Tanzania has raised funds to the tune of USD 272 Million to build an international airport in its capital city, Dodoma. The loan was secured from the African Development Bank, to help the country expand its infrastructure. Breaking down the loan, Tanzania secured USD 198 million loan from the AfDB…
Author: Oluwasegun Olukotun
A strategic boost to the Federal Government’s plan to deepen digital culture came on Monday (10/2/2020) when Viasat, a commercial satellite operator, visited the Nigerian Communications Commission (NCC) to give an update on its readiness to deploy satellite broadband services in Nigeria. The Viasat team was received by Engr. Augustine.…
The Nigerian Securities and Exchange Commission has revealed plans to regulate crowdfunding in a bid to curb risks for investors and financiers looking to support small businesses and startups. The acting SEC Director-General Mary Uduk said, “Crowdfunding helps deepen the market by providing an alternative investment opportunity.” The new regulations…
The Government of Ghana has announced plans to launch an app that will enable its citizens to buy electricity from their phones. Consequently, the initiative will ensure that Ghanaians under the Electricity Company of Ghana (ECG) will not have to visit sales points to get prepaid credit. Prior to the…
The Federal Bureau of Investigation (FBI)’s internet crime complaint centre (IC3) has reported that criminals netted $3.5bn (£2.7bn) from cyber-crimes reported to the Bureau alone in 2019. The FBI received 467,361 complaints from individuals and businesses last year and has had nearly five million since its inception in 2000. According…
The Nigerian Communications Commission (NCC) has been honored with the “Outstanding Partnership” award by the Information Systems Audit and Control Association (ISACA). The Association said it was gratified by the support, collaboration and partnership with the Commission and the great strides the Commission has accomplished as the national regulatory authority…
Motorola has announced that its folding Razr will come in a second colour: blush gold. According to the company, this variant coloured Razr will be available in March. The Razr for now is available in black on Verizon for $1,499, with new orders delivering by March 3rd. The company has…
Andela, the engineering-as-a-service business that helps companies build teams quickly and cost-effectively so they can ship faster, hosted 50 students from selected Nigerian tertiary institutions at Epic Towers, Lagos, on the 8th & 9th February 2020, in partnership with UNODC and Facebook. The winning team, Predex, made up of students…
The National Information Technology Development Agency (NITDA) through its subsidiary the Office for ICT Innovation and Entrepreneurship (OIIE) is hereby calling for application from the general public especially the youths with innovative ideas to participate in the 4th and 5th editions of the FutureHack challenge. This year, the focus is…
The Executive Vice Chairman and Chief Executive (EVC/CE) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has stated that telecommunications remain the best enabler in expanding the frontiers of financial inclusion in Nigeria. Danbatta affirmed this today (05/02/2020) at the NCC head office while receiving a team from the…
TLcom, the Africa-focused Venture Capital firm, today announces it has secured an additional $31M for its TIDE Africa Fund, bringing its Sub Saharan Africa (SSA)-focused fund to $71mn. The latest investment round has attracted international interest, with TLcom confirming participation from the UK based CDC, IFC as well as South…
Carbon, Nigeria’s foremost digital financial services company, has unveiled an iOS app, making it the first digital lender in Africa to be able to initiate and complete an entire loan cycle via an iOS app. Carbon (formerly Paylater) pioneered instant lending in Nigeria and was the first mobile app that…
The Honourable Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim (Pantami), has acknowledged the important role being played by the Nigerian Communications Commission (NCC) in consistently spearheading regional and global initiatives that allow the country to make concrete contributions and inputs on issues bordering on telecoms networks standardisation…
Bitcoin has started the year with a ‘green’ candle month. January has seen BTC climb from US$6,836 on (01/01/20) to US$9341 (31/01/20) after close to six losing months for the second half of 2019. After 11 years and as we enter a new decade many commentators believe that 2020 will…
The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta has said that Nigeria must leverage and appropriately deploy telecoms and ICT resources in the fight against insurgency and to contain other emergencies. He affirmed that empirical knowledge of what ICTs can do in tackling numerous…
The Unicode Consortium has unveiled 117 new emoji that it will introduce later this as part of Emoji 13.0. For the new set, there are 62 new emoji and 55 new gender and skin tone variants of emoji, including more gender-inclusive options. This image from Emojipedia gives an insight into…
Saudi Telecom Co. (STC) as part of its expansion bid outside its home market has struck a deal to pay $2.39 billion for Vodafone Group Plc’s Egyptian business. According to a statement from Saudi Telecom, the monetary offer is for Vodafone’s 55% stake in Vodafone Egypt, the country’s largest mobile…
Nintendo has hit over $1 billion in revenue from its mobile games for Android and iOS owing largely to the popular free-to-play Fire Emblem Heroes released in 2017. The game since launch has now earned $656 million, more than every other Nintendo mobile game combined. Fire Emblem Heroes is a…
The Nigerian Communications Commission (NCC) earlier today (29/01/2020) inaugurated an in-house inter-departmental committee to concretely harmonise existing consumer outreach programmes and to develop a more impeccable way to effectively manage consumer complaints received from the Commission’s online media platforms. While inaugurating the 12-member Committee, chaired by Ismail Adedigba, Head, Consumer…
Microsoft has published a new update for Windows after it had said a few days ago, it would not provide more patches for the old operating system. The company made a reverse on its decision after it detected there was a bug in its ‘final’ patch. According to the reports,…