Business

Hermplify Unveils AI Platform for African Women Entrepreneurs & Girls to Tap into Continents’ $300bn Digital Economy

Hermplify, an AI-powered platform, has officially been unveiled to help women entrepreneurs and young girls in Africa grow their businesses and learn valuable tech skills. The platform is designed to make it easier for women to succeed by providing tools for managing their businesses, accessing financial support, and learning in-demand digital skills. Hermplify aims to […]

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Business

IoT Cybersecurity Market to Reach $60bn Globally by 2029 as Enterprise IoT Device Adoption Grow

The Internet of Things market, has found that global IoT cybersecurity market revenue will double over the next five years; rising from $27 billion in 2024. A new study from Juniper Research, said this growth of over 120% in cybersecurity spend will be necessitated by the rapid growth in enterprise IoT device adoption. This growth […]

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Internet

Global Domain Body, ICANN Opens Opportunity for Unrepresented Communities to Get On Internet

The Internet Corporation for Assigned Names and Numbers (ICANN), the nonprofit organization that coordinates the Domain Name System (DNS), has opened the portal for Applicant Support Program (ASP) for the New Generic Top-Level Domains (gTLD) Program: Next Round. A statement from ICANN said that the New gTLD Program: Next Round is an initiative that will […]

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Business

No Room for Monopoly in Nigeria’s Telecom Industry, NCC Assures Stakeholders

The Nigerian Communications Commission (NCC), has assured other key players and less dominant telecoms operators in the industry that as a regulator, it will not allow the industry to slide into a state of monopoly. According to the Commission, its essence of regulation of competition in  the sector is one of such way of ensuring […]

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News

Anambra State to Launch $58,000 Data Platform to Enhance E-Governance

The Anambra State Government in Nigeria has approved the development of a state-owned data management platform with an estimated budget of $58,000. The decision was revealed at the 34th Anambra State Executive Council meeting. Dr. Law Mefor, the state’s information commissioner, stated, “The Solution Data Platform is part of Anambra State’s broader strategy to utilize […]

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Business

Nestlé Nigeria Unveils Judging Panel for 2024 Media Awards

Nestlé Nigeria has unveiled the panel of judges for the 2024 Nestlé Nigeria Media Awards, an event that recognizes and celebrates journalistic excellence across Nigeria. Now in its fourth year, Nestlé Nigeria Media Awards recognizes and rewards media professionals who skillfully highlight critical issues around nutrition security, environmental sustainability and socio-economic development. The judges including […]

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Business

Lagos State Empowers 26 Agripreneurs with N100m Grant to Transform Food Production

Live-line has come to the agriculture business in Lagos as 26 young agripreneurs got N100 million in grants from Lagos Ministry of Agriculture and Food Systems department in collaboration with the Lagos State Employment Trust Fund (LSETF) and Eko Innovation Centre. The gesture came at the maiden edition of the Lagos Agrinnovation Summit, which designed […]

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Business

MTN Nigeria Secures N75bn of N250bn Commercial Paper in 27.50% and 29.00% Yield

MTN Nigeria Communications Plc successfully secured more than N75 billion from the debt capital market, the telecommunications company. The leading operator told Nigerian Exchange Limited and the investing public a issuing mail that the amount was raised at a higher yield of about 30% for the short-term borrowing the company sought to boost working capital. […]

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Business

Too Many Voice, Data Plan Confusing Consumers, NCC  Tells Telecoms Operators

The Nigerian Communications Commission(NCC), said  telecoms operators should consider reviewing the volume of voice and and data plans that they have in their service profile stressing that the several voice and data plans are confusing the consumers. According to the NCC, Globacom, has 6 voice plans and 32 voice plans while EMTS, which is 9Mobile, […]

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FinTech

We Will Not Impose Regulatory Standards, NITDA Assures Stakeholders

The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa said that the Agency is not just bent on imposing standard on the ecosystems. According Inuwa, NITDA’s regulatory approach, which is based on a triple helix model, is not just about imposing standards but actively creating and supporting markets. Inuwa who gave […]

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