Nigeria, China forge defence technology transfer deal to boost local production

Nigeria is seeking to deepen cooperation with China on defence technology transfer, following a bilateral meeting between Mohammed Badaru Abubakar, Minister of Defence, and Air Chief Marshal Xu Xueqiang, Minister of the Department of Equipment and Development of China, in Beijing. The talks, held on the sidelines of the 12th Beijing Xiangshan Forum, focused on […]

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Nigeria Customs launches digital excise regime with Automated Register System 

Nigeria’s excise regime has entered a new digital phase as the Nigeria Customs Service (NCS) migrates all excise-related transactions at three pilot factories onto its newly launched Automated Excise Register System (ERS). Excise reporting in Nigeria requires manufacturers or importers of regulated goods such as alcohol, tobacco, and sugary drinks to declare production volumes to […]

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Governor: Lagos attracts ₦9.3tr tech startup funding, powers Africa’s innovation hub

Lagos State has attracted more than ₦9.3 trillion ($6 billion) in technology startup funding between 2019 and 2024, positioning the city as Africa’s leading hub for innovation, Governor Babajide Sanwo-Olu says. Sanwo-Olu made the announcement on Wednesday at the opening of GITEX Nigeria 2025 in Lagos, where he highlighted the state’s role as the epicentre […]

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Nigeria opens door to renewable energy investors, pledges support for clean power projects 

  “The Federal Government is opening its doors to genuine local and foreign companies with the capacity and technology to drive renewable energy projects across the country. This partnership will go a long way to promote efficient power for people, industries and domestic uses,” the SGF says. “The Federal Government is opening its doors to […]

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Glo FTTB: Glo 1 owners expand last-mile fibre links in bullish connectivity drive

Globacom, Nigeria’s Second National Operator and owner of the Glo 1 submarine cable, has unveiled a bold broadband expansion drive with plans to deepen last-mile fibre connectivity nationwide through its Fibre-to-the-Business (Glo FTTB) service. The multiservice SNO that also owns Glo, the nation’s number three mobile phone company positions its Glo FTTB service as a […]

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Consumer watchdog sets ₦100m fine to check abuse in digital lending sector

Nigeria’s consumer protection regulator has unveiled new rules targeting harassment and exploitative practices in the digital lending sector, with violators risking penalties of up to ₦100 million ($65,000) or 1% of their annual turnover. FCCPC: New rules to protect Nigerians from unethical digital lending The Federal Competition and Consumer Protection Commission (FCCPC) says its new […]

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India’s Indus Towers begins global expansion in Nigeria 

Indus Towers Limited, India’s largest telecoms tower company, has announced plans to expand internationally, beginning with Nigeria as its entry point into Africa. Indus Towers says its move into Africa is anchored on its long-standing partnership with Bharti Airtel, one of the continent’s largest mobile operators that also owns Airtel Nigeria, the nation’s second largest […]

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DTML, Technology Times parent, announces the launch of eGovernance Nigeria: The Voice of Digital Transformation 

By Shina Badaru, Founder & Chairman, Digital Transformation Media Limited (DTML).   It is with great joy, a sense of history, and profound responsibility that I announce today, Monday, September 1, 2025, the official launch of eGovernance Nigeria Magazine, a bold new addition to the Technology Times family of media properties. The unveiling of our […]

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IHS Towers, MTN extend Nigerian tower deals until 2032

IHS Holding Limited known popularly as IHS Towers, and MTN Group have agreed to extend their tower lease contracts in Nigeria until December 2032, marking a decisive milestone in one of Africa’s biggest communications infrastructure partnerships. The companies, which confirmed the development recently, say the renewal provides a firm terminal date that secures MTN’s tenancy […]

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