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Opera to invest $100m in African digital economy

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Caption: L-R:  Jørgen Arnesen, Global Head of Marketing and Distribution, Opera Software AS; Folarin Komaiya, Business Development Director, Opera Nigeria; Richard  Monday , Vice President of Africa, Opera Software AS; and Song Lin, Chief Operating Officer, Opera Software AS, announced their investment plan at the Intercontinental Hotel on Tuesday   09,05,2017. By Jonah Iboma with Agency Report Opera, the developer of the most popular mobile browser in Africa, on Tuesday announced its plan to invest $100 million ( about N30bn ) over the next two years to facilitate the growth of African digital economy. In a statement, the company said it would  use the investment to speed up internet adoption in Africa and strengthen the internet ecosystem with local partners, noting that the continent is on its way to transform itself into digital continent with the rapid adoption of mobile internet. The firm said further that for the past five years, the Opera Mini brows...

FG Pledges Payment of N59bn Electricity Debt Owed By MDAs

The Federal Government has indicated its readiness to commence payment of all verified bills owed electricity distribution companies in the country for electricity supplied to federal ministries, departments and agencies, MDAs, based on the on-going audit of the bills submitted by the electricity firms. The government's decision is a fresh boost in liquidity in Nigeria's power sector and is coming on the heels of the N701 billion guarantee for the Nigerian Bulk Electricity Trading Plc, NBET. A report presented at the 13th Monthly Meeting of Power Sector Operators chaired by the Minister of Power, Works and Housing, Babatunde Fashola, in Ughelli, Delta State, on the on-going audit of debts owed the distribution companies, DisCos, by MDAs, stated that all such verified bills would be recommended for payment as further demonstration of government's determination to lead by example with regards to payment for electricity delivered; adding that such payments would be on fi...

The Event Show 2016 focuses on improving participants’ skills - Spiff

The Event Show, an annual gathering of events management professionals in the Niger-Delta and Nigeria at large, would this year focus on training of practitioners and other intending players to improve their skills in service delivery. This was the submission of Mrs. Izobe Spiff, Principal Consultant, Tres Bien Events, organisers of the Port-Harcourt based show, while speaking on Monday about the 2016 edition of the event billed to hold later this month. The Event Show, she explained, was born out of the need to showcase the events industry as one that is viable and where players can do things professionally and proficiently. According to her, the show, which is in its 6 th edition, is a three-pronged event where people can learn, do business and have fun, adding that the business training component was added to address participants yearnings.  “In this year’s show, we will have an educational session where seasoned professionals would come and give business ...