The President of the Dangote Group and companies, Alhaji. Aliko Dangote, has persuaded African countries to dismember all Economic barriers hampering free trade among the nations to achieve sustainable growth and development across the continent. Alhaji. Dangote who was represented by the Group Executive Director, Dr. Adenike Fajemirokun, said this while speaking in Lagos at …
Nigerians living in Nigeria may have bought over 804,000 smartphone units in the first quarter of 2023, a private telecommunication company in Nigeria MTN Nigeria Communications Plc has hinted. In its unaudited results for the quarter ended 31 March 2023, the telecom firm stated that it grew its smartphone penetration market sales to 52.7 percent in …
Lagos, Enugu, Ogun, and Kano are the cities with the highest number of internet users in Nigeria. This is contained in a recent Telecoms Data on Active Voice and Internet per State, Porting and Tariff Information report of fourth quarter of 2022 released by the National Bureau of Statistics (NBS). The report shows that Lagos …
Nigeria has moved up its rank place to 88 out of 139 countries in the latest Logistics Performance Index (LPI) released by the World bank. Despite being ranked among countries with logistics restriction, Africa’s most populous country also recorded improvement over some of its neighboring peers like Ghana which ranked 97, Togo 97, Liberia 115, …
Samsung currently leads the smartphone market globally with a 22 percent market share, while Apple and Chinese franchise Xiaomi (REDMI) complete the top three spots with a 21 percent and 11 percent market share, respectively, a Canalys report shows indexlike. The report, which gives a quarterly and yearly update on global smartphone purchase and shipment …
The major transactions done by foreign investors on the Nigerian Exchange Limited decreased by 53.16 percent from N19.62billion (about $42.51m) to N9.19billion (about $19.94m) between February and March 2023. This was disclosed in the March edition of the Domestic & Foreign Portfolio Investment Report of Nigerian exchange group, which was released this month. The report …
The accumulated debt from Unstructured Supplementary Service Data which Deposit Money Banks owe telecommunication firms has risen to over N100billion. As a result of the debts, banks and telecoms are expected to hold another round of meetings with a view to resolving the gridlock as the debt was put at N80billion a few months ago. …
The Road Transport Employers Association of Nigeria has deployed a technology payment gateway to help reduce cash transactions in transport operations and improve public safety. The creative project tagged ‘RTEAN KarryGo’, focuses to revolutionize the transportation industry in the country. The President of Road Transport Employers Association of Nigeria, Alhaji Musa Maitakobi, represented by his …