyber Security Insurance in the country. The Director General of NITDA, Kashifu Inuwa who led the Agency’s management team to the Commission on a courtesy visit reiterated the fact that the insurance cover […]

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Nigeria Second Focal Point for Cyber Threats in Africa, Says Kaspersky

Nigeria is the second target for focal point for cyber threats, according to the latest data from the Kaspersky Security Network, even as African countries have increasingly become targets. The continent features prominently in the global top 100 for online threats, with Kenya ranked 35th, Nigeria 50th and South Africa 82nd. In the first quarter […]

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