Business

Nigeria to Host Africa’s First Digital Economic Zone as Itana Partners AFC to Unlock Digital Economy  

Itana, Nigeria’s first licensed digital economic zone management business, and Africa Finance Corporation (AFC), the continent’s infrastructure solutions provider, have agreed to co-develop Africa’s first digital economy zone to unlock the digital economy. The zone is being established to allow global and pan-African technology, finance, and service-based businesses to easily operate and scale across Africa. The AFC […]

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Business

Why Hackers May Decide to Strike You Soon

As Africa continues to embrace digital transformation, the continent is also becoming increasingly vulnerable to cyberthreats, particularly Distributed Denial of Service (DDoS) attacks. These incidents, which disrupt the availability of networks, applications and services, are becoming a favoured tool among hackers looking to exploit vulnerabilities for malicious purposes. Why do hackers use DDoS attacks? DDoS […]

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Business

Nestlé Nigeria’s CEO, Wassim Elhusseini, Honoured at BusinessDay Top 25 CEO Awards

Chief Executive Officer, Nestlé Nigeria, Mr. Wassim Elhusseini, has been recognized as one of the Outstanding CEOs of the year at the recent BusinessDay Top 25 CEO Awards. The BusinessDay Top 25 CEO Awards 2024 acknowledges the achievements of CEOs from companies listed on the Nigerian Stock Exchange (NGX) and the Next Bulls category—an elite […]

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Business

Dangote Granite Mines Awards Scholarship Grant to Ogun State Secondary School and Tertiary Institution

Dangote Granite Mines Limited has awarded multi-million naira scholarships to secondary school and tertiary institution students from Ijebu-Igbo in Ijebu-North local government area of Ogun State. The company stated that the scholarship initiative underscores its commitment to empowering local communities through education and contributing to their overall development. Describing the programme as a key component […]

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Business

Advanced Air Mobility Revenue to Near $6bn Globally by 2030

Air Mobility (AAM) revenue will reach $6 billion by 2030, up from just $31 million in 2025; a compound annual growth rate of 187%. AAM is the creation of new aviation technologies that enable small scale flights across short distances; often in urban areas. Juniper Research, study attributed this rapid growth to Urban Air Mobility […]

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Telecoms

Education, Economic Growth Remain Key Pillars of Our Sustainability Strategy, Says IHS

IHS Nigeria, part of IHS Holding Limited (NYSE: IHS) (“IHS Towers”) group, has reaffirmed that education and economic growth are key pillars of its sustainability strategy. The tower company stated it is actively involved in various educational initiatives, with a particular focus on increasing access to STEM subjects. IHS is one of the largest independent […]

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Business

LG Electronics Signs Strategic Partnership with EbonyLife Creative Academy to Support Africa’s Filmmaking Community

LG Electronics (LGE) has gone into a strategic partnership with EbonyLife Creative Academy (ELCA), an institution dedicated to nurturing Africa’s next generation of creative talent. This collaboration is designed to support the filmmaking community through state-of-the-art technology and foster the development of world-class cinematic content in Nigeria and across Africa. Under this exciting partnership, LG […]

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Business

Risk Management and Security Solutions Company, IIRIS Expands Presence in Africa with Unveiling of Nigeria’s Office

IIRIS, a risk management and security solutions company, has announced the opening of a Nigeria office, marking an important expansion of its operations in Africa. IIRIS, an Indian firm, operates in over seven countries, serving both government and private companies. The company also collaborates with Original Equipment Manufacturers to create bespoke solutions in the fields of technology […]

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Business

MainOne’s MDXi to Rebrand as Equinix with New Era Beckons for West Africa’s Data Centre Firm

MDXi, a subsidiary of MainOne, a data centre company in West Africa, will be rebranded as Equinix next month. MainOne is already an Equinix company, which is also a connectivity solutions provider with presence in Nigeria, Ghana, and Côte d’Ivoire. The company’s assets include four active data centers and a 7,000-kilometer submarine network that connects Portugal to […]

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Business

TD Africa Unveils Solution Design to Help Businesses Slash Operational Cost by 40 Percent 

TD Africa has launched its Managed Service Providers (MSP) service as part of its continuous drive to help businesses in West Africa move away from the usually slow, labour-intensive and erroneous traditional network service provision, replacing it with an optimized network infrastructure. The service provision authorisation which provides a more efficient, scalable and secure approach […]

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