BrandTech

Sad News for Smartphone Market with Big Brands Shipment Dropping in Huge Figures

The worldwide smartphone market continues to face decline, as shipments slowed in the third quarter of 2023 (3Q23). This is based on a preliminary smartphone shipment report conducted by research group Omdia, which reveals shipments totalled 301.6 million units in 3Q23 − a 0.7% decrease compared to 3Q22. The data is in line with that […]

Read More
Business

About 77% of Under-40s Prefer Bitcoin Over Gold as Investment

More than three-quarters of under 40s would rather Bitcoin than gold in their investment mix, reveals a new survey by one of the world’s largest independent financial advisory, asset management and fintech organisations. The deVere Group poll shows that 77% of clients aged under 40 would opt for the cryptocurrency over the precious metal in […]

Read More
Technology

Panic as Expert Predicts All of Africa Going AI Enabled

“What is our strategy to incorporate AI and generative AI into our business?” – said everyone’s management team this year. The reality is that organisations across the world are all asking remarkably similar questions. Unfortunately, the answers remain elusive and overwhelming for most. Over the past year, conversations about AI have evolved from theoretical use-cases […]

Read More
Financial

MTN Nigeria’s Momo Hits 63.5 Million Users as Ghana Tops Group Service Revenue by 36.6%

MTN Nigeria MoMo active users increased to by to 63.5 million impacted by a strategic focus shift from agent banking to wallet in Nigeria. And in the MTN Group,Ghana toppled Nigeria in service revenue increasing its revenue by 36.6% as against MTN Nigeria’s 21.4 %. In its third quarter ended 30 September report, the Africa’s […]

Read More
News

Telecom is Transforming Every Facet of Business and Life in Nigeria, Says Airtel CEO

Telecom is the New Economy Industry, as the sector transforms business and lifestyle through connectivity. Chief Executive Officer of Airtel Nigeria, Carl Cruz, made this assertion in his presentation titled “Breaking Barriers: The Art of Living Outside Your Comfort Zone at TEDx PAU, an independently organized TED event, which held at recently on the campus […]

Read More
FinTech

PalmPay to Lead Discussions on “Future of Money, Security at AfriTECH 3.0

PalmPay, an African-focused fintech company committed to driving financial inclusion through technology, will lead the discussions on future of money, Fintech app security/safety and customer experience (CX), at the third Africa Tech Alliance Forum (AfriTECH 3.0).  AfriTECH 3.0 is under the theme: “Technology-as-a-Service (TaaS) in Emerging Economy.  The fintech platform committed to driving economic empowerment […]

Read More

Nestlé Takes Staff Out on Clean-up, Reassures of Committed to Environmental Sustainability

To work towards its vision of a waste-free future, Nestlé Nigeria takes necessary actions to promote behavioral changes, and to build a circular ecosystem in waste management, starting from the company’s employees and extending to the communities closest to its operations and to a wider audience across Nigeria. With a strong commitment to help protect, […]

Read More
Business

Dangote Group Slams BUA Over Sponsorship of False & Negative Reports 

Dangote Industries Limited (DIL) has refuted allegations that it engaged in illegal foreign exchange deals, warning those peddling the allegation of economic sabotage against the company to desist from such underhand practices. It gave the warning following claims in some sponsored reports in the online media, suggesting that the company is being probed for alleged […]

Read More
Technology

MainOne, An Equinix Company, Expands Data Center Footprint in Cote d’Ivoire

MainOne, an Equinix Company, West Africa’s leading connectivity and data center solutions provider announces the launch of their expanded open access, carrier-neutral, Uptime Tier III standards Data Center, AB1.2, in VITIB, Grand Bassam, Cote d’Ivoire. From the landing of its submarine cable to the launch of the initial data center in 2019, MainOne, An Equinix […]

Read More
Technology

Smart Traffic Management Revenue Accelerated by Smart Cities’ Investment to Hit $18.5bn by  2028

A new study by Juniper Research, the foremost experts in technology markets, found that by 2028, smart traffic management spend will be up 75% from a 2023 figure of $10.6 billion. This significant growth will be due to increasing government funding for smart cities’ initiatives, with transport being at the centre of urban transformation projects. The […]

Read More