Business

COVID-19: MTN subscribers sent 925m free SMS in 2 months

●Service cost N3.7bn Mobile subscribers on the MTN networks sent a total of 925 million free text messages in the last two months, the telco has said. MTN, which announced the free SMS on April 2, 2020, as part of its palliative packages to cushion the effects of the COVID-19, said the value of the […]

Business

Systemspecs’ Remita powers sales of WAEC PIN

Payment solution provider, Systemspecs, has announced that prospective private candidates of the 2020 West African Senior School Certificate Examination (WASSCE) (Aug/Sept WAEC GCE) across Nigeria can now conveniently purchase their registration PINs on its Remita platform and pay through any of the multiple channels available including their debit card, internet banking, USSD and mobile wallet. […]

Business

9mobile expands market share

Telecoms company, 9mobile, is on the rebound as the latest figures by the Nigerian Communications Commission (NCC) show that the operator is regaining its market share. April figures released this month showed that the number of voice subscribers on the network had risen to 12.6 million from 12.1 million in March, indicating that the telco […]

Business

ICT: Counting pains, gains of COVID-19

As the global economy crumbles under the weight of ravaging Coronavirus, stakeholders in Nigeria’s ICT industry are seeing an opportunity for development and self-reliance amidst the challenges. SAMSON AKINTARO reports The rising cases of coronavirus pandemic continue to hurt economies globally. In Nigeria, economic experts have already forecast an inevitable recession as the price of […]

Business

Segilola gold: Potential game changer in Nigeria’s mining field

With the ground breaking ceremonies for the construction of the Segilola Gold Mine done with, the Federal Government and mining stakeholders have unanimously passed a vote of confidence on the project, saying that it will boost mining sector’s contribution to the country’s gross domestic product (GDP). Taiwo Hassan reports Obviously, the Nigerian solid minerals sector […]

Business

Post-COVID-19: ‘Infrastructure decay’ll hamper FG’s confidence in manufacturers’

Taiwo Hassan Following the Federal Government’s confidence to make manufacturing and agribusiness sectors the arrowheads to revitalise the fragile economy post-COVID-19, the Manufacturers Association of Nigeria (MAN) has described it as a tall orderconsidering the infrastructure decay and harsh operating environment. The Acting Director-General of MAN, Ambrose Oruche, in an interview with New Telegraph in […]

Business

COVID-19: Children face more abuse online, NCC warns

As more activities including children education move to the internet because of the coronavirus pandemic, the Nigerian Communications Commission (NCC) has warned that children are now more prone to online abuses than ever before. The telecoms regulator in an advisory to parents and caregivers, said recent developments had magnified the critical need for them to […]

Business

CBN’s incentives as panacea to job losses

Fear expressed by Federal Government, a fortnight ago, that about 39.4 million Nigerians may be jobless by the end of the year as a result of the impact of the COVID-19 could be averted if stakeholders key into CBN’s incentives, Abdulwahab isa reports Anticipated job losses alarm this time isn’t from strange quarters. Warning about […]

Business

ESP: Digital switchover gets N15bn lifeline

●FG to fast-track project The country’s belaboured moves to switch over to digital broadcasting is set to be enlivened as the Federal Government plans to inject N15 billion into the project in the next 12 months. This was part of government’s Economic Sustainability Plan (ESP) released recently to tackle the effects of COVID-19 on the […]

Business

Visa launches new initiative to support SMEs

Visa, the world’s leader in digital payments, has launched a new “Where You Shop Matters’ initiative that aims to champion and enable entrepreneurs in Nigeria while encouraging consumers to support small businesses. According to a statement from the company, ‘Where You Shop Matters’ will help support small businesses through the Visa Small Business Hub, a […]

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