Monday, May 25, 2026
25.2 C
Lagos

Business

CIG Motors: Pay ₦3m For a Brand New Car in May Splash Promo on Electric, Petrol Vehicles

New campaign introduces EasyPay auto-financing, major discounts and nationwide...

Repton CEO Calls for Digital Skills Acquisition at Lagos Career Fair

Otunba Odeyeyiwa Kazeem Olayemi, GMD/CEO, Repton Group, Keynote Speaker...

Guinness Nigeria CEO Attributes Strong 2026 Start to Operational Efficiency, Localised Decision-Making

The Managing Director/CEO of Guinness Nigeria Plc, Girish Sharma...

P+ Beats Three Agencies to Win NSIA Media Intelligence Business

P + Measurement Services Limited - (P+) has won the...

Guinness Nigeria Sweeps 7th Edition of The Industry Awards, Named Most Outstanding Company in Sustainability

L-R: Olukemi Ogunsakin, Head, Corporate Communications, Sustainability & CSR,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group Advances Investor Education Drive with Digital Retail Engagement Initiative

Nigerian Exchange Group has intensified its investor education drive...

NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

Shareholders of Nigerian Exchange Group Plc (NGX Group) have...

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

Being text of the speech by Alhaji (Dr.) Umaru...

Insurance

NAICOM Leadership Pays Condolence Visit to the Family of Late Rotimi Edu

L-R: Mr. Ola Gam-Ikon, Deputy Commissioner, Finance and Administration,...

Leadway Assurance Claims Payout of N137bn in 2025 Reinforces Market Leadership, Customer Trust

Against the backdrop of a challenging yet progressively stabilising...

AIICO Deepens Commitment to Education, Capacity Development with Upgrade of CIFM Learning Hall

AIICO Insurance Plc, one of Nigeria’s leading insurance and...

Heirs Insurance Group Named among Africa’s Fastest-Growing Companies in Financial Times Ranking

Heirs Insurance Group has achieved a landmark double recognition,...

Business

CIG Motors: Pay ₦3m For a Brand New Car in May Splash Promo on Electric, Petrol Vehicles

New campaign introduces EasyPay auto-financing, major discounts and nationwide...

Repton CEO Calls for Digital Skills Acquisition at Lagos Career Fair

Otunba Odeyeyiwa Kazeem Olayemi, GMD/CEO, Repton Group, Keynote Speaker...

Guinness Nigeria CEO Attributes Strong 2026 Start to Operational Efficiency, Localised Decision-Making

The Managing Director/CEO of Guinness Nigeria Plc, Girish Sharma...

P+ Beats Three Agencies to Win NSIA Media Intelligence Business

P + Measurement Services Limited - (P+) has won the...

Guinness Nigeria Sweeps 7th Edition of The Industry Awards, Named Most Outstanding Company in Sustainability

L-R: Olukemi Ogunsakin, Head, Corporate Communications, Sustainability & CSR,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group Advances Investor Education Drive with Digital Retail Engagement Initiative

Nigerian Exchange Group has intensified its investor education drive...

NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

Shareholders of Nigerian Exchange Group Plc (NGX Group) have...

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

Being text of the speech by Alhaji (Dr.) Umaru...

Insurance

NAICOM Leadership Pays Condolence Visit to the Family of Late Rotimi Edu

L-R: Mr. Ola Gam-Ikon, Deputy Commissioner, Finance and Administration,...

Leadway Assurance Claims Payout of N137bn in 2025 Reinforces Market Leadership, Customer Trust

Against the backdrop of a challenging yet progressively stabilising...

AIICO Deepens Commitment to Education, Capacity Development with Upgrade of CIFM Learning Hall

AIICO Insurance Plc, one of Nigeria’s leading insurance and...

Heirs Insurance Group Named among Africa’s Fastest-Growing Companies in Financial Times Ranking

Heirs Insurance Group has achieved a landmark double recognition,...

