Business

CBN Investigates Naira Scarcity, to Sanction Erring Banks & POS Operators

The Central Bank of Nigeria (CBN), is investigating collusion between the banks and Point-of-Sale operators over the lingering cash scarcity in the country. The Apex bank in a statement titled, ‘CBN cautions banks, PoS operators over availability of the naira …Provides digital feedback box to address complaints’. The Bank said, “The attention of the Central […]

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Business

MTN Partners FRSC to Ease Traffic on Enugu-Onitsha Axis Road at Yuletide

Telecommunications Company, MTN Nigeria Plc., has partnered with the Federal Road Safety Commission (FRSC) to open up an 18-kilometer stretch of the Enugu-Onitsha expressway. This newly completed section of the road is part of a larger 214-kilometer project aimed at improving road infrastructure and connectivity in the region. The opening of this section is expected […]

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Telecoms

Only Conscious Efforts on Critical Measures Can End E-Waste Menace in Nigeria, Says NCC Boss

Stakeholders in the technology space needs to end lip-service on measures to reduce the electronic waste generated by the use of Information and Communications Technology (ICT) tools in the country. According to the Executive Vice Chairman  of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, there is the need for conscious measures to reduce the […]

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Business

Dangote Refinery Takes Delivery of Another One Million Barrels of Crude

Dangote Refinery has made a further move towards the commencement of production of refined petroleum products with the receipt of an additional one million barrels of bonny light crude supplied by the Nigeria National Petroleum Corporation Limited (NNPCL). The fresh one million barrels of crude from the Shell terminal via the MT Otis owned by […]

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Business

More Nigerians Still Prefer Use of SMS Against OTT Platforms as 2022 Total SMS Hits 25.9 Billion 

Despite the growing use of over-the-top (OTT) platforms across Nigeria’s tech space, most citizens still prefer the use of the traditional text messages platform to communicate, according to the 2022 Subscriber/Network Data Annual Report released by the Policy Competition and Economic Analysis Department of the Nigerian Communications Commission (NCC). The report, which was sighted by […]

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Business

Meta Assures of Desire for Creator Ecosystem, Unveils 2023 Key Milestones in Sub-Saharan Africa

 Meta has assured of its commitment towards the creator ecosystem in Africa as it released its ‘2023 Africa Year in Review’ to showcase some of its significant investments and works across Sub-Saharan Africa in 2023. Captured in an infographic, it highlights Meta’s ongoing milestones and successes across the region while reinforcing its continued investment and commitment […]

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Business

Policy Inconsistency, Infrastructure Dearth & Funding Crisis Bane of Nigeria’s Digitalization Process, Says Olatunji

The National Commissioner/CEO, Nigeria Data Protection Commission, Dr. Vincent Olatunji, has called for close attention to the critical issues of  policies, human capital development, infrastructure and technology deployment, funding are and the imperative to enhance confidence and trust in the digitalization process. Olatunji, who spoke while participating in the One Day Retreat on Digitalisation for […]

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Business

Nigeria Loses $7bn Yearly to Poor Seaport Management in Maritime Sector

 The Nigeria’s House of Representatives said the country  is losing an estimated $7 billion annually as a result of poor management of seaports. This followed the adoption of a motion moved by Mr Julius Ihonbvere and Mr Ibrahim Isiaka, on the need  to “investigate gaps and loss of opportunities in the maritime Sector”. “Nigeria’s seaports […]

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News

Data Protection Commission Reads Riot Act to Compliance Officers, Says Enforcement of  New Code Begins 2024

Ahead of its enforcement drive in 2024 and in a bid to ensure professionalism among firms that are licensed to carry out compliance as a service, the Nigeria Data Protection Commission has issued a Code of Conduct for DPCOs in Nigeria. And data Protection Compliance Officer (DPCOs) will be held accountable in line with the […]

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BrandTech

MTN Nigeria Becomes First African Brand to Win International Airship Altitude Awards

MTN Nigeria emerged as the winner of the Airship Altitude Awards recently held at the Mobile Leaders Forum in London. The company won the award for its mobile app, ‘myMTN NG,’ a free application designed to simplify the mobile experience of its subscribers. Airship, acknowledged as the leading mobile engagement platform for enterprise brands worldwide, […]

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