MTN Nigeria Becomes First to Achieve Compliance Certification in Telecom Industry
MTN Nigeria has achieved a groundbreaking milestone by becoming the first Nigerian organization and the first within the telecommunications industry…
Category: Technology
TikTok Prepares for Potential U.S. Shutdown on Sunday
TikTok is gearing up to shut off access to its app for U.S. users on Sunday, pending the Supreme Court’s…
Strategies to push top companies into adopting AI in 2025
A new report by PwC forecasts a significant increase in AI adoption among leading companies in 2025, as organizations recognize…
Telcos, ICT firms owe banks N1.69trn as tariff hike looms
Telecommunications and ICT companies in Nigeria owed banks N1.69 trillion as of September 2024, reflecting a slight decrease of N68.04…
FG unveils Digital Trade Desk to boost Nigerian startup funding to $5bn
The Nigerian government has introduced a new initiative called the Digital Trade Desk, aimed at accelerating funding for local startups.…
Apple and Samsung Face Decline in Smartphone Shipments Amid Rising Chinese Competition
Smartphone shipments for Apple and Samsung both declined in the fourth quarter of 2024, according to preliminary data from the…
US lawmakers urge Biden to extend TikTok Jan. 19 ban deadline
Two Democratic lawmakers have urged Congress and President Joe Biden to extend the Jan. 19 deadline for ByteDance, the Chinese…
India’s HCLTech tumbles nearly 10% after Q3 revenue miss
HCLTech, India’s third-largest software services provider, saw its shares tumble nearly 10% on January 14, marking its worst session since…
EU Reevaluates Big Tech Investigations Under Digital Markets Act
The European Commission is reassessing ongoing investigations into Apple, Google, and Meta under the Digital Markets Act (DMA), a landmark…
US Tightens AI Chip Export Controls Amid Backlash from Tech Industry
The United States is introducing stricter regulations on the export of advanced AI chips and related technology to numerous countries,…
Apple Urges Shareholders to Reject Call for DEI Programme Rollback
Apple’s board has urged investors to reject a proposal aimed at dismantling its Diversity, Equity, and Inclusion (DEI) programs. The…
Sub-Saharan Africa Lost $1.56bn To Internet Shutdown In 2024 – Report
Sub-Saharan African countries collectively lost $1.56 billion due to government-induced internet shutdowns in 2024, accounting for 19% of the $7.69…
Nigerian Firms Shortlisted in UNDP’s Africa’s 15 Startups for Next HealthTech Programme
The United Nations Development Programme (UNDP) Africa, has unveiled 15 groundbreaking startups for its HealthTech Hub program, including three Nigerian…
Telecom tariff hike imminent – FG
The Federal Government has announced plans to increase telecommunication tariffs, though not as high as the 100 percent requested by…
Google Expands Efforts to Develop AI Models Simulating the Physical World
Google is embarking on a bold initiative to create generative AI models capable of simulating the physical world, signaling a…
Microsoft To Invest $3 Billion In India
Microsoft CEO Satya Nadella announced a $3 billion investment aimed at enhancing the company’s artificial intelligence (AI) and Azure cloud…
African Tech Startups Raise $2.2B Despite Challenges
African tech startups, particularly in Nigeria, Kenya, and South Africa, secured $2.2 billion in funding in 2024 through equity, debt,…
Nigerian Telecom Subscribers Switch Networks in Pursuit of Quality Services
Over 60,000 Nigerian telecom subscribers switched networks between October 2023 and October 2024, according to the Nigerian Communications Commission’s (NCC)…
Germany Launches Online Visa Application Platform for Nigerians and Others
Germany has unveiled a new online visa portal designed to streamline the application process for Nigerians and others seeking to…
Microsoft plans to invest $80b in data centres
Microsoft has announced plans to allocate approximately $80 billion in fiscal 2025 to expand its data center infrastructure, primarily to…
Stakeholders leverage AfCFTA, fintech listings for capital market growth
Nigeria’s capital market has been identified as a critical driver for achieving the government’s $1 trillion economy target by 2030.…
Innovation Crucial for Addressing Nigeria’s Energy Challenges
Manufacturers in Nigeria’s electrical and electronics sector have been urged to leverage innovation to address the nation’s pressing energy challenges.…
FG Restate Commitment to Digitisation of Livestock Sector
The federal government has reaffirmed its commitment to leveraging innovative technology for sustainable development in Nigeria’s livestock sector. At the…
Zest AI secures $200 million to expand credit tech and pursue acquisitions
Zest AI, a credit underwriting solutions provider, has secured a $200 million growth investment from its long-time investor, Insight Partners.…
Tech entrepreneurs set to launch platform to connect African artisans to global buyers
To transform cross-border trade and empower African businesses, two tech entrepreneurs, Wale Ayantoye and Ola John Ajiboye, have launched “Giri…
Minister pledges support for indigenous tech firms
The Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, has pledged government support for indigenous technology companies to help…
Zenith Bank Completes Major IT Upgrade to Boost Customer Experience and Digital Innovation
Zenith Bank Plc has announced the completion of a comprehensive IT infrastructure upgrade aimed at enhancing customer experience across its…
Schneider Electric Achieves New Cybersecurity Milestone for Data Center Management
Schneider Electric, a leader in energy management, has achieved a significant cybersecurity milestone with its EcoStruxure IT Network Management Card…
MTN Nigeria Reports Q3 Profit Amid Ongoing Inflation and Currency Challenges
MTN Nigeria Communications Plc returned to profitability in the third quarter of 2024, reporting a post-tax profit of N4.13 billion…
Apple to switch to OLED displays for all upcoming iPhones from 2025, Nikkei reports
Apple plans to use OLED displays for all iPhone models starting in 2025, according to Japan’s Nikkei. This shift from…