Economy

Seplat Harps on Improved Energy Access as Key to Nigeria’s Development

Seplat Energy Plc, indigenous energy company, said Nigeria’s development will require significant improvements in access to energy. According to the Company, lower-cost, more reliable energy will drive job creation, prosperity and social development and achievement of the United Nations’ Sustainable Development Goals (SDGs). The Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown, said this […]

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News

Lagos Seeks About $33bn to Fund Energy Projects by 2030 Says Govt Official

The Lagos State Government said it will require an investment of 14 billion dollars to 33 billion dollars to meet its energy generation needs by 2030. Mr Kamaldeen Balogun, General Manager of the Lagos State Electricity Board, disclosed this at the 15th Ralph Alabi Memorial Lecture and Induction of new corporate members of the Nigerian […]

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News

Expert Harp on Digital Public Infrastructure and Unified Data Highways as key to Africa’s Economic Growth

 For the African continent to unlock its vast economic potential, it must look to the example set by other large emerging markets like India which has embraced digitisation and innovation and transformed its economy. For Africa to achieve similar success, it must adopt these strategies, leveraging technology including Digital Public Infrastructure (DPI) and Unified Data […]

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Internet

President Tinubu’s Govt Has Abandon Quest for Reliable, Efficient Telecoms Services, Forced Sector into Distress, Say Operators

The telecommunications operators in Nigeria are worried that the present situation in the telecoms industry gives the impression that the Government of President Bola Ahmed Tinubu may have abandoned the sector to go into distress stressing that what the sector needs to service a digital economy is lacking. According to the Association of License Telecommunications […]

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Technology

Nigeria, UK Strikes Strategic Partnership to Tackle Rising Cyber-Crime Cases

Nigeria and the United Kingdom (UK) are in partnership  to combat rising cyber-crime as part of a broader strategic partnership between the two countries. This was stated during a recent high-level roundtable meeting in Abuja, which focused on strategies for combating cyber threats and strengthening Nigeria’s digital resilience. The event, held at the Office of the President’s […]

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StartUps

Developer of Innovative Biorefinery Solution Wins MTN’s PachiPanda Champion

MTN Nigeria, in partnership with the World Wide Fund for Nature (WWF) through its local partner Nigeria Conservation Foundation (NCF), has unveiled winners of the 2024 Nigeria PachiPanda Challenge. Osarode Stephen Odemwingie has been selected for his groundbreaking innovation, biorefinery powered by fruit/vegetable waste and chicken feathers-specific waste streams. The solution addresses waste management while […]

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News

Teraco Begins Construction on 120MW Utility-Scale Solar Power Plant

Teraco, a Digital Realty company and provider of interconnection platforms and vendor-neutral colocation data centres, has started construction of its 120MW utility-scale solar PV power plant in the Free State province of South Africa. In a world first for data centre operators, Teraco will own the 120MW solar PV plant and wheel the renewable energy […]

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News

Experts Reveal Top 10 Future Leaders in Fintech 2025

A new study from Juniper Research, the foremost experts in the fintech and payments market, has selected SteelEye as the leading fintech future leader globally in 2025. The top 10 Fintech Future Leaders ranked by Juniper Research are: SteelEye dLocal Billie Monobank Xapien Zuora Tabby Volt Mercury BeZero Carbon Juniper Research’s ranking of 100 fintech […]

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News

Afreximbank Approves $200m Facility to Support BUA Expansion Plans

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has approved a US$200 million Corporate Finance Facility in favour of BUA Industries Limited (BIL) to support its expansion plans. BIL is a Nigerian conglomerate with diversified business interest spanning across, sugar and cement manufacturing, flour milling, oil milling, port logistics, real estate development, oil and gas, and shipping. The […]

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Business

Ecobank Partners with Nium to Unlock Real-Time Cross-Border Payments Across 35 African Markets

  Nium (https://apo-opa.co/3Cl0CMy), the global infrastructure for real-time cross-border payments, announced a partnership with Ecobank Transnational Incorporated. (www.Ecobank.com), the independent pan-African financial services group, to enable seamless cross-border payments across 35 African markets for more than 32 million customers. This partnership is set to revolutionise the region’s payments landscape by enabling faster, more efficient international payments […]

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