Business

SEC Grants ‘Approval-In-Principle’ for Two Digital Assets to Deepen Capital Market

The Securities and Exchange Commission (SEC) on Thursday granted “Approval-in-Principle” for two Digital Assets Exchanges to commence operation under its Accelerated Regulatory Incubation Programme (ARIP). The commission said the move would deepen the capital market while guaranteeing the protection of investors. Five firms were also admitted to test their models and technology under the SEC’s […]

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News

JUST IN: Numbers of SIM Link to NIN Hints 153 Million as NCC Sets Deadline for Closure of Exercise 

The ongoing linking of  all Subscriber Identification Modules (SIMs) to National Identity Numbers (NINs) exercise by mobile telephone subscribers will end by September 14, 2024. Effective September 15, 2024, the Commission expects that no SIM operating in Nigeria will be without a valid NIN. The Nigerian Communications Commission (NCC), which announced the deadline today, in […]

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News

Airtel Nigeria Set to Thrill 64 Million Subscribers & Others with TV Game Show

Airtel Nigeria has revealed that its sponsorship of the game show, ‘The Price is Right,’  will be delivered not only to its over 64 million subscribers but also to all Nigerians. According to the Chief Commercial Officer of Airtel Nigeria, Mr Femi Oshinlaja, the company’s decision to sponsor the show, in association with Smartcash Payment […]

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Business

JUST IN: Telegram CEO, 39 Years Old Pavel Durov Arrested in France

Telegram chief executive Pavel Durov has been arrested by French police at an airport north of Paris. Mr Durov was detained after his private jet had landed at Le Bourget Airport, French media reported. According to officials the 39-year-old billionaire was arrested under a warrant for offences related to the popular messaging app. The investigation […]

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Business

Digital Encode, NeuRaL AI, NiRA Back NITRA ICT Growth Conference 

Cyber security and Governance Risk Compliance (GRC) company, Digital Encode and Artificial Intelligence (AI) firm, NeuRaL AI, have indicated interest in collaborating with ICT industry media body, the Nigeria Information Technology Reporters Association (NITRA), on its forthcoming annual multi-stakeholder conference. Also partnering with NITRA for this year’s event will be the Nigeria Internet Registration Association […]

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Telecoms

How Core Longevity Builds Robust Connectivity Ecosystem

Bob Lafite, Managing Executive Core Infrastructure at BCX examines the importance of long-term investment into South Africa’s connectivity ecosystem A reliable and capable connectivity ecosystem within South Africa has the potential to transform business efficiency, citizen service delivery, and drive the economy. As the South African Institute of International Affairs (SAIIA) highlights – connectivity is the backbone […]

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Business

Datacentrix Wins Huawei Recognition as IT Services Partner of 2024 

Datacentrix, a provider of high performing and secure ICT solutions, has been recognised as IT Services Partner of the Year by Huawei, a global provider of ICT infrastructure and smart devices. The award was presented at the recent Huawei Africa Connect 2024 event. Taking place at the Sandton Convention Centre in Johannesburg, Africa Connect featured […]

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Financial

MTN Group Laments Naira Devaluation, Inflation Impact on Revenue as EBITDA Drops by 41.2% 

MTN Group, Africa’s biggest mobile operator, said the decline in value of the Nigeria naira and inflation were its biggest undoing in the West African country. The African also said that it recorded huge losses in the first half (H1) of 2024 adding that it faced challenges in its Nigerian operations, the mobile operator’s biggest […]

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Telecoms

Samsung Partners Google on Circle Search for Select Galaxy A Series

Samsung Electronics has announced the availability of Circle to Search with Google for select Galaxy A series smartphones. This follows the introduction of on-device artificial intelligence (AI) in January, with the Galaxy S24 series among the first to debut AI functionalities. The Galaxy A series is a line of mid-range Android smartphones and tablets manufactured by […]

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Business

Airtel Nigeria CEO Seeks lnvestment-Friendly Environment to Sustain Industry Growth 

Stakeholders in the Nigerian telecommunications industry needs an investment-friendly environment to sustain the role of the telecoms industry in driving digital inclusion and economic growth in Nigeria. According to the Chief Executive Officer of Airtel Nigeria, Mr Carl Cruz, the need for an atmosphere that would encourage investors to help telecom operators thrive is also […]

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