China’s factory activity contracted at its fastest pace in 16 months in April, as steep US tariffs took a heavy toll on the manufacturing sector, adding urgency to Beijing’s efforts to roll out fresh economic stimulus. The manufacturing Purchasing Managers’ Index (PMI) fell to 49.0 in April, the weakest […]
Innovation
The Young Innovators of Nigeria (YIN) has called on the Federal Government to provide a more enabling environment that will allow young inventors to fully contribute to national development and economic transformation. Speaking in Abuja during an interview with the News Agency of Nigeria (NAN), the founder of YIN, Mr. […]
By CHIMEZIE ORISAKWE It is often wise to be sceptical when politicians promise heaven on earth because, more often than not, they have shown Nigerians that their grand declarations frequently lack corresponding action. Like many Nigerians, I have learned to take such a political promise with a grain of salt. […]
Nigeria has taken a significant step in bolstering its cybersecurity framework with the enactment of the Cybercrime (Prohibition, Prevention, etc.) Act, 2024. The updated law aims to address emerging threats in the digital space, protect critical national information infrastructure, and promote safer online practices for individuals, businesses, and government agencies. […]
Digital Realty, a global leader in data center and interconnection solutions, has announced the expansion of its interconnection platform, ServiceFabric, into Nigeria. The platform will be deployed natively at the company’s LOS1 and LOS2 facilities in Lagos, providing Nigerian enterprises with low-latency, high-performance connectivity and access to global cloud and […]
Tesla has announced a significant decline in its financial performance for the first quarter of 2025, reporting a 71% decrease in net income to $409 million, compared to $1.4 billion in the same period last year. Revenue also fell by 9% to $19.3 billion, with automotive sales dropping 20% year-over-year. […]
The Internet eXchange Point of Nigeria (IXPN), the nation’s leading Internet Exchange Point, has announced a groundbreaking achievement: surpassing 1 Terabit per second (1Tbps) in aggregate peak domestic internet traffic for the first time1 . This landmark achievement signifies a major advancement in the development of Nigeria’s internet infrastructure and […]
Millions of Nigerian phone users may soon be unable to access WhatsApp, as the messaging platform’s parent company, Meta, has announced that support for several outdated mobile devices will end on May 5, 2025. According to Meta, the decision to phase out support for these older devices is aimed at […]
MTN Nigeria and leading cybersecurity firm, Digital Encode, have thrown their weight behind the 2025 edition of the International Girls in ICT Day campaign organized by eBusiness Life Communication Limited. The event, scheduled to take place on May 15, 2025, at the Lagos Oriental Hotel, aims to inspire and empower […]
The Nigerian Communications Commission (NCC) has reaffirmed its commitment to fairness, transparency, and consumer protection in addressing the issue of unclaimed prepaid airtime recharges. Speaking at a stakeholder engagement forum focused on the matter, the Executive Vice Chairman/CEO of the NCC, Dr. Aminu Maida, emphasized the need to strike a […]