Telecom regulations and technology trends
By Sonny Aragba-Akpore How telecommunications regulations could readily catch up with technology trends was the fulcrum of the just concluded Global Symposium for Regulators(GSR). Hosted by the International Telecommunications Union (ITU),the symposium was seen as a clarion call to…
Toyota plans rollout of battery Electric Vehicles from 2026
Japanese car maker, Toyota revealed on Tuesday, plan to rollout battery electric vehicles (BEVs) scheduled to be in 2026. The automotive noted that by2030, 1.7 units out of 3.5 million overall, be provided by its BEV factory. Technologies such as…
Two oil export terminal licences to yield $11bn – FG
Following the issuance of licences for the establishment of two crude oil export terminals, capable of generating $11bn revenue annually for the country, there are strong hopes of early stability of the economy. The Federal Government issued the licences through…
Milton Steel Manufacturing Company begins production in Anambra
Following the recent commissioning of Milton Steel Manufacturing Company by the Anambra State Governor, Prof. Chukwuma Soludo, production activities has begun at the complex in Awkuzu. Soludo described the multi-million-naira Milton Steel Manufacturing Company which will be producing steel rods…
Just in: Practice Code for ChatGPT, others coming—NITDA
The National Information Technology Development Agency (NITDA) has revealed that it has started drafting the Nigeria Code of Practice on the use of Artificial Intelligence (AI) such as ChatGPT, and others. Spokesperson of the agency, Mrs Hadiza Umarexplained in an…
Subsidy Removal: Fuel scarcity looms as many marketers can’t raise fund for import
The NNPC Limited has asked oil marketers to merge their old orders with new ones following the removal of the petrol subsidy, saying those who have placed an order before the removal of the subsidy could ask for a refund…
Navy names Co-chair for SHADE GoG as Jamoh harps on team work
The Chief of Naval Staff (CNS), Vice Admiral Awwal Zubairu Gambo, CFR has approved the appointment of Rear Admiral PE Effah as the new Co-Chair of the Gulf of Guinea Maritime Collaboration Forum Shared Awareness and De-Confliction (GoG-MCF SHADE), replacing…
NGX All-Share Index opens the week strong, gains 3.99%
Opening the week, the local bourse rebounded by 3.99% to settle at 58,163.55 points. Investor interest in telco heavyweights, AIRTELAFRI (+7.78%), MTNN (+3.60%), ZENITHBANK (+10.00%), GTCO (10.00%) and STANBIC (+9.33%) were the primary drivers of the overall market’s strong performance….
Nigerian Navy pays working visit to NPA Hqs, Lagos
Managing Director of Nigerian Ports Authority (NPA), Mohammed Bello Koko (5th left), FOC Western Naval Command, Rear Admiral, Joseph Akpan (4th left), ED Engineering & Technical Services, Engr. Ibrahim Abba Umar (3rd left), Executive Director, Finance and Administration, Adenrele.S. Adesina…
TOTALEnergies discovers oil & gas on OML 102 Offshore Nigeria
TOTALEnergies has announced the Ntokon oil and gas discovery on OML102 offshore Nigeria. Located in shallow waters, 60 km off the southeast coast of Nigeria. “The Ntokon-1AX discovery well encountered 38 meters of net oil pay and 15 meters of…
