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MTN Group Buys Out 50% Partner in Cypriot Subsidiary

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South Africa’s MTN Group of which MTN Nigeria is a part of has bought out its 50:50 partner in MTN Cyprus giving it sole ownership of the mobile network.

Financial terms are not being disclosed but the other 50 percent was owned by Amaracos Holdings, a company representing the interests of the Shacolas Group and the Panos Germanos Group.

Mr. Sifiso Dabengwa, MTN group president and CEO, said: “MTN Cyprus is an important part of MTN Group, as it represents one of our most developed markets. We see MTN Cyprus as a springboard for the development and introduction of innovative products and services that may be applicable to other MTN Group markets in future”.

MTN Group acquired its initial investment in MTN Cyprus in 2006 as part of a larger transaction where 100% of Investcom, a holding company of operations in 10 countries in Africa and the Middle East, was acquired.

The acquisition is subject to approval by the Commission for Protection of Competition of the Republic of Cyprus.


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Discover TECNO POVA 6 Neo’s Budget-Friendly Features

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As economic challenges loom large, the quest for quality at an affordable price becomes more crucial than ever, especially in the realm of smartphones. Amidst this backdrop, TECNO emerges as a beacon of innovation and hope with the launch of the POVA 6 Neo. This budget-friendly marvel defies expectations and redefines value in the smartphone market.

Endurance Meets Affordability:

Gone are the days when enduring battery life came with a hefty price tag. With the POVA 6 Neo, TECNO breaks the mold, offering a massive 7000mAh battery and a remarkable 6-year durability guarantee, all at a fraction of the cost. Bid farewell to constant charging anxiety and embrace uninterrupted usage without straining your budget.

Capturing Memories on a Budget:

Just because you’re on a budget doesn’t mean you have to compromise on camera quality. The POVA 6 Neo features a stunning 50MP Ultra Vivid Camera, ensuring every photo you take is Instagram-worthy. Plus, with an 8MP Dual-tone LED Flash, you can say goodbye to dark, blurry shots and hello to crisp, clear images, even in low-light conditions.

Performance That Packs a Punch:

Powered by the MediaTek G99 Ultimate Gaming Processor, the POVA 6 Neo delivers powerhouse performance without the hefty price tag. Seamlessly navigate through apps, games, and tasks with lightning-fast speeds, thanks to its 256GB of storage and 16GB of RAM – proving that high performance doesn’t have to come with a high price.

Built to Last, Built for You:

Designed with affordability, the POVA 6 Neo doesn’t compromise durability. With an IP53 water-resistant rating, you can rest easy knowing your device is protected against spills, splashes, and the occasional rain shower. Plus, its sleek and stylish design ensures you’ll turn heads without breaking the bank.

Entertainment at Your Fingertips:

Who says you need to spend a fortune to enjoy immersive entertainment? With the POVA 6 Neo’s 6.78″ FHD+ display and 120Hz refresh rate, you can enjoy crystal-clear visuals and buttery-smooth performance, whether gaming, binge-watching your favourite shows, or scrolling through social media. And with Dual Speakers featuring AI Noise Reduction and 4D Vibration Sense, you’ll feel right in the action, no matter where you are.

The POVA 6 Neo proves you don’t have to break the bank to experience innovation and performance. Its unmatched endurance, stunning camera capabilities, and powerful performance make it the perfect choice for budget-conscious consumers who refuse to compromise on quality. So why settle for less when you can have it all with the POVA 6 Neo?


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Nigeria Showcases Digital Social Investments at APRA 2024

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Nigeria through the Nigerian Communications Commission (NCC) showcased various digital social investments at the just-concluded 35th annual conference of the African Public Relations Association (APRA) in Abidjan, Côte d’Ivoire.

Through a presentation by the Head of Media Management Relations at the NCC, Dr. Omoniyi Ibietan, who later emerged as the Secretary-General of APRA after an election at the event which took place from 13th to 17th May, 2024, participants had a glean into some of the digital social investments and infrastructure expansion happening in Nigeria, through regulatory efficiency of the Commission.

In his presentation with the title: “Digital Inclusion as Arbiter of Accessible PR: A Case of the Nigerian Communications Commission,” Ibietan highlighted some 36 initiatives of the Commission within and beyond its immediate regulatory mandate, implemented to promote infrastructure expansion, support SMEs, empower educational institutions, advance innovation and promote digital up-skilling of Nigerian youths.

These include the Advanced Digital Awareness Programme for Tertiary Institutions (ADAPTI); Campus Innovation and Entrepreneurship (CIEP) programme; e-PAD project for 232 institutions; Digital Appreciation Project (DAP) for 247 secondary schools; Digital Literacy Training for Teachers (DLT); Digital Integration Programme (DIP) for MSMEs; and the E-Accessibility programme targeted at persons with disabilities.

