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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 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...

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

Insurance

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,...

NEM to Unveil Life Assurance Firm, Reports N167 bn Premium Income in 2025

Mr. Tope Smart, Group Chairman, NEM Insurance Plc, said...

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 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...

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

Insurance

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,...

NEM to Unveil Life Assurance Firm, Reports N167 bn Premium Income in 2025

Mr. Tope Smart, Group Chairman, NEM Insurance Plc, said...

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.

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Topics

Ghana: AfDB Approves $23.04m for Modern Floating Dock Facility

  The Board of Directors of the African Development Bank...

Sterling Bank: N175bn Gross Earnings, N21bn Profit, 15kobo Dividend in 2022

The shareholders of one of Africa's fastest growing companies,...

NCC: Regulatory Instruments Will Tackle Insecurity, Facilitate 5G

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Ecobank Supports Women Entrepreneurs, Partners WOWe Festival

In line with its corporate disposition to sustainable women empowerment, Ecobank Nigeria is partnering Women’s Entrepreneurship Day (WED) on the hosting of the 2015 Women of West Africa Entrepreneurship (WOWe) Festival. The WOWe Festival 2015 with the theme ‘Vision to Reality’ slated for June 25 and 26, will provide the opportunity for female entrepreneurs and corporate professional women with entrepreneurial ambitions, to secure practical information on how to transform their businesses and realise their entrepreneurial ambitions.

Ecobank Group, TransferTo to Expand Financial Access, Payments in Africa

  TransferTo, a Singapore-based global technology group, and Ecobank Group, the leading...

Sterling Bank Champions Cancellation of Transfer Charges

In a landmark move that sets a new benchmark...

Digital Encode Drums Support for eBusinesslife 5G Forum on Nov 5

Leading Consulting and technology integration firm, Digital Encode Limited...

Great Nigeria Insurance Targets Sustainable Performance, Profitability in 2022

Great Nigeria Insurance Plc is a composite underwriting firm...
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