Technology

1 Minute

Technology

NCC: Over 17,000 subscribers switched providers in nine months

Akanji Philip April 12, 2022 0 Comment

About 17,030 telecommunication subscribers changed their service providers in nine months, according to data from the Nigerian Communications Commission. From June 2021 to February 2022, 17,030 switched from former service providers...

2 Minutes

Technology

Fast-Track Delivery Of Transformers, Substations To Nigeria: Power Minister To Siemens

Akanji Philip April 1, 2022 0 Comment

Minister of power, Abubakar Aliyu has called on a German firm, Siemens Energy to fast-track the delivery of transformers and mobile power substations ordered by the Nigerian government. The call was made...

1 Minute

Technology

Nigerian firm, MD suspended for bribery –World Bank presides

Akanji Philip March 31, 2022 0 Comment

The WORLD BANK has sanctioned SoftTech IT Solutions and Services Ltd., a Nigerian information technology solutions company, and its Managing Director, Mr Isah Kantigi, for alleged corrupt practices. The firm, which...

2 Minutes

Business Technology

CBN Minimizes ATM Charges, Inter-bank Transfer Fees

Akanji Philip January 29, 2022 0 Comment

ATM withdrawal charges and inter-bank transfer fees have been reduced by The Central Bank of Nigeria (CBN). This was announced after the Central Bank of Nigeria (CBN) issued a downward review of...

3 Minutes

Technology

TUC to FG — Fix moribund refineries before removing subsidy on petrol

Akanji Philip January 19, 2022 0 Comment

The Trade Union Congress (TUC) has called on the federal government to fix the country’s moribund refineries before ending petrol subsidy payments. The union also accused the government of wasting $9.5 billion...

2 Minutes

Business Technology

Nigeria loses N630.57bn to Twitter ban – Netblocks

Akanji Philip January 14, 2022 0 Comment

Nigeria lost a whopping N630.57 billion in seven months of ban on Twitter operations in the country just as US, UK, EU welcome its return to Nigeria. This is according to statistics...

1 Minute

Technology

One bidder drops out as 5G spectrum price crosses $275m at round 11

VAM News December 14, 2021 0 Comment

One of the three bidders has dropped out of the bidding processes as the 5G spectrum reached $275,904,886.25 at round 11. The process, which has entered the next stage, is taking place at the...

Technology -2 Minutes

Telecommunications To Operate Payment Service Bank As Airtel, MTN Get Approval

Olorungbotemi November 5, 2021 0 Comment

MTN Nigeria and Airtel Africa Plc have received approval in principle to operate a payment service bank (PSB) in the country. The two leading telcos disclosed in regulatory filings on the Nigerian...

Technology -3 Minutes

CBN: We expect minor challenges — but eNaira is secure, dependable, and restored

Olorungbotemi October 29, 2021 0 Comment

The Central Bank of Nigeria (CBN) has assured Nigerians that its newly launched digital currency, eNaira, is secure and dependable despite challenges. Osita Nwanisobi, spokesperson of the apex bank, gave the assurance...

2 Minutes

Business Technology World News

Meta: Facebook changes its company name

VAM News October 28, 2021 0 Comment

The Facebook boss, Mark Zuckerberg on Thursday announced the parent company’s name is being changed to “Meta” to represent a future beyond just its troubled social network. The new handle comes as the social...