Premier Cool, Nigeria’s leading antibacterial cooling bar soap, has announced the launch of its nationwide consumer promotion, “10K for 10K”, in partnership with Palmpay, Nigeria’s leading digital bank. This promo is designed to reward 10,000 Nigerians with ₦10,000, amounting to a total of ₦100 million in cash rewards paid instantly via PalmPay wallets. Running from…
About 13 years after the last study, telecom sector regulator, the Nigerian Communications Commission (NCC) said it has hired a consulting firm, PricewaterHouseCoopers (PwC), to conduct an independent, data-driven study on the level of competition in the nation’s telecom sector. Head, Competition and Tariff at the NCC, Mrs Omotayo Mohammed, in her opening remarks at…
Emerging technologies such as artificial intelligence (AI), blockchain, the metaverse, and orbital infrastructure are fundamentally reshaping statehood, governance, and citizenship, The Digital State Project, a new report has said. The report which was released yesterday during an online media interaction by Multipolitan, a platform for borderless living, noted that as nations confront rapid technological change…
One of U.S. President Donald Trump’s loudest and richest supporters, Joe Lonsdale, has led investors to raise $11.7 million for Terrahaptix, a Nigerian startup that builds defence drones to bolster security systems across Africa. Lonsdale is also the founder of Palantir Technologies. Terrahaptix was co-founded by 22-year-old Nathan Nwachukwu and 24-year-old Maxwell Maduka in 2024…
The Nigerian Ports Authority (NPA) is bolstering the national economy through trade facilitation, infrastructural development, and operational efficiencies. A fresh $60 million investment in green port initiatives by the President Bola Tinubu administration is set to transform port operations in the country by driving a renewed focus on local content development. Data from last year…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) will on January 14, this year determine its procedures for the assessment of the 2025 Licensing Round. This was contained in the announcement of Lagos pre-bid conference the commission issued yesterday. NUPRC said: ” The focus areas of the upcoming pre-bid conference include: The implementation timetable, the bid…
The National Agency for Science and Engineering Infrastructure (NASENI) has launched an Inter-Agency Innovation Competition and Awards targeted at Ministries, Departments and Agencies (MDAs) of the Federal Government to promote local solutions, collaboration and technological advancement. NASENI said the initiative is designed to harness innovative ideas from public servants that can drive technological progress and…
Telecom sector regulator, the Nigerian Communications Commission (NCC) said mobile network operators (MNOs) and Deposit Money Banks (DMBs) have refunded subscribers over N10billion cash for failed airtime and data purchase. Director of Consumer Affairs at the NCC, Mrs. Freda Bruce-Bennett who disclosed this said the framework jointly drawn by the Commission and the Central Bank…
Manufacturers have raised the alarm over Nigeria’s current average lending rate of 36.6 per cent, which they described as “high and restrictive.” They lamented that the asphyxiating lending rate of 36.6 per cent has forced a reduction in credit access to the manufacturing sector to N7.72 trillion as at March 2025, down from N8.53 trillion…
