Telecoms: Balancing growth with affordability by Elvis Eromosele - ITREALMS

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Today, Nigeria's telecommunication industry stands at a crossroads. It is facing pressure on a thousand different fronts. On the inside, it is battling with the challenges of sustainable operations and shareholders demands and on the outside, raising costs and regulatory constraints.
 

The Nigerian telecom industry has immense potential. The recently launched GSMA digital economy report made this point. It projects a rise of 15 million new internet users by 2028. It equally highlights the industry's significant contribution to the nation's GDP.

AIMAN to FG: Exempt NAMA from 50% deduction - ITREALMS

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The Aeronautical Information Management Association of Nigeria (AIMAN) has called on the Federal Government (FG) to exempt the Nigerian Airspace Management Agency (NAMA) from the compulsory 50 per cent deduction from source, reports ITREALMS.

AIMAN President, Sir Williams Ngerem, made this call at the 2024 World Aeronautical Information System (AIS) day celebration, held at the Lagos Travel Inn, Ikeja, on Wednesday with the theme, “Efficient Data Management in an Automated Environment.”

2nd year: FT ranks MoniePoint 'Africa's fastest growing financial institution - ITREALMS

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'World’s leading financial publication confirms Moniepoint’s rapid revenue growth'

Moniepoint Inc, the parent company of Nigeria’s leading financial institutions, Moniepoint MFB and TeamApt Ltd has been ranked by the Financial Times (FT), one of the world’s leading business news organizations, recognized internationally for its authority, integrity, and accuracy as Africa’s fastest-growing financial institution.

The world’s leading financial publication confirmed Moniepoint Inc’s accolade in its annual “Africa’s Fastest Growing Companies” survey, released today. It is the second consecutive year Moniepoint has achieved both the fastest-growing fintech milestone, and, ranked in Africa’s top four fastest-growing companies overall.

Tiwa's 'Water and Garri' movie premier: TECNO booth takes center stage - ITREALMS

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The recent premiere of the highly anticipated film Water and Garri was nothing short of a star-studded affair. Its compelling storyline and stellar performances captured audiences. Held at the Livesport Event Center, the event drew A-list celebrities, industry insiders, and eager fans, all eager to witness the cinematic spectacle unfold.

One of the most memorable aspects of the evening was the irresistible allure of the TECNO booth, where celebrities couldn't get enough of the state-of-the-art devices on display. From snapping selfies with the latest TECNO smartphones to exploring the myriad features and functionalities, it was clear that TECNO had struck a chord with its audience.

Exposed! Saboteur of MoMo PSB Project @Enugu Ezike - ITREALMS

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The recent activities of some individuals with one Davids Iyida attempting to sabotage the MoMo Payment Service Bank project intended to benefit, especially Enugu Ezike people, have raised significant concern and outrage within the community.

Such actions aimed at undermining a project with immense potential to uplift and empower the people of Enugu Ezike can only be described as malicious.

Osoba’s bill for Obafemi/Owode vocational skills university passes second reading - ITREALMS

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The Hon. Olumide Osoba's sponsored bill for an act for the establishment of Obafemi Owode Vocational Skills and Entrepreneurship University in Obafemi/Owode Local Government Area of Ogun State on Wednesday passed through second reading at the House of Representatives, reports ITREALMS.

The Deputy Speaker, Benjamin Kalu presided at the Plenary session and Osoba in his presentation explained that the establishment of the University in Owode was not just a mere legislative action but a crucial step towards realising the aspirations of the people.

IG4D: 2024 NDSF set for innovative digital economy, safer civic space - ITREALMS

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The date for the 2024 Nigeria DigitalSENSE Forum on Internet Governance for Development (IG4D) has been unwrapped for Thursday, June 27 by the organisers, ITREALMS Media group.

Disclosing this, the Lead Consulting Strategist, DigitalSENSE Africa and Group Executive Editor, ITREALMS Media, Mr. Remmy Nweke, said that this year’s edition marks the 15th edition of Nigeria DigitalSENSE Forum on IG4D series and comes with the theme “IG4D: Innovative Digital Economy & Safer Civic Space in Nigeria” at the prestigious Welcome Center Hotels, International Airport Road, Lagos.

Nweke recalled that in 2009, the Nigeria DigitalSENSE Forum (NDSF) series on Internet Governance for Development made a debut and ever since has been steadfast in rallying stakeholders to take discourse on Internet access, openness, affordability, connectivity and ICT infrastructure among others.

Nigerians suffering CVS hit 65% - ITREALMS

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The Computer Vision Syndrome (CVS) in Nigeria has reached a prevalence stage with 65 per cent, reports ITREALMS.

