30 results
- 18 Aug 2016
US to Hand over Power of the Internet's Naming System
The US government's 20-year role in governing a crucial part of the internet is about to end. Starting October 1, the US will no longer have power over the domain naming system (DNS), the US…
- 15 Mar 2023
US threatens to ban TikTok if Chinese owners don't Sell Stake
The Biden administration has threatened to ban TikTok in the US if the social media company’s Chinese owners do not divest their stakes in it. The move is driven by fears that US user data held by…
- 27 Jul 2017
Wari's CEO Joins Dangote, Ovia on US-Africa Business Center Board
Wari, a digital solutions group, has joined the US‑Africa Business Center (USABC) initiated by the US Chamber Of Commerce. Kabirou Mbodje, Wari's CEO and founder, will also sit on the Center's Board…
- 25 Jan 2010
Global Mobile Revenues to Exceed US$1 Trillion in 2013
Total mobile service revenues will exceed US$1 trillion in 2013, despite a projected fall in voice revenues. Growth in service revenues will be driven by data revenues rising to over US$330 billion…
- 28 May 2013
US to Give Nigerian Navy ex-Vessels
The Nigerian Navy will receive two more ex-United States vessels next year, the US Navy Survey Ship John McDonnell and the US Coast Guard Cutter Gallatin. Vice Admiral Dele Ezeoba, chief of Naval…
- 27 Jan 2015
Revealed! How US Blocks Arms Deal with Nigeria
The US reportedly vetoed a 2014 arms sale of US-made Cobra helicopters by Israel to Nigeria over human rights abuses, according to the Times of Israel. Though the resale of decommissioned gunships…
- 15 Jul 2021
CDC Group Announces US$50m Trade Finance Facility with Ecobank as Part of its Covid-19 Response
CDC Group announces US$50m trade finance facility with Ecobank as part of its Covid-19 response. CDC Group, the UK’s Development Finance Institution and impact investor, has announced a US$50 million…
- 10 Aug 2013
US Commits $5m to Strengthen Nigeria’s Private Sector
Jeffrey Hawkins, US consul general, said that the US government has invested a total sum of $5 million to strengthen the Nigerian private sector and to also encourage the privatization of the energy…
- 15 Aug 2014
US-Africa Trade Agreement Still Benefitng Businesses- DHL
The trade relationship between the United States and Africa, as well as the African Growth and Opportunity Act (AGOA) - which provides exporters duty-free access to the lucrative US market, was…
- 16 Jan 2017
FXTM: Trump Bulls in the White House - Red Flags on US Debt
Donald Trump's administration is bullish right out of the gate. He's chosen a cabinet made up of oil business tycoons like former Exxon chairman Rex Tillerson, so the agenda is clear; boost US big…
- 2 Sept 2022
African Fintechs Tap into Potential US$150bn Market
African Fintechs are tapping into a market valued at US$150-billion, according to a new report by McKinsey which showed that this market will likely grow by 10% per year to US$230-billion by 2025.…
- 22 Jan 2024
Anambra State Govt in Talk with US High-Tech Companies on Strategic Partnership
Anambra State Government’s Executive Council delegation, led by His Excellency, Governor Chukwuma Charles Soludo, engaged in strategic discussions with the US Consul-General, William Stevens, and…
- 14 Sept 2020
Yomi-Ajayi, UBA USA CEO Appointed to US EXIM’s Sub-Saharan Africa Advisory Committee
Sola Yomi-Ajayi, the CEO of the United Bank for Africa (UBA)’s operations in the United States, has been appointed to the Export-Import Bank of the United States (US EXIM) Committee on Sub-Saharan…
- 28 Feb 2012
Boko Haram Links: US Embassy Beefs up ICT Gadgets
The fear of terrorists appears to be the beginning of wisdom for the US embassy in Nigeria, as Nigeria CommunicationsWeek learnt the consular has augmented the capacity of her ICT device to contain…
- 9 Aug 2014
Oduoza , UBA Boss @ US-Africa Business Leaders Summit , Calls for Capacity Growth
