Business

Opportunities in Advance AI Beckon for 25,000 Educators &  20,000 Young Nigerians as Google, Govt Unveil N2.8bn Support 

There are great opportunities coming for 20,000 young Nigerians and 25,000 educators with the tools and resources to teach 125,000 young people about AI, inspiring the next generation of AI innovators. The opportunities would be coming through Federal Ministry of Communications, Innovation & Digital Economy (FMCIDE), which just secured a new support from Google to […]

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Business

  Satellite IoT Revenue to Hit $2.9bn Soon but Investment in Robust Cybersecurity Solutions Critical, Says Report

Experts in the Internet of Things market, has found that total global satellite IoT revenue will grow from $2.9 billion in 2024 to $5.8 billion in 2027. Juniper Research studies attributed this substantial growth to the increasing need for IoT connectivity in remote locations and areas that cannot be easily served by traditional terrestrial networks, […]

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Business

Seplat Energy Nine Months Report Excites as Operating Profit Rises to N411.3bn

Seplat Energy PLC, a Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announces its unaudited results for the for the nine months ended 30 September 2024, with a strong underlying business performance which supports increase to core dividend by 20% to US3.6 Cents per share in 3Q […]

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Business

I&M Bank Extends Partnership with Backbase to Drive Digital Transformation

AMA PRESS RELEASE l &M Bank Kenya, a Tier 1 commercial bank, has reaffirmed its commitment to digital transformation and customer experience excellence by extending its strategic partnership with Backbase, the provider of the Engagement Banking Platform. The renewed collaboration will allow I&M Bank to continue leveraging Backbase’s next-generation platform and expertise to deliver innovative […]

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Business

NASENI Partners Imose to Launch Zedon X-Pro Made-in-Nigeria Laptops, Tablets

The National Agency for Science and Engineering Infrastructure (NASENI) and Imose Technologies Ltd, an indigenous Nigerian company, are rolling out made-in-Nigeria laptops and tablets for use by Nigerians. The 14-inch laptops and 10.5-inch tablets are manufactured in the NASENI brand name.  This move aligns with the agency’s mission to drive indigenous industrialization, local content and to […]

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Business

About 17 Communities of Dangote Operations Enjoy Skills Empowerment from Ibese Cement Plant

The Dangote Cement’s Ibese Plant has assured of its commitment to advancing its local content policy, aiming to stimulate the economies of its 17 host communities through skills development and increased business opportunities for local enterprises. During a one-day capacity development workshop for local vendors, themed “Leveraging DCPI’s Processes and Procedures to Build Viable Local […]

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Business

MoMO PSB Opens Cross-Border Remittance Opportunity for  Nigerians Across Africa with Special Gift Card 

Nigerians can now  send money seamlessly to 13 African countries, including Benin Republic, Cameroon, Congo Brazzaville, Côte d’Ivoire, Democratic Republic of Congo, Gambia, Liberia, Malawi, Rwanda, Sierra Leone, Togo, Uganda and Zambia, and receive money seamlessly from six African countries such as South Africa, Rwanda, Uganda, Zambia, Democratic Republic of Congo and Mauritius; via it’s […]

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Business

FairMoney Boosts Customers’ Banking Experience with 30% Interest Increase

FairMoney, a financial service provider, made a significant update to all its savings services, delivering some of the highest interest rates in the Nigerian financial market. This increase underscores FairMoney’s ongoing commitment to providing exceptional value and supporting customers’ financial growth. Given the current high inflation of 32.7% as of September 2024 as released by […]

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Business

Dangote’s Investment in Nigeria’s CNG Projects Hits Over $280m, Now Largest CNG Operator

Dangote Cement Plc has made significant investments exceeding $280 million in compressed natural gas (CNG) technology and infrastructure. Nigerian President Bola Tinubu, whose commitment to CNG deployment and clean energy is unmatched in Africa, has maintained his administration’s drive to create a conducive environment for private sector investments and expand Nigeria’s CNG infrastructure to enhance […]

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Internet

Starlinks Halts Service Price Hike to Appease Consumers Amid Regulatory Challenges

Starlink has announced the reversal of its recent service fee increase in Nigeria. This decision comes as a welcome relief to Nigerians who have been eagerly awaiting affordable internet solutions. According to the world’s provider of satellite launch services, “Last month, we increased the monthly service price for Starlink in Nigeria to account for inflation, […]

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