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Finally, OneWeb satellite services are more accessible in South Africa! Avanti Communications, the global multi-orbit satellite technology provider, has announced the launch of Low-Earth Orbit (LEO) satellite connectivity services in South Africa. This is an incredible technological advancement for the…
A Zimbabwe politician’s son has been arrested on charges of illegally possessing a Zimbabwe StarLink terminal. This is due to the non-licenced state of the SpaceX technology in the country. Neville Mutsvangwa, who is the son of women’s affairs and…
Vodacom SA network spends R11 billion: Vodacom Group, South Africa’s biggest mobile operator, posted revenue of R11.1 billion, up 26.4%, for the year 2023. The revenue generated is only 0.5% lower than the record high of R11.17-billion in the previous…
VistaJet launches flexible charter services: VistaJet, an aviation company with over 300 jets in its fleet, has decided to extend its services to Nigeria. The company plans on providing private jet service to the upper and middle-class business components. The…
UBA Directors Acquire 27 Million Shares: Executive Directors of United Bank for Africa have been buying the company’s shares with fervor recently. Among the directors is Ugochukwu Nwaghodoh, and a Group Company Secretary, Bili Odum, who have acquired 27 million…
FBN Holdings Plc, one of the largest banking and financial holding companies in Africa, has declared the retirement of Tunde Hassan-Odukale as the chairman of its subsidiary, First Bank of Nigeria Limited. Additionally, Olufowose succeeds Hassan-Odukale in the company. This…
CrusaderSterling Pensions Limited (CPL), a leading Pension Fund Administrators (PFA), has paid out N137 billion as benefits payments to its contributors and retirees. CPL said the benefits range from lump sum, death benefits, and other approved National Pension Commission (PenCom). …
The Access Bank and Mastercard partnership is set to establish a unified cross-border money movement solution across various African markets. The initiative will facilitate companies and clients to make international transactions across more than 150 countries. The collaboration, which was…
Government under pressure to stop cybersecurity levy. CBN declared the cybersecurity levy, on May 6, to empower the cybersecurity unit in the country. The policy caused a major uproar in the country and citizens called for the suspension of the…
The Nigerian Bottling Company (NBC) Ltd has revealed it has trained 1,327 young Nigerians with entrepreneurial skills for self-sufficiency. NBC stated that the training was carried out at one of its editions of the #YouthEmpowered initiative. The initiative was held…