Tag Archives: Nigeria

Nigeria, Africa’s most populous nation, has ranked 24th on the continent in terms of digital development, according to a new report by Statisense. The report released on Thursday, which evaluated countries based on their Information and Communication Technology development index, places Nigeria behind several smaller nations. Topping the list of …

…Reaches 19th Global Regulatory Milestone As part of our ongoing efforts to uphold the highest regulatory standards, we recently announced that Binance (www.Binance.com) has successfully registered as a reporting entity with India’s Financial Intelligence Unit (FIU). This achievement marks Binance’s 19th global regulatory milestone. The registration with the FIU underscores …

TD Africa is set to redefine and further strengthen the Nigerian mobile phone ecosystem as it partners ZTE Corporation on its smartphone range. This recent strategic partnership ushers in a new era of mobile availability to the Nigerian mobile consumers, offering a diverse range of devices that combine affordablity, performance, …

…Advocates for Investment-Friendly Climate for Telecoms Industry, Economic Growth and Nigeria’s Digital Future The Chief Executive Officer of Airtel Nigeria, Carl Cruz has emphasized the critical importance of creating an investment-friendly environment to sustain the role of the telecoms industry in driving digital inclusion and economic growth in Nigeria. This …

While Nigeria has emerged as a leading startup hub in Africa, access to funding remains a significant challenge for many entrepreneurs. Recall, Business Remarks earlier  reported Nigeria remained the most attractive market in terms of funding in the West African sub-region with $172million raised in the first half (H1) of …

A significant wave of affluent Nigerians are increasingly looking abroad for new homes, with a staggering 300 high-net-worth individuals (HNWIs) projected to relocate in 2024. This exodus and surge in Nigerian millionaire migration is part of a record-breaking global trend that sees a total of 128,000 millionaires migrating to new …

The National Commissioner, Nigeria Data Protection Commission, NDPC, Dr. Vincent Olatunji has disclosed the value of Nigeria’s Data Protection Ecosystem is now worth over N10 billion. Accroding to him, the data protection ecosystem has grown from N6.5 billion naira to over N10 billion naira in 2024. He made this disclosure …

Asana, the leading enterprise work management platform, has announced its official launch in Lagos. The event, with the theme: ‘Future-Proofing Nigerian Workflows: AI That Works’, will take place in the first week of June in Ikoyi, Lagos. According to the promoters of the brand in Nigeria, the event is set …

…FG Aims for Africa’s Top 3, Revolutionize Connectivity Federal government is making a significant investment in its digital future by launching a Special Purpose Vehicle (SPV) to deliver an additional 90,000km of fibre optic cable. This was disclosed by the Country’s Minister of Communications, Innovation, and Digital Economy, Dr. Bosun …

The Nigerian cryptocurrency landscape is facing a potential overhaul as the Securities and Exchange Commission (SEC) proposes a two-pronged approach: delisting the Naira from Peer-to-Peer (P2P) platforms and introducing comprehensive regulatory guidelines. Dr. Emomotimi Agama, the Acting Director-General of SEC, emphasized concerns about the impact of P2P crypto trading on …