NCC Threatens 63 Firms, Agencies Over Use of 5.4GHz Frequency

By Aduragbemi Omiyale A new data centre business known as Nxtra by Airtel has been unveiled by Airtel Africa Plc, with Mr the former head of Global Data Centre Portfolio Management at Amazon Web Services, Mr Yashnath Issur, appointed to lead the new organisation. Mr Issur is armed with about 16 years of experience in the industry and has, over the past year, built a team of experts to execute the strategy. Business Post gathered that Nxtra was established to meet Africa’s growing needs for trusted and sustainable data centre capacity and to serve the fast-growing African digital economy. The

By Modupe Gbadeyanka On Wednesday, October 11, 2023, stakeholders within the telecoms and ICT ecosystem gathered at Fraser Suites in Abuja to discuss Modernization and Digitization, the theme of an event organised by Airtel Nigeria. The Director of Airtel Business at Airtel Africa Plc, Mr Luc Serviant, while addressing the participants, emphasised the company’s commitment to fostering collaboration and partnerships that drive progress and innovation. He highlighted Airtel Nigeria’s dedication to endowing the public sector through cutting-edge technologies, enabling transformative change on a national scale. “At Airtel, we are happy to discuss connectivity, innovation & technology, digital pillars, cloud security,

By Adedapo Adesanya Leading global provider of technological solutions YNV Group, through its cybersecurity brand, Cytek, has advocated that stakeholders in the financial services sector prioritise cybersecurity and highlighted key strategies for resilience at a recently hosted webinar for the industry. The session which was held on November 22, was themed Ensuring Cybersecurity Resilience in Financial Services Companies in Nigeria, and served as a pivotal platform for fostering collaboration and knowledge exchange in the sector. Led by cybersecurity experts in the industry, the webinar analysed some of the pressing challenges and emerging threats faced by financial services companies in Nigeria while

By Dipo Olowookere President Muhammadu Buhari on Monday afternoon held a closed-door meeting with leadership of the National Assembly at the Presidential Villa in Abuja. Present at the meeting were the Senate President, Mr Bukola Saraki, and Speaker of the House of Representatives, Mr Yakubu Dogara. According to a tweet posted by the Personal Assistant to President Buhari on New Media, Mr Bashir Ahmad, the meeting was mainly centred on the 2018 budget presently at the parliament waiting for passage. Also, the trio discussed the alleged assault on a serving lawmaker from Kogi State, Senator Dino Melaye, by the police

By Modupe Gbadeyanka A N6.7 billion lawsuit has been instituted against Union Bank of Nigeria by a multinational oil company, Petrocam Trading Nigeria Limited. The firm accused the lender of negligence and breaching a contract between them and filed the suit before a Lagos High Court. Petrocam wants the court to compel Union Bank to credit its current account with N6.7 billion plus interest on the sum at the rate of 22 percent per annum from commencement of suit to date of judgement, with N50 million in general damages. Counsel to Petrocam, Barrister Gboyega Oyewole (SAN), claimed Union Bank flouted

By Adedapo Adesanya A total of 5,000 health workers have been offered free health insurance cover worth N112.5 million, the Presidential Task Force (PTF) on the coronavirus pandemic has disclosed. The cover has been fully paid for by the Nigerian insurance industry in line with the principle of No Premium, No Cover, Chairman of the PTF, Mr Boss Mustapha, stated. Mr Mustapha, who doubles as the Secretary to the Government of the Federation (SGF), informed newsmen last Friday that the Life Insurance covers the frontline workers who are employed to fight against the COVID-19 pandemic. Mr Mustapha made this disclosure

By Dipo Olowookere In order to ease the challenge of buying the right gift for friends, families and business associates during festive seasons, SPAR Nigeria has unveiled a Christmas Gift Card alongside other theme based gift cards to suit every occasion. Marketing Head of SPAR Nigeria, Mr John Goldsmith, while speaking in Lagos about the new product, disclosed that research has shown that many people have challenges in choosing the perfect gift during festive seasons and special occasions like birthdays, weddings, anniversaries etc. “We have created these gift cards as a means of helping people to give valuable and flexible

By Adedapo Adesanya The Federal University of Technology Akure (FUTA), in collaboration with Clichers Management Chambers, has launched an accelerator programme, the first digital idea/startup accelerator program by a Nigerian university. According to the organisers, the event has a mission to provide entrepreneurs within its university community opportunities to develop and create great startups. This move will help build and support the next big student entrepreneurs. With a commitment to develop and breed global entrepreneurs, the FUTA idea/start-up digital accelerator program is open to all small businesses, startups, and student entrepreneurs with great ideas. The free virtual accelerator will welcome

By Adedapo Adesanya A fast-growing digital platform for logistics services, Kwik, has announced the launch of KwikShelf, its first on-demand e-commerce fulfilment centre in Lagos, with plans to add more to address the fast-growing demand for flexible warehousing and fulfilment solutions in Nigeria. KwikShelf is a 1,1250 sqm facility located in Iddo House, Oyingbo, in the centre of Lagos. In a statement seen by Business Post, the logistics company said it will open this September. Speaking on this, Kwik’s CEO, Romain Poirot-Lellig, said Nigerian merchants will be able to book warehousing space on demand and entirely outsource the storage and

From fridges to coffee makers, these are 5 germ traps in your kitchen. We all want our homes to feel sparkly clean, but there are some areas that may not be making it onto your household chores list. Aisha Pandor, whose on-demand home services company SweepSouth helps people to keep their homes spotless, lists the places we often forget to clean. In a study by global health organisation NSF International looking at where the highest concentration of germs can be found in the average household, three of the top five germ hot spots were in the kitchen – which leads

By Adedapo Adesanya Pan African financial institution, United Bank for Africa (UBA) Plc, and Deutsche Investitions- und Entwicklungsgesellschaft mbH, the German Development Finance Institution, have entered into a partnership aimed at supporting small and medium scale businesses (SMEs) in Nigeria. Both organisations signed a $50 million term facility agreement with a tenor of six years targeted at supporting SMEs and family-owned businesses in the country. Speaking on the partnership, UBA America’s Chief Executive Officer, Mrs Sola Yomi-Ajayi, explained that the financial institution remains passionate about the growth of the private sector and small businesses. According to her, these businesses remain