Author Archives: TechLoy Reporter


NATCOM Consortium To Buy NITEL, Mtel For $252 Million

NATCOM Consortium To Buy NITEL, Mtel For $252 Million

Telecommunications consortium, NATCOM is set to acquire Nigeria’s beleaguered national carrier, NITEL and its mobile subsidiary, MTel for $252.5 million (about N45 billion naira) after it emerged the preferred bidder during a financial bid process held on Wednesday in Abuja.

FirstBank partners MoneyGram to launch outbound money transfer service from Nigeria

Since money transfers began in Nigeria in 1998, consumers in the country have only been able to receive funds via MoneyGram’s money transfer services. Today, First Bank of Nigeria Limited and MoneyGram International announced the launch of outbound remittance service in Nigeria that would enable customers to send funds to family and friends around the globe

Facebook launches Safety Check

Facebook has launched Safety Check, a useful tool that people can use when major disasters strike to say tell their loved ones they’re safe as well as check on others. The service is much like Ushahidi’s recently launched group messaging service, Ping that help users quickly find out whether their families, friends, and teams are safe anywhere

Somalia’s first-ever cash withdrawal machine installed in Mogadishu

Somalia has installed its first-ever cash withdrawal machine in the capital city of Mogadishu, according to the BBC. The machine, which was installed by Salaam Somali Bank in an upmarket hotel, allows customers to withdraw US dollars, in a country where many people rely on remittances from friends and relatives living abroad. The country’s capital city has

Samsung introduces global enterprise services to accelerate business innovation

South Korean electronics giant, Samsung on Tuesday unveiled Samsung 360 Services for Business, a one-stop shop for enterprise customers who need technical help as more of their employees bring their own devices to work and as the company supports more technology vendors. “We’ve listened closely to our customers when they talk about their pain points.

Nitel, Mtel ready for privatisation, says BPE

The Nigeria Bureau for Public Enterprises (BPE) has revealed confirmation for the appointment of a guided liquidator for the privatisation of Nigeria Telecommunications (Nitel) as well as its mobile counter-part, MTel. According to ITNewsAfrica, the Director General of the BPE, Benjamin Dikki revealed that the National Council on Privatisation (NCP) had approved the appointment of

IBM partners Wharton School to launch Big Data programme

IBM today announced a partnership with the Wharton School of the University of Pennsylvania to deliver a first-of-a-kind executive education programme for Chief Marketing Officers (CMOs) and Chief Customer Officers (CCOs). The two-week course, titled “The CMO Advantage: Evolving Beyond the Digital Revolution,” will explore the increasing importance of the CMO in the C-Suite. The

Microsoft announces new Office 365 business plans

Microsoft today announced three new Office 365 plans for small and mid-size businesses, namely Office 365 Business, Office 365 Business Essentials, and Office 365 Business Premium. The Office 365 Business package will feature the full Office applications, including Microsoft Outlook, Word, Excel, PowerPoint, OneNote, Publisher and OneDrive for Business cloud storage, which makes it easy to

Lenovo completes initial closing for acquisition of IBM’s x86 server business

Lenovo and IBM have announced the completion of the initial closing for Lenovo’s acquisition of IBM’s x86 server business. As part of the agreement, Lenovo will serve as an Original Equipment Manufacturer (OEM) to IBM and will resell select products from IBM’s industry-leading storage and software portfolio. Lenovo is acquiring System x, BladeCenter and Flex System blade servers

Google reportedly shutting down its Get Business Online programme in Africa

Google is reportedly shutting down its attempt at getting businesses online in Africa through GNBO in Nigeria, KBO in Kenya and GABO for African businesses on December 31, 2014, according to TechMoran. The initiative which launched in 2011 received mixed reactions, controversy and criticisms and didn’t seem to meet Google’s expectations for introducing the service.

Pioneer releases first Apple CarPlay systems

Pioneer is now the first aftermarket manufacturer to support Apple CarPlay with the release of new firmware for its NEX in-dash receivers. The company also announced a new $600 AppRadio 4 with big 6.2-inch capacitive touchscreen and support for both CarPlay and MirrorLink, thus making it compatible with iOS devices and handsets from Nokia, Samsung, and others. The 2014