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News

Less Developed Countries Lead in Use of Social Media for Brand Research

The concept of social media not only provides marketers with the opportunity to reach large audiences, but it also enables brands to interact with customers and drive user engagement on a level never seen before. Social media users, especially the younger ones, love this approach, which is why more and more use these platforms for […]

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Technology

NITDA Commences Re-drafting of SRAP Document to Achieve Govt’s Digital Economy Agenda

The National Information Technology Development Agency (NITDA) re-drafting its Strategic Roadmap and Action Plan (SRAP) policy document. The re-drafting is to enable the Agency implement the Ministry of Communication, Innovation and Digital Economy strategic plan of accelerating the country’s collective prosperity through technical efficiency. According to the Director General, Mr Kashifu Inuwa, aim is to […]

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Financial

Adoption of AI to Reduce Operator’s Revenue Leakage from 5G Roaming Connections by $118m

The average revenue leakage per 5G roaming connection will decrease from $1.72 to $1.20, as operators leverage AI-based segmentation. Revenue leakage refers to the value of services provided but not monetised. According to Juniper Research this reduction in revenue leakage will be driven by the implementation of AI-based segmentation solutions to monetise data-centric users. Specifically, this […]

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Software

Corporate Services Firm Unveils Boardroom Business App for CEOs

A corporate services firm, has unveiled a cutting-edge app that will empower Boards and C-suite executives to efficiently manage meetings, streamline access to and retrieval of documents, facilitate approvals, conduct polls, and performance evaluations, all while ensuring compliance and tracking company plans. According to the, DCSL Corporate Services Limited, the app would help directors effortlessly […]

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Business

Dangote Cement Plans Cote d’Ivoire Plants & Another Six Million Tonnes as 81 Trainees Graduate

Dangote Cement Plc inducts 81 trainees in its Graduate Trainee programme to boost employment in the country. The company, it would be recalled, since the beginning of the programme, has inducted hundreds of such trainees into its service, across its African operations.   The Company also has rewarded its outstanding staff with ‘long Service Award’ […]

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Business

Uncontrolled Artificial Intelligence Can Cause Havoc in Nigeria, NITDA Warns

The algorithm which is the Artificial Intelligence (AI) that powers social media is a machine that needs to be trained and controlled, in order to avoid it spiraling out of control. “Due to the happenings on social media, industry practitioners are pushing for “explainability in the AI”, also referred to as “black box” within the […]

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Business

Dangote Refinery Receives  One Million Barrels of Maiden Crude Cargo

In a major step towards boosting Nigeria’s domestic refining capacity and attaining energy security (self-sufficiency), Dangote Petroleum Refinery and Petrochemicals plant has purchased one million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO), one of the largest trading companies in Nigeria as well as globally, trading over eight million […]

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Business

NCC Flags-off Review of All Categories Licences to Enhance Operators’ COPEX

The Nigeria Communications Commission (NCC), has flagged-off the review of all categories of licences, both class and individual, with a view to ensuring that our licensees are still able to work well within their capital and operating expenditure (COPEX). The Commission also said that it considers it critical to have a win-win strategies and regulatory […]

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Business

Minister, Lagos Gov Count On Technology & Innovation to Transform Nigeria’s Creative Industry

The Minister of Communication, Innovation and Digital Economy and the Lagos State  Governor  are confident that technology and innovation holds the key for employment in the creative industry of Nigeria. The Minister, Dr Bosun Tijani, and the Governor Babajide Sanwo-Olu both spoke at the Art of Technology (AOT) Lagos 5.0 Conference with the themed ‘The […]

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Economy

Cybersecurity Trends for 2024 Reveals Shocking Revelation for Africa

KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, announced its 2024 cybersecurity predictions for Europe, the Middle East and Africa (EMEA) from its team of local industry experts. Cyber threats are more sophisticated and complex than ever and evolving quickly with new technology like AI becoming increasingly advanced every […]

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