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ATCON, Instinct Wave Launch 5th TERF, Industry Awards

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The Association of Telecom Companies of Nigeria (ATCON) and InstinctWave have launched this year’s edition of Telecoms Executives and Regulator Forum (TERF) and the maiden edition of Nigeria Tech Innovation & Telecom Awards (NTITA).

The forum, scheduled to hold on the 10th of November at the Lagos Oriental Hotel is the biggest and the most important forums for regulators and policy makers in Nigeria ICT sector. The Awards, NTITA holds at the same venue on the 11th of November.

In its fifth year, TERF has not failed to attract high-level participants from regulatory authorities and technology stakeholders; TERF is an excellent platform for discussion on common policy and regulatory issues in the telecom and technology sector.

The forum will provide stakeholders with the understanding and knowledge of current policies, regulatory best practices, information on emerging issues and chart the way forward in proving an enabling and sustainable environment for the growth of the most important sector in Africa.

In the same vein, Nigeria Tech Innovation & Telecom Awards promises to be a memorable one and the gala night will excite the industry in a fashionable manner.

The reputable awards under the umbrella of ATCON and powered by InstinctWave, Africa leading B2B event organizer promises to showcase vibrancy in the sector.

Winners will be announced to an audience of Nigeria’s most influential ICT and business decision-makers at a sumptuous evening of fine dining and entertainment.

Mr Olusola Teniola, president of ATCON said the forum will discuss and share best practise on moving the industry forward while the awards, has been designed to re-define how excellence in the ever growing ICT services in Nigeria is recognised.

“If we keep honouring innovation and excellence we will be surprised that there will be an unprecedented growth not only in this sector, but generally.

According to Mr Akin Naphtal, CEO, InstinctWave, the Forum and Awards will bring together industry experts that have contributed excellently to the growth of ICT sector.

“If you are an award winner, there is no better place to gain an endorsement of your success and highlight your company’s achievements, he added.

The night will also provide an exceptional opportunity for stakeholders to network, entertain clients, and reinforce relationships with partners and reward staff with exceptional performances.

NTITA has an independent panel of industry experts as judges, will recognize organizational performances, products and services, innovations, executives and management teams, women in ICT, and successful deployed CSR Initiatives.


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FG to Create 1m Technology Jobs – Minister

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Bosun Tijani, minister for Communication, Innovation and Digital Economy, has stated that the federal government is geared towards creating about one million technology jobs for teeming Nigerian youth.

FG to Create 1m Technology Jobs – Minister

Tijani stated this at the official opening of a solar-powered community ICT center built by the National Information Technology Development Agency (NITDA) in Abeokuta, as part of activities marking the 38th Lisabi festival.

The minister emphasised the commitment of President Bola Tinubu’s administration to invest in the digital economy, driving inclusive growth and empowering the country’s teeming youth population.

“The president made it very clear when I came into office, that he will spend efforts and resources in creating one million technology jobs. So, for anybody that is following the development in the world today you will see that there’s no world without technology.

“There is a strong shortage of technology workforce all over the world, and while a lot of the developed countries have ageing population, and not giving birth to kids, in Nigeria, the average age is 16.9, so our young people are being projected to be the workforce of the future, not only for Nigeria.

“This center here is one of many. In the next two months, we are launching about 30 of them all over the country. This center will be properly animated and we will put resources into ensuring that there are courses for young people to come and take here.

“We are also going to ensure that there are job opportunities that we can connect them to and if anyone wants to follow, follow the three million Technical Talent Program which we have started already in the country”, he said.

He therefore charged the youth to remain focus, and not be discouraged, adding that there is massive employment opportunities in technology as there is no enough people to work in technology all over the world.

“If you ask anyone that works in technology, the entry salary is between N350,000 to N500,000. Technology pays really well, so instead of worrying about things being hard, they should take advantage of centers like this, empower themselves and go for the opportunities the world has to offer them”, he added.

Speaking earlier, Oba Adedotun Are, Alake and Paramount ruler of Egbaland, lauded President Tinubu for approving the centre in Abeokuta, saying that this has no doubt marked another new dawn for the people of Egbaland, given rapid growth, development, and economic empowerment of the people.


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NIPSS Projects Petrol Prices to Hit ₦750/Litre Before Year’s End!

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National Institute for Policy and Strategic Studies (NIPSS) has predicted that the price of Premium Motor Spirit (petrol) will decline as Dangote Refinery and other local refineries commence full operations.

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Speaking on Channels Television on Tuesday, April 1, NIPSS Director-General Ayo Omotayo expressed optimism that fuel prices would fall once more refineries become operational.

He projected that petrol prices could drop to around N750 per litre before the end of the year with a more stable exchange rate.

“We’re looking at it coming down as low as N750 before the end of the year. And of course, foreign exchange will still drop to about 1.3 before the end of the year, and it is going to continue like that as more of our refineries come into place.

Omotayo acknowledged the current economic hardships but insisted that the policy would benefit Nigerians in the long run.Traditional Nigerian cuisine

“The gains at this time are very little, but in the long run, we will make up for whatever sacrifices we have made today as Nigerians” he stated


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TikTok Sale Deal Expected Before April 5 Deadline – Trump

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U.S. President Donald Trump has stated that a deal for the sale of TikTok’s U.S. operations is expected to be finalized before the April 5 deadline.

TikTok Sale Deal Expected Before April 5 Deadline – Trump

U.S. President Donald Trump

The deadline, set by legislation passed in January, mandates TikTok’s Chinese parent company, ByteDance, to divest its U.S. assets or face a nationwide ban due to national security concerns.

Multiple non-Chinese firms have expressed interest in acquiring TikTok’s U.S. operations.

Private equity firm Blackstone is considering a minority investment, potentially joining existing non-Chinese shareholders such as Susquehanna International Group and General Atlantic.

In a strategic move to facilitate the sale, Trump suggested that he might consider a reduction in tariffs on China, acknowledging that Chinese regulatory approval may be required for the deal to proceed.

The White House has been actively involved in negotiations to ensure that TikTok remains operational in the U.S. while addressing national security risks.

With TikTok’s 170 million American users watching closely, the outcome of the sale is expected to have a major impact on the social media landscape and the broader tech industry.

 


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