Dangote Cement Plc has signed an agreement with GE to modernize seven GE LM6000PC Aeroderivative gas turbines and install the Asset Performance Management (APM) digital solution at Dangote Cement plants located in Obajana and Ibese, Nigeria. The terms of the deal also include Service Agreement Extension for additional 50,000 operating hours for each of the […]
Three Nigerian companies have been selected as among the best in Africa in terms of investment opportunities and are set to participate in the Venture Capital for Africa’s (VC4A’s) Venture Showcase forum slated for Johannesburg, South Africa, next month. A news report by Africa Press Organisation (APO) Group on behalf of the VC4A, the organizers […]
The Central Bank of Nigeria (CBN) has released a new regulatory template guiding all forms of electronic payments and collections for public and private sectors in the country. The apex bank stated that the monetary policy measure, which was taken furtherance of its powers under enabling Act 2007, was a revision of the Guidelines on […]
Tecno Mobile, a global leading mobile phone company, has launched new smartphones Camon 12 Air with upgraded camera to unlock a new image era of innovative shooting performances. Described as one of the most remarkable camera devices, the latest smartphone from the company’s stable, is coming with the initiative Dot-in Display and 16MP+2MP+5MP AI Max […]
Nigeria’s leading telecommunications services provider, Airtel Nigeria, has announced the roll out of its pan-Nigeria Home Broadband value offering as part of its strategic initiatives aimed deepening its broadband connectivity in homes and offices nationwide. The telecommunications operator stated that the launch of theHome Broadband offerings leverage on its expansive and modernized 4G network, which […]
As Nigeria continues to explore all options to improve her earnings from the hydrocarbon resources industry, the Executive Operations Director, Seplat Petroleum Development Company Plc, Mr. Effiong Okon, has identified the adoption of critical contemporary technologies as crucial to effective planning and forecast and mitigating the risks in the industry. Okon gave this hint while […]
The Nigerian Communications Commission (NCC) reported that Internet users in Nigeria increased to 114,752,357 million in February 2019. The latest data showed that overall internet users increased by 850,153 in February from the 113,875,204 users recorded in January. The commission gave these figures in its Monthly Internet Subscribers Data for February posted on its website. […]
The chief executive officer of Facebook, Mark Zuckerberg, has canvassed the need for new global regulations governing the internet. Specifically, he recommended tough rules on hateful and violent content, election integrity, privacy and data portability, among other regulatory imperatives. In a statement that was published as an op-ed in some newspapers, the Facebook chief said the […]
Nigeria’s power sector regulator, the Nigerian Electricity Regulatory Commission (NERC) has flawed the position of the electricity distribution companies (Discos) on meter supply to consumers, saying the responsibility is that of the companies based on the provisions of the Meter Asset Provider (MAP) Regulations 2018. The commission, in a statement maintained that the DisCos’ role […]
Barely three weeks after it successful launched its Diaspora enrolment initiative in South Africa, the National Identity Management Commission (NIMC) on Monday stated that it had extended the programme to the United Arab Emirates (UAE) and the United Kingdom (UK). According to the commission, the NIN enrolment in UAE and the UK is in collaboration […]