Just in: Teleology Holdings scales NCC, CBN integrity tests, set to run 9mobile
Though official confirmation is still hard to get, strong indications emerged between Wednesday evening and Thursday afternoon that nearly one year on, Teleology Holdings Limited has passed the last integrity test and is set to assume ownership of 9Mobile any…
CBN heeds Senate resolution, fines MTN, 4 banks over abuse of Forex Act 1995
Three years after, the Central Bank of Nigeria (CBN) on Wednesday sanctioned leading telecoms giant, MTN and four commercial banks over what it described as flagrant violation of extant laws and regulation on foreign exchange. Though industry experts who spoke…
UBA Wise Savers Promo’ll deepen Nigeria’s saving culture—Official
More reasons have emerged on why United Bank for Africa (UBA) Plc unveiled a new savings promo, called ‘UBA Wise Savers Promo’. In a statement, the bank said the decision to float the promo is in line with its tradition…
Virtualization has raised banks’ data safety, reduce costs of server hosting—Iwegbu
Former group head, e-Business and payment, Access Bank Plc and managing director of Pn Consulting, Peter Iwegbu has revealed how commercial banks relied on strategic thinking to evolve virtualization as a model of data management. Giving further insights on hosting…
Glo slashes 85% on tariffs on calls to US, China, over 200 others
Leading national carrier and grandmasters of data, Globacom has reduced tariffs on international calls to over 200 countries for subscribers on its network by as much as 85%. Tagged Glo Slasher, the exciting offer, according to the total telecommunications solutions…
Nigeria crawling in technological innovations–Opeke, MainOne CEO
The Chief Executive Officer of MainOne Cable Company, Ms. Funke Opeke has argued that Nigeria still has a lot to cover in terms of technological innovations, saying there is little progress in the fields of electronic devices and instrumentations. She…
FG still looking for initial $300m for Nigeria Air as AMCON keeps mute on 2 airlines
The initial pomp and pageantry that greeted the unveiling of Nigeria Air name and logo recently at the London Air-Show may be fading away over apparent paucity of fund as the federal government suddenly become speechless on further build to…
Lafarge Africa mulls EGM to seek approval for debt to equities conversion, others
Leading cement solutions conglomerate, Lafarge Africa Plc., is set to convene extraordinary general meeting (EGM) to consider strategic resolutions, including understanding to convert about N6.8 billion of its foreign core investor, LafargeHolcim to additional shareholdings in Lafarge Africa, its Nigerian…
SystemSpecs boss, Obaro lists 6 things to do by MSMEs to succeed in business
Managing Director of SystemSpecs, John Obaro has laid emphasis on six critical things needed by Micro, Small and Medium Scale Enterprises (MSMEs) to be successful and grow unhindered. These include funding, innovation, infrastructure, accountability, cost optimisation and market expansion/growth. However,…
Start regulating OTT now to save businesses, ALTON cries out to NCC, CBN, others
Chairman, Association of Licensed Telecommunications Operators (ALTON), Engr. Gbenga Adebayo has raised fresh alarm on the urgent need to start the regulation of Over-The-Top (OTT) players to create a scenario of win-win situation in the financial services sector. Accordingly, ALTON…
