Huawei has said its newly announced 5G royalty rate will help increase adoption of the technology because it offers a transparent cost structure that can guide their investments. The company announced that it will “provide a reasonable percentage royalty rate of the handset selling price, and a per unit royalty cap at US$2.5.” This…
Day: December 15, 2021
EFCC Smashes Fake Currency Syndicate, Warns Nigerians
The Economic and Financial Crimes Commission (EFCC) have arrested members of a syndicate who specialize in counterfeiting foreign currencies, especially the dollar, for sale to unsuspecting members of the public. Wilson Uwujaren, spokesperson for the Commission, revealed this in a statement he issued on Tuesday in Abuja. Uwujaren stated that the Commission in a joint…
Huawei Report Predicts “More Food, Renewable Energy, No Traffic” Globally By 2030
Mankind will live a better life in 2030, with more food, larger living spaces, renewable energy, digital services, and no traffic. We will be able to relinquish repetitive and dangerous work to machines, and have secure access to digital services. These and more are some of the highlights of the “Intelligent World 2030 report” released…
Sanwo-Olu Commissions 744 Homes in Sangotedo, Vows to Eradicate Land Grabbing Menace
Lagos State Governor, Mr. Babajide Sanwo-Olu on Tuesday commissioned and delivered 744 home units at LagosHOMS Sangotedo Housing Scheme Phase I in Eti-Osa East Local Council Development Area (LCDA) of the State. This is in line with the administration’s commitment to bridge the housing deficit and create affordable accommodation for residents. Governor Sanwo-Olu said the…
Huawei Declares 10.2% Net Profit Margin in Q1 to Q3 2021
Huawei has released its business results for the first three quarters of 2021. According to the tech giant, it generated CNY455.8 billion (approx. $71bn) in revenue, and its net profit margin was 10.2% during the period. “Overall performance was in line with forecast,” said Guo Ping, Huawei’s Rotating Chairman. “While our B2C business has been…
CBN Earmarks N41bn through Heritage Bank for Dry Season Wheat Projects’ Farming
In a bid to meet high demand amid poor production capacity of wheat, the Central Bank of Nigeria earmarked a whopping sum of N41billion, which is being disbursed by Heritage Bank Plc to farmers across multiple States for the expansion of wheat production project. The disbursed fund is to consummate the expansion of Wheat Seed…
Karen Akpagher and Premiere Academy: The “Truth” They Are Trying To Bury
By Noah Christopher Nearly six months ago, Premiere Academy entered media spotlight when news broke that one of its students, Karen Happuch Akpagher, had died in a hospital in Abuja. The news of the death of the 14-year old diabetics’ patient which occurred on 22nd June, 2021 soon became a hot issue as several media…
Huawei Opens Its Largest Global Cyber Security Center
Huawei has opened its largest Global Cyber Security and Privacy Protection Transparency Center in Dongguan, China with representatives from GSMA, SUSE, the British Standards Institution, and regulators from the UAE and Indonesia speaking at the opening ceremony. Along with the opening of the new center, Huawei also released its Product Security Baseline, marking the first…