Infrastructure News & Reports Telecom

ATC to Manage MTN’s N390Bn Towers Business in Nigeria

MTN Nigeria Communications PLC has selected American Tower Corp. (ATC) to take over its Nigerian tower operations from IHS Holding Ltd beginning from the year 2025. The company said it was pro-actively re-negotiating its tower contracts in Nigeria as the lease of approximately 2,500 of its network sites in its largest market, for which IHS …read more →

Banking and Finance Economy Infrastructure Infrastructure Financing News & Reports Technology Telecom

Digital Sector: FG Gets $500m for Local Funding – Minister

Communications and Digital Economy Minister, Dr. Bosun Tijani, has disclosed that the Federal Government has secured a $500 billion loan for a local funding programme. This initiative, he said, is aimed at boosting innovation and entrepreneurship within the country’s digital sector. The minister, who stated this at a dinner Friday organised in his honour in …read more →

Economy News & Reports

We’ll Include More People in N-Power Scheme, Pay Promptly – Betta Edu

Dr. Betta Edu, Minister of Humanitarian Affairs and Poverty Alleviation, says plans are underway to rejig the N-Power scheme to accommodate more people and ensure prompt payment of beneficiaries’ stipends. Edu disclosed this in a statement on Sunday by her Special Adviser, Media and Publicity, Mr Rasheed Zubair, in Abuja. The statement reported the Minister …read more →

AFRICAReports Infrastructure News & Reports Photo News Technology Telecom WORLDReport

Tinubu Meets Oracle Chief, Hints at Partnership with Big Techs for Efficiency

President Bola Tinubu, on Monday, expressed his support for new partnerships with global technology companies to ensure that data from public institutions are accurate and transparent in providing templates on which proper public sector planning and accounting can occur across sectors. Speaking at a meeting in the State House with the Global Vice President of …read more →

Infrastructure News & Reports Railway Transportation

Lagos Blue Line Rail Begins Operations as Sanwo-Olu Takes First Commercial Ride

Governor of Lagos State, Babajide Sanwo-Olu, has launched the Lagos metro train service called the Blue Line Rail by taking the inaugural commercial ride on Monday. The Governor boarded the train around 9.07 a.m. from the first coach and walked to the seventh coach. He also took it upon himself to be the ride manager, …read more →