Financial

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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News

Maida at Kano Zone Visit Assures of Commitment to Staff Welfare

The Executive Vice Chairman of the Nigerian Communications (NCC), said his drivers for the Commission remain investing in the people assets of the Commission, collaboration, and to ramp up compliance activities of the Commission The boss of the Commission, Dr. Aminu Maida restated that during his Kano State Zonal Office of the Commission in continuation […]

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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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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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Business

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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AI & Computing

AI Set to Disrupt Telecoms Operations, Vendors Tipped as Worst Target

As AI, which includes generative AI (genAI), continues to be a hotly debated topic and a key trend in 2024 for all things telecoms and tech, this article looks at the implications of AI on the telecoms industry, including its impact on workforce, intensified geopolitical tensions over chips (not the edible variety), and the opportunities […]

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Business

Generative AI to Become $100bn Industry by 2026

A decade ago, it was hard to imagine companies and consumers worldwide using generative artificial intelligence daily to automate tasks, write documents, do market research, or even basic coding. However, the rise of large language models and generative AI has only started, with the market expected to hit a massive milestone in the next two […]

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FinTech

OPay Launches Fresh Security Features to Secure Customer’s Fund, Tightens Hold on User’s Data

OPay, Nigeria’s mobile money platform, which was recently applauded by the World economic Forum (WEF) and was awarded the consumer choice award by ADVAN,  has unveiled a suite of security enhancements, ensuring user’s fund stays secured. OPay operates as a licensed Mobile Money Operator (MMO) by the Central Bank of Nigeria (CBN), adhering to the […]

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Business

Lagos Set to Host Exotic Cars Expo Showcasing Classic, Vintage Cars and Motorcycles

The Lagos Motor Show (LMS), in conjunction with Classic Cars Collector of Nigeria, ‘Work and Play’, a leading Motor Sport and recreation company, will be exhibiting car and a display of motor sports such as Vintage, Classic, Exitic Cars and Motor Sports at the Tafawa Balewa Square, Onikan Lagos from February 15-17, 2024. The Lagos […]

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