Computer Vision Syndrome (CVS), ITREALMS gathered, has become the leading occupational hazard of the 21st century, which causes the critical public health issues in this digital era.

Utilisation of gas'll grow economy, prosperity, says FG - ITREALMS

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The Federal Government (FG) has expressed determination to utilize Nigeria’s abundant gas resources will bring about revamping the nation’s industrial growth and kickstarting its economic prosperity, reports ITREALMS.

President Bola Ahmed Tinubu disclosed this while commissioning three critical gas infrastructure projects executed by NNPC Limited and its partners in Ohaji-Egbema, in Imo State and Kwale, in Delta States, on Wednesday. 

AUDA-NEPAd, JICA launch strides in healthcare innovation - ITREALMS

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The AUDA-NEPAD, supported by Japan International Cooperation Agency (JICA) has launched a report that provides lessons learned and the strides made over the last three years in accelerating healthcare innovation across the continent.

The AUDA-NEPAD Home-Grown Solutions Accelerator (HGS) aims to accelerate home-grown solutions to strengthen Africa's pandemic resilience, in line with the African Union's Agenda 2063 aspirations.

Shell's Bonga oil production improved in 2023 - ITREALMS

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The Shell Nigeria Exploration and Production Company Ltd (SNEPCo) improved oil production at the Bonga oil field last year than the previous one, reports ITREALMS.

Nigeria’s first deep-water development produced some 138,000 barrels of oil per day (boepd) in 2023 compared to around 101,000 in 2022.

eBusiness Girls in ICT: Stakeholders advocate investment in young girls - ITREALMS

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Stakeholders that gathered for the 12^th edition of the celebration of the International Girls in ICT Campaign organised by eBusiness Life Communication Limited in Lagos last Thursday, have called on parents and corporates to make concerted efforts at investing in the young girls to enable them prepare for tech careers of the future.

In his keynote address at the event, the Executive Vice Chairman/CEO of the Nigerian Communications Commission (NCC), Dr. Aminu Maida charged the girls to follow evolving trends in the world of technology and pursue excellence in order to make a difference in the workforce of the future.

Second Term Bid: Rivers political leaders throw support for LG boss - ITREALMS

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Prominent political leaders in Andoni local government area of Rivers State, have commended the Erastus Awortu-led administration for proffering solution to insecurity and decayed infrastructure in the area, reports ITREALMS.

These leaders comprised past and present political leaders of the Peoples Democratic Party (PDP), All Progressives Congress (APC) and Labour Party (LP) as well as Elder Statesmen, Community Leaders, Youth and Women Leaders of the area.

Nigerian journalist released from prison after IPI Nigeria intervention - ITREALMS

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A Nigerian journalist, Ibraheem Hamza Mohammed, was on Friday released from prison after the Nigerian National Committee of the International Press Institute (IPI Nigeria) intervened in his case.

The Nasarawa State Command of the Nigeria Police arrested Mr Mohammed on 1 May after he was accused of falsely publishing that N40 million was stolen from Governor Abdullahi Sule's bedroom. The article was published on 22 February 2024 on First News, a Lagos-based online newspaper.

Tech month: OEMs takeover Konga.com with huge discount - ITREALMS

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E-Commerce giant with reputation for integrity and trust, Konga Online, has partnered with global OEMs like Samsung, Apple, Starlink, HP, Lenovo, Hisense, Zinox, Philips, Nokia, Infinix on daily site takeover. This means that each OEM will take over the Konga.com website with amazing deals for Nigerians every day from Monday, May 13 through May 31.

According to Mr. Abed Steven, a senior executive from a major OEM taking part in the sales extravaganza, "It is a discount shutdown and the first of its kind in the history of eCommerce in Africa."

Gavi, Lesotho partner on resumed direct funding - ITREALMS

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The vaccine alliance, Gavi and the Government of Lesotho have signed a Letter of Intent on the resumption of direct funding to the Government of Lesotho, following the successful implementation of pre-disbursement financial systems requirements, reports ITREALMS.

The development follows a programme launched in 2022 by Gavi to support Lesotho in strengthening its financial management capabilities to enable the country to address all Grant Management Requirements (GMRs).

NNPC E&P Ltd, NOSL hit first oil in OML 13, Akwa Ibom State - ITREALMS

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NNPC Exploration and Production Limited (NNPC E&P Ltd), NNPC Ltd’s flagship upstream subsidiary, and Natural Oilfield Services Ltd (NOSL), a subsidiary of Sterling Oil Exploration & Energy Production Company Ltd (SEEPCO), announce the successful commencement of oil production at Oil Mining Lease (OML) 13 in Akwa Ibom State, Nigeria.

