Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

News

Flexenclosure Gets $24m for Development of Green ICT Solutions

Published

on

Kindly share this post

Flexenclosure,a specialist developer of intelligent power management systems and pre-fabricated data centres for the ICT industry, has secured a $24million investment from the International Finance Corporation (IFC), Industrifonden and Andra AP-fonden (AP2).

 The new capital will be used to further develop Flexenclosure’s eSite and eCentre technologies, ”green” ICT solutions aimed mainly at the developing markets in Asia and Africa.

 eSite is a portfolio of energy-efficient hybrid power systems for base station sites in areas where grid power is unreliable or unavailable.

eSite can deliver a 90 percent reduction in diesel fuel consumption, CO2 emissions and energy related operating expenses compared to traditional diesel based systems.

 eCentre is a prefabricated, fully equipped modular data centre solution, to house and power data and telecom equipment.

Optimised for energy efficiency and low total cost of ownership, eCentre is specifically designed to be fast to deploy and fully future proof.

“An estimated 800,000 cellular base stations in emerging markets rely on diesel generators for their power supply,” said Andrew Bartley, IFC’s chief investment officer for Telecoms, Media, and Technology.

“This is a great potential market for Flexenclosure’s innovative product offering. Its growth strategy is directly aligned with IFC’s goal to improve access to mobile-phone systems for people in rural areas in emerging markets while also reducing global greenhouse-gas emissions.”

“We have an aggressive research and development programme and are growing our sales operations in emerging markets. During the last year we have opened offices in Nigeria, Kenya, Pakistan, India, Malaysia and Dubai,” said Flexenclosure’s CEO David King.

“Having IFC as a strategic investor will give us access to their global expertise and network, further enhancing our expansion strategy.”

IFC is a member of the World Bank Group and the largest global development institution focused exclusively on the private sector.

Industrifonden and Andra AP-fonden are two large Swedish investment funds. IFC is a new investor in Flexenclosure, whereas Industrifonden and Andra AP-fonden are existing owners.


Kindly share this post

Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

News

LG Launches “Radio Optimism” Campaign to Spread “Life’s Good” Through Music

Published

on

Kindly share this post

LG Electronics has launched a new brand campaign, “Radio Optimism,” designed to help strengthen meaningful human connections and spread optimism through shared musical experiences.

This initiative aligns with LG’s brand promise, “Life’s Good,” and addresses the growing challenge of forming genuine relationships in a technology-driven world.

The Radio Optimism campaign seeks to counteract the disconnection often felt in an era dominated by superficial interactions, such as likes and comments on social media. By harnessing the power of music, LG aims to foster deeper bonds among individuals, promoting a more fulfilling life.

“As technology advances, meaningful human connections become increasingly vital to enrich our lives. LG continues its commitment to bringing optimism into customers’ daily lives, staying true to our enduring brand promise of ‘Life’s Good,’” said Kim Hyo-eun, head of LG’s Brand Management Division.

This campaign reinforces LG’s commitment to creating enriching experiences in digital spaces where today’s consumers spend significant time. Building on this mission, LG has continuously engaged with younger audiences through participatory campaigns that bring the Life’s Good philosophy to life.

Last year’s “Optimism your feed” campaign leveraged social algorithms to foster positivity on social media. This new initiative specifically seeks to address the paradoxical disconnection in an era of hyper-connectivity.

“One of the most reliable predictors of happiness is having deep and meaningful relationships,” said Jean M. Twenge, Professor of Psychology at San Diego State University. “Yet today, many people are spending more time online and less time connecting in person. Social media in particular tends to create shallow relationships rather than the deep connections people need.

“It’s common for people to have hundreds of followers but no one to talk to in real life if they need support. We need to build more meaningful connections with those around us. That might turn around the pronounced decline in happiness that’s occurred over the last decade.”

A new global study* from LG on social connection reveals that 68 percent of people find it harder to make real friends, and a third reported having one or fewer meaningful connections in the past month, with 8 percent experiencing none at all.

Inspired by traditional radio’s unique way of connecting people through music and storytelling, the Radio Optimism campaign transforms this concept into an interactive platform where participants can create and send personalized songs to their loved ones.

Users can easily create new songs using AI-powered tools, which are thoroughly trained on a curated music dataset. These tools interpret user prompts to produce unique musical pieces and generate matching album art, providing an engaging and personalized experience. Once generated, these songs can be sent to recipients to deepen their connection and made available for others to discover worldwide.

According to the survey, nearly 9 in 10 respondents believe that meaningful connections lead to a more optimistic outlook on life. By providing a platform for individuals to express their feelings, this campaign aims to foster deeper connections and help individuals enrich their lives while spreading optimism in their own ways.

