L-R: Andy Yan, Founder & CEO; Farah Huang, Head of Marketing; Amos Okeke, Solution Manager; & Bruce Deng, Co-founder & Deputy CEO; all of Dyque Energy,
 AI & Computing

Green Energy, AI Solution from Dyque with 15-Miniute Stackable Installation Enters Nigerian Market

Dyque, an energy technology manufacturer, is pushing the boundaries of technology with revolutionary products and solutions, powered by a commitment to cutting-edge technology, outstanding service, and in-depth consumer insights. Dyque Cube, the world’s first 5-in-1 A1-empowered system, epitomizes its innovation, offering a 15-minute stackable installation, 5 layers battery protection with 280Ah capacity, V2X bi-directional charging, […]

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Financial

Machine Learning Industry Entire Market to Hit $205bn Value in 2024, Says Report

After a challenging 2022, which brought a massive 46% drop, the machine learning market size skyrocketed by 120% and hit $158.8 billion last year. However, the surging demand for AI-driven solutions across industries is expected to continue fuelling market growth this year, with the machine learning industry reaching a new record valuation. According to data […]

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Business

Ecobank Nigeria Launches MySME Growth Series, Pledges to Empower Over One Million SMEs

Ecobank Nigeria, a subsidiary of the Ecobank Group, the pan-African bank has launched an innovative training program targeted at empowering operators of small and medium enterprises (SMEs) in the country. Through the initiative, titled MySME Growth Series, the Bank will train over 1 million SME operators across the country in 2024.  Announcing the programme in Lagos, […]

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Internet

JUST IN: Nigeria’s Tele-Density  Drops to 102.30% as NCC Adjusts Statistics to Reflect Population Figures & ITU Standard

Nigeria’s telecommunications industry tele-density has dropped from 115.63% to 102.30% in September according statistics released by the Nigerian Communications Commission (NCC). The Commission in its telecom industry statistical reports of September, October, and November 2023 published on its the website further revealed that broadband penetration witnessed a similar drop from 45.47% to 40.85% in the […]

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Financial

Brands & Others Spend $2.66trl in Digital Advertising in Five Years, 2024 to Witness 8% Growth

Brands and companies worldwide have spent more than $2.66 trillion on digital advertising in the past five years, and 25% of that value, or roughly $670 billion, went on video ads. Although the annual amount spent on video ads has more than doubled in this period, the revenue growth has significantly slowed down. According to […]

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Telecoms

Global Spending on Consumer Electronics to Crash by $5.3bn, Smartphone Worst Hit  

After record sales during the pandemic, the global consumer electronics market has had a challenging two years. High inflation and gloomy economic outlook cut down consumer budgets and significantly changed their spending habits, with many focusing their reduced disposable income on travel and leisure activities rather than tech. This low-demand landscape is expected to continue […]

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Business

Minister Laments Absence of Data Privacy Rights Awareness Among Nigerians

The Minister of Communication, Innovation and Digital Economy is worried that most Nigerians are still unaware of their rights as far as data protection is concern. The Minister, Dr Bosun Tijani who expressed his concern at the Global Privacy Day Press Conference, which marked the beginning of the National Privacy Week 2024, harped on the […]

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Lars Johannisson
 Business

Rack Centre Appoints Lars Johannisson as Chief Executive Officer

Rack Centre, West Africa’s Best-connected Carrier and Cloud neutral data centre has announced the appointment of Lars Johannisson as its new Chief Executive Officer. Johannisson, an accomplished leader with extensive experience in transformative industries, assumes the role effective January 2024. According to the Group Chief Executive Officer of Rack Centre, Jasper Lankhorst, the company Is […]

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News

Ecobank Splashes 9% Interest on SuperSavers Account Holders

 Ecobank Nigeria, a subsidiary of the Ecobank Group, the leading pan-African banking group has announced mouthwatering interest rates on its SuperSavers accounts. SuperSavers account is a high-yield savings account type tailored for customers who wish to maximize their returns on savings while benefiting from a customer-focused banking experience. The six months reward programme runs between January and […]

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Business

Tech Layoffs to Persist in Near Future, Reveals GlobalData

Reflecting the dynamic landscape of the global workforce, the month of January 2024 witnessed a notable surge in conversations revolving around “layoffs” across diverse industries on “X” platform. The influencers’ discussions suggest a prevailing sentiment that indicates the likelihood of the layoff wave continuing, particularly in the tech sector. They also shed light on crucial […]

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