Meta drives $820m into Nigerian economy, boosts 81% of businesses

By Favour Unukaso SOCIAL media company, Meta has injected an estimated $820 million into the Nigerian economy through its digital platform ecosystem, as local small and medium-sized enterprises (SMEs) increasingly rely on social commerce to survive macroeconomic headwinds. According to new independent research, the tech giant’s suite of applications, including Facebook, Instagram, and WhatsApp,... Read More

NCC tasks investors as Meta’s 45,000km undersea cable comes to Nigeria

By Favour Unukaso THE Nigerian Communications Commission (NCC) has assured law abiding investors of support whenever they enter Nigeria. The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the NCC, Dr. Aminu Maida, who stated this, stressed that the support of the Commission awaits law-abiding investors like Meta, (formerly Facebook), which responds positively... Read More

38% of computers suffer attack in Nigeria as META region faces more

FROM January to September 2022, computers in the industrial control systems (ICS) environment were attacked using multiple means in Nigeria and other part of Africa, including Middle East and Turkey (META).    Kaspersky, which revealed this, said in the META region, malicious objects were blocked on 38 per cent of ICS computers in the region... Read More

Metaverse ecosystem market to hit $2tn by 2030

By Adeyemi Adepetun THE value of metaverse-related market activity could hit $2 trillion in global revenues by 2030, but there is a risk of developers missing out on lucrative opportunities if the ecosystem fails to implement standards, encourage interoperability and educate consumers.  This is according to a new report from analyst company ABI Research.... Read More