Business

Ex-Absa Bank Chief, Jeremy Awori Resumes as Ecobank Group New CEO

Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, the leading pan-African banking group, is pleased to announce that Jeremy Awori has officially assumed his role as Chief Executive Officer of the Ecobank Group. Jeremy Awori, commenting on his new role, said: “It’s a fantastic opportunity to take Ecobank to the next level […]

Read More
News

Nigeria Govt Parleys Stakeholders in Outsourcing Ecosystem on Opportunities Essential for Job Creation

The Nigerian Government has sought inputs from stakeholders in the outsourcing business to enable Nigeria to take advantage of the opportunities presented by global value chain, leveraging its competitive advantages of having the largest youth population in Africa, mature telecoms market, strategic geographic location, and vibrant innovation ecosystem to create millions of jobs. In pursuit […]

Read More
Business

Tecno Joins Foldable Raves Debutting with Phantom V Fold

Challenger manufacturer Tecno unveiled its foldable Phantom V Fold priced at just over €1,000, stating it is part of an ambition to bring premium technologies to its key markets. During a press event at MWC23 Barcelona, the company unveiled its latest offering aimed at consumers in what it describes as “frontier markets”. While the company […]

Read More
TechEntertainment

MultiChoice Secures Partnership Deal on Home-to-Fibre Internet Services

Video entertainment firm MultiChoice is intensifying its foray into the internet service provider (ISP) market. The company said it has partnered with Vumatel, one of the pioneers of the fibre-to-the-home FIBRE-TO-THE-HOME Contact Mesh Telecom for micro-trenching technologies that reduce turnaround time and the total cost of implementing fibre solutions. Click here for more info. “MultiChoice […]

Read More
News

WhatsApp Ranked World’s Favorite Social Media Platform with Two Billion Active Users Beating Facebook, Instagram & TikTok

While WhatsApp may differ in certain aspects from other social media platforms like Facebook, Twitter, or Instagram, the cross-platform has more than two billion monthly active users worldwide and ranks high among social media users. According to data presented by SportsLens.com, WhatsApp is the favorite platform among social media users, ahead of Facebook, Instagram, and […]

Read More
Business

Seplat Energy’s 2022 FY Revenue Grows by 29.8% to N403.9bn

Seplat Energy Plc, a Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, announces its audited results for the full year ended 31 December 2022, recording a rise in profit before tax by 15.3 per cent to N86.7bn from N71bn year-on-year. The company also generated cash from its […]

Read More
FinTech

Cryptocurrencies Users to Reach About 300 Million by 2024

The 2022 crypto winter has had a brutal impact on the entire market, wiping hundreds of billions of dollars off the global crypto market cap and wounding thousands of crypto companies across the world. But despite the headwinds and setbacks, investors’ interest in cryptocurrencies continued rising. According to data presented by BitcoinCasinos.com, the number of […]

Read More
News

African Telecoms Union Wants Telcos to Empower Youth as Device Producers & Not Consumers

Ecosystem players must upskill and train youth, particularly African youth, to not only interact with gadgets as consumers but also as producers. So said John Omo, secretary-general of the African Telecommunications Union (ATU), speaking at Huawei’s Digital Talent Summit ahead of Mobile World Congress (MWC) 2023, in Barcelona, Spain. The ATU is a specialised organ […]

Read More
Business

Nokia Rebrands to B2B Tech Firm & Eyes Opportunities in Mobile Device Market

Nokia has changed into a business-to-business (B2B) technology firm, as the Finnish company seeks to seize opportunities beyond mobile devices. Pekka Lundmark, Nokia president and CEO, unveiled the new-look brand yesterday at Mobile World Congress (MWC) in Barcelona, saying the latest branding is being rolled out across its sites and assets. “Today is another milestone. […]

Read More
Business

Emiefele Reviews Bank MDs, DMDs, EDs & Non-Executive Directors Tenure

The Central Bank of Nigeria (CBN) has reviewed the tenure of Executive Management and Non-Executive Directors of banks and other financial institutions. This was contained in a communique issued by the apex bank’s Director of the Financial Regulation Department of Chibuzo Efobi. The move is to strengthen governance practices in the banking sector, the CBN […]

Read More