Dangote has continued to attract huge forex into the country through his pan-African operations as the half-year result for Dangote Cement indicates an increase in revenue from Pan-African operations by 139.9 per cent, growing to N807.1 billion as against N336.4 billion, reported in the corresponding period of 2023. The cement plant also reported a 10.9 […]
Read MoreSmartCash Payment Service Bank, a subsidiary of Airtel Nigeria, has added a convenient method for customers to top up their Cowry cards using the SmartCash mobile app. This follows an integration with Touch and Pay, a provider of automated payment solutions and the owner of Cowry. The new SmartCash feature aims to meet the social […]
Read MoreThe National Association of Nigerian Students (NANS) have passed a vote of confidence on the Dangote Refinery describing the recent demarketing of the world’s largest single train refinery by the Nigeria National Petroleum Corporation Limited (NNPCL) as the greatest disservice to the nation’s economy. The students’ position came amidst alleged efforts by management of the […]
Read MoreAs the push for e-mobility expands across the continent, Spiro, an electric vehicles manufacturer, launched operations in Nigeria’s Ogun State yesterday. The company and the Ogun State government unveiled e-bikes and tricycles as part of the state’s e-mobility strategy. The initiative, according to the government, intends to reduce transportation costs in the state while simultaneously […]
Read MoreThe earnings of Ecobank Transnational Incorporated (ETI), a pan-African banking group, rose to the highest in at least nine years of N311 billion in the first six months of 2024. According to the bank’s latest financial statement, its after-tax profit rose by 196 percent to N311 billion in H1 from N105 billion in the same […]
Read MorePan African Towers (PAT) Ltd, Nigeria’s provider of digital infrastructure has announced the appointment of Jyoti Desai and Vivek Gupta as Non-Executive Directors, with effect from May 21st, 2024. Jyoti Desai, a former Group Chief Operating Officer of MTN, is a banking and telecoms professional with more than 35 years in the industry. Her achievements […]
Read MoreMTN Nigeria yesterday closed its offices nationwide after some of its offices were vandalised by aggrieved customers whose lines were disconnected for defaulting in the NIN-SIM linkage policy. The telco said it was still taking stock of its losses as a result of damages protesters inflicted on its operations by physically destroying some of its […]
Read MoreSeplat Energy PLC, Nigeria’s independent energy company was able to outrun its previous profit before tax (PBT) to N43.5 billion as its latest financial statement for the six months ended 30 June 2024 revealed a PBT of N244 billion Its unaudited results for the for the six months ended 30 June 2024, declaring US 6 […]
Read MoreThe National Information Technology Development Agency (NITDA), is further strengthening its mandate of digital transformation through a collaboration with the Digital Transformation Center (DTC) Nigeria and the implementing organisation Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ). Recently, NITDA through the collaboration held a two-day event titled “Digital Policy Dialogue: Cooperate. Innovate” aimed at engaging stakeholders on […]
Read MoreRack Centre, West Africa’s carrier and cloud neutral data centre has entered into a channel partner agreement with Cofinity Group, Inc. (CGI), to facilitate access to its robust, state of the art data centre infrastructure in Lagos Nigeria, for businesses looking to migrate to quality colocation data centre services. According to Rack Centre’s CEO, Lars […]
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