A press statement by the Chief Corporate Communications Officer, NNPC Ltd, Olufemi Soneye, available to ITREALMS, the production, which commenced on the 6th of May 2024 with 6,000 barrels of oil is expected to be ramped up to 40,000 barrels per day by May 27th, 2024.

Senor to Nigerian media leaders: Adopt Artificial Intelligence for transformation - ITREALMS

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The President of the Innovation Media Consulting Group, Mr. Juan Senor, has urged Nigerian media leaders to adopt Artificial Intelligence (AI) for its transformative powers and ensure responsible usage for sustainable future, reports ITREALMS.

He gave this charge at the 2nd Nigerian Media Leaders' Summit (NMLS) held at Academy Suites, Abeokuta with the over-arching theme 'In Pursuit of Products, Profits and More'.

ELP: FG, Nokia enter MoU to train 200 students - ITREALMS

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The Nokia Solutions and Networks Nigeria has advanced plans to set up an Entrepreneur Learning Programme (ELP) to deliver high-quality vocational trainings to some 200 Nigerian students, reports ITREALMS.

The selected students will come from across the six geo political zones of of the country.

How to order products @NASENI - ITREALMS

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The Executive Vice Chairman/Chief Executive Officer of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu, unveiled a set of new NASENI products, developed in collaboration with technical partners, at a media briefing at the Agency’s headquarters in Abuja.

The products displayed by the EVC/CEO on Thursday, included NASENI 300 Watts LED Solar Street Lamp; NASENI Laptop, NASENI Lithium battery, NASENI solar irrigation pumps, and a NASENI Smartphone.

NASENI urges Nigerians to embrace locally produced technologies - ITREALMS

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The National Agency for Science and Engineering Infrastructure (NASENI) has urged Nigerians to embrace locally produced technologies, reports ITREALMS. 

This, the agency said, would enhance Nigeria’s branded technology products toward stimulation of technology transfer, domestication, commercialization of indigenous socio-economic advancement.

'We're committed to building huge oil, gas infrastructure' says NNPC - ITREALMS

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The Nigerian National Petroleum Company Ltd (NNPC Ltd) says it will continue to invest in the development of huge oil and gas infrastructure to make it easy for operators and prospective investors to carry out their business in Nigeria.

The Executive Vice President, Upstream, Mrs. Oritsemeyiwa Eyesan, disclosed this at the ongoing Offshore Technology Conference (OTC), last Tuesday in Houston, Texas, United States of America.

Have you heard: 'We paid N2.707trn in taxes, royalties' says Shell Nigeria - ITREALMS

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The Shell Nigeria has exclusively paid a total of $1.09 billion, about N2,707,310,000,000.00 trillion, in corporate taxes and royalties to the Federal Government of Nigeria for year ended 2023, reports ITREALMS.

These payments were made through the operations of the Shell Petroleum Development Company of Nigeria Ltd (SPDC) and Shell Nigeria Exploration and Production Company of Nigeria Ltd (SNEPCo).

Rhapathon'24 with Pastor Chris gets date - ITREALMS

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The Loveworld Inc, popularly known as Christ Embassy has declared Wednesday 15th to Saturday 18th May 2024 as the date for the much anticipated 2024 edition of Rhapathon with Pastor Chris.

Director of the LoveWorld Church Growth International and LoveWorld Foundation School, Pastor Lanre Alabi disclosed this on Thursday, April 9, 2024 at world Press Conference held in Lagos.

Why NNPC/First E&P JV empowered NGOs with N53.4m - ITREALMS

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In fulfillment of its Corporate Social Responsibility (CSR) initiatives, the Nigerian National Petroleum Company Limited (NNPC Ltd) and First Exploration & Production Limited (First E&P) joint venture (JV) has donated the sum of N53million to non-governmental organizations (NGOs) in Nigeria.

Under the JV’s Impact First Initiative, the donation, targeted towards enhancing societal welfare, would address areas such as good healthcare and well-being, quality education as well as economic growth within the nation.

Aiboni: Cutting edge technology, why Bonga is successful - ITREALMS

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The Managing Director, Shell Nigeria Exploration and Company Limited (SNEPCo), Elohor Aiboni has declared that Bonga deep-water development has witnessed outstanding production due to effective leadership and cutting edge technology deployment, reports ITREALMS.

Also, she said that continuous improvement, integrated delivery and collaboration with partners and stakeholders, contributed immensely.

