Business

Ecobank Gets Stakeholders Commendations for Multiple Wins at DBN Awards

Ecobank Nigeria won 3 prominent awards signifying its’ support for MSME’s in Nigeria at this year’s Development Bank of Nigeria (DBN) Annual Service Ambassador Awards ceremony held in Lagos recently. The Bank bagged the following strategic awards which include: Platinum Service Ambassador; Bank with the Highest impact on Women Issues, and Bank with the Highest […]

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Business

Virtual Mobile Operator Now Vital component for Africa’s Economy, Says Expert

As of the end of 2022, there were officially 1,986 mobile virtual network operators (MVNOs) deployed and operational worldwide, of which around 50% were in Europe. However, this figure may not be entirely accurate. In addition, there is an informal number of other virtual operators offering services under the branded reseller or service provider model […]

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Business

CCAAS Platform Subscriptions to Generate $18bn Revenue By 2028, as Providers Plan Reducing Data Siloes

Experts in telecommunications market, has found CCaaS (Contact Centre-as-a-Service) subscription services will generate over $18 billion in revenue by 2028; from $7.5 billion this year. The report from Juniper Research predicted growing support for inbound communication channels, such as RCS and OTT messaging apps, will drive adoption of CCaaS subscription services, and thus subscription revenue. […]

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News

Five Startups of IHATCH Initiative Secure $266,000 Grants as NITDA Extends Programme to More States

Five startups of Cohort One and two of the National Information Technology Development Agency (NITDA), 5-month free intensive incubation programme have secured grants worth about $226,000. According to the Director General of NITDA, Mr Kashifu Inuwa, Xolani Health (a health tech startup from the first cohort) secured a grant worth $155,000, BetaLife (a health tech […]

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Technology

ITU Approves Framework for 6G Deployment, Sets New Technical Standard

The International Telecommunication Union (ITU) has published the framework for the development of standards and radio interface technologies for the sixth generation of International Mobile Telecommunication (IMT) systems, popularly referred to as 6G. The details of the 6G framework are contained in Recommendation ITU-R M.2160 on the “IMT-2030 Framework” approved by the ITU Radiocommunication Assembly (RA-23) at […]

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Business

Nigeria to Release Legal Framework for Investment in Digital Public Infrastructure Soon

The legal framework that will make it easier for investors to invest in digital public infrastructure in Nigeria would soon be ready. When ready, it would aid automation of governance, and fast track the digitising the Nigeria’s Micro, Small and Medium Enterprises (MSMEs) to drive the needed sustainable economic growth. According to the Director-General of […]

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News

Over 41% of Enterprise Plan to Deploy WiFi 7 by 2024, Says Report

Over 41% of respondents surveyed globally plan to deploy WiFi 7 by the end of 2024 – indicating the marketplace already sees a strong business case for WiFi 7. This is one of the key findings of the latest cross-industry report by the Wireless Broadband Alliance (WBA), the global industry body for WiFi standards and […]

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Business

Again, Dangote Bags NECA’s Lifetime Achievement Award as Cement Company Wins in Chemical & Non-Metallic Products Sector  

For the second consecutive year, Aliko Dangote, Africa’s foremost entrepreneur and humanist, was honoured with a Lifetime Achievement Award and accorded special recognition by the Organised Private Sector employers in the country, under the aegis of Nigeria Employers Consultative Association (NECA). In a night of honour and reward for deserving member organisations, Dangote Group, the […]

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News

Designed to Strangulate Poor Nigerians’, PDP Faults Proposed N27trn 2024 Budget

Opposition Peoples Democratic Party (PDP) has faulted the ‘Budget of Renewed Hope’ presented by President Bola Tinubu before a joint session of the National Assembly on Wednesday, saying the N27.5trn budget estimates was designed to strangulate poor Nigerians. The party, in a statement by its spokesman, Debo Ologunagba, alleged that the proposed budget by the […]

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Business

Binance Team Visits Nigeria, Assures of Commitment to Safety of Virtual Asset Ecosystem

Binance remains committed to upholding the safety of the global virtual asset ecosystem. Recently, in collaboration with Nigerian law enforcement, including the Nigeria Police Force and the Economic and Financial Crimes Commission (EFCC), Binance’s Compliance team collaborated with Nigerian agencies to orchestrate a thorough Seminar on Investigating Virtual Currency Crimes Attended by over 35 law […]

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