Business

JUST IN: MainOne Lands 45,000km 2Africa Cable in Akwa Ibom to Boost Connectivity in South-South Nigeria

MainOne, an Equinix Company, has announced its pivotal role in the historic landing in Akwa Ibom State of the first and only submarine cable system in Nigeria outside of Lagos. This collaboration marks a significant milestone in enhancing broadband connectivity and driving economic development in the South-South, South-East and North-Central regions of Nigeria. The company […]

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Business

Seplat Energy’s 2023 FY Gross Profit Rises by 14.5% to N349.3bn

Seplat Energy PLC, a Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announces its audited results for the twelve months ended 31 December 2023, recording a growth 12 per cent in revenue from N403.9bn to N696.9bn. The Board recommended a special dividend of US 3 cents per […]

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Business

Dangote Cement Wins Environmental Sustainability Award

The Dangote Cement Plc has emerged winner of the 2023 NatureNews Environmental Sustainability Award. The award was conferred on the company Tuesday at the 3rd Anniversary Lecture of NatureNews and Presentation of the Hero of Environmental Actions for Development (HEAD) at the Shehu Musa Yar’Adua Centre, Abuja. The 3rd anniversary has as its theme: “Climate […]

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Business

NCC Assures Stakeholders of Enabling Environment to Drive Local Content & Innovation

The Nigerian Communications Commission (NCC), has assured of its dedication to fostering an enabling environment for telecommunications industry, where local content and innovation can thrive. The NCC harped on the importance a robust local content value chain, and how it will not only create economic opportunities but also contribute to technological advancement, job creation, and […]

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Business

Why Most Startup Partnerships Failed at Execution Layer in 2023

In 2023, partnerships were one of the most overused growth strategies in the startup ecosystem. Faced with tighter funding conditions and more cautious investors, founders leaned heavily on collaborations to access distribution, credibility, capital, and technical capability. Announcements were frequent. Strategic alliances were publicised. Memorandums were signed. Yet behind the visibility, a quieter pattern emerged. […]

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Business

WATISE 2024: Experts Set to Tackle Infrastructure Funding Challenges for Rural Telephony & Green Energy

AMA PRESS RELEASE   After successfully hosting the first Edition of the West Africa Telecoms Summit and Exhibition (WATISE), a regional gathering of telecoms players and stakeholders in the industry, all is now set for the second edition, WATISE 2.0, according to the organisers, TechnologyMirror, an ICT and Telecoms news cum information website. Announcing the WATISE […]

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Telecoms

Nigeria Needs Game-Changing Legislation to Diversify Economy, Says Inuwa

The National Information Technology Development Agency (NITDA), needs relevant stakeholders to collaborate in leveraging this game-changing legislation to diversify the economy and create opportunities for indigenous tech innovation enterprises. According to the Director General of NITDA, Kashifu Inuwa, the Agency is in search for local partners for its Founder Institute (FI) 2023 Startup Accelerator Programme, […]

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Business

NITDA Assures of Commitment to Partnership that Drives eHealth in Nigeria through Digital Literacy 

The National Information Technology Development Agency (NITDA) has reaffirmed its dedication to collaborating with relevant development partners to achieve 95% digital literacy coverage in Nigeria by the end of 2030. Kashifu Inuwa , the Director General of NITDA, shared this commitment during discussions with e-health Africa, a development partner, during their working visit to the […]

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News

Mobile Industry Invest Over $9bn on ITU’s Universal Connectivity Programme

ITU Secretary-General Doreen Bogdan-Martin said over $9 billion in investment commitments was received mobile operator groups to extend global connectivity. The announcement, made at Mobile World Congress (MWC), builds on the mobile industry’s strong support to ITU’s efforts to connect the world. Alongside the new commitments, the UN Digital Agency also announced that it now […]

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Business

OpenAI Creative Director Tasks Nigerians on Adoption of AI to Grow Economy

Rodger Werkhoven, independent creative director at OpenAI, recently called upon Nigeria to harness the power of Artificial Intelligence (AI) in the country’s economic growth and development. Werkhoven was in Lagos for a conference titled “Adapting AI for Nigeria – Creating Intelligent Solutions for a Unique Landscape.”The globally acclaimed Werkhoven shared the transformative possibilities of AI […]

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