The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, yesterday, assured the West African Telecommunications Regulators Assembly (WATRA) of the Commission’s continued support in fulfilling its strategic role in shaping the regulation of the telecoms sector in the sub- region. Engr. Aliyu Aboki, the Executive Secretary of the West Africa Telecommunications […]
Read MoreEcobank, the pan-African financial services group, unveils its new brand campaign ‘A BETTER WAY , A BETTER AFRICA’ yesterday, at the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 (AFCON). Ecobank is a proud official sponsor of the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 and is leveraging the unifying, exhilarating, and […]
Read MoreTelecoms operators will generate $400 billion in service revenue from 5G networks in 2024; an annual growth of 32% from 2023, says Juniper Research. However, the report anticipates that as 5G penetration rates become saturated amongst consumers, it will be imperative for operators to launch services over 5G networks that provide value to enterprise IoT […]
Read MoreTechnology innovation centre, Co-creation Hub has announced an investment of $700,000 in tech startups based in Edo State to apply through its Innovation Challenge and Support programs. The initiative aims to accelerate the growth of technology-driven enterprises within the state. Under the investment programs, a total of 30 startups are set to receive $10,000 each, […]
Read MoreAfrican Export-Import Bank (Afreximbank) has successfully arranged a syndicated US$3.3 billion crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited (NNPCL). An initial disbursement of US$2.25 billion has been made. A second tranche of US$1.05 billion is expected to be disbursed subsequently. This landmark financing is Nigeria’s largest crude oil prepayment facility […]
Read MoreThe Central Bank of Nigeria (CBN) is set to transfer some of its departments from Abuja to Lagos State. According to an internal memo, the departments affected include Banking Supervision; Other Financial Institutions Supervision; Consumer Protection; Payment System Management, and Financial Policy Regulations. The move is to decongest the apex bank’s head office. THISDAY gathered […]
Read MoreThe Nigerian Government is reviewing the Guidelines for Registration of ICT Service Providers/Contractors engaged by Ministries, Departments, and Agencies (MDAs) of the Federal Government of Nigeria. According to the regulatory agency, the National Information Technology Development Agency (NITDA), the Government is undertaking the comprehensive review of the Guidelines for Registration of ICT Service Providers/Contractors to […]
Read MoreDangote Petroleum Refinery has commenced production of diesel and aviation fuel. Meanwhile, an elated President of Dangote Group, Mr Aliko Dangote, has thanked President Bola Ahmed Tinubu for his support, encouragement, and thoughtful advice towards the actualisation of this project. Dangote also thanked the Nigerian National Petroleum Company Limited (NNPC Limited), the Nigerian Upstream Petroleum Regulatory […]
Read MorePresident Bola Ahmed Tinubu has suspended all administered programmes by the National Social Investment Programme Agency (NSIPA). Announcing the suspension in a statement on Friday, the Director Information, Secretary to the Government of the Federation, Segun Imohiosen, said the president’s decision was in view of the “ongoing investigation of alleged malfeasance in the management of […]
Read MoreGlobal PC shipments rebounded in the fourth quarter (Q4) of 2023, ending a streak of successive quarterly declines. This is based on insights by research firm Canalys, which says total shipments of desktops and notebooks rose to 65.3 million units in the last quarter of 2023, a year-on-year growth of 3%. The research firm reveals that […]
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