The demise of infrastructure companies (InfraCos), lack of commitment by some of the various government agencies tasked with driving the National Broadband Plan (NBP 2020-2025), delays in project approvals, asphyxiating tax regime and others may derail the ambitious targets of the plan, according to investigation. Nigeria’s broadband penetration rate has unexpectedly declined, casting doubt on…
AI in Nigeria said its 2025 InnovateAI Lagos, the second edition of its flagship annual artificial intelligence (AI) conference, with “Scaling AI Adoption in Nigeria: Catalysing Cross-Sectoral Innovation and Fostering Inclusive Growth” as focus, is scheduled for February 21, 2025. The conference, billed to hold at the Landmark Event Centre in Lagos, will be promoting…
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have ordered banks to pay ₦212.5 billion—85per cent of a ₦250 billion debt owed to telecom operators for USSD charges—by December 31, 2024, to a December 20 memo.USSD stands for Unstructured Supplementary Service Data, a communication protocol that allows a phone to connect…
The Stanley Jegede Foundation (SJF), a non-governmental organization with a mission to make a good quality of life accessible to the less privileged, has partnership with the LifeLine Care Association (LCA) to provide essential mental health support and services across communities. The collaboration aligns with SJF’s health advocacy targets for this year, necessitating its support…
Nigeria’s oil minister has finally approved Shell Plc’s $2.4 billion in assets sale to Renaissance Group, Renaissance has revealed. The greenlight comes just two months after Africa’s biggest crude producer declined to approve the sale of Shell’s onshore and shallow-water oil and gas in the Niger Delta region to a consortium of local companies. The…
Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has launched its “Unwrapping Smiles” campaign. The campaign is a festive initiative designed to bring hope to individuals, families, and communities this holiday season. Running from December 10 to December 31, 2024, the campaign will feature community-focused outreaches, including Christmas gifts and exciting rewards to put smiles on…
With global cocoa prices surging to $10,000 per ton, the market value of Nigeria’s cocoa industry which comprises 250,000 tons in annual volume estimated to be over $6 billion could reach $25 billion, according to stakeholders. Stakeholders spoke about the potential of cocoa industry to transform the economy during the 25th anniversary and awards ceremony…
Airtel Nigeria has hosted the 2024 UNICEF Generation Unlimited (GenU) Steering Committee meeting at the Airtel Nigeria headquarters in Banana Island, Lagos. The breakfast meeting served as a collaborative forum, bringing together stakeholders from government, the private sector, and civil society to review GenU 9JA’s progress in providing Nigerian youth with digital learning, upskilling, and…
Access Bank PLC has emerged the 2024 Best Digital Award Winner in the Commercial Banks Category at the Digital Jurist Awards, organized by Phillips Consulting (pcl.). In addition to this top honour, the bank also secured the Best Website Award, achieving an impressive score of 201 points for its engaging and user-friendly digital experience. Access…
