Lenovo, the world’s largest PC manufacturer, has posted a sharp 64% decline in quarterly profits, citing a drop in warrant value and shrinking margins in parts of its enterprise operations. The company reported a net profit of $90 million for the quarter ending March 31—well below analysts’ expectations of approximately […]
technology
The Nigerian Senate has confirmed that President Bola Tinubu’s administration is dedicated to seeing the $25 billion gas pipeline project between Nigeria and Morocco through to completion. Sen. Jimoh Ibrahim, the chairman of the Senate Committee on Inter-Parliamentary Affairs, provided the guarantee during the African Parliament’s executive session, which is […]
Lagos has clinched the title of the world’s fastest-growing tech ecosystem, according to the 2025 Global Tech Ecosystem Index released by Dealroom. The Nigerian city now leads a global pack of 288 tech hubs across 69 countries, outpacing major cities in Asia, Europe, and Latin America. The index, which ranks […]
Nigeria’s Communications, Innovation, and Digital Economy sector has recorded a remarkable upswing under President Bola Ahmed Tinubu’s administration, attracting $191 million in Foreign Direct Investment (FDI) in Q1 2024—an almost ninefold increase from the $22 million recorded in Q1 2023. This was revealed by the Minister of Communications, Innovation and […]
The fast-growing Information and Communication Technology (ICT) sector in Nigeria will take centre stage on May 24, 2025, as the Africa’s Beacon of ICT Merit and Leadership Awards (ABoICT) celebrates its 16th edition at Four Points by Sheraton, Lagos. Billed as the “ICT Growth Edition 2025,” the prestigious event will […]
Google CEO Sundar Pichai has declared a new era in artificial intelligence at the Google I/O 2025 conference, unveiling the powerful capabilities of the Gemini 2.5 Pro model. According to Pichai, the upgraded model has surged to the top of the LMArena leaderboard across all categories, showcasing significant improvements driven […]
As part of President Bola Ahmed Tinubu’s Renewed Hope Agenda aimed at improving governance and public service delivery, the National Information Technology Development Agency (NITDA) is reinforcing its role as the central authority for vetting government IT projects. In line with this, NITDA recently engaged key government bodies—the Office of […]
Fifty young, unemployed Nigerians are now equipped with cutting-edge digital skills after successfully completing a four-week intensive bootcamp, a major leap under the Digital Literacy for All (DL4ALL) initiative powered by the National Information Technology Development Agency (NITDA) in partnership with global tech giant Cisco. The training, hosted at NITDA’s […]
The National Office for Technology Acquisition and Promotion (NOTAP) has announced plans to establish state-of-the-art Technology and Innovation Hubs across all six geopolitical zones of the country. This initiative was unveiled during the NOTAP South-East Stakeholders Sensitisation Workshop in Enugu, where the agency emphasized its commitment to deepening its reach […]
CyberDome, West Africa’s foremost Managed Security Services Provider (MSSP), has entered into a strategic partnership with global Secure Access Service Edge (SASE) leader, Cato Networks, to deliver next-generation cloud-native security infrastructure across the region. The collaboration will see the deployment of the Cato SASE Cloud Platform through CyberDome’s locally managed, […]