Author: Staff Writer

It is another February and it is the month of the Mobile World Congress (MWC) 2016. Though MWC 2016 officially kicks off on Monday 22 February in Barcelona, there will be some phone or gadget launches today. Huawei is expected to give a press conference today. It starts at 1PM…

South Africa’s leading fashion retailer, Truworths, has pulled out of its Nigerian business due to high rentals and import restrictions, its chief executive said on Thursday. “We were unable to operate the stores properly any longer because we were unable to send merchandise to the stores because there’s regulation preventing…

Africa Finance Corporation (AFC) has completed the purchase of InfraCo Africa’s stake in the Cabeólica Wind Farm. The deal follows the share purchase agreement signed on 6 May 2015 in which AFC agreed to purchase InfraCo Africa’s remaining stake in the project. Cabeólica is the first privately-financed sustainable wind farm…

In December 2015, Jason Njoku of iROKO sealed a deal with Canal+ launch a mobile SVOD service in Francophone Africa. Now this deal has given birth to iROKO+ which is almost 1,800 hrs of French dubbed Nollywood, Telenovelas and African series. Today iROKO+ goes live across all the francophone countries in Africa. Jason…

Most Nigerians have loved ones who live abroad. They often have need to send money back home, whether to take care of the school fees of their siblings back home, ensure the care and support for their aging parents or invest in a real estate project back home in Nigeria.…

African Telecoms giant, MTN, has announced a content agreement deal with Sony Music. “The deal gives MTN customers unprecedented access to caller ring back tones from Sony Music’s illustrious catalogue of both local and international artists including but not limited to, SA artists, Zonke Dikana, AKA, Kurt Darren and Kaylow…

South African based venture capital firm Knife Capital has announced the launch of KNF Ventures dedicated to investing in innovation-driven ventures with proven traction. Known for its pioneering slant in addressing the challenges facing the South African early-stage investment environment, Knife Capital has always aimed at identifying and closing the gaps that prevent the…

Are you still with us on the countdown to the unboxing of the Samsung Galaxy S7? Samsung started a countdown called “Seven days of unboxing” which follows people in their first impressions of the Samsung S7. It started on the 15th of February with a little boy called Tyson and…

Mobile phone penetration in Nigeria is at an all time high! Whenever a trendy gadget is introduced into the market, within a few days, you will find it in the country. A clear example can be found with the current scramble for the latest Apple iPhones. With the growing use…

Facebook has just launched a resource site to help Non Profits. According to the company, it says it wants to help nonprofits use Facebook more effectively to achieve their goals. Whether the goal is to raise about a cause, activating supporters and raising funds, the new resource site is equipped to meet the needs.…

President Muhammadu Buhari has appointed Tolu Ogunlesi as the Special Assistant on digital and new media. Last year, Premium Times announced that Ogunlesi had undergone security screening and his appointment was to be announced in the coming days. This did not happen and Tolu did not verify the news. This time, it…

Skype has commenced the rollout of free group video calling on iPhone, iPad and Android phones and tablets in Western Europe and North America and is expected to complete the roll-out to other markets globally next week or so. This new update allows groups of up to 25 people to chat on video calls…

Fast Company has just come out with its top 50 most innovative companies of 2016. It ranks Buzzfeed as numero uno (No. 1) for shaking up media across the globe. BuzzFeed is a New York-based Internet media company founded in 2006 by the entrepreneur Jonah Peretti. Known for its highly shareable…

February 15th was a cheerful day for the children at the Pediatric Oncology Ward of the Lagos University Teaching Hospital (LUTH). In honor of International Childhood Cancer Day, Kaymu spent a fun and gift-filled morning playing with children battling cancer. LUTH has a dedicated ward for children with cancer whereby…

Undoubtedly being touted and reported as the world cheapest smartphone was certainly going to raise some eyebrows and it surely did. The Freedom 251, launched yesterday, met with some hitches that has affected the sales of the product. By the way, as at the time of this report, the website…

Oradian has been nominated for the European Fintech Awards 2016 which means that Oradian is recognized among the most promising fintech companies in Europe. Oradian began operations in its core market, Nigeria, and has since rapidly expanded into other countries across West Africa. Given the global demand and scalability of…

Tigo Tanzania announced today that customers of its Tigo Pesa mobile money service will now be able to move funds between any of the country’s mobile money operators, as Vodacom’s M-Pesa joins an interoperable network already set up by Tigo, Zantel and Airtel. Tigo becomes the only operator in Tanzania to…

Ugandans woke up to go to the polls today and found out that the social media sites have been blocked. According to the Uganda Communications Commission (UCC), this was done for ‘national security‘. Godfrey Mutabazi, the executive director of Uganda Communications Commission (UCC), confirmed that it was done at the request of the…

Google has added South Africa to the list of 103 countries where you can purchase or rent movies from Google Play Store. Users can download movies to watch offline at a later stage or stream them from within the Google Play Movies and TV app. Interestingly, this means Google will…

Twiiter, recognising that users love to jazz up their tweets, has introduced a GIF search for users to find and use the appropriate GIF for the tweet. Twitter says “Last year, people on Twitter shared over 100 million GIFs — expressing everything from their mood, to an amazing dunk, to…