Business

TECNO’s Bold Move Amplifies Community Spirit at AFCON Showdown

In a bold move to immerse Nigerian football enthusiasts in the AFCON semi-final clash between the Super Eagles of Nigeria and the Bafana Bafana boys of South Africa, TECNO turned Ojo Square in Yaba into a vibrant arena of football enthusiasm. The crowd, buzzing with energy, witnessed not just a game but a dynamic spectacle […]

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Business

Lagos Motorshow to Feature Tech Theater Dedicated to AI & Electric Cars, Proceeds Marked for Charity Works

The Lagos Motorshow will feature a dedicated technology exhibition that will feature new innovation, Internet of things (IoT) in automobiles and other developments in the automotive industry, including Electric Vehicles, Electric Tricycles and gas-powered low emission ECO friendly vehicles. At a press conference unveiling key features of the event, the organisers disclosed that the exhibition […]

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News

NITDA Assures Startups of Government Support, Pledges Resources for AI in Nigeria

The National Information Technology Development Agency (NITDA), has pledged the government’s continued commitment to supporting starting startups in the country with necessary resources and initiatives in advancing the research of Artificial Intelligence (AI) in the country. Director General of the Kashifu Inuwa made this known at the Innovate Nigeria 2024 Conference & Expo in Lagos […]

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Business

ICTLOCA Set to Host Convergence Summit Focus on Sustainable Local Content through Digital Innovation

The quest to bridge the gap between the rapid advancements in digital technologies and their practical application is the focus of the a Summit organised Association of Information Communication Technology Local Content (ICTLOCA). The July 2024 Convergence Summit with the theme: ‘Sustaining Local Content with Digital Innovation backbone in the Ecosystem’, has bring together key […]

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JUST IN: NCC Reverses Order Granted MTN to Disconnect Glo Over Interconnect Debt

The Nigerian Communications Commission (NCC), has reversed an order granted MTN Nigeria Communications Plc. (MTN) to disconnect Globacom Limited (Globacom) over interconnect debt following the resolution of the dispute between the duo. “In accordance with this resolution, the disconnection approval granted to MTN for the disconnection of Globacom has now been withdrawn”, the NCC said […]

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Business

At Last MultiChoice Agrees to  Pay Nigeria $37.3m for Tax Settlement

The MultiChoice Group has bowed to the law and reached a settlement with Nigerian tax authorities agreeing to pay a total tax of about $37.3 million. According to a report by Reuters, the broadcaster said, “The total tax amount of $35.4 billion which MultiChoice Nigeria and MultiChoice Africa Holdings will be offset against the security […]

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Business

IXPN Hits 570 Gigabytes Per Second in Traffic, as Peak Traffic Grows Consistently in 10 Years

The Internet Exchange Point of Nigeria (IXPN) has continued to record yearly peak traffic growth. Managing Director and Chief Executive Officer of IXPN, Mr. Muhammed Rudman said that IXPN has confidently grown peak traffic annually for the past 10 years. Rudman who was speaking at the 2024 edition of IXPN Members Engagement Forum in Lagos, […]

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NCC Mulls Deeper Collaboration on Telecoms Industry Issues with Sierra Leone Government

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr Aminu Maida said that Nigeria and Sierra Leone shared the same challenges in their respective telecommunications industry. Maida made this known while hosting the Sierra Leone Minister of Communications, Technology and Innovation, Ms Salima Bah, who was in Nigeria for official visit. He said, […]

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Business

Consumer Commission Taskforce Hunts Exploitative Digital Money Lenders

The Federal Competition and Consumer Protection Commission, FCCPC is intensifying enforcement efforts towards exploitation of consumers or abusive conduct by Digital Money Lenders. The Acting Executive Vice Chairman/ Chief Executive Officer of the Commission, Dr. Adamu Abdullahi in a statement said the commission observed an upsurge in violations of the Inter agency Joint Task Force’s […]

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Business

MasterCard Acquires $200m Stake in MTN Group Fintech

MasterCard yesterday sealed a definitive agreement with MTN, for a minority investment of up to $200 million in MTN Group Fintech, valued at $5.2 billion on a cash and debt-free basis. The Johannesburg Stock Exchange (JSE)-listed MTN Group stated today that the deal, which is non-categorised under the JSE Listings Requirements, was originally announced on August 14, […]

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