Business

Lagos Fibre Optic Infrastructure Project Gets Life-line as Governor Secures $22m FDI

Lagos State secured a $22 million foreign direct investment to enhance its fibre optic infrastructure. This investment is a critical step in the state’s ambition to increase connectivity, accelerate digital transformation activities, and support its developing tech scene, according to the State. Special Adviser to the governor on Infrastructure, Olufemi Daramola, announced the development at […]

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Technology

Nigeria Unveils National Blockchain Policy for Multiple Sector Application

Nigeria has unveiled its first Blockchain Policy Whitepaper, outlining a framework to drive financial inclusion, supply chain transparency, and position itself as a global digital economy leader. Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, emphasised that this signals a strategic shift toward leveraging emerging technologies for inclusive economic growth. He underlined that the […]

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Business

Dangote Targets $1.2bn Polypropylene Annual Turnover  in Partnership with Vinmar

Dangote Petroleum Refinery and Petrochemicals FZE has announced an exclusive partnership with Premier Product Marketing LLC, a Vinmar company, to bring Dangote Polypropylene to global markets outside Nigeria and Africa. This strategic agreement coincides with the launch of polypropylene production at Dangote’s world-class refinery and petrochemical complex in Lekki, Nigeria. The state-of-the-art plant utilises INEOS’s […]

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News

Local Content Critical in Delivering Accurate Artificial Intelligence, Says Expert 

The use of local content in Artificial Intelligence systems is essential for delivering accurate, region-specific results. Speaking at the Network of African Data Protection Authorities (NADPA) Conference, held in Abuja, the Nigerian capital city,  MTN Nigeria’s General Manager for Regulatory Affairs, Ikenna Ikeme saidData can be transformational by bringing efficiency to businesses, but it also […]

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Business

ReStore Expands Business and Careers in Battery Rejuvenation to Africa

AMA PRESS RELEASE ReStore, a pioneer in lead-acid battery rejuvenation and refurbishment, is set to expand into Africa. By offering an innovative and cost-effective franchisee business model, ReStore aims to empower local entrepreneurs while promoting circular economic growth and sustainability. With over 500 successful franchise outlets in India and a proven track record 1million batteries […]

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News

OTT Channels Threatens Operators’ Market Dominance as Revenue Forecast to Reach $2bn by 2029

Revenue from one-time passwords (OTPs) sent via over-the-top (OTT) messaging applications will grow 600% over the next five years, from less than $300 million in 2024. Mobile identity solutions leverage the mobile phone number as a unique identifier for verifying users’ identities in digital solutions. OTPs are unique codes delivered through messaging channels, such as […]

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Business

Dangote Assures of Petrol Price Stability Amid Rising Global Crude Oil Price

Dangote Petroleum Refinery and Petrochemicals has assured consumers of price stability of her Premium Motor Spirit (PMS), commonly known as petrol although the price of crude oil of continues to fluctuate in the global market. In a statement signed  by the Group Chief Branding and Communications Officer, Anthony Chiejina, the company  said the decision to […]

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Business

Over 56% of IT Projects in MDAs Failed Integrity  Test, Says NITDA

About 56 percent of all IT projects in the civil service failed to deliver on what were promised, the Director-General of the National Information Technology Development Agency (NITDA), Mr Kashifu Inuwa, has said. He attributed the failure to the resolve by the MDAs to go for latest technology, and failure to design before building the […]

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Business

Public Relations Body to Host Over 1,000 Delegates at 2025 Confab in Uyo

Over 1,000 Nigerian Public Relations  practitioners will be hosted at in Uyo, the Akwa Ibom State capital for her 2025 Week, which kicks-off this week. Organised by the Nigerian Institute of Public Relations (NIPR), this year’s edition promises a dynamic and immersive five-day experience filled with knowledge sharing, strategic networking, and cultural celebration. A statement […]

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Technology

Access Holdings Tackles Fraud Prevention with ₦193.5bn Tech Investment

Access Holdings PLC is setting a new standard in Africa’s banking industry through aggressive and strategic investment in technology aimed at combating the growing threat even as global financial fraud surges to over $485 billion in annual losses. With Nigeria’s financial sector experiencing a spike in digital fraud, particularly through mobile and online channels, Access […]

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