Seplat Energy PLC, Nigeria’s independent energy company was able to outrun its previous profit before tax (PBT) to N43.5 billion as its latest financial statement for the six months ended 30 June 2024 revealed a PBT of N244 billion Its unaudited results for the for the six months ended 30 June 2024, declaring US 6 […]
Read MoreThe National Information Technology Development Agency (NITDA), is further strengthening its mandate of digital transformation through a collaboration with the Digital Transformation Center (DTC) Nigeria and the implementing organisation Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ). Recently, NITDA through the collaboration held a two-day event titled “Digital Policy Dialogue: Cooperate. Innovate” aimed at engaging stakeholders on […]
Read MoreRack Centre, West Africa’s carrier and cloud neutral data centre has entered into a channel partner agreement with Cofinity Group, Inc. (CGI), to facilitate access to its robust, state of the art data centre infrastructure in Lagos Nigeria, for businesses looking to migrate to quality colocation data centre services. According to Rack Centre’s CEO, Lars […]
Read MoreThe Nigerian Communications Commission (NCC), has directed telecoms operators to reactivate all lines that were disconnected over the weekend due to failed NIN/SIM verification process. In a statement issued by the Director of Public Affairs of the NCC, Mr Reuben Muoka, explaned that the directive became necessary due to the short time available for consumers […]
Read MoreHafide Accounting, a Somaliland-based startup, has been selected for the famed Timbuktoo Africa Fintech Accelerator in Lagos, Nigeria. The Accelerator is United Nations Development Programme’s effort to ignite the African innovation ecosystem by supporting and investing in Africa’s best talent via 8 themed Timbuktoo hubs in 8 countries, 54 University Innovation Pods across Africa, and […]
Read MoreAnother company has again acquired a majority stake in Emerging Markets Telecommunication Services Limited, the parent company of 9mobile. In 2018, Teleology holdings limited completed the payment of $351 million, bided to take over ownership of the debt-ridden 9mobile telecommunications. Recently, the company was involved in a scandal indebtedness of N55bn to Keystone Bank. The […]
Read MoreAhead of the planned #EndBadGovernance nationwide protest in August, human rights lawyer Ebun-Olu Adegboruwa has asked the Nigerian Communications Commission (NCC) to probe telecommunication operators’ alleged disconnection of subscribers. In a statement on Sunday, the Senior Advocate of Nigeria warned that telcos should not attempt to sabotage the forthcoming protest against economic hardship in Nigeria […]
Read MoreThe Host Communities of Nigeria Producing Oil and Gas (HOSTCOM), over the weekend, threatened to renew agitation for greater autonomy and control of their natural resources, if the Nigerian National Petroleum Corporation (NNPC) and the International Oil Companies (IOCs) fail to sell and supply crude oil to Dangote Refinery and other local Refineries, in their […]
Read MoreThe substantial increase in fuel prices and the lower contribution of Nigeria to the Group after the naira devaluation contributed to a decline in EBITDA margins to 45.3% from 49.5% in Q1’24 and 46.5% in Q4’24. Latest report released today revealed constant currency EBITDA increased 11.3% whilst reported currency EBITDA declined by 23.3% to $523 […]
Read MoreThe Consolidated Alliance for Grassroots Mobilisation (CAGraM), has launched a smart card to mobilise and track votes and curtail election rigging in the country. Mr Nwosu Emmanuel, Executive Secretary of CAGraM, said this in Abuja at the unveiling, data capturing and issuance of membership smart cards to leaders on Thursday in Abuja. “Our target is […]
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