Business

Dangote to Refund N16bn to Customers for Over Billed PMS Sales

Dangote Petroleum Refinery & Petrochemicals has announced that it will refund customers who purchase Premium Motor Spirit (PMS) at rates higher than the advertised prices from any of its key partners-AP (Ardova Plc), Heyden, or MRS-across Nigeria. This move follows the refinery’s recent reduction of its gantry price from N890 per litre to N825 per […]

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Business

Critical Stakeholders in Public, Private Sector Seeks Support for Safe-Guarding Undersea Telecoms Cable

Governments, industry executives and international organizations have expressed support for strengthening the world’s vital undersea network of telecommunications cables.at the International Submarine Cable Resilience Summit in Abuja, Nigeria. The concluding Summit Declaration, developed by the International Advisory Body on Submarine Cable Resilience, includes a commitment to international efforts to reinforce submarine telecommunications cable resilience, centred […]

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Technology

Only 12% of  Federal Public Institutions Comply with Processes in Civil Service, Says NITDA Boss

Only 12 percent of Federal Public Institutions, (FPIs) comply with the process, necessitating a whole-of-government approach for full alignment with national digital transformation goals. Director-General of National Information Technology Development Agency (NITDA). Mr kashifu Inuwa, who revealed this while welcoming the public participants to a capacity building programme for ICT, Budget, Finance and Planning Officers […]

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Software

NAICOM Tasks Insurance Players to Explore Opportunities in Cyber Insurance Products

Nigeria’s National Insurance Commission (NAICOM) has urged local insurance companies to prioritise the development and rollout of cyber insurance products to address growing digital risks. The call was made by Ebelechukwu Nwachukwu, head of NAICOM’s publicity sub-committee, during a recent NAICOM meeting held in Lagos. She highlighted the urgency of the initiative, citing the global shift […]

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Business

Dangote Coal, Host Communities Seal Landmark Development Pact

Dangote Coal Mines Limited and host communities in Benue State have sealed a landmark Community Development Agreement (CDA). The CDA was described by government functionaries as a major ‘milestone.’ The pact, according to the representatives of Dangote Coal and host communities, will see the company performing social programmes in support of government efforts. Representative of […]

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News

Energy Acquisition Deal Spotlight Seplat at NIES Industry Recognition

Seplat Energy Plc, leading Nigerian energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has received wide recognition from the Nigerian energy industry and other international stakeholders for its recent completion of the Mobil Producing Nigeria Unlimited (MPNU) acquisition. Seplat Energy completed the deal on the acquisition of MPNU – […]

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Business

NBC Team Visits Konga Communications as Konga Assures of Commitment to Excellence and Compliance

 A team from the National Broadcasting Commission (NBC) has paid a working visit to the studios of KongaTV and KongaFM 103.7, a development which  marked a significant step in the station’s journey toward delivering high-quality, engaging, and regulatory-compliant content. Led by the Director General of the NBC, Charles Ebuebu, the delegation also included the Lagos […]

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Business

Dangote Refinery Drops PMS Price to N825 Per Litre as Consumers Gain

Dangote Petroleum Refinery & Petrochemicals has slashed the price of Premium Motor Spirit (PMS), or petrol, for the second time this month. It has cut N65 off the previous price of N890, bringing it down to N825 per litre at the gantry (ex-depot). This follows a N60 reduction on February 1. The ex-depot price has […]

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Business

NigComSat Unveils Space Technology Initiative to Empower Young Nigerians

The Nigerian Communications Satellite Ltd (NigComSat), a government-owned company that manages the country’s communication satellites, has begun a regional training program to provide young people with satellite knowledge. The initiative, which is titled “Building Grassroots Innovation in Satellite Technology,” will begin with a five-day Space-Tech Hackathon in Yola on February 24–28. Aisha Bantam, head of […]

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News

How Modular Data Centres Can Support Nigeria’s ICT Growth

Nigeria’s information and communications technology (ICT) sector is experiencing robust expansion, fuelled by the financial services, oil and gas and fintech industries. This brings with it new investment prospects for data centres, to service advances in cloud computing infrastructure and the rollout of 5G technology. According to a 2023 research report, the size of the […]

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