30 results
- 20 Jun 2016
FMC Technologies Expands Subsea Services Support in Nigeria
FMC Technologies, Inc. recently celebrated the official opening of its state-of-the-art subsea services support center in Onne, Port Harcourt, and the completion of the first subsea tree fully…
- 3 Feb 2021
Court Gives EFCC Nod to Arrest Mobil Nigeria MD
Economic and Financial Crimes Commission (EFCC) has been given the permission to arrest Mr Richard Laing, managing director of Mobil Oil Nigeria Plc (11 Plc), after he allegedly failed to honour…
- 18 Sept 2015
Ceragon Ready for Broadband Revolution, Inaugurates State-of-the -Art Facilities in Lagos
Ceragon Networks Limited, the global number one wireless backhaul specialist, has commissioned its new office in Lagos, Nigeria equipped with million dollars state of-the-art facilities. According to…
- 30 Aug 2013
Elumelu Invests in Seadrill Mobil in W/African Expansion Scheme
Tony O. Elumelu’s pan-African investment vehicle, Heirs Holdings, has made substantial investment in Seadrill Mobil Units (Nigeria) Limited, an affiliate of one of the world’s leading offshore…
- 24 Feb 2023
Is the Issuance of Remote Licences Good for the Nigerian Gambling Industry?
Gambling regulators in Nigeria recently announced that they would start issuing remote licences to offshore operators that wish to offer their services to Nigerian players. This would allow such…
- 27 Oct 2022
FIRS Begins Tax Deduction on Online Betting
Federal Inland Revenue Service (FIRS) has commenced the deduction of taxes at transaction points from online betting and gaming operators, according to Muhammad Nami, chairman, FIRS. Nami, has also…
- 25 Mar 2021
FG’s Crackdown on Bitcoin Echoes Global Crypto Conundrum
The backlash against the Central Bank of Nigeria (CBN) directive on cryptocurrencies echoes a dilemma facing governments around the world: how to regulate Bitcoin and other cryptocurrencies without…
- 25 May 2023
Blakskill App: A Bridge to Solve the Challenges Organisations Face in Sourcing Verified Talents across all Sectors of the Economy - Olugbenga Omojola, CEO
Blakskill limited an indigenous talent organization has developed an app designed to give organisations global access to verified talents while also giving talents (job seekers) a platform to…
- 28 Mar 2025
Aquaterra Energy Secures Multi-million-dollar well Intervention Contract with Intrepid Energy in Nigeria
Aquaterra Energy, a leader in offshore engineering solutions, has secured a multi-million-dollar, multi-year contract with Intrepid Energy Limited (IEL) to deliver a bespoke subsea well intervention…
- 12 Nov 2020
Zedcap Partners Emerges Best Brokerage Service Firm in Nigeria For Second Consecutive Year
Zedcap Partners Limited (ZPL), for the second year in a row has emerged the FMDQ Gold Award winner for the Best Brokerage Service Firm in the country. The 2020 FMDQ Gold Award for Best…
- 26 Sept 2021
Shell Donates Subsea Training Facilities to UNIPORT
Shell, Nigeria deep-water arm of global energy giant, has donated multimillion naira laboratory equipment and software packages to the Offshore Technology Institute of the University of Port Harcourt…
- 15 Jun 2026
CBN Orders Banks, Fintechs to Host Payment Data Locally
The Central Bank of Nigeria has directed banks, fintech firms, and other payment service providers to store payment transaction data generated within the country on local servers from January 1,…
- 19 Aug 2017
ALTON Decries Impact of OTT on Telecom Operations
The Association of Licensed Telecommunication Operators of Nigeria (ALTON) has decried the impact of over the top service (OTT) on the telecom operations in the country. Engr. Gbenga Adebayo,…
- 9 Jul 2021
How Africa Can Prepare as Drones Enter Hands of Insurgents
By Karen Allen Like in the Middle East, drones are a new threat posed by armed groups and violent extremists in Africa. The proliferation of drone technology across Africa has significantly expanded…
- 31 May 2026
Nigerian Banks Under Pressure as Bad Loans Hit 8.03% After CBN Policy Shift