Others include the Nigerian Girls Can Code Competition; the Build A-Thon, aimed at enabling young persons to pitch and enhance their skills and new learning experience; Tertiary Institutions Digital Centre (TIDC) for 250 institutions; 2,291 Digital Nigeria Centers (DNC) online/offline educational resources; Local Application and Content Deployment programme; and up to 72 Rural Broadband Initiative projects, among others.

According to him, the NCC through its component special purpose vehicle, the Universal Service Provision Fund (USPF) has undertaken several digital infrastructure projects, programmes and collaborative activities with stakeholders.

“These interventions have caused a shift in digital literacy, fundamentally shrank the digital divide and opened the floodgates of participation in political, economic and social processes, and enabled accessible digital public relations in Nigeria,” he said.

While over 20 papers were presented at the APRA Conference to expound its thematic focus of “One Africa, One Voice: Bridging Africa’s Communication Divide”, Ibietan’s paper was the only presentation that showcased digital infrastructure investments by any African country, even though many papers advocated the centrality of adequate broadband infrastructure in enhancing digital culture on the continent.

Ibietan emphasised that digital inclusion is the ability of individuals and groups to access and fully participate in the digital society, particularly in the use of information and communication technologies (ICTs) such as the internet, computers, and mobile devices.

He submitted that digital inclusion encompasses not only access to digital technologies but also the skills, knowledge, and resources needed to effectively utilize them.

He also emphasised that the phenomenon of digital inclusion is desirable for economies that aspire to grow and develop in remarkable and measurable sense.

He said: “This is because digital inclusion promotes social and economic opportunities, enhances civic engagement and participation, supports education and lifelong learning, fosters digital literacy and skills development, encourages innovation and entrepreneurship, and helps to bridge the digital divide and reduce inequalities.”

He referenced that the COVID-19 pandemic and its fallouts proved the significance of digital infrastructure to the economy.

Luckily, he said: “Nigeria’s investment in broadband infrastructure partly explained why the nation was able to cope with the outbreak of the COVID-19 virus because availability of digital infrastructure helped individuals, businesses and the government to migrate their social and economic activities to digital platforms in order to mitigate the devastating effect of the Pandemic.”

He recommended constant and seamless communication among stakeholders to ensure efficiency in the management and proper harvest of derivable benefits social investment and infrastructural projects.


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MoMo PSB and Layi Wasabi Announce Groundbreaking “No-Loser” Partnership

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Recently the digital space was abuzz with speculation about a potential legal battle brewing between Layi Wasabi’s comedic character, ‘The Law’, and MoMo PSB, a leading player in Nigeria’s digital financial services space.

Online speculation has been rife, as fans of Layi Wasabi, accustomed to seeing his character ‘The Law’ champion the underdog in his skits, were thrown a curveball. Whispers started swirling, suggesting that the tables might be turned this time. Could ‘The Law’ himself be facing the possibility of ‘doing jail’ – a phrase he often uses for comedic effect in his skits? Fans have been glued to their devices, anxiously awaiting updates on this bizarre, yet undeniably entertaining legal drama.

The gavel has fallen, and the outcome is unlike anything anyone anticipated! In a surprising turn of events, MoMo PSB and Layi Wasabi have announced a first-of-its-kind ‘no-loser’ legal partnership. Instead of facing off in court, ‘The Law’ has joined forces with MoMo PSB, leveraging his wit and legal expertise to champion financial inclusion for all Nigerians.

This innovative partnership marks a significant moment for both parties. MoMo PSB gains a powerful voice in Layi Wasabi, a digital content creator known for his ability to connect with audiences on a relatable level. His signature humor and knack for tackling serious issues are sure to resonate with Nigerians across the country, promoting financial literacy and the benefits of a cashless society.

For Layi Wasabi, this collaboration represents a unique opportunity to utilize his platform for positive social impact. ‘The Law’ has always been a champion of the underdog, and through this partnership, he can empower Nigerians with the knowledge and tools they need to take control of their financial futures.

Commenting on the partnership, Eli Hini, CEO, MoMo PSB, stated, ‘’We are excited to partner with Layi Wasabi, whose unique blend of humor and social commentary has captivated audiences across Nigeria. This partnership represents a dedicated effort towards enhancing financial literacy and inclusion. By combining Layi’s engaging storytelling with our innovative financial services, we aim to break down barriers and make financial empowerment accessible to every Nigerian.’’

This partnership, a strategic move by MoMo PSB to expand its reach, promises to be a win-win for all, especially the millions of unbanked or underbanked Nigerians. By leveraging Layi Wasabi’s immense popularity and relatable persona, MoMo PSB hopes to boost financial literacy and encourage the use of mobile banking solutions, ultimately promoting financial inclusion in Nigeria.


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