The President of the Senate, Ahmad Lawan, on Monday, revealed the salaries and emoluments of members of the National Assembly to the public in Abuja. Lawan also said the President, Major General Muhammadu Buhari (retd.), had surpassed his predecessors on assent to bills. He stated this in a paper presented …
Read More »Report: UAE backtracks, cedes seven flight slots to Air Peace
Airline to now land in Dubai airport In what appears as a move to avert a diplomatic row, the United Arab Emirates (UAE) on Monday conceded seven slots to Air Peace. According to a report by The Nation, the UAE has also granted the Nigerian carrier the permit to fly …
Read More »IGP Foresees Security Challenges In 2022
The Inspector-general of police, (IGP) Alkali Baba is preparing his officers for the security situation that may develop in the country by 2022. Baba, who spoke during the end of the year meeting with the commissioners of police on Monday, urged officers to be at alert always and watch …
Read More »5G: Airtel Loses As MTN, Mafab Acquire Nigeria’s 3.5GHz Spectrum For $547m
Airtel has lost out in the bidding for the 3.5GHz Spectrum for Fifth Generation Network Deployment in Nigeria. After eight hours of bidding, Mafab Communications Ltd and MTN Nigeria Plc emerged the two successful winners of the 3.5 gigahertz Spectrum. The bidding which lasted for 11 rounds was conducted …
Read More »Huawei opens its largest Global Cyber Security Center
Huawei has opened its largest Global Cyber Security and Privacy Protection Transparency Center in Dongguan, China with representatives from GSMA, SUSE, the British Standards Institution, and regulators from the UAE and Indonesia speaking at the opening ceremony. Along with the opening of the new center, Huawei also released its Product …
Read More »Huawei report predicts “more food, renewable energy, no traffic” globally by 2030
Mankind will live a better life in 2030, with more food, larger living spaces, renewable energy, digital services, and no traffic. We will be able to relinquish repetitive and dangerous work to machines, and have secure access to digital services. These and more are some of the highlights of …
Read More »Huawei offers lowest 5G royalty cap of $2.5 to implementers
Huawei has said its newly announced 5G royalty rate will help increase adoption of the technology because it offers a transparent cost structure that can guide their investments. The company announced that it will “provide a reasonable percentage royalty rate of the handset selling price, and a per unit royalty …
Read More »Huawei declares 10.2% net profit margin in Q1 to Q3 2021
Huawei has released its business results for the first three quarters of 2021. According tho the tech giant, it generated CNY455.8 billion (approx. $71bn) in revenue, and its net profit margin was 10.2% during the period. “Overall performance was in line with forecast,” said Guo Ping, Huawei’s Rotating Chairman. “While …
Read More »Jumia Joins FIA Road Safety Programme, To Distribute 7000 Helmets To Delivery Associates
Jumia Expands Safety Commitment with New Programme to Provide UN ECE 22.05 Certified Helmets to Delivery Associates in its 8 markets in Africa. In support of United Nations Safety Standards, Jumia, Africa’s leading e-commerce platform, today announced plans to provide more than 7,000 motorcycle helmets to its Delivery Associates (riders) …
Read More »CBN earmarks N41bn through Heritage Bank for Dry Season wheat projects’ farming
In a bid to meet high demand amid poor production capacity of wheat, the Central Bank of Nigeria earmarked a whopping sum of N41billion, which is being disbursed by Heritage Bank Plc to farmers across multiple States for the expansion of wheat production project. The disbursed fund is to consummate …
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