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General News

Experts Urge Insurance Cover for Public Assets, Digital Integration

Experts have called on the Federal Government to comply with the Nigerian Insurance Industry (NIRA) law by insuring public assets and employees and also the integration of insurance into public digital platform.   The call was made at the all-media inclusive seminar, themed, ‘The Universe of Insurance and Journalism: Risk Everywhere, In Everything, is aimed […]

Telecom

GSMA Warns of AI Divide as Smartphone Costs Soar

The GSMA has warned that the world risks creating a new global divide between AI “haves” and “have-nots” unless urgent action is taken to address the digital divide and make smartphones affordable for billions of people in low- and middle-income countries. Launching its State of Mobile Internet Connectivity (SOMIC) Report 2026, the GSMA, which represents […]

News

FG, Thales Alenia Space Sign Agreement to Build NigComSat-2A

Federal Government has taken a major step towards strengthening its satellite communications capacity, with Thales Alenia Space signing a contract to build NigComSat-2A, a geostationary telecommunications satellite for state-owned operator NIGCOMSAT. The signing finalises a deal first announced in August, when Nigeria’s Federal Executive Council approved the acquisition of NigComSat-2A and a second satellite, NigComSat-2B, […]

Telecom

MVNO Market in Nigeria Gains Momentum as Lebara Commences Operation

Lebara Nigeria has commenced commercial operations, becoming a new challenger to the country’s established mobile network operators and only the second commercial mobile virtual network operator (MVNO) to launch under Nigeria’s 2022 regulatory framework. The company, owned by London-based Lebara Group, will provide voice and data services over Airtel Nigeria’s network rather than building its […]

News

Attackers Exploited Trust, Not Vulnerabilities as esentry’s H1 2026 Report Reveals ₦1 Billion+ in Undetected Fraud

Over 1 billion Naira in fraud slipped past automated security systems completely unnoticed across West Africa in the first half of 2026, according to esentry’s latest threat landscape report, Eye of Horus. Investigations by the firm’s Digital Forensics and Incident Response team across Nigeria’s fintech, payment, and core banking sectors revealed that three major incidents […]

General News

SEC Warns Nigerians Against Fraudsters in Dangote Refinery IPO

The Securities and Exchange Commission (SEC) has warned Nigerians against falling victim to fake investment platforms as interest continues to rise around the historic public offer of shares in Dangote Petroleum Refinery and Petrochemicals FZE. The commission raised the alarm on Monday, urging investors to avoid unauthorised platforms claiming to offer access to the refinery’s […]

Business news

Quest Merchant Bank Joint Leads BOI Landmark ₦250 Billion Bond Issuance

Quest Merchant Bank Limited has strengthened its track record in Nigeria’s capital markets following its role as Joint Lead Issuing House on BOI Financing SPV PLC’s ₦250 billion Series 1 Fixed Rate Bond Issuance. The Offer, which ran from August 5 to August 11, 2026, was oversubscribed, reflecting strong institutional investor appetite and confidence in […]

Telecom

ALTON Backs Zero-rated Access to Educational Platforms Programme

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has expressed strong support for the Federal Government’s Zero-Rated Access to Educational Platforms and Content Programme, being implemented in collaboration with the Nigerian Communications Commission (NCC), the Federal Ministry of Education and participating telecommunications operators. In a statement signed by Engr. Gbenga Adebayo, chairman, ALTON, the […]

General News

Africa Tax Authorities Strengthen Cooperation to Tackle Illicit Financial Flows

The African Union Commission and the African Tax Administration Forum have moved to strengthen cooperation among tax authorities across the continent to tackle illicit financial flows, cross-border tax evasion and aggressive tax practices. The institutions also agreed to deepen collaboration on domestic revenue mobilisation, taxation of extractive industries and other hard-to-tax sectors. This followed a […]

Telecom

Digital Parks, Master PowerUnveil New Data Centre Facility in Lagos

Digital Parks Africa (DPA), the data centre business in association with the Master Power Technologies Group, is expanding into West Africa with the development of a new carrier-neutral data centre in Lagos, Nigeria. This move strengthens DPA’s investment in the digital infrastructure needed to support Africa’s growing connected economy. Nigeria Data Centre 1 (NDC1) is […]

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