Technology

Nigerian Govt Enhances Data Privacy & Protection Enforcement in Telecom Sector as  NCC, NDPC Sign MoU

In response to the rapidly growing pace of digitization, the Nigerian Communications Commission and the Nigerian Data Protection Commission (NDPC), have signed a Memorandum of Understanding (MoU) to strengthen the enforcement of data privacy and protection in the telecommunications industry. The MoU provides a structured framework for both organizations to formalize a shared commitment to […]

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Business

Global Economic Summit Berths in Nigeria, Targets MSMEs with Free Business Resources & Tools

A global economic forum, organised by the World Integrated Economic Growth Initiative (WIEG) will for the first time be hosted in Lagos, South-West targeting Nigeria’s growing MSMEs with business resources and tools that will leapfrog their businesses into the next frontier. Known as the WIEG Investment Summit 2026, gathering of the Summit is designed to […]

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Technology

Again, inDrive App Emerges World’s Second-most-Downloaded Ride-hailing App

inDrive, a global mobility and urban services platform operating across 48 countries, has emerged as the world’s second-most-downloaded ride-hailing app for the fourth consecutive year. This was disclosed in a latest report by Sensor Tower, a leading market intelligence firm. The report also stated that the company ranked fourth globally in the travel category for […]

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FinTech

Iraq Premier OTT Service Provider, 1001 Selects Bitmovin Player to Elevate Video Streaming Capabilities

Bitmovin, a provider of video streaming solutions, has announced that 1001, a premier OTT service in Iraq, has chosen the Bitmovin Player to improve its video streaming performance and increase reliability and consistency across devices, which in turn will improve user experience. Alongside use of the Bitmovin Player, 1001 will also leverage Bitmovin’s Observability tool […]

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FinTech

MoMo, SMEDAN Signs Strategic Partnership to Enhance Small Businesses with Digital and Financial Tools 

MoMo PSB, the fintech subsidiary of MTN Nigeria, has announced a strategic partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to support small and medium-scale businesses with digital and financial tools that make it easier to run their operations efficiently, grow revenue, and scale sustainably. This Memorandum of Understanding was signed at the MoMo PSB […]

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Business

Dangote Refinery Denies Importing Finished Products, Says Importation Report Misleading

Dangote Petroleum Refinery and Petrochemicals (DPRP) has denied reports it imports finished petroleum products, describing the claims as incorrect and based on a misunderstanding of global refinery operations. As a state‑of‑the‑art, large‑scale merchant refinery, DPRP refines crude oil and processes intermediate feedstocks into premium petroleum products and petrochemicals that meet the highest international standards. Speaking […]

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News

NCC, NSCDC Vow to Invoke Legal Actions Against Construction Firms Responsible for Fibre Optic Cable Damage

The Nigerian Communications Commission (NCC) and the Nigeria Security and Civil Defence Corps (NSCDC) have warned against fibre-optic cable damage during road construction and related civil works. In a joint statement issued by the Head, Public Affairs Department of the of the NSDC, Babawale Afolabi, the duo noted with dismay the rising incidents of avoidable […]

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News

Industry Players, Govt from Over 70 Countries Demand Support for Subsea Cables as Heart of Digital Communications

Governments, industry representatives and international organizations representing over 70 countries at the International Submarine Cable Resilience Summit 2026 reaffirmed today the need to strengthen support for the subsea cables at the heart of global digital communications. A declaration issued at the summit’s closing in Porto, Portugal, together with a set of recommendations developed by the International Advisory Body on […]

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Business

Mobility Fintech GoCab Secures $45m to Scale Electric Mobility and Financial Inclusion Across Africa

GoCab was created to address a fundamental challenge across Africa: limited access to ethical financing and vehicle ownership for gig-economy workers. By combining mobility, technology, and inclusive finance, the company enables drivers and delivery couriers to generate stable income while progressively gaining ownership of their vehicles. By 2025, GoCab had taken a leading position in […]

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Business

First HoldCo Records Impressive Performance in Q4, 2025 as Gross Earnings Hit N3.4trl

First HoldCo Plc has announced its unaudited financial results for the year ended 31 December 2025, reflecting a year of deliberate strategic actions aimed at strengthening its balance sheet, improving asset quality, and positioning the business for more resilient and sustainable growth amidst successful capital raise activities. As stated in the unaudited Group financial statement, […]

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