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A former student of the Igbinedion University, Okada, Edo state, Okoro Osagie Victor, alias Jerry Finger, has been arrested by the Economic and Financial Crimes Commission, EFCC , for allegedly defrauding foreigners to the tune of $96, 607 through the internet.
With a whopping credit facility of $200 million (N25.2 billion), World Bank Assisted Improvement projects in Lagos State have not lived up to expectations, THISDAY has learnt.
Lagos state Governor, Mr Babatunde Fashola, SAN, has declared that the state Continuously Operating Reference Station (CORS) and Global Positioning System (GPS) which has been successfully completed will soon come up live.
The Central Bank of Kenya is breathing a sigh of relief as the integration of mobile money services with banking systems takes shape.
Nigeria descended lower on the corruption index this year and this attracted a lot of attention by government watchers but last year progress was made which did not attract much comments.
The long-held duopoly of MTN and Rwandatel in the telecom sector ceases today as Millicom International Cellular (MIC), the country's third national telecom operator officially launches its commercial services to the Rwandan market.
Rwanda will on November 27 join the rest of the world to celebrate Africa Industrialization Day.
WORKS minister, John Nasasira, has ordered Salini Construttori, the contractor of the Kampala Northern Bypass, to wind-up works on the project by the end of this month.
THE re-development of Port Bell in Luzira, will cost $13m (about sh24.2b), the director of transport at the works ministry, said last week.
The Ministry of Information Communication Technology recently embarked on Phase Two of the $106m (sh212b) on the nation backbone infrastructure IT project. Government's noble intention is to extend 2,130km of fibre optic cable to the countryside, so as to provide high speed bandwidth for faster communication, data and information flow.
Telecom companies have welcomed Smiles Communications Uganda Limited to the market but warned the new firm of stiff competition.
The non payment of 17 months salaries to staff of ailing Nigeria Telecommunications Limited (NITEL) and its mobile arm, MTEL by their former owners, Transcorp and now government is causing disquiet among the two firms' staff members.
Nigerian engineers have been urged to live up to expectation to enhance technological development and stem the tide of rampant building collapse in the country.
The National Orientation gency (NOA), Katsina State chapter has urged the state's House of Assembly to enact legislation that will streamline punishment to people that fail to maintain or misuse public infrastructure and facilities in their domain.
Tri-continental Ltd in conjunction with IBM recently hosted a technology update seminar in Lagos. This event was intended to discuss the critical role that the dynamic infrastructure plays in the IBM Vision.
Mobile telephony operators have taken their lobbying for lower spectrum costs for 3G licence a notch higher and are now actively engaging the government in talks.
Mobile telephony provider Safaricom is the most respected company in East Africa for the third year running.
MTN Uganda and Vodacom Tanzania are among six beneficiaries of grants from the Mobile Money for the Unbanked Fund, which is administered by the GSM Association Foundation, Inc, which represents the worldwide mobile communications industry.
Chairman of the Lagos Business School and one-time Presidential aspirant, Professor Pat Okedinachi Utomi, has said that Federal Roads Maintenance Agency, FERMA, has totally failed in its mandate to maintain roads in the country.
The National Assembly Anti-Money Laundering and Cyber Security Coalition and Policy Analyses and Research Project (PARP) are collaborating with the Office of the Accountant General of the Federation (AGF) to review the electronic payment system.
Safaricom emerged the overall winner for the third year running during the 2009 CEO's Most Respected Company (East Africa) awards, which were dominated by mobile telephone service providers.
The Honourable Minister of State for Finance, Mr. Remi Babalola, on Thursday advised the three tiers of government to look inwards to generate sustainable resources to meet the minimum requirements and needs of their economies, particularly the infrastructural development.
A SOLAR energy facility planned for Paarl in the Western Cape could begin producing power in two-and-a-half years, Henri Loubser, project director for new energy at Sasol, said on Friday.
TECHNOLOGY services provider ConvergeNet has suffered a drop in profitability in the past year with delays in the awarding of government contracts compounding damage caused by the recession.
Governor of Ekiti State, Mr. Segun Oni, has reiterated his commitment to create an industrial layout in Oye Ekiti just as he promised his government's determination to complete the 132/33 KVA transmission line at Omisanjana, Ado-Ekiti before the end of the year.
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