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Africa can lead AI-driven deep tech – El-Habti

13.05.2025
The President of Mohammed VI Polytechnic University, Hicham El-Habti, has declared that Africa stands on the brink of leading the global deep tech revolution. Delivering his opening remarks at the ongoing second edition of the DeepTech summit, held recently at UM6P’s campus in Benguerir, Morocco, El-Habti highlighted Africa’s growing prominence in deep tech, with artificial...
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NIPOST partners KLM on global mail delivery

13.05.2025
The Nigerian Postal Service has signed an international mail partnership with KLM Royal Dutch Airlines for improved delivery access to over 200 countries without middlemen. Postmaster-General and Chief Executive Officer of NIPOST, Tolani Odeyemi, described the deal as a “major milestone” for the country’s logistics and postal sector. In a statement on X on Monday,...
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Banks, hospitals adopt 5G as many consumers decry cost

13.05.2025
Nigeria’s 5G network adoption is gaining traction, but primarily among banks, hospitals, and high-tech sectors, while the average consumer struggles to join the high-speed revolution due to affordability challenges. The Nigerian Communications Commission last week reported that 5G adoption had reached 2.7 per cent, up from 1.24 per cent a year earlier. While this marks...
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Airtel Money plans IPO to compete in fintech market

13.05.2025
Airtel Africa is positioning its mobile money platform, Airtel Money, to challenge Africa’s fintech giants through a planned initial public offering set for the first half of 2026, Chief Executive Officer Sunil Taldar said in the company’s latest financial results. The IPO will bolster Airtel Money’s ability to compete with dominant players like Safaricom’s M-Pesa...
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NIMASA unveils 12 banks to disburse Cabotage Fund

13.05.2025
The Nigerian Maritime Administration and Safety Agency has announced the selection of 12 Primary Lending Institutions for the disbursement of the Cabotage Vessels Financing Fund, NAN reports. The Director-General of NIMASA, Dayo Mobereola, disclosed this on Monday during a virtual meeting, stating that the disbursement would be at a single-digit interest rate. According to NAN,...
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Solar firm opens Lagos hub

13.05.2025
Itel Solar Energy has launched its first Nigerian sales and service hub at Alaba International Market, a pivotal move to bring affordable solar solutions to a country grappling with persistent power challenges, it announced on Monday. The company’s move aligns with growing demand for reliable, cost-effective energy alternatives, particularly in commercial hubs like Alaba. The...
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Govt warns public against fake contracts, grants

13.05.2025
The Federal Government has warned Nigerians against engaging with individuals and groups peddling fictitious contracts, loans, and financial grants purportedly issued or endorsed by the apex bank. It gave the warning in a statement issued on Monday by the Central Bank of Nigeria’s acting Director of Corporate Communications, Mrs Hakama Sidi-Ali, where the apex bank...
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Agents oppose $100 tariff on Nigerian-bound cargoes

13.05.2025
Licensed customs agents have expressed worry as French Shipping firm, CMA/CGM, has slammed a $100 surcharge on twenty-foot equivalent units of Nigeria-bound container cargoes. According to a notice posted on the company’s site dated May 5, 2025, sighted by The PUNCH on Monday, CMA/CGM said that effective May 1, 2025, the surcharge, which it said...
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African deep tech innovation takes stage at summit

13.05.2025
The University Mohammed VI Polytechnic (UM6P) has successfully hosted the second edition of the DeepTech Summit, strengthening its role as a continental innovation powerhouse. The event, themed “Redefining Progress: How Artificial Intelligence is Transforming DeepTech Innovation,” brought together over 5,500 participants from 53 countries, exploring the intersection of artificial intelligence and frontier science rooted in...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
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