Business

IXPN Hits 570 Gigabytes Per Second in Traffic, as Peak Traffic Grows Consistently in 10 Years

The Internet Exchange Point of Nigeria (IXPN) has continued to record yearly peak traffic growth. Managing Director and Chief Executive Officer of IXPN, Mr. Muhammed Rudman said that IXPN has confidently grown peak traffic annually for the past 10 years. Rudman who was speaking at the 2024 edition of IXPN Members Engagement Forum in Lagos, […]

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Telecoms

NCC Mulls Deeper Collaboration on Telecoms Industry Issues with Sierra Leone Government

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr Aminu Maida said that Nigeria and Sierra Leone shared the same challenges in their respective telecommunications industry. Maida made this known while hosting the Sierra Leone Minister of Communications, Technology and Innovation, Ms Salima Bah, who was in Nigeria for official visit. He said, […]

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Business

MasterCard Acquires $200m Stake in MTN Group Fintech

MasterCard yesterday sealed a definitive agreement with MTN, for a minority investment of up to $200 million in MTN Group Fintech, valued at $5.2 billion on a cash and debt-free basis. The Johannesburg Stock Exchange (JSE)-listed MTN Group stated today that the deal, which is non-categorised under the JSE Listings Requirements, was originally announced on August 14, […]

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Business

UK Govt Doles Regulators £10m Ahead of AI Rave

The UK government has decided to bung regulators £10 million to help make them ready for the rigours of handling everyone’s favourite fast-growing technology buzz topic: artificial intelligence. The move forms part of a broader funding allocation into AI. It comes alongside another £90 million to be ploughed into nine new UK-based AI research hubs […]

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Telecoms

Anambra Clinches Multiple Awards at Kano Communication, Innovation, and Digital Economy Confab

The Anambra State Government as well as the Anambra State ICT Agency were ravished with multiple awards at the recent 11th National Council on Communication, Innovation, and Digital Economy (NCCIDE) meeting held in Kano. Anambra State emerged as a technological powerhouse, securing four prestigious awards during the ICT peer review session. The State proudly claimed […]

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Financial

Airtel Africa Customer Base Hits 151.2 Million with Mobile Money Transaction Rising to $116bn

Airtel Africa total customer base grew by 9.1% to 151.2 million just the telecoms company with spread across Africa its penetration of mobile data and mobile money services continued to rise, driving a 22.4% increase in data customers to 62.7 million and a 19.5% increase in mobile money customers to 37.5 million. The company in […]

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Business

JUST IN: Nigeria’s Tele-Density  Drops to 102.30% as NCC Adjusts Statistics to Reflect Population Figures & ITU Standard

Nigeria’s telecommunications industry tele-density has dropped from 115.63% to 102.30% in September according statistics released by the Nigerian Communications Commission (NCC). The Commission in its telecom industry statistical reports of September, October, and November 2023 published on its the website further revealed that broadband penetration witnessed a similar drop from 45.47% to 40.85% in the […]

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Financial

Global Spending on Consumer Electronics to Crash by $5.3bn, Smartphone Worst Hit  

After record sales during the pandemic, the global consumer electronics market has had a challenging two years. High inflation and gloomy economic outlook cut down consumer budgets and significantly changed their spending habits, with many focusing their reduced disposable income on travel and leisure activities rather than tech. This low-demand landscape is expected to continue […]

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News

Maida at Kano Zone Visit Assures of Commitment to Staff Welfare

The Executive Vice Chairman of the Nigerian Communications (NCC), said his drivers for the Commission remain investing in the people assets of the Commission, collaboration, and to ramp up compliance activities of the Commission The boss of the Commission, Dr. Aminu Maida restated that during his Kano State Zonal Office of the Commission in continuation […]

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Technology

Minister Laments Absence of Data Privacy Rights Awareness Among Nigerians

The Minister of Communication, Innovation and Digital Economy is worried that most Nigerians are still unaware of their rights as far as data protection is concern. The Minister, Dr Bosun Tijani who expressed his concern at the Global Privacy Day Press Conference, which marked the beginning of the National Privacy Week 2024, harped on the […]

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