Elon Musk’s Starlink has suspended fresh orders for its residential kits across Nigeria, saying the suspension would be lifted after securing approval from the Nigerian Communications Commission (NCC) for price hike. The company, however, allows orders for its high-end Business Plan, in which it is allowed to charge N159,000 for a monthly subscription compared with…
A self-custody wallet built by Block Inc., Bitkey, has announced the launch of an inheritance feature for customers around the world that will start to roll out next month, and will be available to all Bitkey customers in January next year. While people who hold the keys to their bitcoin have full control of their…
SeerBit, Africa’s trusted payment solutions provider, has reaffirmed its pivotal role in shaping the future of the technology industry by impacting one billion lives at DevFest Lagos 2024 hosted on 15th and 16th November 2024 at Landmark Centre, Victoria Island, Lagos. An annual conference organised by the Google Developer Groups Lagos (GDG Lagos), the highly…
Lagos Ministry of Agriculture & Food Systems Department in collaboration with the Lagos State Employment Trust Fund (LSETF) and EkoInnovation Centre, supported by the Lagos State Government has awarded N100 million in grants to 26 young agripreneurs at the maiden edition of the Lagos Agrinnovation Summit. The platform is designed to foster meaningful conversations, collaboration,…
A leading online platform for African language learning, Lingawa, has successfully closed a $1.1 million pre-seed funding round that coincides with the company’s rebranding from TopSet to Lingawa, signaling its expanded mission to connect global audiences with the richness of African culture and heritage. The funding round attracted notable investors, including Zrosk, WEAV Capital, Kaleo…
Chairperson, Manufacturers Association of Nigeria Export Promotion Group (MANEG), Odiri Erewa-Meggison, has stressed the need to strenghten the administration of the Export Expansion Grant (EEG) incentive initiative in the country, saying Nigeria’s non-oil exports sector holds huge potential to diversify the economy away from oil for economic development. She underscored the critical role of the…
Seplat Energy Plc has said Nigeria’s development would require significant improvements in access to energy because lower-cost, more reliable energy will drive job creation, prosperity and social development and achievement of the United Nations’ Sustainable Development Goals (SDGs). Its Chief Executive Officer, Roger Brown, in his keynote at the ongoing 42nd Nigerian Association of Petroleum…
Nigeria’s Oil and Gas Free Zones Authority has granted a Free Zone Enterprise Licence to Portland Gas Limited to establish a state-of-the-art Compressed Natural Gas (CNG) conversion and refilling center in the Onne Free Trade Zone, Port Harcourt, a move that will help to accelerate the country’s transition to cleaner energy. A statement explained that…
The Nigerian Electricity Regulatory Commission (NERC) has issued a stern warning to electricity Distribution Companies (DisCos) over the reported directive asking customers to pay for the replacement of faulty and obsolete meters. In a statement via its official X handle yesterday, NERC emphasised that such instruction “contravenes the Commission’s Order No. NERC/246/2021, Structured Replacement of…
