By Elijah Daniel For decades, the design logic of industrial operations has remained largely unchanged. Information belongs in the control room. The operator sits behind a workstation with real-time data. The field worker goes out with a paper checklist and takes notes by hand. Somewhere between those two realities, a disconnect exists. The person seeing…
The deployment of Artificial Intelligence (AI) will enhance financial clarity, operational efficiency, and business decision-making across sectors, experts in fintech, AI, and digital commerce have said. Speaking during a panel session titled: “The Next Frontier: AI & Automation” at Glovo’s Future of Commerce Summit 2.0, held at the Landmark Events Centre in Victoria Island, Lagos,…
VeendHQ says its AI-powered credit platform, Vida AI, helped recover ₦69 million from a ₦172.5 million portfolio of loans that were more than 90 days overdue in a pilot that highlights the growing role of technology in loan recovery and portfolio management. The result comes at a time when lenders are under increasing pressure to…
Telecom sector regulator, the Nigerian Communications Commission (NCC) has commenced a comprehensive review of mobile termination rates (MTR), eight years after the current rates were introduced in 2018. The Head of Competition and Tariff at the NCC, Omotayo Mohammed, disclosed this on Tuesday in Lagos while presenting a consultancy document on the review process. Mobile…
By Opeyemi Olaniyan The safety of electrical infrastructure is non-negotiable, particularly in a time when industrialisation and urbanisation in West Africa require reliable and efficient power provision, Indeed, as systems expand in scale and complexity, one critical risk demand greater attention: electrical fires.Fire safety should move beyond a mere compliance and become the very foundation…
The Federal Government, in collaboration with development partners, has stepped up efforts to accelerate the implementation of the Special Agro-Industrial Processing Zones (SAPZ) Programme, a major agricultural initiative projected to generate more than 500,000 direct and indirect jobs in each project location while significantly reducing post-harvest losses across the country. The renewed commitment was underscored…
The Middle East and Africa (MEA) mobile shipments declined by 7% YoY in Q1 2026, marking the region’s first quarter of decline after a strong 2025, according to Counterpoint’s latest Market Monitor. The decline was due to increasing prices stemming from the memory crisis, as well as the regional conflict in the Middle East which…
No fewer than 37 start-ups in Africa announced a total of $135m in funding through $100k+ deals (equity, debt, grants; excl. exits) in May 2026. According to the latest stats shared by Africa: The Big Deal, deal activity improved again after April (32) and the March low (22), but remains below the previous 12-month average…
Nigeria’s epileptic electricity situation is costing the economy more than $35billion (about ₦48 trillion) annually, according to a new economic brief released by financial expert and Director of Arthur Group, Martins Itua. The report blamed the losses to chronic power shortages, widespread reliance on self-generated electricity, disrupted business operations, damaged equipment, and post-harvest losses across…
