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5G license auction: Round two ends with $201.3m

5G license auction: Round two ends with $201.3m

By Prince Osuagwu, HiTech Editor, Reporting live from bid ground Round two of the bid began at exactly 1.40pm. Each round is 20 minutes and there are three bidders, MTN Communications Plc, MAFAB Communications Ltd and Airtel Nigeria. They are bidding from a reserved price of $197.4m. The auction which is at the instance of […]

LivingTrust Mortgage Bank emerges Africa Mortgage Bank of the year

LivingTrust Mortgage Bank emerges Africa Mortgage Bank of the year

By Olasunkanmi Akoni The LivingTrust Mortgage Bank Plc, has been awarded the highly coveted Africa Mortgage Bank of the Year. The bank was announced winner of the award at the 2021 Africa Housing Awards, held on Friday, in Abuja. The event, widely recognised as the most credible and prestigious award in Africa’s Housing Industry, was […]

ITF boss Ari, NCC’s Danbatta win TheNigerian News Awards of Excellence

ITF boss Ari, NCC’s Danbatta win TheNigerian News Awards of Excellence

The heads of the Industrial Training Fund and Nigerian Communications Commission have been nominated for awards of excellence by UK-based media group, TheNigerian News. According to the company, the awards will be received by ITF’s DG, Sir Joseph Ari and NCC’s Executive Secretary, Prof Umar Danbatta respectively at its fifth anniversary. In a statement signed […]

Alleged N2.9b fraud: Defence counsel withdraws

Alleged N2.9b fraud: Defence counsel withdraws

Managing Director Eunisell Limited, Mr Chika Ikenga, has reaffirmed that a former employee of the company, Kenneth Ndubuisi Amadi allegedly defrauded the company by making customers pay Eunisell’s invoice through his personal account. Ikenga was speaking while answering questions from the defence counsel, Mr J. O. Akinwale, the new representative of Amadi, after senior lawyer, […]

Fayemi, Akeredolu mourn demise of Oba Oyewumi, Soun of Ogbomoso

Fayemi, Akeredolu mourn demise of Oba Oyewumi, Soun of Ogbomoso

Governor Kayode Fayemi of Ekiti and his Ondo State counterpart, Oluwarotimi Akeredolu, have expressed sadness over the death of Oba Jimoh Oyewumi Ajagungbade III, the Soun of Ogbomosoland. The two governors expressed their condolences in separate statements they issued on Sunday and made to newsmen in Ado-Ekiti and Akure respectively. Fayemi, who is the Chairman […]

Franzua Rudder Explains How Bik Data X is Changing The Crypto Landscape

Franzua Rudder Explains How Bik Data X is Changing The Crypto Landscape

In recent years, cryptocurrency—and in particular, Bitcoin—has demonstrated its value, now boasting 14 million Bitcoins in circulation. Investors speculating on the future possibilities of this new technology have driven most of the current market capitalization, and this is likely to remain the case until a certain measure of price stability and market acceptance is achieved. […]

5 security tips for shopping online this holiday season

5 security tips for shopping online this holiday season

By Etop Ekanem ‘Tis the season for deals and sales, as there’s never a more perfect time to shop for all your favorite things than Christmas! However, amidst the excitement that comes with price-slashes and the shopping frenzies, it’s important to not forget the cybercriminals also working overtime to take advantage of unsuspecting customers who […]

West African leaders must collaborate to overcome common challenges — Buhari

West African leaders must collaborate to overcome common challenges — Buhari

* Only 2% of population fully vaccinated against COVID-19, says Akufo-Addo By Johnbosco    Agbakwuru ABUJA—PRESIDENT Muhammadu Buhari yesterday advocated renewed collaboration among West African leaders to overcome the myriad of common challenges, including state of insecurity facing the sub-region. This is just as the President of Ghana and Chairman of Economic Community of West African […]

FCMB, Proparco sign $35m funding deal for SMEs, renewable energy

FCMB, Proparco sign $35m funding deal for SMEs, renewable energy

By Cynthia Alo First City Monument Bank (FCMB), has signed a $35 million loan and an Euro portfolio guarantee of N5 billion (EUR 10 million equivalent) deal with Proparco. The credit line will fund renewable energy projects and Small and Medium Scale Enterprises (SMEs) affected by the Covid-19 pandemic. READ ALSO:Why we banned knockout, banger in […]

BASEL III: More banks to adopt additional

BASEL III: More banks to adopt additional

Tier-1 debt structure — RenCap By Nkiruka Nnorom   Renaissance Capital, a global investment house, has said that the adoption of Basel III by the Central Bank of Nigeria (CBN) has created a new capital instrument in the form of additional tier-1debt with more banks expected to adopt the funding option in the coming year. Samuel Sule,  […]

Innovator Spotlight: Confidence Egbu honored with Product Innovation Excellence Award

Innovator Spotlight: Confidence Egbu honored with Product Innovation Excellence Award

By Omotayo Adelakun Confidence Egbu, an esteemed Product Manager at EvolveHive Technology, was honoured in a grand celebration of excellence in Nigeria’s tech landscape for her outstanding contributions to the industry. Her achievements have earned her prestigious awards at both national and organizational levels, cementing her position as a key figure in the country’s technology […]

IPOB describes Imo State as burning hell, condemned killing of traditional rulers

IPOB describes Imo State as burning hell, condemned killing of traditional rulers

By Chimaobi Nwaiwu NNEWI- The Indigenous People if Biafea, IPOB, yesterday condemned in strong terms the killing of traditional rulers in Imo  State, saying that Imo State is becoming another burning hell under the present administration in the state, saying that the madness must stop forth with. IPOB wondered why the elders, religious leader and well to […]