By Juliet Umeh Telecom sector professionals are crying that the rising spending on tech-related foreign contents will undermine gains so far made, and eventually cripple the sector, if something is not done urgently to stem the tide. According to the Association of Telecommunications Companies of Nigeria, ATCON,  the annual outflow of foreign exchange for the telecommunications sector […]

By Johnbosco Agbakwuru The Federal Executive Council, FEC, Wednesday gave approval for the procurement of telecommunication equipment that will be used to detect and block fraudsters using different SIM cards. The approval of the new regulatory system will help to support the country in addressing challenges of insecurity. The Minister of Communication and Digital Economy, […]

The Minister of State for Petroleum, Chief Timipre Sylva, says the Federal Government is currently working to grow the country’s gas reserve from 206 trillion cubic feet to 600 TCF. Sylva gave the assurance on Wednesday at the 23rd World Petroleum Congress in Houston, Texas, U.S. The News Agency of Nigeria (NAN) reports that the […]

Lagos State Government on Wednesday, unveiled the ”Lagos State Electricity Policy”, geared at providing cleaner, reliable, affordable and uninterrupted power supply to residents. Speaking at  the unveiling of the policy, organised by the Ministry of Energy and Mineral Resources, Lagos State Governor, Mr Babajide Sanwo-Olu, said that what residents wanted was regular power supply. Sanwo-Olu […]

Some 2.9 billion people still have never used the internet globally and 96 per cent live in developing countries,  making the world’s poorest left far behind, a new UN report has found. According to the International Telecommunication Union (ITU), the estimated number of people who have gone online in 2021 actually went up, to 4.9 […]

Prof. Isa Pantami, Minister, Communications and Digital Economy, has said that protection of citizens data in Nigeria is not just a secondary legislation but a constitutional requirement. The minister’s spokesperson, Mrs Uwa Suleiman, made this known in a statement on Wednesday in Abuja, adding that Pantami said this while addressing world forum of ministers in […]

The President, Court of Appeal, Justice Monica Dongban-Mensem, has called for effective blockage of leakage in the data collection system in the country to be able to effectively tackle the menace of cybercrime. Dongban-Mensem gave the assurance at a 2-day “Awareness and Sensitisation Workshop for Judiciary and National Assembly on the implementation of Nigeria’s National […]

By Juliet Umeh Technology support service company, Tek Experts, said it has hit a milestone of 1,800 engineers employed in its Nigerian operations.  The number makes Nigeria, one of its largest markets globally and powers African tech fortunes.  The company said the milestone was a result of the company’s strategic business opportunities as the tech […]

By Prince Osuagwu, Hi-Tech Editor Leading blockchain ecosys tem and cryptocurrency exchange provider, Binance, is expanding the horizons of cryptocurrency acceptance in Nigeria.  The firm believes that the best way to quickly get Nigerians begin accepting the benefits of the blockchain technology is by getting real idols and entertainment icons to drum it home.  As a […]

By Henry Ojelu Octamile, an Insurtech company enabling insurance and non-insurance businesses to protect African consumers from financial loss, has come out of stealth mode with $500,000 in pre-seed funding. The funding was led by EchoVC with participation from Fiat Ventures, Kesho VC, Trade X, Verraki Partners, Dale Mathias, Kyle Daley (Founding team member of […]

By Juliet Umeh Energy provider, Cloud Energy, has launched the Cloud Energy Green Promo, with a spread payment plan, designed to create permanent access to Solar Energy. Managing Director of the company, Engr. Theophilus Nweke at a virtual meeting, said that the Zoom meeting was triggered by the growing fact that there is no option […]

Now you can sell your gift cards at the best rates, get paid instantly, and still receive a monthly payment. Sounds crazy right? Not if you read what the old-time gift card trader is saying.Read his full interview here. If you regularly sell gift cards online, then you are constantly on the lookout for those […]

GiftHub.ng, a premier global gifting platform, has launched in Nigeria. GiftHub™️ offers users the opportunity to gift in smarter and more convenient ways, while creatively eliminating the hassles associated with deciding choice of gifts. GiftHub Ensemble Limited promoters of GiftHub, gave the assurance that its smart gifting platform will revolutionize the agelong culture of giving […]

It was with joy residents of the nation’s capital city Abuja welcomed the arrival of the Abuja Electricity Distribution Company (AEDC). AEDC was incorporated in Nigeria on 8 November 2005 as a public liability company to take over electricity distribution activities and related businesses of the Power Holding Company of Nigeria (“PHCN”) in the Federal […]

By Juliet Umeh The Nigerian Communication Commission, NCC, has said it will roll-out forward-looking and all-inclusive regulatory initiatives to provide market opportunities for all telecommunications licensees, having noticed that a lot of them are not doing well. The Commission made the promise in Lagos yesterday at a forum to interact with the licensee tagged: “Talk […]