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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...

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...