A fintech company, payZeep, has announced an initiative to subsidize mobile data costs for e-hailing drivers, under the umbrella of the Amalgamated Union of App-Based Transporters of Nigeria (AUATON). The initiative is a response to the growing alarm over skyrocketing mobile data expenses raised by members of AUATON. Although, there is already an existing collaboration…
Carrier neutral data centre operator, Rack Centre, has said its newly built 12megawatt (Mw) LGS2 Data Centre will boost data sovereignty, reduce operating cost for businesses and spur economic growth. Speaking with reporters during a media tour of the facility ahead its inauguration in Lagos, its Chief Sales Marketing Officer, Folu Aderibigbe, said the new…
Open Access Data Centres (OADC), a subsidiary of WIOCC Group, said it has earmarked additional $240 million investments to expand its data centre in Lagos. The company said with the investment, it will upgrade the data centre situated in Lekki, and serve as the landing station for Google’s Equiano subsea cable in Nigeria, to 24…
Telecom giant, MTN Group is set to report a significant decline in its full-year headline earnings per share (HEPS) when it publishes its annual report next month. The mobile operator affixed the drop to deteriorating foreign exchange impacts on its profit amid a good operational performance. MTN noted that its HEPS for the year ending…
President Bola Tinubu has reaffirmed his administration’s commitment to adopting successful global economic models, including those from India, to drive Nigeria’s development. Speaking during an interaction with an Airtel delegation led by Chairman Sunil Bharti Mittal at the State House, Abuja, he emphasized that his government is open to learning from other nations to enhance…
IHS Nigeria has said with the beginning of programs at the Ilorin Innovation Hub, it is optimistic that the facility will support the rise of additional unicorns in Nigeria in multiple sectors, highlighting the depth and resilience of Nigeria’s talent to compete in the global market. CEO, IHS Nigeria, Mohamad Darwish, in a statement to…
An AI-powered investment platform dedicated to creating financial freedom for individuals, ST Team, has launched its Tech Academy program. This initiative offers free training in tech-related fields to the children of its members. Regional Head of Smart Treasures in Lagos, Trust Otorudo, announced the program during a press conference. He emphasized the academy’s mission to…
MTN Nigeria reaffirmed its commitment to supporting local communities and driving education with the donation of 4,600 digital tablets to Government Science Secondary School, Pyakasa, Maitama. These tablets will serve as key learning devices for students and school administrators. The devices were presented to Nigeria’s Vice President, Senator Kashim Shettima, by the Chairman of the…
Last year, Nigeria’s telecom sector suffered over 50,000 fiber cuts across the country with ripple effects on service quality and huge financial losses to the mobile network operators (MNOs) via remediation and restoration. Of these cuts, 30,000 were blamed on federal and state road construction activities, telecom sector regulator, the Nigerian Communications Commission (NCC), has…
