Economy

JUST IN: Nigeria’s Currency Devaluation Hits Airtel Africa Losses Over $4m, Says Only $550m Left for Debt Repayment

Airtel Africa Plc, just like the MTN Group was badly hit by the currency devaluation of the Nigerian Government thereby resulting to losses of up to $4,979 million, which was a decline of  5.3%, and leaving the telecom operator with $550 million for debt payment in May 2024. The Group in its year ended 31 […]

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Business

UK  Government Recounts Impact on Nigeria’s Tech Space with Over $23m Investment, Support for Hubs &Startups  

The UK-Nigeria Tech Hub, launched in 2019, and which is part of the International Tech Hub Network delivered by the Department for Science, Innovation and Technology (DSIT) and the Foreign, Commonwealth and Development Office under the UK Government’s Digital Access Programme (DAP), has recorded massive impact on the Nigeria’s tech space. Besides supporting startups in […]

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Telecoms

How NCC Deploys NIN-SIM & Max 4 Rule Policies to Kill Billion Dollar SIM Boxing Criminal Biz

Boxes have a multitude of uses, and the word “box”, lends itself to diverse contexts. For “Ajala Travelers,” the box is a necessity for keeping goods for their endless journeys. In literature, idiomatically, it can be said that “one has been boxed into a corner;” another might say to deal with a conundrum: “think outside […]

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Financial

Telecoms Operators to Invest $26bn into Cloud Technology with Expenditure Predicted to Hit $65bn by 2028

Telecommunication operators will invest $26 billion in cloud services in 2024, with expenditure growing to $65 billion in 2028. Telecommunications cloud refers to the implementation of cloud technology, services, and architecture into operator core networks, with this centralisation enabling operators to develop automated network management systems. An extract from the new report, Global Telecommunications Cloud Strategies […]

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Business

Crisis Hits Internet Service in Northeast Nigeria as Quest for $1.6m to Boosts Connectivity Faces Constraints

The Emergency Telecommunications Sector (ETS) is facing financial constraints in expanding internet access and security communications services for humanitarians responding to Islamist terror in northeast Nigeria. Only 28 percent of the $1.6 million required by the ETS this year has been secured. The World Food Programme (WFP) has contributed $280,000, and the United Nations Office for […]

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Telecoms

WATISE 2.0: Experts Explore How Emerging Tech Trends Will Impact Telecoms Infrastructure Deployment

AMA PRESS RELEASE Telecommunications experts across West Africa have exposed trending innovations relying on telecoms infrastructure harping on the strategies that are crucial for the sustainability of telecommunications infrastructure to fast-track the regions digital economy. Speaking at the second edition of the West Africa Telecoms Infrastructure Summit and Exhibtion (WATISE), with the theme: ‘Shaping the […]

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Telecoms

Enhancing Digital Transformation: Innovations and Obstacles in East Africa

AMA PRESS RELEASE In recent years, countries in the eastern and north-eastern African region have launched several exciting initiatives aimed at accelerating the adoption of digital technologies. Digital transformation in East Africa Powered by the immense success of the telco sector, countries like Kenya, Rwanda, Uganda and the DRC are making strides toward becoming active, […]

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News

JUST IN: NCC Funded Nigerian University Research Makes Major Breakthrough in 5G Technology Deployment

A  Nigerian University, the Nnamdi Azikiwe University has made a major technology development breakthrough in the design of the fifth-generation mobile communication system. The Department of Electronic and Computer Engineering of the University through the sponsorship of a research work by the Nigerian Communications Commission, under the title “The Development of a User-Centric Based Clustering […]

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News

Africa Data Centres Unveils Programme for Colocation & Ecosystem Partnerships’ Product Portfolio Expansion

Africa Data Centres, a division of the Cassava Technologies group, is excited to announce the launch of its exclusive channel partner programme, ADC Channel. This programme is designed to establish colocation and ecosystem partnerships, empowering members to expand their product portfolio & offerings alongside their market presence including an expanded data centre footprint. ADC Channel […]

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Business

Nigeria’s Broadband Internet Connections Up by 1.3%, Says NCC

Nigeria has seen a small gain in broadband internet access as of February, but it confronts a difficult struggle in attaining its broadband objective for next year. According to the most recent data from the Nigerian Communication Commission (NCC), the country’s broadband internet connections climbed by 1.3 percent month over month in February to 93.4 […]

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