MainOne takes full fibre optic coverage to Lagos Free Zone
Businessam Staff
March 28, 2022
BY: BUSINESS A.M Nigeria’s fast rising first private free trade area, the Lagos Free Zone, Lekki, Lagos State, has come under the fibre optic network coverage of MainOne, leading West African connectivity and data centre solutions provider. The coverage followed the expansion of the company’s fibre optic network infrastructure to zone, the firm said in […]
Microsoft chief seeks manpower rise with cyber security jobs gap at 2.5m
Onome AmugeMarch 28, 2022
BY: ONOME AMUGE Cyber security jobs are among the fastest-growing globally, but the industry has a 2.5 million jobs deficit it must fill to keep up with an evolving digital underworld where cyber attacks have become increasingly complex and difficult to detect, morphing into indiscriminate and elaborate operations. Mohammed Arif, director of modern workplace and […]
ThriveAgric pan-African growth gets $56m debt funding boost
Onome AmugeMarch 27, 2022
BY: ONOME AMUGE ThriveAgric, the Nigerian technology driven agricultural company, is to see its pan-African growth plan accelerate following the successful raising of $56.4 million in debt funding from local commercial banks and institutional investors. The new development, which includes a co-investment grant of $1.75 million from the USAID-funded West Africa Trade & Investment, is […]
Covid-19: IPI Solutions launches remote work automation application, Crater 365
Samson EchenimMay 20, 2020
IPI Solutions Nigeria Limited, a leading software integration company in Nigeria and a certified Microsoft Gold Partner has launched a unique business automation software, called Crater 365 that enables productivity from anywhere, helping staffs work remotely away from the office. As the need for staff to work outside the office environment becomes the current […]
Nigeria auto journalists express shock over Globe Motors CEO’s passing
Businessam StaffApril 22, 2020
The Nigeria Auto Journalists Association (NAJA) says it is shocked by the news of the death of William Anumudu, chairman and chief executive of Globe Motors Holdings Limited, one of the largest automobile franchise owners in the country. Globe’s franchise dealerships include Mercedes, Toyota, Hyundai and the Higer brands. Anumudu died in the early hours […]
Caveats as Nigeria embarks on 70% broadband targets trip
Omobayo AzeezMarch 3, 2020
By Omobayo Azeez In December, 2019, through the Federal Ministry of Communications and Digital Economy, the federal government revealed its intention to boost broadband penetration from its then coverage of 37.8 per cent to 70 per cent in the next five years. This sort of agenda or target is the second in the history […]
NCC charges MDAs on ICT usage, support
Omobayo AzeezFebruary 14, 2020
By Omobayo Azeez The Nigerian Communications Commission (NCC) has urged ministries, departments and agencies (MDAs) of government at different levels to further promote usage and support of information and communication technology. Umaru Danbatta, the executive vice chairman of the commission who made the call recently in Abuja also reiterated the commitment of the commission to […]
Interswitch lists N23bn bond on NSE
Omobayo AzeezFebruary 5, 2020
By Omobayo Azeez Electronic payment solution provider, Interswitch Nigeria , has listed a new bond valued at N23 billion at the Nigerian Stock Exchange (NSE) on Friday. The callable senior unsecured bond, with a tenor of seven years, at a fixed rate of 15 per cent, is part of a N30 billion debt issuance […]
Nigeria’s active phone users grow 5.69% to hit 183m
Omobayo AzeezJanuary 20, 2020
By Omobayo Azeez As teledensity peaks at 95.71 per cent Total active telephone subscriptions in Nigeria have recorded traction by 5.69 per cent to hit 182.70 million at the end of November, 2019. The uptrend recorded represents 9.83 million additional telephone users who came onboard networks of various service providers between January and November, 2019 […]
Telecoms in 2019: The regulatory viewpoint
Omobayo AzeezDecember 30, 2019
The Nigerian telecommunications sector has finely woven into the socio-economic fabric of the country. Its regulation, which is the prime responsibility of the Nigerian Communications Communication (NCC) as provided for by the Nigerian Communication Act 2003 (NCA 2003), plays a pivotal role in how the sector fares. In this report, OMOBAYO AZEEZ x-trays some activities […]