Technology

Agtech Market Value to Soar, Reaching Over $22b

The total value of the Agtech market (Agricultural Technology) is expected to reach $22.5 billion by 2025; rising from $9 billion in 2020. This represents an average annual growth rate of 150% over the next five years. The Agtech market is comprised of services such as agricultural sensors for crop management, GPS field mapping, and […]

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Technology

Stakeholders’ Consultation on 5G Technology Deployment Unconcluded, Says NCC

The Nigerian Communications Commission (NCC), said that the stakeholders’ consultation on the deployment of the 5G technology across Nigeria was yet to be concluded. The NCC in a statement issued by the Director,Public Affairs, Dr. Ikechukwu Adinde said that the Commission has already published the Draft Consultation Document on the Deployment of Fifth Generation (5G) […]

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Technology

For Championing Digital Economy Quest, Pantami Gets ‘Digital Leader of Year Award’

For his role in championing the quest of a digital economy for Nigeria, which he got President Muhammadu Buhari to approve, the Minister of Communications and Digital Economy, Dr. Isa Pantami was at the weekend named the Digital Leader of the 2020. The innovative goal-oriented approach of his administration and leadership which has been commended […]

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Technology

Smart Home Payments Transaction Value to Exceed $164b Globally by 2025

The total transaction value of smart home payments, payments that occur via smart home devices, will exceed $164 billion in 2025, from $22 billion in 2020. Increasing use of voice assistants via smart speakers for eCommerce, propelled by rising user and merchant acceptance, will drive a dramatic growth of over 630% in total value over […]

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Technology

Government ‘ll Not Approve Deployment of Proven Destructive Technology, Says Minister

The Nigerian Government said it would not grant approval for the deployment of destrcutive technology warning citizens to desist from the habit of spreading fake news and false narratives about innovative technologies, and that, the primary responsibility of government is to protect lives and property. the Minister of Communications and Digital Economy, Dr Isa Pantami […]

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Technology

Africa’s Largest Data Centre, Teraco Breaks New Ground

Teraco Data Environments (Pty) Ltd., Africa’s largest interconnection hub and vendor-neutral data centre provider, today announced that construction has commenced on a new hyperscale data centre with 38 megawatts (MW) of critical power load in Ekurhuleni, east of Johannesburg, South Africa. The facility, known as JB4, is scheduled for completion in Q1 2022 and as […]

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Business

Armoured Vehicle Maker, STREIT Group Expands As Global Insecurity Persist

In a virtual ceremony, one of the world’s leading privately-owned armoured vehicle manufacturer – STREIT Group, has announced the launch of Phase 3 of its ongoing expansion project. The event, which was attended by His Highness Ahmed bin Saqr Al Qasimi, Chairman of Ras Al Khaimah Economic Zone (RAKEZ), the 30-year-old group announced its endeavours […]

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Technology

NCC Warns Nigerian Media on Dangers of Misinforming Citizens About 5G Technology

The misinformation/misrepresentation of 5G technology has the potential of derailing the launch/implementation of this new technology in our clime. The Executive Vice Chairman of the Nigeria Communications Commission (NCC) Prof. Umar Danbatta who gave the warning at a capacity building training for journalist in Abuja disclosed that many Nigerians including citizens in more civilized countries […]

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Technology

Nigerian Government Commissions More Projects to Tackle Insecurity

Minister of Communications and Digital Economy, Dr. Isa Pantami has commissioned more projects executed by the Nigerian Communications Commission (NCC) and the Universal Service Provision Fund (USPF) towards advancing the digital economy vision of the government and tackling insecurity nationwide. The projects include the NCC’s Emergency Communications Centre, Ado –Ekiti; the Digital Awareness Programme (DAP) […]

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Technology

Pantami Directs NIMC to Switch from Plastic ID Card to Digital ID

The Minister of Communications and Digital Economy, Dr Isa Pantami, has directed the National Identity Management Commission (NIMC) to shift its focus from producing plastic identity cards for Nigerians to the provision of “Digital ID” for all Nigerians. He told the Director General of NIMC, Engr. Aliyu Abubakar that Digital ID is key to promoting […]

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