Business

NCC Type-Approved Phones Hit 2,346 as 88 Types Enter Nigerian Market in June

The Nigerian Communications Commission (NCC) has released the lists of numbers mobile phones that were approved in the last few months. According that the statistics published by the Commission on its website the current of numbers of the type-approved phones in Nigeria is at 2,346. To ensure maximum interoperability and affordability for consumers, the Type […]

Read More
Business

Billing-to-Payment Platform Startup Billboxx Closes $1.6m Pre-seed Funding to Tackle Cashflow

Nigerian startup Billboxx, an integrated billing-to-payment platform aimed at ensuring timely payments for businesses across Africa, has closed a $1.6 million pre-seed funding round to help it tackle the critical cashflow challenges faced by SMEs across Africa. Founded in early 2023 by Justus Obaoye and Abdulazeez Ogunjobi, Billboxx has built an integrated billing-to-payment platform that streamlines billing […]

Read More
Business

EFCC BIG FEAT: Arrests 193 Foreigners, 599 Others for Alleged Crypto Fraud

The Economic and Financial Crimes Commission (EFCC) has revealed a landmark arrest of a total number of 792 suspects for offences bordering on cryptocurrency investment fraud and romance scam. EFCC’s Director of Public Affairs, Wilson Uwujaren, who briefed journalists at the commission’s office in Lagos on Monday said the suspects were apprehended on Tuesday, December […]

Read More
Business

NITDA Underscore Safe and Responsible Data Utilisation for Thriving Digital Economy

The National Information Technology Development Agency (NITDA) has underscored the critical role of data in driving a sustainable digital economy. Speaking at the just concluded 2024 Digital Nigeria Innovation Challenge, NITDA’s Director General, Kashifu Inuwa harped on the need for safe and responsible data utilisation. Inuwa highlighted the importance of data sovereignty in ensuring Nigeria’s […]

Read More
Business

Nigeria Mulls Online Protection Bill, Seeks Input from Stakeholders

The National Information Technology Development Agency (NITDA) has released a Whitepaper on the Framework for an Online Harms Protection Bill in Nigeria. This pivotal document was developed in collaboration with Advocacy for Policy and Innovation (API), an Africa-focused non-profit dedicated to advancing digital innovation and inclusive policy development. According to a statement from the Director, […]

Read More
Business

Japanese Ambassador, Business Community Laud Dangote Refinery Deployment of Modern Technology 

The Dangote Refinery and Petrochemicals complex has been hailed as an astonishing masterpiece, showcasing Nigeria’s technological advancements on the global stage. This accolade was shared by a delegation from the Japanese Business Community in Nigeria, led by Japan’s Ambassador-designate to Nigeria, Suzuki Hideo. The Dangote Group also reiterated that its petroleum products are in demand […]

Read More
Business

LG Electronics Nigeria Rounds-up 2024 Winning Multiple Awards for Innovation, Consumer Focus

Brand recognition is vital for building strong connections between companies and their customers, fostering trust, credibility, and long-term loyalty. For businesses, it enhances differentiation in competitive markets, while for customers, it assures quality and consistency. In this symbiotic relationship, brands and consumers thrive together, creating lasting mutual benefits. LG Electronics Nigeria exemplifies this dynamic by […]

Read More
Business

Data Protection Commission Generates N1.4bn, Receives Over 4,701 Audit Report as Compliance Struggles at 6%   

 The Nigeria Data Protection Commission (NDPC) was able generate  over ₦1.4 billion in revenue since its inception. The data regulatory agency has also received 4,701 audit reports and registered 32,888 Data Controllers and Processors of Major Importance, considering compliance rate is at only 6%. According to the National Commissioner/CEO of NDPC, Dr Vincent Olatunji,  Nigeria […]

Read More
Business

Seplat Energy Seals Mobil Oil Acquisition, Inherits  Over 1,000 Staff, 500 Contractors Plus 11 Oil Blocks

Seplat Energy Plc, a Nigerian energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, is delighted to announce that it has completed its acquisition of Mobil Producing Nigeria Unlimited (“MPNU”) from ExxonMobil .  The transaction is transformative for Seplat Energy, more than doubling production and positioning the Company to drive […]

Read More
Business

Ogun State Commends Dangote Cement Over CSR Projects as N25m Project Kicks-off

It was a moment of excitement for the 17 host communities to Dangote Cement, Ibese Plant in Ogun State as the management reeled out 25 multi-million Naira Social Investment projects successfully executed for the people of the communities in the outgoing 2024 year, with an assurance of bigger investment projects in 2025. This is just […]

Read More