Business

Airtel launches data calculator to counter depletion complaints

Commenting on the significance of the launch, Dinesh Balsingh, Chief Executive Officer, Airtel Nigeria, said that the company remains focused on building a network and customer experience ecosystem anchored on trust, transparency and continuous improvement.

Published

3 months ago

June 11, 2026

OCHEFA

261 Views

Airtel Nigeria has launched the Airtel Web Data Calculator, a new digital tool designed to help customers estimate and better understand their internet data consumption based on real-life usage patterns.

Available through Airtel’s website, the calculator enables customers to estimate data usage across common digital activities such as video streaming, social media engagement, voice and video calls, and everyday web browsing.

Speaking on the launch, Oladokun Oye, Customer Experience Director, Airtel Nigeria, said that the initiative reflects Airtel’s commitment to customer empowerment and service transparency.

“As Nigerians become increasingly dependent on digital services for work, education, entertainment and communication, it is important that customers have clear visibility into how their data is consumed.

The Airtel Web Data Calculator was developed to help our customers understand their usage patterns better, make informed choices, and enjoy greater confidence in their digital experience,” he said.

Commenting on the significance of the launch, Dinesh Balsingh, Chief Executive Officer, Airtel Nigeria, said the company remains focused on building a network and customer experience ecosystem anchored on trust, transparency and continuous improvement.

“The future of telecommunications will be defined not only by network investments but also by how effectively operators help customers understand and manage their digital lives. The Airtel Web Data Calculator represents a practical innovation that places more information and control directly in the hands of our customers.” He said.

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Business

US Bond Selloff Pushes Benchmark Yield Past 5%, Stocks Rattled

Published

1 hour ago

September 15, 2026

Charles Flames

7 Views

A sharp selloff in the US bond market has driven the benchmark Treasury yield above 5%, sending shockwaves through equity markets and heightening investor anxiety.

The surge in yields, particularly on the 10-year Treasury note, reflects growing concerns over persistent inflation, the outlook for interest rates, and the broader path of monetary policy. As bond prices fell, yields climbed past the psychologically important 5% threshold, marking a significant move that has unsettled risk assets.

US stock markets reacted with broad declines, as higher yields increased the attractiveness of fixed-income investments relative to equities and raised borrowing costs for companies. Major indices came under pressure, with investors reassessing valuations amid the rising cost of capital.

Market analysts note that the rapid move higher in yields has intensified volatility across asset classes. Traders are closely watching upcoming economic data and any signals from the Federal Reserve for clues on whether the upward pressure on yields will persist.

The development underscores the sensitivity of both bond and equity markets to shifting expectations around inflation and monetary policy in the world’s largest economy.

Business

Dangote at IPO Listing, Charges Public,”I don’t want to be called richest man in Africa”

“I don’t want anybody again to call me the richest man in Africa. I want to be called the wealthiest man in Africa so that I can create wealth for others,” he said.

Published

23 hours ago

September 14, 2026

OCHEFA

24 Views

The trading floor of the Nigeria Exchange Limited (NGX) is agog this morning as billionaire industrialist,Aliko Dangote, declared opened trading activities for the day.

“I don’t want anybody again to call me the richest man in Africa. I want to be called the wealthiest man in Africa so that I can create wealth for others,” he said.

Dangote made the remarks on Monday while sounding the gong at the Nigerian Exchange (NGX) in Lagos to formally launch the Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals.

The billionaire businessman said the IPO provided an opportunity for investors to participate in what he described as a transformational phase for Nigeria and Africa’s economies.

“Today, we are not merely offering shares. We are offering an opportunity to participate in the transformational chapter of not only Nigeria’s economy, but Africa’s economy,” Dangote said.

He urged Nigerians to deepen the capital market and promote wider ownership of wealth.

“Together, let us deepen our capital market. Together, let us create prosperity through ownership. Together, let us build a stronger Nigeria. Together, let us ensure prosperity for Africa,” he said.