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…
The Association of Licensed Telecommunications Operators of Nigeria (ALTON), the umbrella body for all mobile network operators, tower companies, and telecommunications infrastructure providers in Nigeria, has expressed its deep concerned about ongoing disruptions to the supply logistics of diesel to cell sites across the country. The group said it had received credible reports that members…
9mobile, Nigeria’s fourth mobile service provider has changed its brand identity to T2mobile. It also changed its logo and colour identity from green to orange colour. The colour change, according to the carrier, is essential to reflect its tenacity and resilience after passing through market challenges. This is coming few weeks after the telco unveiled…
The Chief Marketing Officer of MTN Nigeria, Onyinye Ikenna-Emeka, has described 5G technology as a transformational force with the potential to revolutionise media, entertainment, and Nigeria’s broader digital economy. Speaking during an interactive session with fellows of the MTN Media Innovation Programme (MIP) in Lagos, Ikenna-Emeka explored how 5G, combined with the Internet of Things…
Nigeria’s leading e-commerce platform, Konga, has officially announced the launch of its Back To School Campaign. The campaign began on August 1st and will run through August 31st. This nationwide campaign is strategically designed to support students, parents, teachers, and educational institutions with mouthwatering deals, as they prepare for the new academic session. According to…
Enugu Electricity Distribution Company (EEDC) has said implementing the Band A customers tariff that was reduced from N209.50/kWh to N160.40/kWh, will cause N1 billion losses monthly. This was contained in a public announcement, Mainpower Electricity Distribution Limited (MEDL) management issued yesterday. “EEDC concluded that implementing it would result in a monthly loss of over N1…
African Export-Import Bank (Afreximbank) has signed a $1.35 billion financing facility in favour of Dangote Industries Limited (DIL). The facility is part of a larger approximately $4 billion syndicated financing arrangement for DIL, Africa’s largest industrial conglomerate. Afreximbank acted as the Mandated Lead Arranger, for the syndication. This financing, described as one of the largest…
Indigenous original equipment manufacturers (OEMs) have raised the alarm over alleged deployment of over deployment of fake SPEEDSTAR Computers by the National Information Development Agency (NITDA) through its contractors, saying that it is economic sabotage on the nation especially on the Federal Government’s Renewed Hope Agenda. The OEMs, acting under the aegis of Certified Computer…
