An indigenous Original Equipment Manufacturer (OEM), Beta Computers, has petitioned the Ministry of Communications, Innovation and Digital Economy over the deployment of counterfeited copies of its SPEEDSTAR personal computers (PCs) by the National Information Technology Development Agency (NITDA) contractors. Beta Computers is one of the certified OEMs for made-in-Nigeria computers by the Federal Government and…
The Court of Appeal, Abuja Division, on August 8, upheld the Nigerian National petroleum Company (NNPC) Limited’s appeal against the Federal High Court’s April 2023 judgment that annulled Sen Ifeanyi Araraume’s removal as non-executive Chairman of the NNPC Board and awarded him ₦5 billion in damages. With this judgment, the Court of Appeal thus spared…
Glovo has entered into a partnership arrangement with the organisers of GITEX Nigeria Tech Expo & Future Economy Summit to select a Tech Startup founder during the summit to attend the 2025 Glovo Startup Campus programme scheduled to hold in October in Barcelona, Spain. The Glovo Startup Campus is an annual programme by Glovo that…
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,…
