January 4, 2025
  • January 4, 2025
Breaking News

Weak consumer spending, economic slowdown cut PC shipment to Nigeria

by on September 2, 2022 0

  By Staff Reporter SHIPMENTS of personal computing devices (PCD) to markets in the Middle East and Africa (MEA) suffered a huge decline in the second quarter of 2022.   The International Data Corporation (IDC), which revealed this in a document, categorised PCD to include desktops, notebooks, workstations, and tablets. It disclosed that shipment suffered...

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Amidst energy crisis, telecoms operators get new solution for off-grid communities

by on August 27, 2022 0

  By Adeyemi Adepetun AMIDST energy crises currently ravaging almost the entire fabrics of the economy, there appears to be succor for telecoms operators’ expansion to rural areas. Precisely, Hotspot Network Ltd. (HNL), a telecoms service provider, and Husk Power Systems, have inked a deal in Nigeria to transition mobile towers from diesel generation...

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ICT sector’s contribution to GDP hits 18.44%

by on August 27, 2022 0

By Favour Unukaso THE Minister of Communications and Digital Economy, Prof. Isa Pantami, is excited to hear of the remarkable contribution of the Information and Communications Technology (ICT) sector to Nigeria’s Gross Domestic Product (GDP) in the second quarter of 2022 (Q2 2022). The National Bureau of Statistics (NBS) stated this in the ‘Nigeria’s...

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AMS-IX, MDXi sign MOU to launch neutral Internet exchange services in Nigeria

by on August 24, 2022 0

By Favour Unukaso ONE of world’s Internet Exchange operators, AMS-IX and MainData Nigeria Limited (MDXi), an Equinix company, have signed a Memorandum of Understanding to operate and grow Internet Exchange services in Africa. AMS-IX will be setting up an Internet exchange at MDXi, the carrier-neutral Data Center of MainOne in Nigeria. MDXi will act...

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Leo Stan Ekeh Foundation targets 10,000 jobs in Imo State

by on June 25, 2022 0

By Favour Unukaso THE Leo Stan Ekeh Foundation (LSEF), a futuristic Non-Governmental Organization (NGO), which focuses on promotion of 21st century knowledge through quality education, practical entrepreneurship, healthy living and enhanced lifestyle, is set to flag off a project to create over 10,000 employment opportunities for residents of Imo State, while also equipping entrepreneurs...

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Nigeria’s unicorns rank in Africa’s 11 firms with $1b valuation in six years

by on June 10, 2022 0

By Adeyemi Adepetun IN the last six years, Africa has seen the emergence of 11 $1 billion valuation companies with five of them coming from Nigeria.      New report from Endeavor Nigeria, titled: “The Inflection Point: Africa’s Digital Economy Is Poised To Take Off”, which revealed this, said Africa’s technology ecosystem is poised for exponential growth. Six out...

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