The State Department has made a determination approving a possible Foreign Military Sale to the Government of Nigeria of Munitions, Precision Bombs, and Precision Rockets and related equipment for an estimated cost of $346 million. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale today. The Government of Nigeria […]
Read MoreBitcoin has surged to fresh record highs this week, trading above $123,000 and pushing further past July’s peak as momentum from institutional buying, corporate treasury adoption, US policy support, and sovereign-level gains continues to build. The move strengthens global financial advisory giant deVere Group’s projection that Bitcoin could hit $150,000 before the end of 2025. The world’s […]
Read MoreThe Nigerian Communications Commission (NCC) has successfully averted an industrial action by Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) that would have disrupted the supply of diesel to telecommunications sites nationwide, severely affecting network operators’ ability to power their diesel-driven generators and maintain uninterrupted connectivity. A successful mediation led by the Office of […]
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The InnovateX Challenge which recently gave Nigerian youth prize worth over N30 million was created to empower and equip young people to transform their passions into scalable solutions for national development. Speaking at the grand finale of the competition, Executive Director of Commercial and Consumer Banking at Ecobank Nigeria, Mr Kola Adeleke, said that as […]
Read MoreTruecaller, the global platform for verifying contacts and blocking unwanted communications, reached a significant milestone in August as the number of monthly active users (including both Android and iOS) crossed 100 million in the MEA-region, representing a 19% growth y-o-y. “With the Middle East and Africa experiencing significant growth in smartphone adoption and mobile data […]
Read MorePresident Bola Ahmed Tinubu has constituted the boards of the Nigerian Communications Commission (NCC) and the Universal Service Provision Fund (USPF), both agencies under the supervision of the Ministry of Communications, Innovation and Digital Economy. Idris Olorunnimbe was appointed Chairman of NCC, while Dr Aminu Waida remains its Executive Vice Chairman/Chief Executive Officer. Tinubu appointed […]
Read MoreTeraco: A Digital Realty Company, Africa’s largest interconnection hub and vendor-neutral data centre provider, today announced the completion of its JB4 Bredell Campus data centre expansion located in Ekurhuleni, east of Johannesburg, South Africa. The 30MW addition expands JB4 to being the largest standalone data centre built in Africa, servicing 50MW of critical IT power […]
Read MoreMTN Nigeria seventh edition of its mPulse Spelling Bee, one of the country’s most prestigious literacy and digital education initiatives for school-aged children opens application this with an amazing N40 million worth of prizes. This year, the yello brand is introducing physical regional competitions for the first time. The 2025 mPulse Spelling Bee is open […]
Read MoreNigeria’s appetite for data is skyrocketing, with more than 142.16 million active internet subscriptions, 141.66 million of them mobile, marking a new high for the country’s connectivity landscape. Mobile subscriptions now stand at 169 million, while broadband penetration continues to surge, pushing the telecoms sector’s contribution to GDP beyond 14% and valuing it at approximately […]
Read MoreDangote Petroleum Refinery & Petrochemicals has commenced the receipt of 4,000 compressed natural gas-powered trucks, an integral part of its fuel distribution logistics programme set to start on August 15. The initiative aims to transform the fuel distribution landscape within Nigeria by reducing logistics costs and enhancing supply efficiency for customers. The fleet of fuel […]
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