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Business

Aliko Dangote’s Wealth Now $23.9bn, Ranks 86th Richest Globally, Forbes Report

Billionaire Aliko Dangote has seen his wealth nearly double to $23.9 billion, according to Forbes, which ranks the Nigerian entrepreneur as the wealthiest person in Africa and 86th in the world. It would be recalled that Forbes ranked Aliko Dangote as the 144th richest person in the world in 2024 with $13.4 billion. Forbes estimates Dangote’s net […]

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Business

For AI-driven Economic Transformation, Nigeria’s AI Sector Needs Funding, Robust Talent Pool, Says Report

AI is already transforming industries and starting to reshape economies and is poised to profoundly shape the future of economic development over the next few years. The expansive scale of this growth makes AI an economic priority in every region around the globe. However, new Boston Consulting Group (BCG) research has established that most economies […]

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Business

Huge Opportunities in AI Services for 2025 as Experts Predict Revenue of Over $14.6bn

Global revenue from conversational AI services will grow from $14.6 billion in 2025 to more than $23 billion by 2027. Juniper Research predicted that this revenue, which originates from enterprise spend on conversational AI platforms, will be driven by the benefits of implementing agentic AI to services. Agentic AI is a subset of AI which […]

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Business

Airtel Nigeria Effects New Tariff Increase on Data, Withdraws ‘My Area’ Plan

Airtel Nigeria, the country’s second-largest telecommunications operator (Telco) has announced a significant adjustment to its data pricing structure. A check by the News Agency of Nigeria (NAN) using the *312# code and on the Airtel website showed the revised data prices. According to the telco’s website, the revision, which affects various data bundles, is aimed […]

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News

AU Endorses Nigeria as AfCFTA Digital Trade Champion

The African Union (AU) has endorsed Nigeria as the Digital Trade Champion for the continent under the Africa Continental Free Trade Area (AFCFTA) Digital Trade protocol. The endorsement followed the impressive record of the Federal Government in promoting digital enterprise and innovation, Mr Bayo Onanuga, Special Adviser to President.Bola Tinubu on  Information and Strategy, said […]

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Technology

WiSolar, Africa’s SAAS Solution Provider Partnering Ecobank to Drive Solar Adoption in Nigeria

WiSolar, African provider of solar-as-a-service solutions, has announced a new programme for its Partner Merchants. The company has implemented a base pay structure for Partner Merchants and collaborated with Ecobank Nigeria to ensure seamless and fast mass disbursements. This programme, according to the business, is part of WiSolar’s continued efforts to strengthen its merchant network, which drives […]

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TechEntertainment

INNOVATION: KongaFM -103.7 Unveils “Shop On Radio”

For the first time in Africa, radio is no longer just about listening to music and advertisements; it’s added shopping. KongaFM -103.7, Nigeria’s pioneering Hit Music & Commerce radio station, is set to change the way Nigerians buy and sell with the official launch of “Shop On Radio” on Monday, February 24th, 2025.This is a […]

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Business

TD Africa Set to Revolutionise Procurement Across Africa with Super App Version 2 Technology 

TD Africa, a  technology distributor in Africa, has launched TD Super App Version 2, an upgraded, feature-rich platform designed to revolutionize technology procurement for individuals and businesses. The enhanced App offers seamless access to a wide range of cutting-edge tech products at unbeatable prices, with faster delivery options to improve efficiency and convenience. Available on […]

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Cloud Infrastructure

Pace of Data Cloud Adoption in Nigeria to Increase as NITDA Mulls Collaboration with Operators

The National Information Technology Development Agency (NITDA) has pledged to collaborate with local data centres to drive cloud adoption and establish a hyperscaler data centre in Nigeria. The NITDA Director General, Kashifu Inuwa disclosed that although the Agency granted waivers for businesses to use public cloud infrastructure, NITDA has since pushed for local data centres […]

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Business

Nigerian Government Lauds Dangote’s Industrial Impact on Nigeria

The Nigerian Government has affirmed the Dangote Group’s pivotal role in the country’s push towards industrialization, as the company took the center stage at the ongoing Kaduna International Trade Fair. Acting Permanent Secretary in the Ministry of Industry, Trade and Investment, Dr. Dafang Sule, who represented President Bola Ahmed Tinubu and the Minister of Industry, […]

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