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Coker: Banks Must Act Now on Data Localisation

CEO, Open Access Data Centres, Ayotunde Coker, speaks about the need for banks to be active in carrying out CBN’s directive on data localisation, its impact on Nigeria’s economy and

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Mobile Number Portability Drops to 1,251 as MTN Leads in Incoming Porting

Emma Okonji The total number of telecoms subscribers that dumped their service providers in search of quality service, known as Mobile Number Portability (MNP), dropped in the month of July

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Expert Warns Against Geopolitics, Delusions Built Around Artificial Intelligence

Emma Okonji           As technologies continue to emerge globally, theories of delusions continue to spread around some of the emerging technologies, especially the Artificial Intelligence (AI) technology that is fast

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FG Urged to Rethink Nigeria’s Digital Infrastructure Strategy to Boost Investments  

Stories by Emma Okonji Industry stakeholders have called on the federal government (FG), as well as industry regulators and the private sector players to rethink Nigeria’s digital infrastructure strategy in

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Nigeria’s financial inclusion reaches 79% — EFInA

By Matthew Johnson The Enhancing Financial Inclusion and Advancement (EFInA) has released its ninth Access to Financial Services in Nigeria (A2F) Survey, showing that 79% of Nigerian adults use a

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TCN launches new framework to tackle corruption, unethical practices

By Obas Esiedesa, Abuja The Transmission Company of Nigeria (TCN) has launched a new anti-corruption framework aimed at tackling corruption, unethical practices and strengthening transparency and accountability across the company.

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Petrol depot prices drop, pump price cuts loom

By Udeme Akpan, Energy Editor Petrol prices fell by as much as N24 per litre at major depots in Lagos on Tuesday, while other markets recorded smaller reductions, raising expectations

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Experts divided over CBN’s 3% interest rate slash

***CBN cuts rate to 23%, says stability achieved ***Rate cut still too high to boost businesses — NCMDLCA By Emma Ujah, Abuja Bureau Chief, Babajide Komolafe, Peter Egwuatu, Yinka Kolawole,

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Energy Ventures Moves to Convert Flared Gas to Power, LPG

Blessing Ibunge in Port Harcourt  Dutch energy firm, Energy Ventures BV, has commenced steps to convert about five million standard cubic feet of flared gas per day into electricity and

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Domestic Investors Tighten Grip on NGX, Transact  N11.89tn in Eight Months 

Kayode Tokede   Domestic investors are tightening their grip on Nigeria’s stock  market, accounting for nearly nine out of every 10 naira traded on Nigerian Exchange Limited (NGX) in the first