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Nigeria’s Telecom Market Shrinks in Subscribers but Surges in Data Usage.
Nigeria’s telecommunications sector is experiencing a paradoxical trend where the number of active subscribers is declining while data usage continues to surge to record levels. Recent industry data indicates that total active mobile subscriptions fell slightly, driven by factors such as SIM deactivations, stricter regulatory compliance, and economic pressures affecting consumer affordability. Despite this contraction…
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Kaspersky Flags Rising Cyber Risks as Nigeria Records 6.5M Threats in Early 2025
In the first half of 2025, Nigeria recorded close to 6.5 million cyber threats, according to cybersecurity firm Kaspersky. This figure highlights the growing scale of digital risks facing individuals, businesses, and institutions in the country. The surge reflects both the rising sophistication of cybercriminals and Nigeria’s increasing integration into the global digital economy. Kaspersky’s…
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Harnessing AI and Technology as Catalysts for Nigeria’s Post-Oil Economic Growth
Experts have emphasized that Nigeria must accelerate the adoption of artificial intelligence (AI) and emerging technologies to reduce dependence on oil revenues and achieve sustainable economic diversification. With the global economy rapidly shifting toward digital transformation, they argue that Nigeria risks being left behind if it fails to integrate AI, big data, blockchain, and automation…
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Fintechs scramble to map 4.2M PoS terminals as CBN steps up oversight
The Central Bank of Nigeria (CBN) has issued a directive to major financial technology companies, including Moniepoint, OPay, PalmPay, and other payment service providers, to geotag approximately 4.2 million point-of-sale (PoS) terminals across the country within 60 days. This initiative is part of the regulator’s broader effort to enhance the transparency, security, and efficiency of…
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Vodacom Expands Central Region Network with R400m Digital Inclusion Drive
Vodacom has announced a significant investment of R400 million to enhance its network and promote digital inclusion in South Africa’s Central Region. This initiative underscores the company’s commitment to improving connectivity, expanding access to digital services, and supporting socio-economic development in underserved communities. The investment will be strategically allocated to modernize infrastructure, increase network capacity,…
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ZainTECH Introduces AI-Powered SecOps to Bolster Cybersecurity Across MENA
ZainTECH Expands Cybersecurity-as-a-Service Leadership Across MEA Region ZainTECH, the digital and ICT solutions arm of Zain Group, has introduced an AI-powered Security Operations (SecOps) Managed Security Service aimed at strengthening cybersecurity capabilities across the Middle East and North Africa (MENA) region. This launch reflects the growing need for advanced security solutions as organizations face increasingly…
