Saturday, May 23, 2026
24.4 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

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...

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

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

NDIC, NILE University Host Immersion Challenge for Business School Students

L – R: NDIC’s Executive Director (Operations), Dr. Kabiru...

Topics

Virtual Assets: SEC Goes Tough on Illegal Trading

In a bid to rid the Virtual Assets space...

10 African Nations in Top 100 Countries with Biggest Gold Reserves

According to a report published by World Gold Council...

Dependency Fear: Ukraine, Shell in $10bn Shale Gas Drilling Deal

Ukraine's Fuel Minister Stavitsky, Ukraine's President Yanukovich, Netherlands' Prime...

NCC Holds Maiden Campus Conversation at Abuja Varsity

Following the re-structuring and re-branding of its existing consumer...

WRC-23: Nigeria Signs Updated Radio Regulations to Deepen Global Connectivity

L-R: Executive Commissioner, Technical Services, Nigerian Communications Commission (NC)), Engr. Ubale...

Chubb Estimates $1.4bn in Q2 Global Losses Tied to Coronavirus

Chubb’s disclosure of second quarter 2020 global net catastrophe...

NAICOM, ICRC Partner on Insurance of Assets under PPP Model

L-R: The Commissioner for Insurance, Mr. Olusegun Ayo Omosehin...

Emerald Zone to Empower Preteens, Teenagers with Coding Skills in August

In line with its annual social project, Emerald Zone,...
Exit mobile version