Nigeria is set for a major enhancement in its digital infrastructure, following the signing of a $2 million grant agreement between the US and Nigerian governments to expand the African country’s fibre optic network by 90,000 kilometers. This was announced during the first-ever US-Nigeria technology dialogue held in Washington, DC on 10 January 2025. US Deputy Secretary of […]
Read MoreAttracted by the bulk-purchase agreement incentives being offered by the Dangote Petroleum Refinery, more oil marketers in the country are jostling to be listed as beneficiaries of the agreement. The bulk-purchase agreement, the petroleum marketers reasoned, offers a guaranteed price stability as against purchase from depot owners whose price is opened to incessant upward review […]
Read MoreScania, SKF, and LOTS Group are collaborating to promote sustainable logistics by launching one of Europe’s longest routes for battery electric vehicles (BEVs). The route, operated in partnership with Ahréns Åkeri, is expected to significantly reduce emissions. The goal is to achieve a 97% reduction in carbon dioxide emissions (WtW) while optimising transport efficiency, with […]
Read MoreFirst Bank of Nigeria Limited has denied has abusing court process in its legal battle with General Hydrocarbons Limited (GHL). In a statement released, the bank described media reports on the abuse of court processes as failed and misleading stating that had fulfilled its obligations under the loan agreements. Explaining what transpired, the bank said: […]
Read MoreMTN Nigeria has achieved a major milestone by becoming the first Nigerian organisation, the first company in the telecommunications industry, and the first within MTN Group to earn the Compliance Management System (CMS) certification from the International Accreditation Service (IAS). This globally recognised certification affirms MTN Nigeria’s commitment to maintaining world-class compliance standards across its […]
Read MoreThe Nigerian Communications Commission (NCC) and the Federal Competition and Consumer Protection Commission (FCCPC) is seeking better deal for telecoms consumers in Nigeria. To this end both organisations have signed a Memorandum of Understanding (MoU) aimed at strengthening the resolve of both institutions to protect the Nigerian consumer, especially in the communications industry. Speaking at […]
Read MoreIn a clear message of zero tolerance for cash flow disruptions, the Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs) for failing to make Naira notes available through automated teller machines (ATMs), during the yuletide season. Each bank was fined ₦150 million for non-compliance, in line with the CBN’s cash distribution guidelines, […]
Read MoreIn a bid to foster stronger relationships between public relations practitioners and journalists, the Chief Executive Officer of Integrated Indigo Firm, Bolaji Abimbola, has sought a partnership with the Brands’ Journalists Association of Nigeria (BJAN). The proposed partnership aimed to promote mutually beneficial collaborations, enhance the quality of reporting on brands and PR-related stories, and […]
Read MoreBank customers are soon going to be unable to use Unstructured Supplementary Service Data (USSD) short code to do financial transaction, the Nigerian Communications Commission (NCC) has granted telecommunications companies approved to suspend the USSD service to 18 banks. The suspension was as a result of debt owed telecoms operators by Deposit Money Banks (DMBs), […]
Read MoreThe National Information Technology Development Agency (NITDA), in collaboration with the Office of the Head of the Civil Service of the Federation, has launched an extensive Digital Literacy Training and Certification programme for federal civil servants. The initiative was designed to empower federal government employees with essential IT knowledge and skills, and enhance public service […]
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