TechMart

The Secret to Black Friday Success in Nigeria: Start Early

A recent survey found that 66% of Nigerians shop online every few months, compared to 60% of South Africans and 45% of Kenyans. This should be music to retailers’ ears as they gear up for Black Friday (24 November) and Cyber Monday (27 November), which mark the start of the holiday season shopping frenzy. But while local retailers have access ...

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Bitcoin Volume in Nigeria Surge to N1.582bn in November

The volume of bitcoin has risen to N1.582 billion in November; close to the all-time high of N1.866 billion it recorded in the first week of August. Trade in bitcoin returned to growth on the Coin.dance Index after it dropped sharply in the last week of October to N1.157 billion from N1.239 billion it recorded in the previous week. According ...

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Telcos Ready to Break DSTV’s Football Content Monopoly in 2019

Telecommunication (Telcos) operator are putting together strategy to break DSTV’s control of football viewing rights on the African continent in 2019, when the next licensing round is due, different sources have told BusinessDay at the ongoing AfricaCom conference in South Africa. DSTV, owned by South Africa based MultiChoice, through its SuperSport brand currently controls the distribution of sports content on ...

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DSN Limited Says Nigeria Shifting From Oil to Data Economy

Data Science Nigeria (DSN) says it is driving industry-level discussions about Nigeria’s need to build its big data and machine learning ecosystem, even as government push to diversify away from oil. Bayo Adekanmbi, MTN’s executive, said the company as a non-profit initiative has the goal of being well positioned to access a 10 per cent share of the global data ...

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China Produces Over 1.2 bn Mobile Phones From January – August

Beijing –  China produced over 1.26 billion mobile phones in the first eight months of the year, including 932 million smart phones, according to the Ministry of Industry and Information Technology. The figures were announced at a summit on mobile innovation Thursday by Qiao Yueshan, with the ministry. According to the ministry, China produced about 1.3 billion mobile phones during ...

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Reps Ask CBN to Enable Access to N12bn Cryptocurrency Account

The House of Representatives has called Central Bank of Nigeria (CBN) to direct Diamond Bank to release the allotted token to Cashflowabi Network Ltd, to enable it access and pay over N12 billion accrued into the cryptocurrency account to over 60,000 depositors in overriding public interest. According to the 4-page report and recommendation adopted by the House, and obtained by ...

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