The Organisation Of Petroleum Exporting Countries (OPEC) has revealed that the oil exports in Nigeria grew significantly by 60.8% in the third quarter of 2023. “Throughout 3Q23, exports witnessed a remarkable 60.8% increase, and imports soared by 47.7%, culminating in a trade surplus of NGN1,888.92 billion in that period,” its Monthly Oil Report released Tuesday […]
Read MoreSamsung’s semiconductor market share dwindled by about 40% in the last 2 years. The firm’s worldwide market share in the semiconductor industry was 7.5% in 2023, down from 12.3% in 2021 according to .Stocklytics.com, The site’s financial analyst, Edith Reads, comments: “Samsung faces challenges aligning with the changes happening in the semiconductor industry worldwide, where […]
Read MoreLast year, Internet users spent over 23 hours per month watching YouTube, nearly as much as TikTok, the absolute winner in this category. A huge chunk of this time was spent watching some of the most popular YouTube channels, which count hundreds of millions of subscribers and hundreds of billions of views. According to data […]
Read MoreDigital Operator Digicel has gone live with the BroadForward Diameter Routing Agent (DRA). The BroadForward DRA has replaced the legacy DRA systems while the BroadForward STP earlier replaced the IP Transfer Point (ITP) systems that were in use at 26 of Digicel’s markets in the Caribbean and Central America. At the heart of the Digicel network, the BroadForward DRA provides intelligent […]
Read MoreOperators of small and medium enterprises (SMEs) in the country need to leverage on eCommerce to boost sales and grow their business. This view was canvassed by Chief Commercial Officer, Jumia Nigeria, Ijeoma Arum, in her presentation titled: Growing your business, presented at the maiden edition of Ecobank Nigeria’s MySME Growth Series. The MySME Growth Series is an […]
Read MoreMoniepoint Inc, Africa’s digital financial services provider, in collaboration with NITHub Unilag, have announced a call for applicants into the second cohort of the highly competitive HatchDev programme. This initiative, aimed at nurturing the next generation of market-ready software engineers, has received widespread recognition for its impactful contribution in helping to bridge the skilled tech […]
Read MoreAccess Holdings Plc has appointed Bolaji Agbede as the Acting Group Chief Executive Officer following the death of Herbert Wigwe. Wigwe, who was the Group Chief Executive Officer of Access Holdings, died in a helicopter crash in the US over the weekend alongside his wife, son, and a former Group Chairman of the Nigerian Exchange Group […]
Read MoreInitiatives to make smartphones more affordable will gain momentum this year, as the race to get more people in Sub-Saharan Africa online heats up. Kenechi Okeleke, director of regional, social and policy research at GSMA Intelligence, made that remark while highlighting telecoms market expectations for the region. Sub-Saharan Africa remains the fastest-growing mobile region in […]
Read MoreNigeria Data Protection Commission (NDPC), has unveiled a portal for registration of Data Controllers and Processors. The Commission urged all entities, including businesses, educational institutions, healthcare providers, and other organisations that collect personal data of individuals, that registration is mandatory in accordance with Section 5(d) of the Nigeria Data Protection Act, 2023. In a post […]
Read MoreThe National Agency for Science and Engineering Infrastructure (NASENI), has assured the Bureau of Public Service Reforms (BPSR) that the Agency would deliver on its mandate of transforming Nigeria’s technology and innovation landscape. Executive Vice Chairman/Chief Executive Officer (EVC/CEO) of Mr. Khalil Suleiman Halilu of NASENI, stated this at the opening ceremony of a two-day […]
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