The Nigerian Government has confirmed plans to increase telecoms tariffs but assured Nigerians it won’t be by 100% as requested by operators. The Minister of Communications, Innovation, and Digital Economy, Bosun Tijan, made this known at a stakeholders’ meeting in Abuja on Wednesday. He said the Nigerian Communications Commission (NCC) would come up with modalities […]
Read MoreThe Sosa Fruit Drink brand from the stable of Rite Foods Limited, has been recognized as the “Innovative Soft Drink of the Year 2024” by Marketing Space, a brand-focused magazine. Sosa made its entry into the market in 2022, but has grown to become a premium fruit drink with five unique variants; Orange, Apple, Cranberry, […]
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The CBN’s Economic Report for the review period showed that the rise was from $28.31 billion in the corresponding period of 2023. Data from the Central Bank of Nigeria said the net foreign exchange (FX) inflows through the economy rose by 65.7 per cent year-on-year (YoY) to $46.92 billion in the first ten months of […]
Read MoreAMA PRESS RELEASE Popular crypto sports betting platform Sportsbet.io is welcoming a diverse intake of new ambassadors, with a chef, a singer and a betting tipster joining with a shared goal to spread the word about Sportsbet.io. The first is renowned Nigerian celebrity chef and lifestyle connoisseur Rasheed Sakajojo, better known as Unrashon. He joins the team […]
Read MoreAfrica-focused fintech platform, PalmPay has been recognized in the 2024 KPMG West Africa Banking Industry Customer Experience Survey for delivering exceptional customer experiences and surpassing traditional banks in key areas of service delivery. The survey highlights PalmPay’s strong performance across multiple stages of the customer journey, with customers praising the platform’s seamless transaction processing, reliability, […]
Read MoreZinox Technologies Limited, has demanded a public apology from human rights lawyer, Mr. Femi Falana over defamation and reputational injury inflicted on the company and its representatives by Falana and his client, Benjamin Joseph, the Chief Executive Officer of Citadel Oracle Concept Limited, an Ibadan-based computer firm. In a statement on Sunday, Zinox referenced recent […]
Read MoreMobile Telephone Network (MTN) Nigeria has asked the Nigerian Government to consider increasing telecoms tariff in the light of the present economic crisis in the country. Chief Executive Officer of the largest telecoms network in the country, Mr Karl Toriola told Channels Television in an interview during its breakfast program, SunRise Daily that it has […]
Read MorePropelled by the economic relief provided by President Bola Ahmed Tinubu’s crude-for-naira swap initiative, two prominent players in Nigeria’s downstream oil and gas sector—Ardova Plc and Heyden Petroleum—have entered into a bulk purchase agreement with the Dangote Petroleum Refinery. This strategic move is designed to ensure a steady supply of petroleum products at affordable prices, […]
Read MoreElectric Vehicles (EV) station operators in Nigeria need customized storage solutions that support new AI workloads and associated storage requirements. As video analytics and deep learning for today’s intelligent video solutions are performed both on-premise and in the cloud, it is important to provide a scalable, cost-effective, and durable, yet high-performance storage infrastructure, according to […]
Read MoreNigeria’s foremost composite e-commerce giant, Konga, has announced its first major sales event of 2025-Konga Jara. This exciting campaign offers shoppers massive discounts of up to 70%, providing a perfect opportunity to save big and kickstart the year with unbeatable deals. The 2025 edition of Konga Jara, themed “Confam New Year Deals,” commenced on Wednesday, […]
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