ICT

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Nigeria receives $3.5m seed fund for AI development – minister

 Abuja, April 21, 2024 -The Federal Government has received $3.5 million seed fund for Artificial Intelligence (AI) strategy from interested partners.  Bosun Tiajani, The Minister of Communications, Innovations and Digital Economy, disclosed this in Abuja at the closing ceremony of a four-day international workshop on National Artificial Intelligence and Strategy for Nigeria. He said the seed fund was in support of Nigeria’s efforts in AI systems and its deployment in Nigeria.  The minister said the donation came from foreign and local partners such as the United Nations Development Programme (UNDP), UNESCO, …

CWA commends NCC for reforming telecoms sector

The Citizens Watch Africa (CWA) has commended Dr Aminu Maida for improving the telecommunications sector since his appointment as the EVC/ CEO of the Nigerian Communications Commission (NCC). Dave Ogbole, the Convener of CWA, made the commendation a press conference. He said Maida had introduced remarkable reforms that had boosted the confidence of stakeholders in the sector which had led to more investments in the sector. Ogbole said the group agreed on the commendation after an extensive review of activities of the NCC in the last six months. He said …

Nigeria to participate actively in development, regulation of Artificial Intelligence – minister

Abuja, April 16, 2024 – The Federal Government will take active part in the development and regulations of Artificial Intelligence at the global stage. Bosun Tijani, the Minister of Communications, Innovations and Digital Economy, said this in Abuja at the opening of a four-day workshop on National Artificial Intelligence Strategy.   The workshop was organised by his ministry in conjunction with the Nigeria Communications Commission (NCC), the National Information Technology Development Agency, NITDA, the National Centre for Artificial Intelligence, the Galaxy Backbone, Google and other development partners Tijani said Nigeria’s …

Nigeria’s Active mobile subscription rises to 219m – NCC

Abuja, April 9, 2024 – Active mobile subscriptions in Nigeria rose to 219.7 million at the end of February 2024, according to the Nigerian Communication Commission (NCC). The figure was 224.4 million in December 2023, but plunged to 218 million in January 2024 due to NCC directive on NIN-SIM linkage when about six million lines were lost by operators. According to the NCC, the two dominant operators, MTN and Airtel, still maintained their lead. MTN still led the pack with 80, 895,695 active lines in February from 79,784,880 in January, …

Nigeria seeks joint West Africa regional protection of undersea cables

Abuja, March 25, 2024 – Nigeria has called for a coordinated and multilateral approach by countries in the West African region to protect shared telecommunications infrastructure, and diversify connectivity to ensure uninterruptible connections. His call followed recent undersea cable cuts that challenged connectivity in many countries in the West African region. Dr. Aminu Maida, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), made the submission in a statement delivered at the 21st West Africa Telecommunications Regulatory Assembly (WATRA) Annual General Meeting (AGM) which held in Freetown, Sierra Leone, from …

Senate approves N549bn budget for NCC in 2024

Abuja, March 22, 2024 -The Senate has approved N549.6 billion budget for the Nigerian Communications Commission (NCC) in 2024. The approval followed the defence of the budgetary provisions by the Executive Vice Chairman and Chief Executive Officer, Dr. Aminu Maida. The budget was approved by voice votes of members of Senate Committee on Communication after a motion by Senator Tahir Monguno (Borno North) was ratified by the Committee Chairman, Senator Ikra Aliyu (Zamfara Central). While making his presentation, Maida had informed the lawmakers of the Commission’s decision not to impose …

Nigerian economy is resilient, attractive to investors – IMPI

Abuja, March 19, 2024 – The Independent Media and Policy Initiative (IMPI) says the Nigerian economy is very resilient and attractive to investors as investments in its key sectors are highly profitable. It also says there are verifiable data to show that Nigeria has a robust investment climate under the President Bola Tinubu administration contrary to the narrative of an economy shorn of investor confidence. In a policy statement signed by its Chairman Niyi Akinsiju, the policy think tank noted that it came to that conclusion after a comparative analysis …

FG collaborates with U.S firm to create 50,000 jobs

Abuja, March 18, 2024 – A collaboration between the Federal Government and the U.S. Cybersecurity Institute, Lab Four, is expected to create 50,000 Business Process Outsourcing (BPO) jobs. These jobs will include tele sales, customer service, virtual administrative assistant, marketing/social media assistant and tech/cybersecurity. Doris Anite, the Minister of Industry Trade and Investment, announced this in Abuja on Monday at the Memorandum of Understanding (MoU) signing ceremony. She said the initiative, under the National Talent Export Programme (NATEP), which signed the MoU with Lab Four, could bring an annual influx …

Voice, data services of telecom operators restored – NCC

Abuja, March 18, 2024 -The Nigerian Communications Commission (NCC) says the voice and data services of telecom operators affected by the cable cuts have been restored. Dr Reuben Muoka, the NCC Director of Public Affairs, announced this in a statement in Abuja on Monday. He said that services were restored following their disruption on March 14 which affected data and voice services due to cuts in undersea fibre optics on the coasts of Cote d’Ivoire and Senegal. “We are pleased to announce that services have now been restored to approximately …

Heirs Holdings tells story of transformational investment in Africa, launches television commercial

Lagos, March 18, 2024 – Heirs Holdings has launched its first-ever television commercial.  The newly released television commercial (TVC) showcases the company’s diverse portfolio, spanning the power, energy, financial services, hospitality, real estate, healthcare and technology sectors while highlighting its commitment to driving positive change and sustainable development across Africa and beyond. With its compelling narrative, the commercial is captivating audiences worldwide, shining a spotlight on Heirs Holdings’ vision, and commitment to improving lives and transforming the continent. Link to the HH’s TVC: In 2010, Tony O. Elumelu, CFR, founded …