Siemens licenses Tranos to manufacture power boards locally
Nigeria’s leading engineering and manufacturing company – Tranosis pleased to announce a new partnership with Siemens for the manufacturing of…
Category: Technology
Banks recover N39.4bn non-performing loans from ICT sector
Nigerian banks recovered N39.4bn non-performing loans from its debtors in the Information and Communications Technology sector in one year. As…
Alphabet shares tumble as Google underwhelms
Alphabet reported quarterly revenue that missed analysts’ estimates on waning search advertising growth, while new sales numbers on YouTube also…
Tesla Stock Soars by More Than $100
Tesla’s stock surged on Monday on news that lifted already-rosy investor sentiment for the electric-car manufacturer. The company’s share price…
MTN Group to sell 14% of its Nigerian business
MTN Group says it is looking to reduce its majority shareholding in its Nigerian subsidiary by 14%. Bloomberg reports that…
Telecoms operators fined N2.9 billion over infractions
Four major telecommunication companies in Nigeria have been fined for various actions that contravene the rules and regulations of the…
Huawei ruling will cost us £500m, says BT
Telecoms group faces big bill for stripping out banned kit from 5G broadband network Limiting the use of Huawei equipment…
Nigerian Fintechs take lead in Africa attracting $122 million fund in 2019
The Financial Technology (Fintech) industry in Nigeria has come to stay, as it took the lead in Africa attracting $122…
IPhone 11, A Major Booster of Apple’s $91.8 billion Q1 revenue
It is indeed a blissful 2020 for Apple, an American technology company, as its post an impressive 2020 first-quarter result…
Britain favours Huawei’s 5G rollout as against US
Huawei could be about to find itself at the center of an intense political rift between Britain and the United…
Network hitches linger as slow Internet impacts banking, businesses
It appears there is no respite yet for consumers, especially those who make use of the Internet facility, as the…
Flutterwave raises $35 million to expand operations
Nigerian payment firm, Flutterwave has disclosed its expansion plans to Francophone and northern Africa as it raises a $35 million…
Facebook passes important notice on ‘harmful’ content
Following up on the news that Facebook is hiring 1,000 more people in London, Steve Hatch, its vice-president for northern…
Electricals Business “Sparked Into Life”
Commenting on the latest trading update from Dixons Carphone, Richard Lim, chief executive of Retail Economics, said: “These are solid…
TalkTalk sells fibre network for £200m
TalkTalk has agreed the £200m sale of its FibreNation fibre network business to CityFibre, a company backed by Goldman Sachs.…