Non-performing loans (NPLs) in Nigeria’s banking sector rose to 8.03 per cent in January 2026, exceeding the Central Bank of Nigeria’s (CBN) prudential threshold of five per cent, following the…
- 12 Jun 2022
We’re Making Progress in Enthroning 5G for Digital Economy - NCC
Nigeria has made some significant success in the drive towards enthroning national digital economy for the country. This was disclosed by Prof. Umar Garba Danbatta, Executive Vice Chairman and Chief…
- 14 Apr 2025
CBN Pumps in Additional $150m into Forex Market to Safeguard Naira
Central Bank of Nigeria (CBN) has reportedly injected $150 million into the foreign exchange market at the beginning of the week to keep the naira safe under pressure. With sustained forex market…
- 16 Dec 2024
Shell Approves FID On $5Bn Bonga North Deepwater Project
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has officially announced a Final Investment Decision (FID) on the Bonga North deepwater project, marking…
- 9 Jan 2026
Nigeria, Egypt to Lead Africa’s Data Center Boom
Africa’s data center landscape is rapidly evolving from small, isolated initiatives into a large-scale, fast-paced expansion. According to Africa Telecom Review, between 2025 and 2030, capacity…
- 7 May 2008
Local software Vs foreign software
It is for this reason that the Association of Telecommunications Companies of Nigeria (ATCON) recently held a Stakeholders’ Summit on "Nigerian Content Development in the ICT…
- 21 Aug 2017
Frost & Sullivan Recognizes iSON's Strategy of Diversification in W/African BPO Market
Frost & Sullivan has recognized iSON's strategic acquisitions, partnerships and portfolio expansion that have enabled it to outpace the competition in market. iSON BPO, a leading Business Process…
- 21 Aug 2017
NCDMB Lauds Nigerdock, 49 Vocational Trainees Graduate From Training Academy
The Nigerian Content Development and Monitoring Board (NCDMB) has applauded leading indigenous energy services company, Nigerdock, for its persistent efforts toward promoting local content and…
- 1 Apr 2013
Kaztec Engineering Begins Fabrication @ Lagos Yard
Kaztec Engineering Ltd., a 100 percent indigenous leader in the fabrication of drilling and production platforms and other specialized structures for the oil and gas industry, has outlined plans for…
- 24 Jul 2012
Government, Lack of Trust Killing Local Software
Nigerians do not trust local software, leaving the industry with potentials to generate some $100 billion annually to operate in fits and starts, Nigeria CommunicationsWeek can now report. Also, the…
- 21 Mar 2023
PPC Shares Insights on Smart Tools Transforming Workplace Models
The shift from full-time in-office to remote or hybrid work models necessitates the use of intelligent tools to keep employees engaged and ensure seamless and successful workflow, says PPC, Nigeria’s…
- 1 Aug 2021
Shell Names Aiboni as First Female MD for Deep-Water Nigeria
Shell, world energy giant, has named Elohor Aiboni as the managing director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), its Nigeria deep-water business, with effect from 1st…
- 20 Jul 2013
10 African Millionaires Under 40
Nothing beats being young and rich. While most people attain multi-million dollar and billion dollar fortunes in their 40s and 50s, a few savvy entrepreneurs hit the big time while in their 20s and…
- 24 Mar 2019
Comercio Cloud Computing Wins Huawei Cloud Partner of the Year 2018 Award
Comercio Cloud Computing Limited, Nigeria’s premier indigenous cloud computing company, has been announced the winner of Huawei EBG: Cloud Solutions Partner of the Year Award on 20th March at Huawei…
- 28 May 2021
Mba-Uzoukwu, ISPON President Decries 30% Utilisation Rate of 11 Datacenters in Nigeria
Mr. Chinenye Mba-Uzoukwu, president, Institute of Software Practitioners Association of Nigeria (ISPON) has decried the under utilisation of the 11 data centres in Nigeria, putting the current…
- 8 Mar 2010
New Generation Consortium Needs $4.5Bn to Rejig Nitel
New Generation Telecommunications Consortium, the preferred bidder for the purchase of a controlling stake in Nitel/Mtel may have won the first phase of the battle for what is left of the beleaguered…