Business

Seplat Energy Assures Nigerians of  Ability to Tackle Gas Supply Deficit 

Seplat Energy Plc, Nigeria’s  independent energy company is rising to the challenge of energy deficit in Nigeria through its new critical projects, which are capable of taking the company’s gas processing capacity to 850 Million standard cubic feet per day (MMscfd) consolidating the company’s position as a leading gas supplier to the Nigerian market. The Director […]

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AMA

Three-quarters of Nigerians & Ghanaians Ready for Reskill Amid GenAI Rave, Says Report

  AMA PRESS RELEASE Three-quarters of workers around the world believe GenAI will bring some level of disruption to the workplace. Despite uncertain times, they remain confident about their place in the labour market with 75% of Nigerians and Ghanaians willing to be retrained in any case and 23% if necessary to stay ahead in […]

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Financial

Meta Plans Spending $99bn of Money Made from Your Activities on All Platforms Year End

The social media giant Meta Platforms plans to spend between $96 billion to $99 billion from the money it will make from your activities in all its platform: Facebook, Instagram, Threads and WhatsApp, among other products and services. As at June 30 of 2024, the already made $39 billion. “We expect full-year 2024 total expenses […]

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Business

USA Court Ruling: Google Search Engine Business Monopoly Tumbling

Google has violated US antitrust law with its search business, a federal judge ruled Monday, handing the tech giant a staggering court defeat with the potential to reshape how millions of Americans get information online and to upend decades of dominance. “After having carefully considered and weighed the witness testimony and evidence, the court reaches […]

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Business

Nestlé Nigeria Invests Over N6bn in Youth Empowerment and Skill Development

Nestlé Nigeria underscored its commitment to youth empowerment and skill development at the recent graduation ceremony of ten young trainees from its Technical Training Centre (TTC) in Agbara. Since the program’s inception in 2011, the company has invested over six billion naira in upskilling young Nigerians, demonstrating its dedication to fostering the next generation of […]

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Business

Meta Dangles $2m Grants Before Africans Who Develop Apps to Tackle Poverty & Enhance Economic Devt

Meta, the parent company that owns Facebook, Instagram and WhatsAPP  is offering a grant of $2 million to Africans who are able to develop applications in areas such as economic development, science and innovation and public service. The company made this known while unveiling the launch of the Llama 3.1 Impact Grants, in its continued […]

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Business

Satellite Network Operators Planned Launch of 15,000 New Satellites to Boost Nomadic Connectivity

The number of satellites in orbit that can be leveraged for IoT connectivity will grow 150% over the next five years, according to report from  Juniper Research. The report said that these satellites will grow from 10,000 in 2024 to over 24,000 by 2029; owing to increased demand for connectivity in nomadic locations from IoT […]

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Business

NCC Orders Telecoms Operators to Make Tariff Plans, Data Bundles & Others Understandable to Consumers

The Nigerian Communications Commission (NCC) has issued a directive to telecommunications operators to simplify their tariff plans, bundles, and promotional activities. The Commission in a statement issued by the Director, Public Affairs, Mr Reuben Muoka, said it wants the telecoms operators to provide clear, easy-to-understand, and accurate information about the cost of voice, short messaging service (SMS) […]

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Business

Vertiv Introduces Single-Phase UPS Portfolio for Network Edge in EMEA & Latin America

Vertiv, a global provider of critical digital infrastructure and continuity solutions, today introduced 1kVA to 3kVA capacities of the Vertiv Liebert GXE, an online double conversion, single-phase uninterruptible power supply (UPS) for 230V applications designed to support critical applications deployed at the network edge. With the addition of the new models, the Liebert GXE family is now […]

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Business

Zambian Govt Unveils Telecoms, Tourism & Other Investment Opportunities for Africans

AMA PRESS RELEASE: As sponsors of AFSIC this year, Zambia Development Agency is proud to present a number of investment opportunities in the AFSIC Deal Book, which we invite all investors to peruse. Zambia Development Agency looks forward to the opportunity to link all prospective investors with the project promoters and provide a wide range […]

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