News

We Are Not Laying-off Staff or Leaving Nigeria, Says Bolt Nigeria

Bolt Nigeria has refuted multiple reports of laying off 22 of its 45 employees a few days ago. In an email to Techpoint Africa, Bolt clarified that terminating some employees was not a layoff but a strategy to automate and update many of its customer support and operational processes in Nigeria. Bolt emphasized that it has not laid off any staff […]

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Technology

Western Digital Launches SanDisk Desk Drive with Exciting Features

Western Digital has launched the SanDisk Desk Drive, the latest addition tonits portfolio of external desktop SSDs. This new storage device is designed to accommodate the expansive data needs of digital creators and professionals managing large volumes of content. The introduction of the SanDisk Desk Drive is a response to increasing demands for robust storage […]

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Business

Aliko Dangote Foundation, WEF Announce 2024 Class of Dangote Fellows

Aliko Dangote Foundation (ADF), in conjunction with the World Economic Forum (WEF) and Forum of Young Global Leaders (YGL), has unveiled gifted and high calibre individuals for the esteemed 2024 class of the World Economic Forum Young Global Leaders (YGL) Dangote Fellows. ADF and WEF, in a statement said, “With great excitement and anticipation, ADF […]

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News

Intra-Accounts Transfers & Inter-Bank Transfers Exempted from Cybersecurity Levy, Says CBN

The Central Bank of Nigeria, said that the proposed cybersecurity levy on all banking transactions does include Intra-account transfers within the same bank or between different banks and Inter-branch transfers within a bank. The apex bank in circular had directed banks and other financial institutions to start charging cybersecurity levy on financial transaction. The circular […]

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News

How NCC Deploys NIN-SIM & Max 4 Rule Policies to Kill Billion Dollar SIM Boxing Criminal Biz

Boxes have a multitude of uses, and the word “box”, lends itself to diverse contexts. For “Ajala Travelers,” the box is a necessity for keeping goods for their endless journeys. In literature, idiomatically, it can be said that “one has been boxed into a corner;” another might say to deal with a conundrum: “think outside […]

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Business

US eCommerce Giant, Amazon Ignores Nigeria Moves First African Shop to SA

US-based e-commerce giant Amazon has officially gone live with its much-anticipated online marketplace in South Africa, with the launch of Amazon.co.za. Amazon is expected to shake-up South Africa’s e-commerce space and take on established local players such as Naspers-owned Takealot, which comprises Takealot.com, Mr D Food and Superbalist. It is also expected to rival online marketplaces Bob Shop, […]

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Business

Africa’s Domain Name Operator Marks 10th Anniversary, Renews Agreement with ICANN

Registry Africa, the registry operator and administrator of the .africa domain name, is this year celebrating 10 years in the domain name industry. It has also renewed its registry operator agreement with the Internet Corporation for Assigned Names and Numbers (ICANN) for a further 10 years. ICANN is a non-profit partnership of people from across […]

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Technology

Africa’s First Military-focused AI Hub Berths in SA

Africa now has an artificial intelligence (AI) institute dedicated to the defence and military sector, as part of the hubs of the AI Institute of South Africa (AIISA). ITWeb first reported on the imminent launch of the AI hub at the South African Military Academy last month. On Friday, communications minister Mondli Gungubele officially launched the Defence Artificial Intelligence […]

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Financial

Telecoms Operators to Invest $26bn into Cloud Technology with Expenditure Predicted to Hit $65bn by 2028

Telecommunication operators will invest $26 billion in cloud services in 2024, with expenditure growing to $65 billion in 2028. Telecommunications cloud refers to the implementation of cloud technology, services, and architecture into operator core networks, with this centralisation enabling operators to develop automated network management systems. An extract from the new report, Global Telecommunications Cloud Strategies […]

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Business

Dangote Cement Assures Ogun Communities of Commitment to Capacity Building 

Dangote Cement Plc., Ibese Plant has assured that it would continue to complement the efforts of the Ogun State Government in the development of its host communities through capacity building for the people, especially the youths. The company in a statement said it’s committed to development for the prosperity of the people and host communities […]

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