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Gadgets and Device

Foldable Phones Shipments to Reach 48.1 Million Units with Market Value of $42bn by 2027

Global shipments of foldable phones, including flip and fold form factors, to reach 21.4 million units in 2023. This represents an increase of more than 50% over the 14.2 million units shipped in 2022. An updated International Data Corporation (IDC) forecast projects that foldable phone shipments will reach 48.1 million units in 2027 with a […]

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Technology

Cyber Criminals Shift Attack to Educational Institution Targeting Students & Staff Data

As organisations across the globe contend with an increasing number of cyberattacks, schools and higher learning institutions are looking for innovative and cost-effective ways to protect their students, staff, and data from breaches and ransomware. “Unfortunately, cybercriminals don’t consider the ramifications of cyberattacks on schools. However, increasing cybersecurity awareness and allocating resources effectively can help […]

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Business

Jack Ma Foundation’s Accelerator Flags-off $1.5m Prize African Hero Contest

Africa’s Business Heroes (ABH) Prize Competition has opened entries for African entrepreneurs to apply for its fifth annual edition. The philanthropic initiative, sponsored by the Jack Ma Foundation and Alibaba Philanthropy, was founded by the Africa Netpreneur Prize Initiative, the Jack Ma Foundation’s flagship philanthropic programme in Africa. According to a statement, the competition aims […]

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Business

Nigeria’s Domestic Airfares Up By 66.36% in One Year, Says NBS Report

The National Bureau of Statistics (NBS) has disclosed that domestic air transport fares increased by 66.36 per cent in the last one year. This was contained in its latest report titled, ‘Transport Fare Watch (February 2023)’. According to the Bureau, the average fare paid by air passengers in air travel for specified routes single journey […]

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Business

Ecobank Takes ‘Financial Planning Education’ to Schools

Ecobank Nigeria has began a new wave of financial inclusion embarking on financial education for Secondary School students across the country on personal financial management which include savings, budgeting, and investment being part of activities to commemorate the Global Money Week (GMW). Tutoring the students of Comprehensive School Management and Technology, New Layout, Abakaliki, Ebonyi […]

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Media OutReach

Cybercriminal Gangs Now Use AI-Generated YouTube Videos to Distribute Malware, NCC Warns

The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has warned those looking to acquire pirated software and resources that they risk becoming victims of cybercriminal gangs that are using AI-generated YouTube videos to distribute malware. NCC-CSIRT further warned in its advisory that the consequences of falling victim can be significant for individuals and […]

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StartUps

Agropartnership Farmforte ‘Flee’ With Investor’s N2.25m

Nigerian agribusiness platform Agropartnership startup, that went out of public glare over default of customers’ investment have apologised. The duo of Uyi Osayimwense and Osayi Osazuwa, founders of the agribusiness platform Agropartnership, were last seen in public on February 16, 2022, when Osayimwense apologised publicly to their numerous investors in a social media video. According […]

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Business

Nestlé Assures of Commitment to Safe Environment, Marks World Water Day with Ogun State Govt

Nestlé Nigeria has assured stakeholders of its to a safe environment as marks the 2023 World Water Day in collobaration with the and Ogun State Ministry of Environment has hosted a stakeholders’ forum to commemorate World Water Day 2023. Aimed at promoting sustainable water stewardship practices, the forum had over 400 stakeholders drawn from the […]

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Business

DANGER LOOMS: Nine of Ten African Businesses Lack Cyber Security Measures

The trend of the digital economy, which gained momentum with the global pandemic, is facing a threat from the rising number of cyber security risks. A recent report identified that 90% of businesses in Africa operate without cyber security protocols in place. The report underlined that not only established companies, but also start-ups based in […]

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Business

JUST IN: Nigerian Govt Removes Excise Duty for Telecoms Services Citing Stability in Cost of Service

The Nigerian Government has announced the removal of excise duty for telecom sub-sector of Nigeria’s Digital Economy Industry in line with the recommendations of the Committee it constituted to review the applicability of the Duty to the telecom sector which is considered already overburdened with taxation and sundry levies. The Minister of Communications and Digital […]

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