Business

IHS Nigeria Launches Nigeria’s First Digital Museum of Antiquities

IHS Nigeria, part of the IHS Holding Limited, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, and the National Commission for Museums and Monuments (NCMM) are pleased to announce the launch of Nigeria’s first digital museum of antiquities, marking an important step towards digitizing […]

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Technology

Nigeria to Acquire Hitech Military Equipment worth Over $346m from USA Govt

The State Department has made a determination approving a possible Foreign Military Sale to the Government of Nigeria of Munitions, Precision Bombs, and Precision Rockets and related equipment for an estimated cost of $346 million. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale today. The Government of Nigeria […]

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Business

Bitcoin Surges On as  deVere Group’s $150,000 Prediction Stays on Course

Bitcoin has surged to fresh record highs this week, trading above $123,000 and pushing further past July’s peak as momentum from institutional buying, corporate treasury adoption, US policy support, and sovereign-level gains continues to build. The move strengthens global financial advisory giant deVere Group’s projection that Bitcoin could hit $150,000 before the end of 2025. The world’s […]

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Business

JUST IN: NCC, NSA Block Planned Energy Sector Strike to Avert Telecoms Sites Fuel Supply Disruption 

The Nigerian Communications Commission (NCC) has successfully averted an industrial action by Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) that would have disrupted the supply of diesel to telecommunications sites nationwide, severely affecting network operators’ ability to power their diesel-driven generators and maintain uninterrupted connectivity. A successful mediation led by the Office of […]

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Technology

Nigerian Youth Showcasing Innovative Tech Solutions Win Prizes Worth N20m at InnovateX Challenge

The InnovateX Challenge which recently gave Nigerian youth prize worth over N30 million was created to empower and equip young people to transform their passions into scalable solutions for national development. Speaking at the grand finale of the competition, Executive Director of Commercial and Consumer Banking at Ecobank Nigeria, Mr Kola Adeleke, said that as […]

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Business

Truecaller Crosses 100 million Monthly Active Users in Middle East and Africa

Truecaller, the global platform for verifying contacts and blocking unwanted communications, reached a significant milestone in August as the number of monthly active users (including both Android and iOS) crossed 100 million in the MEA-region, representing a 19% growth y-o-y. “With the Middle East and Africa experiencing significant growth in smartphone adoption and mobile data […]

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Business

President Tinubu Appoints New Board for NCC &USPF, Maida Remains EVC/CEO

President Bola Ahmed Tinubu has constituted the boards of the Nigerian Communications Commission (NCC) and the Universal Service Provision Fund (USPF), both agencies under the supervision of the Ministry of Communications, Innovation and Digital Economy. Idris Olorunnimbe was appointed Chairman of NCC, while Dr Aminu Waida remains its Executive Vice Chairman/Chief Executive Officer. Tinubu appointed […]

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Business

Teraco Completes Hyperscale Data Centre Expansion with Sustainability Designs

Teraco: A Digital Realty Company, Africa’s largest interconnection hub and vendor-neutral data centre provider, today announced the completion of its JB4 Bredell Campus data centre expansion located in Ekurhuleni, east of Johannesburg, South Africa. The 30MW addition expands JB4 to being the largest standalone data centre built in Africa, servicing 50MW of critical IT power […]

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Business

MTN Opens 2025 mPulse Spelling Bee Contest with Record-Breaking Format, Plus ₦40m  Prizes 

MTN Nigeria seventh edition of its mPulse Spelling Bee, one of the country’s most prestigious literacy and digital education initiatives for school-aged children opens application this with an amazing N40 million worth of prizes. This year, the yello brand is introducing physical regional competitions for the first time. The 2025 mPulse Spelling Bee is open […]

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Business

Nigerians’ Data Consumption Hits Rooftop Pushing Telecos GDP to $10.8bn

Nigeria’s appetite for data is skyrocketing, with more than 142.16 million active internet subscriptions, 141.66 million of them mobile, marking a new high for the country’s connectivity landscape. Mobile subscriptions now stand at 169 million, while broadband penetration continues to surge, pushing the telecoms sector’s contribution to GDP beyond 14% and valuing it at approximately […]

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