IT & Telecom Archives - Business Journal

With a large number of 3.7 billion global unconnected population out of which 1.2 billion reside in Africa, the Executive Vice-Chairman/CEO of the Nigerian Communications Commission (NCC), Prof Umar Garba Danbatta, yesterday told the global community that African continent holds the ace and that 5G is the next frontier of investment. Prof Danbatta spoke yesterday

Tanta Secure Limited, an indigenous device protection and information technology (IT) firm in Lagos recently unveiled their flagship products termed Corporate and Individual Plans known as the first extended device and smartphone protection solution in the country. As Nigerians get busier by the day and also embracing sophisticated technology, the need to maintain these technologies and

Following the successful award of a Super-Agent License, Y’ello Digital Financial Services, “YDFS,” a subsidiary of MTN Nigeria has opened its doors, announcing the launch of its super-agent network service named ‘MoMo Agent’at an event in Abuja on August 29, 2019. The extensive network of MoMo Agents will immediately begin providing safe and accessible money

Paxful planning to expand presence in South Africa. Plans Africa-wide recruitment drive with a focus on women; The global bitcoin marketplace also becomes the first bitcoin peer-to-peer marketplace to launch an app. While looking into expanding its presence in South Africa, Paxful is hoping to nurture as much female talent as possible. Almost 40% of

Verve, a leading payments technology and card business in Africa and Discover Global Network, the payments brand of Discover, today held an event to launch the Verve Global Card. Cardholders will now have the ability to use their Verve Global Cards on the Discover Global Network which provides acceptance in more than 190 countries and

9mobile Nigeria has secured $230 million from the Africa Finance Corporation (AFC) to expand its network and compete effectively in the Nigerian market and others. Confirming the transaction, the AFC said in a statement: “Africa Finance Corporation is pleased to inform Emerging Markets Telecommunication Services that it has received full Board approval to support the

Facebook has celebrated 40 young leaders, developers, entrepreneurs and change makers from across Sub-Saharan Africa, to a two day event in Accra, Ghana, titled “Celebrating Icons of Change”. The event aims to celebrate Africa’s next generation of leaders and innovators, whilst providing opportunities to network, connect and create positive dialogue. Kezia Anim-Addo, Facebook Comms Manager,

Mobile device security threats are on the rise and it’s not hard to see why. In 2019 the number of worldwide mobile phone users is forecast to reach 4.68 billion of which 2.7 billion are smartphone users. So, if you are looking for a target, it certainly makes sense to go where the numbers are. Think

MTN Group has announced an encouraging set of results for the six months ended 30 June 2019 in the context of difficult trading conditions across its major markets. Commenting on the results, Rob Shuter, MTN Group President and CEO, said: “We had a good first half, reporting solid financial results, good commercial momentum and encouraging strategic

Our attention has been drawn to media reports regarding the status of taxes relating to the 2015 fine imposed on MTN Nigeria Communications Plc (MTN). We acknowledge that there is a technical disagreement between MTN and the Federal Inland Revenue Service (FIRS) as to how the fine should be treated for tax purposes. However, while

Spending on Internet of Things (IoT) technologies in the Middle East and Africa (MEA) is set to top $8.47 billion this year, according to the latest forecast from the International Data Corporation (IDC). A recent update to the firm’s Worldwide Semiannual Internet of Things Spending Guide shows that IoT spending in the MEA region will grow 15.9%

Seeing a significant growth in digital currency transactions on the African continent in recent years, driven largely by users under the age of 35, leading global peer-to-peer bitcoin marketplace, Paxful, is on a mission to increase access to the bitcoin economy for the people of Africa through education. Benjamin Onuoha, Africa’s Regional Consultant for Paxful