Intentionally targeting underserved corridors, strengthening data localisation, and supporting low-latency cloud infrastructure across the continent are some of the strategies being deployed by Phase3 Telecom to accelerate Africa’s digital economy transformation. Its Chief Growth Officer, Craig Lowe, who spoke on the company’s growth strategies, noted that Africa is leapfrogging legacy systems, with mobile money replacing…
The Central Bank of Nigeria (CBN) has rolled-out Bank Customers’ Bill of Rights and Obligations to members of the banking public. The report, released at the “CBN Fair” held in Lagos, under the theme: “Driving Alternative Payment Channels as Tools for Financial Inclusion, Growth and Accelerated Economic Development”, insisted that a bank customer has a…
The National Sugar Development Council (NSDC) has strike deals with four new operators to develop greenfield sugar projects that will collectively produce 400,000 metric tons (MT) yearly, marking a significant phase in an ambitious campaign to reduce the country’s heavy dependence on imported sugar and achieve domestic self-sufficiency. The four sugar operators are Brent Sugar…
Schneider Electric has restated its commitment to supporting the Federal Government to achieve the United Nations Sustainable Development Goals (SDGs). Its Country President, Ajibola Akindele, who restated the commitment when the company marked its 25 years of industrial and social impact in Nigeria, said over the years, the company has delivered sustainable solutions across critical…
The Nigerian government has moved to ensure that all contracts awarded by Ministries, Departments, and Agencies (MDAs) are backed by available funds before any legal commitments are made. Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, disclosed this in Abuja during the Stakeholders’ Engagement on the Implementation of the 2025 Capital…
The Federal Inland Revenue Service (FIRS) has achieved its oil and gas sector revenue target for 2025, a milestone the agency attributed to sustained peace in the oil bearing Niger Delta region of the country. A statement from the FIRS signed by Dare Adekanmbi Special Adviser on Media said the FIRS Chairman, Dr. Zacch Adedeji,…
The Speaker, House of Representatives, Hon. Tajudeen Abbas, has commended the National Agency of Science and Engineering Infrastructure (NASENI) for promoting affordable and cleaner energy solutions through the establishment of NASENI-Portland CNG Conversion, Training Centre and Refill Station, Kubwa, Abuja The Speaker represented by Hon. Alex Mascot Ikwechegh while inaugurating the NASENI-Portland CNG Hub noted…
President Bola Tinubu has reaffirmed his administration’s determination to reposition Nigeria’s steel sector as the nation’s industrial heart and a key driver of economic diversification. Declaring open the Inaugural Stakeholders Summit on the Development of the Steel Sector in Abuja on Wednesday, the President—represented by Vice President Kashim Shettima—outlined a raft of initiatives aimed at…
Meta has announced its collaboration with I.N Official to unveil the first ever AI-powered fashion collection at Africa Fashion Week London billed for today 9th August. It said it is a significant step to reshape the development and refinement of the fashion ecosystem. The Fall/Winter 2025 collection titled ‘Transcendence’ has been created by using Meta…