The campaign website is available in English and Spanish, with plans to support additional languages in the coming months to enable broader participation. The official website can be found at RadioOptimism.lg.com.


Kindly share this post
Continue Reading

News

Nigeria’s Electricity Output Climbs 10.92% in Q1 2025, Boosted by Thermal Plants

Published

on

Kindly share this post

Nigeria’s electricity generation rose by 10.92% in the first quarter of 2025, driven by improved operational capacity and better availability of thermal and hydropower plants supplying the national grid.

This is according to the latest report from the Nigerian Electricity Regulatory Commission (NERC) for Q1 2025.

Total energy generated stood at 10,304.47 gigawatt-hours (GWh), up from 9,289.95 GWh recorded in the previous quarter. The increase highlights stronger performance across multiple power plants, supported by improved grid dispatch conditions.

NERC noted that average hourly generation on the grid also grew by 13.39%, rising to 4,770.59 megawatt-hours per hour (MWh/h) from 4,207.41 MWh/h in Q4 2024—an increase of 563.18 MWh/h.

“The hourly generation and the total generation increased by 13.39% and 10.92% respectively in Q1 2025 compared to Q4 2024. This rise is linked to an increase in the cumulative available generation capacity of grid-connected plants,” the report stated.

A total of 19 power plants boosted their output during the quarter, contributing significantly to the overall rise in generation.

Thermal power plants were the main drivers of growth. Out of the 23 thermal plants connected to the grid, 16 recorded higher average hourly output compared to the previous quarter.

Top contributors included Delta_1, which added 157.58 MWh/h, followed by Geregu_2 (71.95 MWh/h), Egbin_1 (68.20 MWh/h), and Afam_2 (68.03 MWh/h).

Hydropower plants also supported the growth, though at a smaller scale. The five grid-connected hydro stations posted a combined increase of 54.93 MWh/h, marking a 4% improvement. Zungeru_1 led with a 23.55% rise, while Shiroro_1 and Kainji_1 grew by 12.21% and 4.80% respectively.

This first-quarter improvement reflects ongoing efforts to stabilize power supply through better plant maintenance, enhanced grid management, and more consistent dispatch across regions.

However, challenges such as fuel supply to plants, equipment reliability, and high operating costs continue to limit the full potential of Nigeria’s power generation capacity.


Kindly share this post
Continue Reading

News

DBI, Miva Open University Partner to Advance Digital Innovation, Education

Published

on

Kindly share this post

Digital Bridge Institute (DBI) and Miva Open University, Abuja, have signed a Memorandum of Understanding (MoU) to jointly promote digital technology and academic excellence in computer science and innovation.

DBI, Miva Open University Partner to Advance Digital Innovation, Education

Mr. David Daser,  president/CEO, DBI, and Professor Tayo Arulogun, vice chancellor, Miva Open University.

DBI, a Federal Government-owned ICT training institute with headquarters in Abuja and campuses across Nigeria’s six geo-political zones, hosted the signing ceremony at its headquarters.

The MoU marks a significant step in formalizing and strengthening the existing relationship between the two institutions.

Signing on behalf of their institutions were

Speaking during the event, Mr. Daser praised Professor Arulogun’s leadership and commitment to academic development, which he said made the partnership possible. He emphasized that unlike many MoUs that remain inactive, this collaboration is set to deliver tangible results.

“We value this partnership and are confident it will meaningfully contribute to Nigeria’s education sector. DBI is fully prepared to implement the agreement and drive an impact across our campuses in Enugu, Abuja, Kano, Lagos, Asaba, and Yola,” Daser said.

He added that the collaboration would strengthen DBI’s National Innovation Diploma (NID) program and other initiatives through shared resources and new opportunities.

Professor Arulogun, in his remarks, highlighted the need for greater collaboration among Nigerian universities, criticizing the prevalent “do-it-alone syndrome.”

“Many institutions prefer to operate in silos, but collaboration is key. Pooling resources and working together will enhance capacity and academic output,” he stated. “With this partnership, we are ready to hit the ground running  from student exchange to joint innovation projects like hackathons.”

He noted that hackathons provide platforms for discovering hidden talents and fostering innovation, and Miva is eager to integrate such activities into its academic programs.

Mr. Emeka Nzeih, head of Learning and Development, DBI, outlined the partnership’s key focus areas: student internships, real-world project collaborations, joint research in fields like AI, robotics, and cybersecurity, and shared access to DBI’s ICT labs and equipment for Miva’s students and faculty.

According to Nzeih, the initiative aims to enhance practical learning, foster innovation, and build capacity through collaborative training, research, and mentorship.


Kindly share this post
Continue Reading

Trending