Tinubu names Engr. Woke, MD/CEO @OORBDA - ITREALMS

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The Ogun-Osun River Basin Development Authority (OORBDA) has gotten a new Managing Director/Chief Executive Officer, reports ITREALMS.

This follows the approval of the Engr. Chukwuemeka Woke as the Managing Director/Chief Executive Officer by the President, Bola Tinubu.

SIM boxing: The unboxing of crime syndicate by Suleiman Bala Bakori - ITREALMS

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"The 'Max-4 Rule' where a subscriber is not allowed to have more than four lines per network operator linked to his NIN... every telephone subscriber in Nigeria would not just be accurately identifiable but limited to having only four telephone lines per subscriber."

Boxes have a multitude of uses, and the word “box”, lends itself to diverse contexts.

For “Ajala Travelers,” the box is a necessity for keeping goods for their endless journeys. In literature, idiomatically, it can be said that “one has been boxed into a corner;” another might say to deal with a conundrum: “think outside the box;” then there is the “Pandora’s box” that no one wants opened.

Konga, Starlink partnership: Blessing for Nigeria by Dr. A. U. Babatunde - ITREALMS

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In recent years, partnerships between e-commerce platforms and tech companies have been instrumental in driving innovation and progress in various sectors. 

One such partnership that has garnered significant attention is the collaboration between Konga, Nigeria’s composite e-commerce group, and Starlink, the satellite internet service provided by SpaceX. 

NNPC committed to building huge oil, gas infrastructure - ITREALMS

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The Nigerian National Petroleum Company Ltd (NNPC Ltd) will continue to invest in the development of huge oil and gas infrastructure to make it easy for operators and prospective investors to carry out their business in Nigeria, reports ITREALMS.

The Executive Vice President, Upstream, Mrs. Oritsemeyiwa Eyesan, disclosed this at the ongoing Offshore Technology Conference (OTC), on Tuesday in Houston, Texas, United States of America.

Shell Nigeria paid $1.09bn in taxes, royalties in 2023 - ITREALMS

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Shell Nigeria has exclusively paid a total of $1.09 billion in corporate taxes and royalties to the Federal Government of Nigeria last year through the operations of The Shell Petroleum Development Company of Nigeria Ltd (SPDC) and Shell Nigeria Exploration and Production Company of Nigeria Ltd (SNEPCo.)

The figures, announced in the just published 2023 Shell Briefing Notes, show that SPDC paid $442 million, while SNEPCo remitted $649 million. Similar payments made by the two companies in 2022 amounted to $1.36 billion.

State of Ransomware: 97% of firms partner law enforcement, Sophos - ITREALMS

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Sophos, a global leader of innovative security solutions that defeat cyberattacks, today released additional findings from its annual “State of Ransomware 2024” survey. According to the report, among organizations surveyed, 97% of those hit by ransomware over the past year engaged with law enforcement and/or official government bodies for help with the attack.

In addition, more than half (59%) of those organizations that did engage with law enforcement found the process easy or somewhat easy. Only 10% of those surveyed said the process was  very difficult.

How cybersecurity research empowers law enforcement against cybercriminal Goliaths - ITREALMS

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Trend Micro works closely with law enforcement around the world to ensure cybercriminals are stopped in their tracks.

Emmanuel Tzingakis, Technical Lead, African and Venture Markets at Trend Micro, discusses the importance of threat intelligence and how this has an impact on ransomware gangs and hackers on a global level.

Petrol: Stop panic buying says NNPC - ITREALMS

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… 30-day PMS intact

Given an improved nationwide supply and distribution of Premium Motor Spirit (PMS), also known as petrol, the Nigerian National Petroleum Company (NNPC) Limited has once again called on motorists to shun panic buying of the product, reports ITREALMS.

Chief Corporate, Communications Officer
NNPC Ltd, Olufemi Soneye in a press statement available to 
ITREALMS noted that in filling stations monitored across several states, including Lagos and the Federal Capital Territory (FCT), the queues have since thinned out, a development that will keep improving daily in other states.

SHELT SI gets Cisco Select Partner Certification - ITREALMS

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SHELT System Integration (SHELT SI) has announced its achievement of Cisco Select Partner certification in Nigeria, marking a significant milestone in its commitment to delivering top-tier networking and security solutions to businesses across the region.

This certification underscores SHELT SI’s dedication to excellence in providing innovative networking and security solutions tailored to meet the evolving needs of the market.

Leadership: Africa tops 2024 applicants @NomCom - ITREALMS

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The applicants from the African region have topped the responses to call by the 2024 Nominating Committee for the leadership positions, reports ITREALMS.

