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Nigeria’s technological future looks bright, with 37 exceptional young minds walking away as winners at the recently concluded Omniverse Africa Tech Competition. Organized by Ominiverse Africa, the tech division of the multifaceted Omniverse Tech Industry. The competition created a platform…
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…
President Tinubu has taken the major step in response to growing concerns over the implementation of a controversial cybersecurity levy. The levy, which generated much controversy and criticism among stakeholders, has now been suspended by the President pending a thorough…
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…
In an unusual development, Airtel, one of the world’s largest telecommunications services companies, has declared an unprecedented $13 billion dividend payout. The announcement came despite the company’s huge foreign exchange (forex) loss of $549 million. Airtel to pay $13bn Dividend:…
In a bold move that underscores its commitment to monetary discipline, the International Monetary Fund (IMF) has asked the Central Bank of Nigeria (CBN) to stop waivers for banks. The directive comes as part of a wider strategy to make…
In a sudden reversal, Nigerian banks have stopped collection of deposit processing fees, providing relief to customers who were met with the charges on May 1st, 2024. The move came as the Central Bank of Nigeria ( The CBN) issued…
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…