Nigeria Missing in Top 10 African ICT Ranking

In its 2016 global report on information technologies entitled “Innovation in Digital Economy”, the World Economic Forum assessed countries that integrate ICTs in their socio-economic development.

Integration relates to the use of ICTs by the government, companies and populations.
In Africa, Mauritius, though 49th in the world, remains the most advanced. The island is followed by South Africa (65th worldwide), Seychelles (74th), Morocco (78th), Rwanda (80th), Tunisia (81st), Cape Verde (85th), Kenya (86th), Egypt (96th), Namibia (99th) and Botswana (101st).

Last in line are Benin (128th), Swaziland (129th), Liberia (130th), Malawi (132nd), Guinea (134th), Madagascar (135th) Mauritania (136th), Burundi (138th), and Chad (139th).

However, the level of integration of ICTs of Africa cannot compare to that of emerging and developed nations.

Indeed, while Singapore and Finland, respectively first and second in WEF’s report, reached 5 on a scale of 7 in terms of ICT’s impact on the economy, African countries float around 2.9 points average.

In developed economies, while populations, then companies and government, in that order, are the one to rely on ICTs most, in Africa, it is first the government, then companies followed by populations that use the technologies.

Despite the small contribution of ICT to Africa’s development, the WEF estimates there has been since 2012. States just need to repeat their investments to improve access to ICTs to more people.

Hot this week

Oriental News Summit: Kola Adesina to Lead Dialogue on Nigeria’s Oil Industry Decarbonisation

 As Nigeria intensifies its drive toward net-zero emissions by...

Media Remains Nigeria’s Biggest Development Partner, Says BOI MD Olusi

The Managing Director/Chief Executive Officer of Bank of Industry,...

Stakeholders at Inspenonline Retirement Summit Advise Workers on Strategic Retirement Plan

L-R: Idu Okwuosa-Okeahialam, Group Managing Director/CEO, Royal Exchange Plc; Ibrahim...

NGX Group Advances Investor Education Drive with Digital Retail Engagement Initiative

Nigerian Exchange Group has intensified its investor education drive...

NLNG Train 7: A Catalyst for Nigerian Content, Industrial Growth

Nigeria LNG Limited (NLNG) says its Train 7 project...

Topics

Naira Redesign: Insurers Brace for Likely Claims as Violence Spreads

  Operators in the Nigerian insurance sector are bracing up...

Sovereign Trust Insurance Board Visits NAICOM in Abuja

L-R: Shedrach Odoh, Director, Sovereign Trust Insurance Plc, Eric...

African Alliance: ‘Business Continuity Process Drives Performance Post-Pandemic’

The management of African Alliance Insurance Plc said the...

CBN Plans Digital Currency by October 1, 2021

The Central Bank of Nigeria (CBN) will unveil its...

FG Tackles New York Times over Report on Nigeria’s Economic Situation

 Ruth Maclean and Ismail Auwal's feature story with the...

 OVH Acquisition: The Facts of the Matter-NNPCL

The attention of NNPC Ltd has been drawn to...

Microsoft Unveils Fund for Affordable Internet

Microsoft Corporation has launched a new fund to cultivate companies with solutions that bring affordable Internet access to underserved markets. The fund is part of Microsoft’s Affordable Access Initiative, which invests in new last-mile access technologies, cloud-based services and applications, and business models that can reduce the cost of Internet access and help more people affordably get online. “Today there are approximately four billion people globally without Internet access,” said Peggy Johnson, Executive Vice President of Business Development at Microsoft. “The ability to close that gap is more achievable than ever with technology that is readily available and affordable in many parts of the world. Through this fund, we hope to kick-start the entrepreneurial process by identifying promising ideas that we can help nurture, grow and scale.”

2021 ITREALMS E-Waste Dialogue Set for Dec 9 in Lagos

The 2021 edition of the ITREALMS E-Waste Dialogue has...
Exit mobile version