E-commerce to hit quarter of total global retail sales by 2025
E-commerce will make up nearly 25% of the global retail sales in 2025. That’s according to a StockApps projection. The site has presented data suggesting that retail e-commerce sales will reach $7.4T. The sector will have to grow its 2021…
Payment Card Technology Revenue to Exceed $11.7 Billion Globally in 2026
A new study from Juniper Research has found that global payment card shipment revenue for technology companies will reach $11.7 billion in 2026, from $9.7 billion in 2022. This 20% increase reflects new innovations emerging in the payment cards space…
MTN Celebrates Brand Refresh with Grand Industry Event
MTN Nigeria officially announced its brand repositioning using a contemplative slogan — “What Are We Doing Today?” It also articulated the context behind the new logo many had seen since 16 February 2022. Present at the event weekend, were key…
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…
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…
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”,…
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…
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…
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…
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…
