There is rising concern among Nigerian business owners as Meta Platforms, the parent company of Facebook and Instagram, has threatened to leave the country over a fine dispute. Experts in …
Digital economy
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BusinessBusiness InsightsDigital EconomyMarketsNigeriaTechnology
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EconomyInfrastructureINVESTMENTMobile Telecommunications Network (MTN)NigeriaTechnologyTelecommunications
Telcos Invest Over $1bn in Chinese Equipment to Boost Service Quality
Telecommunications operators in Nigeria have placed orders worth over $1 billion for new network infrastructure from original equipment manufacturers in China, as part of efforts to overhaul and improve the …
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BusinessBusiness InsightsEconomyGOVERNMENTInnovationNigeriaTechnologyTelecommunications
NCC, Lawmakers Begin Review of 22-Year-Old Telecom Law to Match New Tech Era
The Nigerian Communications Commission (NCC) and lawmakers at the National Assembly have started the process of reviewing the Nigerian Communications Act (NCA) 2003, which has been the foundation of Nigeria’s …
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Business InsightsEconomyEducationNigeriaTechnology
How AI is reshaping workforce, creating job opportunities
Artificial Intelligence (AI) is rapidly changing how work is done across the world, and Nigeria is not left out. As businesses adopt automation, machine learning, and AI tools to help …
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Digital EconomyEconomyGOVERNMENTNigeriaOil & Gas
Agbakoba: Over-Concentration of Power is Nigeria’s Biggest Challenge to Economic Growth
Dr. Olisa Agbakoba, a respected lawyer and former president of the Nigeria Bar Association (NBA), has warned that Nigeria’s over-centralised governance structure is preventing the country from reaching its full …
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Business InsightsDigital EconomyFinance & ServicesFintech
Remita champions AI adoption to unlock $434m fintech market
Remita, a pioneer in Nigeria’s payment solutions industry, has urged fintech companies to embrace Artificial Intelligence (AI) as a crucial tool for securing their share of the rapidly expanding digital …
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BusinessEconomyINVESTMENTTechnology
World Bank backs Africa digital data push with $100 million Raxio deal
The World Bank’s private investment arm is making a major push into Africa’s digital economy with a $100 million investment in regional data centre developer and operator Raxio Group. This …
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Business and EconomyNigeriaTechnologyTelecommunicationsWestern Africa
Rising Data Costs Threaten Nigeria’s Content Creation Growth
Nigeria’s content creation industry is facing challenges due to increasing data costs. The growing demand for online content has led to higher internet usage, but the rising expenses associated with …
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Business and EconomyDigital EconomyNigeriaTelecommunicationsWestern Africa
MTN Nigeria Increases Weekly Data Plan to 6GB for N2,500
Telecommunications giant, MTN Nigeria, has adjusted its weekly data plan, increasing the allocation to 6GB for N2,500. This comes as part of the company’s ongoing review of its data offerings …
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AFRICA NEWSBusinessBusiness and EconomyDigital EconomyFintechNigeriaTechnologyWestern Africa
Visa Inc. to Establish Data Center in Nigeria
In a significant boost to Nigeria’s digital economy, global payment giant Visa Inc. has announced plans to establish a data center within the country. This move underscores Visa’s commitment to …