In a strategic move aimed at enhancing connectivity and customer experiences, MTN Group has enlisted the expertise of Ericsson to modernise and upgrade its core network infrastructure. The transformative initiative spans a five-year period and aligns with MTN’s Unified Cloud Acceleration (MUNA) principles and objectives. The collaboration specifically targets MTN’s…
Author: Smart Megwai
In a landmark multi-market agreement, Mastercard and MTN Group Fintech have joined forces to introduce a prepaid virtual card within MTN’s Mobile Money (MoMo) ecosystem. The deal is set to significantly broaden the scope of Mobile Money services across 13 African markets, fostering financial inclusion and providing innovative payment solutions.…
MTN Nigeria, the country’s largest telecommunications provider, has acknowledged widespread network disruptions affecting its customers’ ability to make calls and use data services. The outage, lasting approximately six hours, was attributed to multiple fiber cuts, according to the company’s statement. Fiber cuts, a persistent challenge in Nigeria’s telecom industry, have…
In response to escalating regulatory scrutiny in Nigeria’s cryptocurrency landscape, Binance, a leading global cryptocurrency exchange with over 170 million users worldwide, has disabled its peer-to-peer (P2P) feature for Nigerian users. The move comes as a proactive measure amid a tumultuous regulatory week marked by significant changes, including the blocking…
In celebration of International Women’s Day (IWD) 2024, the Minister of Communications and Digital Economy, Dr. Bosun Tijani, has unveiled a collaboration between the 3 Million Technical Talent (3MTT) program and HerTechHub. This partnership aims to distribute 370 laptops and 774 tablets to female participants of the 3MTT program. HerTechHub,…
The Federal Ministry of Innovation, Science, and Technology has formalised a collaboration with Domineum/Edenbase UK through the signing of a Memorandum of Understanding (MoU) for the development of Abuja Tech City. The MoU, signed by the Minister of Innovation, Science, and Technology, Uche Nnaji, sets the stage for a strategic…
The digital lending landscape in Nigeria is witnessing remarkable growth, marked by a surge in approved loan app companies. The Federal Competition and Consumer Protection Commission (FCCPC) and the Central Bank of Nigeria (CBN) have given the green light to a total of 263 companies, showcasing a significant rise from…
The Nigerian Communications Commission (NCC) has reemphasised its directive to telecom operators, instructing them to deactivate phone lines of subscribers not linked to their National Identification Numbers (NIN) by February 28, 2024. Dr. Aminu Maida, the Executive Vice Chairman of the NCC, conveyed this message during the NCC’s Special Day…
The Gulf Information Technology Exhibition (GITEX) is extending an invitation to approximately 100 Nigerian startups to participate in the second edition of GITEX Africa, scheduled to be held in Marrakech, Morocco, in May 2024. Last year, only seven Nigerian tech startups were among the 450 global startups that took part…
Cupertino-based tech giant, Apple Inc., is discontinuing its decade-long effort to build an autonomous electric car, known as the Special Projects Group, according to Bloomberg via Reuters. The company will wind down the team dedicated to electric cars and redirect resources toward artificial intelligence (AI), signaling a strategic shift in…
Schneider Electric Kenya, a global leader in energy management and automation, has officially named Ifeanyi Odoh as its new Country President, effective February 2024. The announcement comes as part of a strategic move to leverage Odoh’s expertise in driving sustainable growth and innovation in the business. Ifeanyi Odoh brings a…
The Federal Government, through the Tertiary Education Trust Fund (TETFund), has unveiled plans to establish more than 24 skills and innovation centers across Nigeria. The announcement came during a visit by the Minister of Education, Prof. Tahir Mamman, to the Innov8 Hub in Abuja. The visit involved key stakeholders, including…
In a significant leap towards environmental responsibility, Nokia has announced its commitment to achieving net-zero greenhouse gas emissions by 2040, a decade earlier than its previous target. This ambitious move places Nokia ahead of the Paris Agreement’s goal of achieving net-zero emissions globally by 2050. The company is intensifying its…
In a recent revelation, the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, disclosed that Binance Nigeria facilitated transactions totaling $26 billion in the last one year. However, concerns about unidentified sources and potential illicit financial activities prompted the CBN to impose restrictions on crypto exchanges, including Binance. During a…
In a strategic reversal of its stance on Bureau De Change (BDC) operators, Nigeria’s Central Bank has announced plans to resume selling dollars to eligible operators at N1,301 per dollar. This marks a pivotal shift three years after the initial ban on dollar sales to BDCs, reflecting a calculated move…
The International Telecommunications Union (ITU) has successfully garnered commitments totaling $9 billion from mobile operators to amplify global connectivity. The announcement was made by ITU Secretary-General, Doreen Bogdan-Martin, during the Mobile World Congress (MWC) on Monday. These commitments signify a significant stride towards the ITU’s mission to connect the world,…
Kenya’s High Court has lifted the injunction against the new Maisha Namba digital ID system, enabling the Kenyan government to resume the printing of national ID cards. The decision comes after an application filed by Katiba Institute led to the freezing of Maisha Card issuance in December last year, citing…
In a move signaling a potential shift in ownership dynamics, the Federal Government is considering the sale of its majority shares in Nigeria Communications Satellite Limited (NigComSat). This development follows the recent approval of the Oronsaye report’s implementation by the Federal Executive Council (FEC) on Monday. The Oronsaye Committee, instituted…
A dynamic team led by former Twitter engineers is at the forefront of redefining the application of AI to enhance people’s news consumption experience. Particle.news, a promising startup, has recently entered private beta, introducing an innovative, personalized, and multi-perspective news reading platform. This platform not only utilises AI to provide…
Recent data released by the Nigerian Communications Commission (NCC) underscores the growing adoption of 5G technology in Nigeria, revealing that the country’s 5G subscriptions reached 2.3 million by the end of December 2023. Despite this significant milestone, 5G subscriptions constitute approximately 1.04% of the nation’s overall active telephone service subscriptions,…