IHS Holdings, the Nigerian-based telecommunication infrastructure provider that is listed on the New York Stock Exchange (NYSE) is in an intense power tussle with two of its majority shareholders, MTN Group and Wendel SE. MTN Group, Africa’s largest telecom operator, and Wendel, a French investment company, which together own about 45 percent of IHS, are …
Mark Loughran has been appointed as the Group President of inDrive, a global mobility, and urban services platform, starting July 12, 2023. His role will involve shaping and driving inDrive’s business strategy, managing investments, and improving internal processes. He will also oversee the development of inDrive’s inVision hub, which promotes justice and equality in various …
Data obtained from the FMDQ show that the market opened on Tuesday with the dollar trading at N416.04/$, representing 0.04 percent gain compared with N416.19 opened on Monday. The Nigerian Sovereign Investment Authority (NSIA) has drawn its maiden NSIA Prize for Innovation Programme (NIP) to an end with three startups winning big after a successful …
Flutterwave, an African payments technology company has announced its Five-Year Strategic Technology Agreement with Microsoft to build its next-generation platform on Microsoft Azure, powering payments infrastructure across the African continent and beyond. This agreement, according to the company, reflects its commitment to give businesses and individuals access to global-grade services across all of Africa and …
In a bid to fast-track business-to-business transactions and eliminate the age-long tradition of manual business processes, an artificial intelligence (AI) invoice processing/ payment is been introduced. Samson Aligba, founder of Hyphen, has said that the introduction of Zero-Touch Invoice Processing was the biggest ease-of-doing-business innovation of this era as it offers several transformative benefits for …
The agreement also sees IHS Towers provide Power-as-a-Service (PaaS) to MTN at approximately 12,800 sites across South Africa. MTN, which holds about 85.2 million (26 percent) of IHS Towers, one of the largest providers of telecommunications infrastructure in Africa, Latin America, and the Middle East, has called for an extraordinary board meeting, to find solutions …
Umar Danbatta, Executive vice-chairman of the Nigerian Communications Commission Umar Danbatta, the executive vice chairman (EVC) of the Nigerian Communication Commission ( NCC) said the commission is having deep engagement with Starlink to reduce the cost of its service in the country. The EVC who made this statement at the ongoing Industry Consumer Advisory Forum …
This is a call for policymakers in different institutions, cybersecurity experts, chief information officers, and artificial intelligence (AI) researchers to establish a collaborative community that addresses the growing concerns of cybercrimes in organisations. Kingsley Osaghale, country manager of West Africa, Checkpoint said this at the Signal Alliance Consulting event on July 21, 2023. He was …
ASUS, a multinational computer hardware and consumer electronics manufacturer has launched the new Zenbook S 13 OLED (UX5304) it tagged the world’s slimmest . During the unveiling Wednesday in Lagos, Simplice Zaongo, ASUS Country Manager for English Speaking Africa, highlighted the laptop’s lightweight design, sustainability, and performance, enabling users to accomplish more with less. “The …
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