26 results
- 11 Dec 2025
Debt Rises in AI Data Centre Boom
As AI fever has propelled global stocks to record highs, the data centres needed to power the technology are increasingly being financed with debt, adding to concerns about the risks. A UBS report…
- 17 Nov 2009
Union Homes Now Runs on Finacle
Union Homes Plc, the biggest primary mortgage institution in Nigeria, has joined the worldwide family of Finacle Universal Banking Software users. Finacle UBS is the award winning core banking…
- 11 May 2009
Equitorial Trust Bank signs on Finacle
Equitorial Trust Bank Plc, has signed Finacle universal banking application from Infosys Technologies, India to replace their current legacy Globus banking application. ETB also joins other banks…
- 20 Jul 2021
World’s Richest Man Bezos Completes Successful First Space Jaunt
Jeff Bezos, the world’s richest man, soared about 66.5 miles (107 km) above the Texas desert aboard his company Blue Origin’s New Shepard launch vehicle on Tuesday and returned safely to Earth, a…
- 16 May 2018
Teleology Poised to Takeover 9mobile despite Controversies
The acquisition of 9mobile by Teleology Holding may go ahead, in spite of the controversies that have surrounded the entire process since inception. 9mobile’s acquisition by Teleology Holdings…
- 22 Dec 2015
Ericsson Signs Patent Deal with Apple
Mobile telecom gear maker Ericsson said it had signed a patent license deal with Apple Inc over technology that helps smartphones and tablets connect to mobile networks, sending its shares up much as…
- 5 Nov 2018
Panic Over Economy as 2 Banks Close Shops in Nigeria
A new fear over the state of Nigerian economy has been activated with news of two global financial institutions closing down their offices in the country, according to Business Post The two…
- 30 Mar 2014
Orji, NSIA Boss to Keynote BoICT Lecture
Uche Orji, managing director/chief executive officer, Nigeria Sovereign Investment Authority (NSIA) has agreed to deliver this year’s Beacon of ICT Distinguished Lecture Series, raising the stakes in…
- 9 Jun 2016
Danbatta, EVC Boss Expects More Growth in Telecoms Industry
Professor Umar Garba Danbatta, executive vice chairman, Nigerian Communications Commission (NCC), has lauded the performance of the nation’s telecommunications industry in the first quarter of 2016,…
- 29 Jun 2016
Liquid Telecom & RBH Agree to Acquire Neotel
On Tuesday, Liquid Telecom, a privately owned Pan-African telecoms group majority owned by Econet Global, announced that it has entered into an agreement to acquire South African communications…
- 3 Jan 2017
Dangote, Others Raked in $237Bn in 2016
In a year when populist voters reshaped power and politics across Europe and the U.S., the world’s wealthiest people are ending 2016 with $237 billion more than they had at the start. Triggered by…
- 1 Mar 2017
MS, Intel, others form Blockchain Alliance
JPMorgan Chase & Co, Microsoft, Intel and more than two-dozen other companies have teamed up to develop standards and technology to make it easier for enterprises to use blockchain code Ethereum…
- 10 Nov 2017
Asoko Insight Launches ‘Prospect Africa’
By peter oluka Asoko Insight announces the official launch of yet another product in its portfolio- ‘Prospect Africa’. The platform is regarded as the continent’s most advanced digital corporate…
- 12 Jan 2018
MoneyGram Shares Jump on Partnership with Bitcoin rival Ripple
Shares of MoneyGram International Inc jumped 10.5 percent on Thursday, after the money-transfer company said it partnered with blockchain firm and bitcoin-rival Ripple. As part of the arrangement,…
- 2 Nov 2018
Ayotunde Coker, Rack Centre Boss Joins Africa FinTech Summit as Keynote Speaker
Dr. Ayotunde Coker, will be joining an array of technological and business experts at this year’s Africa Fintech Summit holding in Lagos, Nigeria on November 8, 2018 where he will deliver a keynote…
- 11 Jan 2019
Adrian Wood’s Teleology Holdings Unserious- 9Mobile
9mobile has officially reacted to the alleged withdrawal of Teleology from the company, saying the company represented by Adrian Wood, former MTN chief Executive, was unserious and did not help much…
- 23 Jul 2019
MTN Group Appoints Thato Motlanthe as Investor Relations Executive
MTN Group has appointed Thato Motlanthe to the position of Executive for Investor Relations, with effect from 1 September 2019. Thato replaces Nik Kershaw who left MTN Group at the end of May 2019,…
- 14 Jul 2020
IBM Names Kyerematen-Jimoh as Regional Head for Africa
IBM, technology giant has appointed Angela Kyerematen-Jimoh as its head for North, East and West Africa. Angela Kyerematen-Jimoh This appointment means that she will be in charge of about 40…
- 1 Mar 2023
Meta is Testing AI Tool for WhatsApp and Messenger
Meta is the latest social media company to jump on the artificial intelligence train according to comments shared by its Chief Executive Officer, Mark Zuckerberg, in a Facebook post published…
- 21 Oct 2024
Sophos to Acquire Secureworks in $859M Deal to Accelerate Cybersecurity Services
Sophos has entered into a definitive agreement to acquire Secureworks, the renowned developer behind the Taegis™ platform. The all-cash transaction is valued at approximately $859 million. Sophos to…
- 4 Feb 2025
Sophos Acquires Secureworks in $859m Deal, Strengthens Cybersecurity Leadership
Sophos and Secureworks (NASDAQ: SCWX), two global cybersecurity pioneers, announced the completion of Sophos’ acquisition of Secureworks on Monday. The all-cash transaction values Secureworks at…
- 30 Mar 2010
Bharti Airtel Buys Zain for $10.7 billion
Zain has announced the signing of definitive agreements for the sale of 100% of Zain Africa BV, its African business excluding its operations in Morocco and Sudan (”Zain Africa”), to…
- 8 Jul 2014
Jagal Group Appoints Ayotunde Coker as MD of Rack Centre
The Jagal Group has appointed Ayotunde Coker as the new managing director of Rack Centre Limited starting in July. Coker is a highly accomplished, commercially astute technology executive with over…
- 15 Apr 2015
M&A Transactions in Sub Saharan African Hit $5.7Bn in Q12015
Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, has released the quarterly investment banking analysis for the Sub Saharan Africa region.…
- 10 Mar 2016
IHS to Acquire Helios Towers Nigeria
IHS Holding Limited, the largest mobile telecommunications infrastructure provider in Africa, Europe and the Middle East, and Helios Towers Nigeria Limited, the pioneer of tower infrastructure…
- 9 Jun 2016
AfDB Highlights Critical Role of Private Sector @ 3GF
The African Development Bank’s strategy to involve the private sector in providing sustainable energy solution was the focus of this year’s Global Green Growth Forum (3GF) in Copenhagen, Denmark. At…