Business Hilights

Tracking Nigeria's Headline Business News Online

ICT

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ICT

Konga Mid-Year Shopping Festival goes live from Wednesday, June 1

Excitements are high as shoppers anticipate price crashes across all product categories including Fast Moving Consumer Goods (FMCG), Home and Kitchen Appliances, Electronics, Computing, Mobile Phones, Wine & Spirits, Fashion, etc. as well as highly discounted flight tickets to any…

ICT

NITDA building regulatory instrument for emerging technologies—DG

The Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa, said that NITDA is working to deliver its mandate of developing the Nigerian digital sector by building a regulatory instrument for emerging technologies such as Artificial Intelligence (AI), Robotics…

ICT

NCC committed to deepening efficiency, capacity building – Danbatta

The Nigerian Communications Commission (NCC) has once again reiterated its stance on professionalizing its workforce and strengthening collaborations with strategic partners such as the Nigerian Institute of Management (NIM) in order to enhance operational efficiency. The Executive Vice Chairman (EVC)…

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ICT

Nigerian expert, Adepoju handles cyber threats for U.S. Navy

By Alvin Plexico FORT MEADE, Maryland – Petty Officer 1st Class Adebayo Adepoju, a native of Eruwa, Nigeria, protects America from cyber threats as a member of U.S. Fleet Cyber Command. Information technology advances at a staggering pace. Practically all…

ICT

Customer Data Platform Revenue to hit $6bn by 2027 due to Retail & eCommerce Demand

A new study by Juniper Research has found customer data platform providers will generate $6 billion globally by 2027, rising from $1.7 billion in 2022; representing growth of 250%. The introduction of AI-based services will be key to unifying multiple…

ICT

Sophos leads 2022 KuppingerCole Leadership Compass for Endpoint Protection, Detection, Response

…Sweeps All Product, Innovation and Market Ratings; Commended as an Overall Leader Sophos, a global leader in next-generation cybersecurity, has been named a leader in the 2022 KuppingerCole Leadership Compass for Endpoint Protection, Detection and Response. It is commended as…

ICT

Zinox not ready for Jumia acquisition now

While there may been some substance to the rumoured acquisition of pan-African e-commerce brand, Jumia by Sub-Saharan Africa’s leading tech conglomerate, the Zinox Group and to possibly merge it with Konga, there is currently no concrete interest. This was revealed…

ICT

Battery industry revenues to exceed $168bn by 2030 with severe global shortages

The battery industry is set to be one of the most significant over the next 10 years, according to GlobalData, which predicts that revenues will exceed $168 billion by 2030. However, the leading data and analytics company notes that extraction…

ICT

Telecoms innovations driving African Businesses—Report

Senior business leaders from South Africa, Nigeria, Ghana, Ethiopia, Cameroon, Botswana, Angola and Tanzania whose companies have a combined annual revenue of over $6.75 billion were interviewed. Two out of three African business leaders worry infrastructure problems are holding back…

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ICT

Konga Food goes live, offers fastest delivery, others

The management of Konga Food, the online food delivery arm of Nigeria’s composite e-commerce giant, has assured Nigerian food lovers of exciting times ahead, beginning with the offer of 14 days of free delivery to mark its formal entry into…