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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Business

World Bank, Others Set to Boost Nigeria’s 90,000km Fibre Project with $2bn Financing, Says Minister

The World Bank has provided a significant boost to Nigeria’s efforts to deploy 90,000 km of fibre across the country. According to the Minister of Communications, Innovation, and Digital Economy, Dr Bosun Tijani, who announced the development on his X account, the global bank, discussions were underway with bankers, including the World Bank, to raise […]

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News

ITU Approves Eight New Resolutions to Regulate Artificial Intelligence & Metaverse

Members of the International Telecommunication Union (ITU) have agreed on priorities for standards and capacity development in areas from artificial intelligence (AI) and the metaverse to sustainable digital transformation. The ITU took the decision at the World Telecommunication Standardization Assembly (WTSA-24) which closed today in New Delhi, India. The conference reviewed and modified existing guidance and agreed […]

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Business

Cybercrime Activities Spin Out of Control as Criminality Extends to Mobile Devices & IoT, Warns NITDA Boss

The interconnectivity of smart devices and Internet of Things (IoT) is spinning cybercrime activities out of control. The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, who gave detailed complexities of cybercrime, in a paper titled “Alternative to Cybercrime” at the National Cybercrimes Summit 2024, organised by the Economic and Financial […]

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Business

Sahlgrenska Global Health Hackathon Set to Kick-off

Today marks the exciting launch of the Sahlgrenska Global Health Hackathon (SGHH) at Park Annual in Gothenburg, kicking off a year-long, global collaboration (co-action) focused on addressing critical global health challenges. Gothenburg, Sweden: The Hackathon SGHH unites individuals from across three continents, six countries, and nine healthcare innovation hotspots-bringing together students, researchers, professionals, innovators and […]

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Business

Ecobank Splashes N16m  on Winners of Super Rewards Millionaire Geng Promo

Ecobank Nigeria has awarded N16 million in cash rewards to customers since the launch of its Super Rewards Millionaire Geng Promo in July 2024. Mr. Otega Odjegba, the Regional Head of Ecobank’s Apapa-Isolo Region, shared this information during a recent monthly and quarterly raffle draw held in Lagos. This six-month campaign, which will run until […]

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FinTech

EFCC Drops all Charges Against Binance’s Gambaryan, Sights Diplomatic Reasons

Economic and Financial Crimes Commission (EFCC), has withdrawn all charges against Tigran Gambaryan, the head of financial crime compliance for the Binance Security and Investigations team. Ekene Iheanacho, a lawyer representing the Economic and Financial Crimes Commission (EFCC), announced his release today at the Federal High Court in Abuja. The EFCC’s lawyer said Gambaryan, a US […]

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Business

South African Web Hoster, HOSTAFRICA Acquires Nigeria’s Webmanager.ng

South African web hosting company HOSTAFRICA has acquired webmanager.ng, one of Nigeria’s fastest-growing web hosting providers. The business announced the move recently, stating that it is HOSTAFRICA’s fourth investment in the vibrant West African region, which it believes has potential due to a thriving innovation environment and increasing use of the internet. “It is an […]

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Business

No Fresh Case Filed Against NNPCL, Others, Says Dangote Group

The Dangote Group has said that the recent crisis with the NNPCL was an old issue that started in June and culminated in a matter being filed on September 6, 2024 In statement, the Group said the parties are in discussion since the President Bola Tinubu’s directive on Crude Oil and Refined products sales in […]

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Financial

Husqvarna Group Announces Further Cost Reductions and Profitability Improvement Initiatives

Husqvarna Group is initiating further cost reductions and profitability initiatives to address the challenging market and constrained consumer spending. These measures are expected to result in fixed cost savings of SEK 500m per year and will impact approximately 400 positions across the Group. The new cost saving measures announced today are in addition to the […]

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