The 2024 Nominating Committee Chair, Dr. Amir Qayyum disclosed this in a blog post on Friday, with Africa having some 26 per cent of applicants out of the 78 received in total before the end of the call on March 15, this year.

Starlink, Apple & Samsung: Konga unveils free same day nationwide deliveries - ITREALMS

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Konga, the only authorised shop-in-shop for Starlink Internet kits in Nigeria, is offering its customers free same day delivery across all major cities in the country.

With prices of Starlink Internet kits slashed by 50%, Konga is delivering additional value so that both homes and businesses in urban and remote places can enjoy infinite possibilities with their internet on both their standard and enterprise installations. This offer which is available both online and in its retail stores nationwide is exclusive to new and existing customers this month.

Akpabio felicitates with Kalu @53 - ITREALMS

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The President of the Senate, Senator Godswill Obot Akpabio, has felicitated the Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Kalu on his 53rd birthday.

Akpabio, in a birthday message signed by his Special Adviser on Media and Publicity, Hon. Eseme Eyiboh described Kalu as a "rising star, a reliable colleague and outstanding legislator".

G7 tasks IRENA on monitoring group’s renewable energy progress - ITREALMS

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The Group of Seven (G7) Ministers’ Meeting on Energy, Climate and Environment has called on International Renewable Energy Agency (IRENA) to track the group’s collective contribution to COP28’s global target to triple renewables by 2030, reports ITREALMS.

The G7 leaders urged IRENA to track and monitor the group’s collective contribution toward the global renewable tripling target by next six years.

Daniel Ojukwu : IPI Nigeria demands immediate release of FIJ Journalist - ITREALMS

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The Nigerian National Committee of the International Press Institute (IPI Nigeria) has again raised the alarm over the safety of journalists in the country.

This follows the report of the abduction of Daniel Ojukwu, a journalist with the Foundation for Investigative Journalism (FIJ).

Oyo State, Shell Nigeria Gas partner on distribution network - ITREALMS

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The Oyo State Government and Shell Nigeria Gas (SNG) have signed an agreement to develop a gas supply and distribution infrastructure that will deliver gas to industrial and commercial users in the state.

SNG will build and operate the gas distribution network, which will serve customers across Oyo State, for 20 years.

May Day: Akpabio assures Nigerian Workers of better welfare - ITREALMS

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The President of the Senate, Senator Godswill Obot Akpabio, has assured Nigerian workers that the National Assembly and the Executive arm of government would work collaboratively to give them a living wage and better working conditions.

The Senate President gave the assurance in a statement through his Special Adviser on Media and Publicity, Hon. Eseme Eyiboh to congratulate the workers as they commemorate the 2024 May Day.

How tech can tackle food security challenges in Nigeria - ITREALMS

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The Nigeria's agricultural sector has long been a significant contributor to national growth, with the potential to further reduce poverty. 

This sector, encompassing crop production, livestock, forestry, and fishing, has the potential to hold export opportunities and can strategically become the engine for economic prosperity, given Nigeria's large population.

WATISE 2.0: Experts explore emerging trends in telecoms infrastructure, proffer solutions - ITREALMS

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Telecommunications experts across West Africa have exposed trending innovations relying on telecoms infrastructure harping on the strategies that are crucial for the sustainability of telecommunications infrastructure to fast-track the regions digital economy.

Speaking at the second edition of the West Africa Telecoms Infrastructure Summit and Exhibtion (WATISE), with the theme: ‘Shaping the future of the telecoms infrastructure industry: Trends and Insights for a Digital Economy’ and organized by TechnologyMirror, an online telecoms news and information platform, held in Lagos, Southwest Nigeria, the experts x-ray critical issues that relates the survival of the telecoms industry using the Nigerian market as a reference point.

Inner Drive: Epic journey, told via individual narratives - ITREALMS

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How does a startup, founded far from the advantages and resources of the world’s tech hubs, go on to reach unicorn status? And more deeply, just how far can the drive for meaning and purpose ultimately take you? The inDrive documentary sets out to answer these questions.

In an exclusive premier today in Lagos, Nigeria, the inDrive documentary offered audiences a rare glimpse into the heart and soul of the company, with never-before-seen footage and candid stories from the individuals at inDrive’s roots, including founder and CEO Arsen Tomsky. 

US partners Manamuz Electric solar-powered cold storage systems – ITREALMS

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The United State government has commissioned a solar-powered cold storage facility at Aguobu-Iwolo in Enugu State, reports ITREALMS.

The Consul General in Nigeria, Mr. Will Stevens in his virtual remarks to the occasion, said that they were delighted to join Manamuz Electric to celebrate the launch of this solar-powered cold storage facility.