Business

IHS CEO, Mohamad Darwish, First Bank’s Olusegun Alebiosu to Serve in NESG Board

The Nigerian Economic Summit Group (NESG) has announced the appointment of three leaders, Mr Wole Adeniyi, Mr Mohamad Darwish, and Mr Olusegun Alebiosu, to its board of directors. These appointments reflect the NESG’s steadfast dedication to promoting visionary leadership and strengthening partnerships with key business leaders and private sector stakeholders. The addition of these accomplished […]

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Business

Telecoms Operators to Spend $6.3bn Over Next Six Years to Develop & Implement Quantum key Distribution

Telecoms market stakeholders will invest a cumulative spend exceeding $6 billion on developing and implementing quantum key distribution (QKD) between 2025 and 2030. QKD is a communication method that leverages quantum mechanics to create encryption keys that are unable to be intercepted by fraudulent players; increasing the security of network transmissions. Experts in IoT markets […]

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News

Web3’s Dark Future-Quantum Computing, AI & Metaverse Fuel Perfect Cyberattacks

The financial and operational damage caused by data breaches is poised to worsen dramatically, fueled by advancements in quantum computing, Metaverse and artificial intelligence (AI). A global study conducted by post-quantum security pioneers Naoris Protocol reveals that the average cost of a data breach could climb to $5.3 million within five years, up from the […]

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Business

Nigeria to Top Africa’s Smartphone Market with 230 Million Connection by 2030 Amid Inflation, Currency Volatility, Says GSAM Report

Nigeria will top five smartphone markets in Sub-Saharan Africa by 2030 leading with 230 million smartphones connections but inflation and currency volatility will pose challenges to the sector. According to the Global System for Mobile Communications (GSMA) in its Mobile Economy Sub-Saharan Africa 2024, the telecoms industry in Sub-Saharan Africa will face significant challenges, driving […]

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Business

Backlashes, Outrages Trail 50% Telecoms Tariff Hike as Telcos, Others Hail Govt’s Decision

Backlashes, outcry and outrage are just the reactions of all critical stakeholders that followed the Federal Government’s approval of 50 per cent hike in telecommunications tariff, a development that experts believed could further compound the inflation crisis. The Nigerian Communications Commission (NCC), had in a statement given the telecoms operators approval to increase their tariff […]

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News

Truecaller Updates App to Fit-in iPhone Users, Pledges Real-time Caller ID & Spam Blocking 

AMA PRESS RELEASE Truecaller, the global communications platform, has made the biggest ever update for iPhone. The new update now offers the entire might of Truecaller’s spam and scam blocking abilities to iPhone users everywhere! It now has the ability to identify all types of calls making it at par with its Android counterpart. This […]

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Business

Africa Catching-Up on Digital Infrastructure Coverage, Says OADC CEO, Dr Coker

Edge data centres are proliferating across Africa, addressing the multi-pronged challenges of fast-tracking coverage, refreshing and transforming data centre infrastructure, achieving more agility in roll-out and reducing content latency across the continent. This is according to Dr Ayotunde Coker, CEO of Open Access Data Centres (OADC), a WIOCC Group Company, Africa’s leading provider of comprehensive, […]

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Business

JUST IN: NCC Gives MTN Nigeria, Airtel, Glo and Others Approval for 50% Telecoms Tariff Increase

The Nigerian Communications Commission (NCC), said it would be  granting approval for tariff adjustment requests by Network Operators in response to prevailing market conditions. A statement by the Director of Public Affairs of the NCC, Mr Reuben Muoka stated that the adjustment, capped at a maximum of 50 per cent of current tariffs, though lower […]

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Business

Nigeria Signs $2m Grant Agreement with US to Expand Fibre Optic Network by 90,000km 

Nigeria is set for a major enhancement in its digital infrastructure, following the signing of a $2 million grant agreement between the US and Nigerian governments to expand the African country’s fibre optic network by 90,000 kilometers. This was announced during the first-ever US-Nigeria technology dialogue held in Washington, DC on 10 January 2025. US Deputy Secretary of […]

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Business

MTN Nigeria Makes Landmark, Now First Globally CMS-Certified Nigerian Organisation

MTN Nigeria has achieved a major milestone by becoming the first Nigerian organisation, the first company in the telecommunications industry, and the first within MTN Group to earn the Compliance Management System (CMS) certification from the International Accreditation Service (IAS). This globally recognised certification affirms MTN Nigeria’s commitment to maintaining world-class compliance standards across its […]

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