Startup funding falls by 57% in Q1 – Report
Funding into the Nigerian tech ecosystem and other African startups fell by 57.2 per cent year-on-year in the first quarter...
Global IT spending falls as economy weakens – IDC
For the fifth consecutive month, the International Data Corporation has lowered its 2023 forecast for worldwide IT spending as technology...
Few developing countries have tech capacities — Report
The United Nations Conference on Trade and Development has said some developing countries lack the technical capacity for green frontier...
Samsung to cut memory chip production
Samsung Electronics will cut memory chip production after estimating a 96 per cent drop in its quarterly operating profit. According...
Microsoft to pay $3m fine in US
The US Treasury Department announced an agreement with Microsoft where the tech giant has agreed to pay about S$3m to...
More service providers will improve Internet access, say operators
Internet Service Providers are crucial to improving Internet penetration in the country, tech experts have said. According to them, it...
165,622 tech workers sacked in Q1, says report
More tech workers were laid off in the first quarter of 2023 than in the whole of 2022. According to...
Fintech processed 1.2 billion transactions in one month
Interswitch has announced that it processed 1.2 billion transactions in March 2023. According to the firm, it is the highest...
Regulator vows to tackle rising cyberattacks
The Nigerian Communications Commission has stated its resolve to collaborate with other relevant security agencies to ensure that policies against...
Registered SIMs hit 323 million in Feb – NCC
The number of connected SIMs in the telecommunication sector hit 323.62 million in February, with 6.98 million new SIMs being...