The World Bank has imposed a 30-month debarment on two Nigerian companies, Viva Atlantic Limited and Technology House Limited, alongside their Managing Director and Chief Executive Officer, Norman Didam over alleged corrupt practices. The 30-month debarment bars Viva Atlantic Limited, Technology House Limited, and Didam from participating in World Bank Group-financed projects and operations. A […]
Read MoreIn 2025, the value of the top 25 IT services brands has reached USD163 billion, according to a new report from Brand Finance, the world’s leading brand valuation consultancy. 15 out of the top 25 brands have increased their brand values. This growth is driven by more favourable market conditions, with IT companies benefiting from interest rate […]
Read MoreEdge data centres are proliferating across Africa, addressing the multi-pronged challenges of fast-tracking coverage, refreshing and transforming data centre infrastructure, achieving more agility in roll-out and reducing content latency across the continent. This is according to Dr Ayotunde Coker, CEO of Open Access Data Centres (OADC), a WIOCC Group Company, Africa’s leading provider of comprehensive, […]
Read MoreJoy and elation enveloped the Idotun Community Junior High School, a suburb of Lekki, on Thursday when Dangote Petroleum Refinery & Petrochemicals, in partnership with Dangote Fertilisers Limited, awarded scholarships to 473 students from 10 secondary schools and 7 tertiary institutions. In addition, the company donated eight hundred and four (804) tables and chairs to […]
Read MoreThe Nigerian Communications Commission (NCC), said it would be granting approval for tariff adjustment requests by Network Operators in response to prevailing market conditions. A statement by the Director of Public Affairs of the NCC, Mr Reuben Muoka stated that the adjustment, capped at a maximum of 50 per cent of current tariffs, though lower […]
Read MoreFor the second year, Boston Consulting Group (BCG)’s AI Radar global survey has captured the mood of business executives when it comes to AI. The findings, released today, revealed both optimism and significant challenges in realising AI’s full potential. In the latest edition of the AI Radar report, titled From Potential to Profit: Closing the […]
Read MoreKonga’s annual Jara campaign has sparked excitement among Nigerian shoppers, offering timely discounts of up to 50% across various product categories. The initiative, themed “Confam New Year Deals,” has emerged as a vital lifeline for consumers navigating the financial challenges typical of January. Market analysis shows a significant surge in essential household purchases, with electronics, […]
Read MoreEcobank Nigeria has partnered with the Nigerian Consumer Credit Corporation (CrediCorp) to offer affordable and flexible loans to customers. These loans can be used to finance a variety of needs, including paying school fees, rent, maintenance costs, medical bills, car purchase & repairs, asset purchase, and more. The program is available to civil servants and […]
Read MoreThe equity market rebounded on Thursday from its previous session’s loss, gaining N53 billion. Investor interest in key stocks such as Dangote Cement, FBN Holdings, Guaranty Trust Holding Company, GTCO, and Fidelity Bank, alongside other advancing equities, contributed to the market’s positive performance. The market capitalisation increased by N53 billion, or 0.09 per cent rising […]
Read MoreNigeria is perfecting plans to easy itself out of the grey list of the anti-money laundering, terrorism financing by May 2025 through National Information Technology Development Agency (NITDA), which has gone into collaboration with the Nigeria Financial Intelligence Unit (NFIU) for the development and implementation of Project Exit: Upgrade of NFIU Data Management System and […]
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