Francophone Africa and Nigeria’s constant currency growth has lifted Airtel Africa’s profit after tax to $813million, an improvement from $328million in the prior period. Higher profit after tax in the current period was driven by higher operating profit and derivative and foreign exchange gains of $127million compared to $179million derivative and foreign exchange losses in…
Refiant AI, an AI/ML company that compresses frontier models to run at up to 100x lower compute and energy cost, has partnered the Sargent Centre for Process Systems Engineering, a joint research centre between Imperial College London and University College London.The move represents a major step for Refiant AI, which announced its first funding round…
MTN Nigeria has restated its commitment to deepening investment in the country’s youth ecosystem, backing a youth-led creative and innovation platform, with over N45 million in funding for innovative ideas. The Chief Executive Officer of MTN Nigeria, Karl Toriola, who spoke Sunday night at the National Stadium, Surulere, Lagos venue of “The Gathering on 100”,…
Arista Networks, Inc and partners have promised at least, 30 per cent savings in power savings to data centre operators in the country. This emerged when the cloud networking tech giant, in partnership with MART Networks and Resourcery Plc, hosted a forum tagged: “Efficiency Meets Performance – The Arista Advantage” at the Radisson Blu Anchorage…
The International Telecommunication Union (ITU) and other experts have identified six priorities for safeguarding critical digital infrastructure to avert incidences such as solar storms, submarine cable cuts, satellite disruptions, and extreme weather that could disrupt communication networks and potentially trigger a “digital pandemic”. According to a new report entitled: “When digital systems fail: The hidden…
Driven by its commitment to advancing academic excellence and empowering the next generation of Nigerian leaders, the MTN Foundation has opened applications for its 2026 Scholarship Programmes. This year’s application cycle covers the Science and Technology Scholarship (STS) and the Scholarship for Blind Students (SBS), and the introduction of scholarships for medical students. Medical Scholarships,…
Meta has announced new advancements in its age assurance technology as part of its ongoing efforts to create safer, age-appropriate experiences for young people across its platforms. Through a combination of artificial intelligence (AI), product design, and parental support tools, Meta continues to strengthen how it identifies teens, protects them by default, and supports families…
MTN Nigeria has posted a landmark first quarter (Q1) 2026 result with profit after tax more than doubling to N355.5 billion from N133.7 billion a year earlier. This result was largely driven by explosive growth in data consumption and digital financial services. The telco also recorded a 41.8 per cent service revenue to N1.5 trillion…
Airtel Nigeria said it is targeting improved network capacity and ultimately improved quality of service (QoS) to end users of telecom services, according to its Chief Executive Officer, Dinesh Balsingh. “Over the last two years we have expanded our geographical network footprint by over 10 percent, and we keep going forward. This expansion allows us…
