Facebook shares jump 5% after strong results

October 31, 2019

Shares of Facebook Inc rose nearly 5% on Thursday, a day after the social network reported its third straight rise in the pace of quarterly sales growth as well as an uptick in users in some of its most lucrative markets. Wall Street analysts gave a more mixed reception to the earnings report, with at […]

FG urged to disburse TraderMoni via Lendtech platforms

October 29, 2019

By Omobayo Azeez Lendtech platform operators in the country have urged the federal government through the office of the Vice President Yemi Osinbajo, to disburse TraderMoni loans through the technology platforms in order to attract more Nigerians into the financial inclusion net. TraderMoni is an empowerment scheme of the federal government in form of loan […]

Airtel lowers data price for subscribers in Nigeria

October 24, 2019

By Samson Echenim  Airtel Nigeria has lowered cost of data for its teeming subscribers. The telecoms giant on Wednesday said it has increased the data allowance on its weekly and monthly data tariff plans in a new move that will enable mobile internet consumers to enjoy more value at heavily discounted rates. The new data […]

Airtel Africa partners Finablr to facilitate seamless inbound and outbound cross-border payments

Afolabi OluwaseunOctober 23, 2019

Airtel Africa, leading telecommunications service provider, and Finablr, a global platform for payments and foreign exchange solutions, have entered into an extensive global partnership that will see the two companies bringing together their complementary capabilities. As an outcome of the arrangement, Airtel Africa mobile money operations will be integrated with Finablr’s technology platform and global […]

Facebook devotes $1 bn to affordable housing in US

October 22, 2019

Facebook on Tuesday said that it is devoting $1 billion during the coming decade in affordable housing, most of it in its home state of California. The leading social network has partnered with Governor Gavin Newsom and others on projects intended to result in as many as 20,000 new housing units for teachers, nurses, first […]

SIFAX empowers 30 blind students with ICT training

October 19, 2019

SIFAX Group, Nigeria’s ports services giant, has given digital/ICT skill training to 30 blind students in conjunction with the Initiative for National Growth Africa, a non-governmental organisation that caters for the less privileged in the country. The training, held at the Nigeria Society for the Blind School, Oshodi was designed to equip the blind students […]

Another Nigeria firm eyes country’s N1trn phone market after AfriOne

July 24, 2019

By Samson Echenim     After waiting for a decade and half, it appears Nigerian investors are now ready to tap into the phone market, as an indigenous concern, in partnership with foreign investors, plans to begin manufacturing of mobile phones in Nigeria, a market, experts say, is valued at more than N1 trillion. A […]

Banks, Telcos, NIS under investigation for breach of data privacy

July 17, 2019

By Samson Echenim     Commercial banks, telecom firms and fintechs are currently being probed by the National Information Technology Development Agency (NITDA) over allegations of breach of the Nigeria Data Protection Regulation (NDPR). The agency says it is also investigating the Nigeria Immigration Service for same allegation. Isa Pantami, director-general of NITDA said Nigerians […]

MTN launches 4G+ in Lagos, Abuja, Port-Harcourt

July 4, 2019

MTN Nigeria Communications Plc has launched 4G+ network in Lagos, Abuja and Port-Harcourt. A statement from the leading telecom giant in Lagos  said the enhanced 4G+ service was aimed at delivering a premium experience to more people across the country. Speaking at the launch, Mazen Mroue, the chief operating officer, MTN Nigeria, said “It’s about […]

HP, Dell, other tech firms plan to shift production out of China: Nikkei

July 3, 2019

Dell Technologies  and Microsoft Corp are planning to shift substantial production capacity out of China, Nikkei reported on Wednesday, citing sources. HP and Dell are planning to reallocate up to 30% of their notebook production out of China, Nikkei said. Microsoft, Google, Amazon.com Inc, Sony Corp and Nintendo Co Ltd are also looking at moving […]