Business Hilights

Tracking Nigeria's Headline Business News Online

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NITDA, NUJ Partner on Digital Journalism

In order to check quackery and the rising cases of fake news in the practice of journalism as well as provide eligible journalists with the latest technological tools with which they will carry out their jobs professionally and be at…

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NCC Sets Pace in FG’s Indigenous Tech Development Policy

The Nigerian Communications Commission (NCC) has given concrete expression to the Federal Government’s drive to promote indigenous innovative technologies in Nigeria’s telecommunication sector. The NCC demonstrated this by organising the maiden prototype and research exposition aimed at showcasing no fewer…

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NCC CSIRT Discovers Banking App-Targeting Malware

The Nigerian Communications Commission’s Computer Security Incident Response Team (CSIRT) has discovered a newly-hatched malicious software that steals users’ banking app login credentials on Android devices. According to a security advisory from the NCC CSIRT, the malicious software called “Xenomorph”,…

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FinTechNGR unveils ‘marketplace’, targets accelerated startup growth

Playing its part in addressing challenges posed by startups and investors in Nigeria’s FinTech ecosystem, the FinTech Association of Nigeria (FintechNGR) has launched The Start-Up Marketplace – an innovative platform designed to provide start-ups playing in the fintech ecosystem with…

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Microsoft highest value creator of 2021, Alibaba sees most loss in value

GlobalData’s Company Profiles Database reveals that Microsoft gained the most market value in 2021, rising by $843.5 billion to reach $2.5 trillion, while Alibaba saw the biggest loss, with a drop to $322.9 billion after a loss of around $307…

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3.5GHz Spectrum: MTN, Mafab Pay for Licences

Provisional winners of the 3.5 Gigahertz (GHz) spectrum licence, MTN Communications Nigeria Plc and Mafab Communications Limited, have made their full payment of $273.6 million each for the 5G Spectrum license to the Nigerian Communications Commission. The Executive Vice Chairman…

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Take Ownership of Existing Policies for Ecosystem Consolidation, FG tells Startups

Professor Isa Pantami, the Minister of Communications and Digital Economy, has challenged startups and innovators in the Nigeria ecosystem to take ownership of existing policies to further consolidate and enhance the success of the ecosystem. Pantami gave the charge when…

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Apple’s Dominance of the US Headphone Market Stands at 50%

According to data recently compiled by tradingplatforms.com, tech giant Apple accounts for the two most popular headphone brands in the US market. 34.4% of headphone users prefer AirPods. Further, I5% of headphone users favor products from Beats by dr. dre,…

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Leo Stan@66: Africa’s technology miracle child comes full circle

Rarely in this part of the world would you find a man like Leonard Nnamdi Stanley Ekeh, better known as Leo Stan Ekeh. For starters, Leo Stan, as he is fondly addressed, is not your regular fellow. He ranks well…

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Forbes hails Konga as beautiful bride of African e-commerce

Konga, Nigeria’s leading omnichannel e-commerce group has been identified as a strong player on the verge of dominating the African e-commerce scene. Forbes, a globally renowned media company, focusing on business, investing, technology, entrepreneurship, leadership, and lifestyle, revealed this in…