Telecoms

ITU Ranks Nigeria 71% Ready for Digital Transformation, Deployment of 5G Network

A new report of the International Telecommunications Union (ITU), has ranked Nigeria very high at 71 per cent, in comparative legal, policy and governance frameworks towards G5 – advanced state of readiness for digital transformation known as G5 with Germany, Finland and Singapore leading the global chart. In the report conducted by the ITU, and […]

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Business

FCCPC Reveals Depth of  Meta $200m Sanction-Fines, Says Investigations Took Three Years

The Federal Competition and Consumer Protection Commission (FCCPC), has said that the $200 million  fine against Meta Platforms Inc. and WhatsApp LLC was based on discriminatory practices and sanctionable offences committed. The acting Executive Vice Chairman of the Commission, Dr Adamu Abdullahi, said this at a news conference in Abuja, the Nigerian capital city.  He […]

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Business

TECNO Signs MOU with Lagos State Sports Commission to Revamp Football Pitches

TECNO and  Kick Off Game-Changing Football Pitch Initiative… TECNO has signed a Memorandum of Understanding (MOU) with the Lagos State Sports Commission, to kickstart a project aimed at refurbishing a local football pitch in Lagos. This signing marks the beginning of TECNO’s commitment to transforming underutilised fields into state-of-the-art training centres, nurturing raw talent into […]

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News

Meet Forbes Woman Title Holder Heading NCC’s Stakeholder Management Engagement

Executive Commissioner (Stakeholder Management) of the Nigerian Communications Commission. Rimini Haraya Makama is a Forbes 20 Youngest Power Women Under 40 in Africa list A native of Plateau State, Rimini Makama was nominated as an Executive Commissioner of the Nigerian Communications Commission (NCC) by President Bola Tinubu,  on the 23rd of February 2024, and confirmed by […]

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FinTech

Quarter of Instant Payments to Be Cross-border by 2028, as Domestic Rails Become Interconnected

Global Value of Cross-border Instant Payments to Rise from $5 Trillion in 2024, to $17 Trillion in 2028… Just by connecting national instant payment schemes, the cross-border instant payment market will increase by 223% globally by 2028; resulting in a 29% share of all global instant payment transactions by 2028. This change will be driven […]

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Business

Vertiv and ZincFive Collaborate to Deliver Safe and Reliable Battery Energy Storage for Data Centre UPS

Vertiv, ZincFive to Deliver Safe Battery for Data Centre… Vertiv , a global provider of critical digital infrastructure and continuity solutions, and ZincFive, the world leader in nickel-zinc (NiZn) battery-based solutions for immediate power applications, today announced that Vertiv will add the ZincFive BC Series uninterruptible power supply (UPS) Battery Cabinets to its portfolio of battery systems available for […]

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Business

Global IT Outage Strikes Disrupting Airlines, Banks, Media, Telecoms Services

Global IT Outage Strikes all sectors with rage… A massive technology outage has disrupted businesses and institutions in multiple countries, throwing airports, airlines, rail companies, government services, banks, stock exchanges, supermarkets, telecoms, health systems and media outlets into chaos. The disruption was caused by an update to a product offered by cybersecurity firm CrowdStrike, which […]

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Business

Vertiv Unveils Next-Generation UPS to Tackle Fluctuating Load Demands of Data Centres

As global electricity demand from data centres is expected to double by 2026  largely driven by computing and cooling requirements from AI (artificial intelligence) and HPC (high-performance computing)  it is crucial to have a robust backup power solution to provide continuous availability of the GPUs and CPUs that run AI compute. To address these challenges, Vertiv, […]

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Business

Nigeria Moves to Strengthen Bilateral Ties with SA as NIPSS Visits MTN Group HQ

The MTN Group is hosting a high-level group from Nigeria’s National Institute for Policy and Strategic Studies (NIPSS) for a week-long visit to its Johannesburg headquarters. The visit, co-hosted by the SA-Nigeria Business Chamber, the Department of Trade, Industry, and Competition, and the Nigerian embassy, is part of an NIPSS study tour to explore the […]

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Business

ATCON, States’ Commissioners, Permanent Secretaries & Heads of ICT Agencies to Hold Dialogue on ICT Deployment 

The 36 States Commissioners in Nigeria including FCT, Permanent Secretaries and Heads of ICT Agencies are set to get abreast on how to use ICT applications to drive the efficiencies of their Government. In a statement by the Association of Telecommunications Companies of Nigeria (ATCON), which is hosting the one-day Strategic Stakeholders in the Nigerian […]

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