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Telecom/ICT Industry infrastructure Gap Will Require Over N15Trn – ATCON

The Association of Telecommunications Companies in Nigeria (ATCON) on Thursday projected that about N15 trillion would be required to finance the current infrastructure gap in the nation’s telecom/ICT industry in the next few years. The association’s President, Mr. Ikechukwu Nnamani, made the projection when he led a delegation of the association’s newly elected National Executive […]

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Cybersecurity Software Market Earnings To Hit $45.5Bn In 2021

As global usage of online platforms for critical communications, investments and financial transactions continue to surge on COVID-19 pandemic-triggered disruptions to the global economic system, new research findings sourced from have projected that global security software revenues may hit $45.5 billion this year. The figures, which represent a 20% increase in two years, are […]

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Global IPO Value Hits $268bn In 2020, Highest In 10 Yrs

Despite the COVID-19 pandemic’s devastating impact across the broad spectrum of the global economy last year, the initial public offering (IPO) sub-segment of the global equities market recorded a whopping $268.0 billion value from a total of 1,363 IPOs deals, demonstrating the resilience of equity and capital markets. A research data analyzed and published by […]

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NIGCOMSAT, Others Collaborate On SBAS For Africa’s Aviation Sector

The Agency for Air Navigation Safety in Africa and Madagascar, ASECNA, the Nigerian Communications Satellite Ltd, NIGCOMSAT and Thales Alenia Space, joint venture between Thales (67 %) and Leonardo (33 %) joint efforts to accelerate Satellite-Based Augmentation System (SBAS) development for aviation in Africa. Following the broadcast of a SBAS signal over Africa & Indian […]

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Telcos Jostle To Meet Customers’ Growing Appetite For Digital Contents

Telecommunication services providers are racing for improved digital contents to meet the yearnings of their customers globally. This is some of the findings in the United States of America, Africa and other parts of the world where customers’ appetite for digital contents is rapidly growing as the COVID-19 pandemic is accelerating the move to digital […]

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‘Safeguard Your Online Trading From Scammers’ – INFINOX Boss

The Managing Director, Infinox, an online trading partner now available in Africa to empower traders in Forex, shares, commodities and other financial instruments trade, Mr. Jay Mawji, has advised online traders on the increasing need to safeguard their online trading from prowling scammers as they intensify their efforts to defraud traders. Mawji explained that the […]

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Why FG Extended NIN Registration To February – Task Force

The National Task Force on the National Identity Number (NIN) and Subscriber Identification Module (SIM) registration on Tuesday explained why the Federal Government extended registration for the NIN by up to six weeks, from Dec. 30 to Feb. 9, 2021, and cancelled the use of Unstructured Supplementary Service Data (USSD) charges for verification across the […]

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DPR Launches App To Curb Downstream Sector Frauds

The Department of Petroleum Resources (DPR) has introduced a computer application to monitor how petroleum products in all the filling stations are dispensing products with a view to curbing abuses in the downstream sub-sector. The DPR Zonal Controller, Port Harcourt Zonal Office, Mr. Bassey Nkanga, who unveiled the Downstream Remote Monitoring System (DRMS) app at […]

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Asia’s Economy To Shrink, First Time Since 1960s

As the impact of the novel COVID-19 pandemic on global economic landscape continues to hamper productive activities across geo-political zones worldwide, Asia’s economy has been projected to contract with many of the countries plunging into deficit growth for the first time over six decades. This is even as the level of output next year still […]

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E-Payment Transactions Hit N42.76Trn In Q3, 2019

The National Bureau of Statistics (NBS) has reported that the value of e-payment transactions in the nation’s banking sector rose to N42.76 trillion in 800,201,498 transactions during the third quarter this year. The bureau, in its latest report titled ‘Selected Banking Sector Data Q3 2019’ stated that the figures were the available data on electronic […]