Business

Fiberdom Secures €3.5M Funding to Drive Plastic-free, Circular Material Innovations

Finland Fiberdom, a pioneer in wood fiber material innovation, has secured €3.5 million in funding to accelerate the development and scaling of its patented technology and its high-performance, 100% plastic-free material. Fiberdom’s mission is to replace non-essential plastics with scalable, circular solutions. The Finnish startup’s patented technology transforms market pulp and paperboard into a supermaterial that […]

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Business

Dangote Food Intervention Timely, Appropriate, Says Governor Fintiri

Aliko Dangote’s philanthropic efforts towards vulnerable individuals across the country have been commended by the Governor of Adamawa State, Ahmadu Fintiri. Over one million Nigerians nationwide will receive a 10kg bag of rice each. Fintiri stated that the National Food Intervention Programme of the Aliko Dangote Foundation has brought joy to 35,000 people in Adamawa […]

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Business

ipNX Strengthens Collaboration with NCC to Drive Broadband Penetration and Policy Alignment

An executive delegation from ipNX, Nigeria’s leading Information and Communications Technology Company and Connectivity Provider, recently paid a courtesy visit to the Nigeria Communications Commission (NCC) in Abuja. The visit aimed to strengthen the collaborative relationship between both institutions, explore opportunities for further growth and development within Nigeria’s rapidly evolving ICT sector, and discuss policy […]

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News

MoMo PSB Marks International Women’s Day Harping on Financial Empowerment

MoMo Payment Service Bank (MoMo PSB), has hosted an empowering event for 40 women, demonstrating its commitment to fostering equality and women’s empowerment in the financial sector. The gathering at MoMo PSB’s headquarters, which marks International Women’s Day 2025, brought together a diverse group of women for a day of learning, networking, and inspiration. The […]

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Business

Vertiv Launches New Free Cooling Evaporative Solution to Boost Efficiency for Data Centres

 Vertiv, a global provider of critical digital infrastructure and continuity solutions, has announced a significant upgrade of its thermal management product portfolio with the introduction of the next-gen Verti Liebert EFC free cooling unit with low-GWP (Global Warming Potential) refrigerant. The solution is designed to meet stringent environmental standards for data centre applications, including colocation and cloud […]

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Business

Lagos Residents  Applauds Dangote Over Impact of National Food Relief Programme

Chairman of the Aliko Dangote Foundation and Africa’s wealthiest person has continued to draw widespread commendation over the socio-economic impact of his national food relief programme, as the Foundation continues the distribution of 80,000 units of 10kg bags of rice to the vulnerable in Lagos State. Recall that the Lagos flag-off of the nationwide rice […]

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Business

INFRASTRUCTURE PROTECTION: IHS Seeks Stakeholders’ Partnership, Harps on Daily Assets Losses

IHS Nigeria, part of the IHS Holding Limited group, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, is seeking closer collaboration with other stakeholders in the  telecoms industry. The company made the call at an event where it hosted a high-level meeting of stakeholders […]

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Business

With Generative AI Warming-Up to Revolutionise Payment Industry, Experts Warn of Customers’ Expectations

Boston Consulting Group (BCG)’s 22nd annual Global Payments Report, has highlighted the urgent need for decisive action to ensure profitable and sustainable long-term growth in the payments industry. The report, titled Fortune Favors the Bold, emphasises the strategic imperative for payments companies to navigate mounting challenges from evolving customer expectations, regulatory scrutiny, investor priorities, and technological […]

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Business

Red Hat Boosts Enterprise AI Across Hybrid Cloud with AI Solution

Red Hat, Inc.,  provider of open source solutions, has announced the latest updates to Red Hat AI, its portfolio of products and services designed to help accelerate the development and deployment of AI solutions across the hybrid cloud. Red Hat AI provides an enterprise AI platform for model training and inference that delivers increased efficiency, […]

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Business

Seplat Energy Hosts 6th Orodje of Okpe Golf Tournament, Splashes Prizes on Winners

Seplat Energy, an indigenous energy company, reaffirmed its commitment to community engagement and sports development as the headline sponsor of the 6th edition of the prestigious Orodje of Okpe Golf Tournament. The two-day tournament, held at the Sapele Athletic Club from March 21 to March 22, 2025, brought together over 150 golfers from across Nigeria, […]

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