The Nigerian Communications Commission (NCC), has directed telecoms operators to reactivate all lines that were disconnected over the weekend due to failed NIN/SIM verification process. In a statement issued by the Director of Public Affairs of the NCC, Mr Reuben Muoka, explaned that the directive became necessary due to the short time available for consumers […]
Read MoreAnother company has again acquired a majority stake in Emerging Markets Telecommunication Services Limited, the parent company of 9mobile. In 2018, Teleology holdings limited completed the payment of $351 million, bided to take over ownership of the debt-ridden 9mobile telecommunications. Recently, the company was involved in a scandal indebtedness of N55bn to Keystone Bank. The […]
Read MoreThe Host Communities of Nigeria Producing Oil and Gas (HOSTCOM), over the weekend, threatened to renew agitation for greater autonomy and control of their natural resources, if the Nigerian National Petroleum Corporation (NNPC) and the International Oil Companies (IOCs) fail to sell and supply crude oil to Dangote Refinery and other local Refineries, in their […]
Read MoreThe substantial increase in fuel prices and the lower contribution of Nigeria to the Group after the naira devaluation contributed to a decline in EBITDA margins to 45.3% from 49.5% in Q1’24 and 46.5% in Q4’24. Latest report released today revealed constant currency EBITDA increased 11.3% whilst reported currency EBITDA declined by 23.3% to $523 […]
Read MoreThe Consolidated Alliance for Grassroots Mobilisation (CAGraM), has launched a smart card to mobilise and track votes and curtail election rigging in the country. Mr Nwosu Emmanuel, Executive Secretary of CAGraM, said this in Abuja at the unveiling, data capturing and issuance of membership smart cards to leaders on Thursday in Abuja. “Our target is […]
Read MoreAMA PRESS RELEASE The African telecommunications market has seen significant consolidation over the past decade, characterised by mergers, acquisitions, and closures such as Telecel’s acquisition of MTN’s operations in Guinea-Bissau and Guinea Conakry; as well as its acquisition of Vodafone Ghana. According to Robert van Breukelen, CEO of Itemate Solutions, this comes as mobile financial […]
Read MoreNigeria Reaps from Own tech Talent Programme… Awarri, the Nigerian startup selected to build the country’s first AI, has engaged over 500 fellows of the federal government’s ‘3 Million Technical Talent’ (3MTT) programme. The aim is to use the cohort as data collectors in building the multilingual large language model. The Minister of Communications, Innovation, […]
Read MoreTesla, the iconic electric vehicle company, experienced a 12% drop in its stock value after presenting mixed results for the year’s second quarter. This behavior in the stock market has generated a mix of concern and expectation among investors. The reported earnings per share were $0.52, which fell short of Wall Street’s expectations of $0.61. […]
Read MoreA new report of the International Telecommunications Union (ITU), has ranked Nigeria very high at 71 per cent, in comparative legal, policy and governance frameworks towards G5 – advanced state of readiness for digital transformation known as G5 with Germany, Finland and Singapore leading the global chart. In the report conducted by the ITU, and […]
Read MoreMeta Shut Down 63,000 Accounts in Nigeria… Meta Platforms said on Wednesday it had removed about 63,000 accounts in Nigeria that attempted to engage in financial and sexual extortion scams mostly aimed at adult men in the United States. Nigerian online fraudsters, known as “Yahoo boys,” are notorious for scams that range from passing themselves […]
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