Mr. Phillips Oduoza, group managing director/CEO, UBA Plc has called on financial institutions in Africa to seize the opportunity provided by the President Obama led US-Africa Business Leaders…
- 11 Apr 2018
Africa to US Subsea Cable Coming Soon
The first direct subsea fibre-optic cable system that will connect SA to Brazil, and eventually to the US, is set for commercial launch in 2020, according to Seaborn Networks COO Andy Bax. The…
- 31 Jan 2022
Africa’s Tech Start-ups Attracted US$2bn Investment in 2021
Investment into the African tech start-up ecosystem trebled over the course of 2021 that saw total funding pass the US$2-billion mark for the first time. This is according to the seventh edition of…
- 8 Jan 2020
Iran strikes back at US Risk aversion reigns
By Lukman Otunuga, Senior Research Analyst at FXTM, A tidal wave of risk aversion engulfed financial markets on Wednesday, after Iran launched retaliatory missile strikes against US forces in Iraq.…
- 11 Oct 2019
Stocks, Currencies Gain as Investor Optimism Grows over US-China Trade Deal
By Han Tan, Market Analyst at FXTM, Most Asian stocks and currencies are gaining as investors grow increasingly hopeful that the US and China can reach a trade deal on Friday. There’s a clear risk-on…
- 2 Oct 2016
US Hands Internet Control to ICANN
Capping a highly politicized debate, the US government on Saturday let go of its remaining grip on the internet, handing control of the net's address book to a nonprofit. Saying free speech in the…
- 6 Dec 2020
US Removes Reciprocity Visa Fees for Nigerians
The United States of America has removed all visa reciprocity fees for Nigerians seeking visas to the US. The federal government announced at the weekend that the United States has removed all visa…
- 1 May 2026
US to Deny Applicants Saying they Fear Persecution @ Home Visas
United States has introduced further restrictions on potential asylum seekers by requiring US visa applicants to confirm they do not fear persecution in their home countries. Donald Trump…
- 3 Sept 2016
Soft NFP Dampens US Rate Hike Hopes
Dollar bulls were subdued during trading on Friday following August’s soft NFP headline figure of 151k which quelled expectations over the Federal Reserve raising US interest rates this year. Average…
- 7 Jun 2022
MFS Africa Acquires US-based GTP
In a rare acquisition of a US tech company by an African tech firm, MFS Africa, a digital payments network, has reached an agreement to buy Global Technology Partners (GTP) for an undisclosed amount.…
- 8 Aug 2014
US Wins Control of $480m of Abacha’s Loot
The US Justice Department said Thursday it had won legal control of nearly a half-billion dollars worth of corrupt gains hidden in bank accounts by former Nigerian dictator Sani Abacha. The…
- 9 Jan 2016
AfDB , Nigeria to Spend US $300m on Youth Scheme
The African Development Bank (AfDB) and the Federal Government of Nigeria are planning for long-term solutions to youth employment in the agricultural sector. They will spend about US $300 million on…
- 22 Apr 2018
9mobile Crashes US Roaming Rates with Super 50 Offer
In furtherance of its commitment to improved customer experience and innovative services, customer friendly telecommunication company, 9mobile, in a strategic partnership with US leading telecom…
- 20 Jul 2021
China Says US Microsoft Hack Allegations ‘Fabricated’
China has denied allegations that it carried out a major cyber-attack against tech giant Microsoft. The US and other Western countries on Monday accused China of hacking Microsoft Exchange - a…
- 25 Aug 2013
Verve Cards Goes Live in US, Europe
Verve International, an indigenous electronic payment card scheme has perfected arrangement that will enable its Verve card to be accepted at ATMs and point-of-sale (PoS) terminals in the US, Europe…
- 28 Aug 2019
FG Bows to Pressure, Reduces Visa Fees for US Citizens
Federal government has announced a reduction in the amount payable by citizens of the United States of America seeking Nigerian visas. This comes 24 hours after the US authorities increased…