Airtel Africa Plc has announced an extension of its ongoing $55m share buy-back programme, after returning $34.7m to shareholders through the purchase of 14.2 million shares. The telecommunications and mobile money services provider disclosed that revised arrangements with Barclays Capital Securities Limited (Barclays) will facilitate the completion of […]
Category: Tech News
Tech News
FG Plans Online Harm Bill, AI Ethics Rules to Balance Innovation, Regulation
The Federal Government has announced plans to introduce an Online Harm Protection Bill and an AI Ethics Framework as part of a broader strategy to balance innovation with regulation in Nigeria’s digital ecosystem. Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, disclosed […]
Nigeria Immigration Launches Digital Platform for Expatriate Permits
The Nigeria Immigration Service (NIS) has unveiled a new digital platform for the application and processing of the Combined Expatriate Residence Permit and Aliens Card (CERPAC), marking a significant step toward the modernization of Nigeria’s immigration framework. According to a statement signed by the NIS Public Relations […]
TikTok Deletes 3.6 Million Nigerian Videos in Q1
Short video platform TikTok said it removed more than 3.6 million videos uploaded by Nigerian users in the first quarter of 2025 for violating its community guidelines, marking a 50 per cent surge from the 2.4 million videos taken down in the previous quarter. The figure was disclosed in […]
Airtel Sets ₦1,589/$ for Final Dividend Conversion
Airtel Africa Plc has announced the currency arrangements for its final dividend payment for the financial year. The Board has recommended a final dividend of 3.9 cents per ordinary share, payable on 25 July 2025, to shareholders whose names appear on the register as at the close of business […]
MTN Nigeria Gets AAA Rating From GCR, Outlook Upgraded To Stable
MTN Nigeria Communications Plc has received an affirmation of its national scale long-term and short-term issuer ratings of AAA and A1+, respectively, from Global Credit Rating Co. Limited (GCR) with the rating outlook revised upward from Negative to Stable. GCR also reaffirmed the AAA long-term issue ratings on all […]
Legend Meets 20% Free Float Requirement Post-NGX Listing
Legend Internet Plc has confirmed compliance with the Nigerian Exchange Limited’s (NGX) minimum free float requirement, following its listing on the Main Board of the Exchange on 24 April 2025. The company in a notice to the Nigerian Exchange Limited, disclosed that it has made a sufficient quantity […]
SEC: ISA 2025 Bans Unregistered Digital Asset Exchanges, Online Forex Platforms
The newly enacted Investments and Securities Act, 2025 (ISA 2025) has made it illegal to operate digital asset exchanges or online foreign exchange trading platforms without formal registration with the Securities and Exchange Commission (SEC). Signed into law by President Bola Ahmed Tinubu, ISA 2025 significantly strengthens the regulatory framework […]
MTN Foundation Opens Applications For 2025 Scholarships
MTN Foundation has opened applications for its 2025 scholarship programme, in a bid to trengthening the development of Science, Technology, Engineering, and Mathematics (STEM), encouraging excellence in academic pursuit, deepening diversity and inclusion by empowering blind students in Nigeria. According to the Foundation in a statement the […]
Ecobank, Coding Firm Partner to Boost Students Digital Training
Ecobank Nigeria, a subsidiary of Ecobank Group, has teamed up with Code 14 Labs to expand the accessibility and reach of coding education for children across Nigeria. The partnership leverages Code 14 Labs’ interactive coding workbooks, including the “Andrew Teaches” coding workbook, along with its network of […]