Exclusive Reports

Wed, May

FG Debunks Binance $150m Bribery Claim

The Federal Government of Nigeria has dismissed claims made by Binance, that it was asked to pay a $150 million bribe by unidentified government officials. On Wednesday 8th May 2024, the Minister of Information and National Orientation, Alhaji Mohammed Idris, in a statement issued by his media aide, Mr. Rabiu Ibrahim disclosed that the government is aware of Binance's attempt to improve its tarnished reputation as a company that does not follow the rules and regulations governing business practices in sovereign nations.

South, East, West Africa Suffers Internet Outages

The SAT-3/West Africa Cable System (WACS), the Africa Coast to Europe (ACE), and MainOne are said to have been damaged, which has resulted in the disruption of internet services in Nigeria, Ghana, and other countries across the continent. According to NetBlocks, an internet analysis, the cut has triggered outages and connectivity issues for mobile operators and internet service providers across the West African sub-region.

NDPC Investigates 17 Major Cases of Data Breach

The Nigeria Data Protection Commission (NDPC) has disclosed that it is investigating 17 major cases of data breaches which reportedly occurred across different sectors such as finance, government etc. This disclosure was made by Dr Vincent Olatunji, the National Commissioner/Chief Executive Officer (CEO) of the NDPC during the Global Data Privacy Day, where he stated that the Commission had received over 1000 complaints of data breach, resulting in investigations.

Google Cloud Eliminates Cost on Data Transfer

To help against restrictive licensing practices in the cloud market, Google Cloud has revealed that its customers will no longer be charged when migrating their data to other cloud providers. This free data transfer offer, available to all Google Cloud customers globally, aims to empower businesses to choose the cloud platform that best suits their needs, unburdened by hidden costs or vendor lock-in. Some cloud providers, including Microsoft's (MSFT.O) Azure and Amazon's (AMZN.O) Web Services (AWS), charge customers based on the amount of data transferred when they switch vendors.

MTN Cut off 4.2 million Subscribers after NIN Linkage Deadline

Mobile Telephone Network (MTN) has cut off services from 4.2 million users of its network following its refusal to link Subscriber Identity Module (SIM) with National Identity Numbers (NINs) after the February 28th deadline. The firm disclosed this in its Earning Report for the year ended December 31, 2023. It noted that 19 million lines on its network are currently being verified, and 4.3 million have been verified as of February 2024. MTN said, “We also had approximately 4.2 million lines disconnected for which the subscribers did not submit their NIN. Several of these lines were low-value subscribers, minimizing the revenue impact.

Johannisson Emerges Rack Centre New CEO

Rack Centre, West Africa’s Carrier and Cloud neutral data centre has announced the appointment of Lars Johannisson as its new chief executive officer. Johannisson, an accomplished leader with extensive experience in transformative industries, assumes the role effective January 2024. According to the group chief officer of Rack Centre, Jasper Lankhorst, the company Is excited to welcome Lars into the leadership team of Rack Centre with his wealth of experience and robust industry knowledge.

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