Naira stability pushes Nigeria’s smartphone market surge by 29%

Nigeria has emerged as a powerhouse in the global smartphone recovery, registering a massive 29per cent year-on-year surge in shipments in the third quarter (Q3) of 2025. This dramatic rebound, highlighted in a new report by technology market analyst firm Omdia, signifies a major turnaround for the country after a challenging period of currency volatility…

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ALTON lauds NSCDC Ogun State Command for protecting telecom infrastructure

The Chairman, Association of Licensed Telecommunications Operators of Nigeria (ALTON), Adebayo, has commended the Ogun State Command of the Nigeria Security and Civil Defense Corps (NSCDC) for its exceptional performance in protecting telecommunications infrastructure across the state. Publicity Secretary, Sir. Damian Udeh, in a statement, said Adebayo gave the commendation during a courtesy visit to…

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MTN Nigeria pushes for collaboration to boost startup ecosystem

MTN Nigeria has urged collaboration among private and public sector participants to overcome the risk aversion that has been plagued the development of the startup ecosystem in the country. Its Chief Strategy and Investment Officer, Babalola Oyeleye, who spoke during a panel discussion at MTN Cloud Accelerator Demo Day and Investor Mixer of 20 innovative…

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Konga extends Yakata sale to Dec 6 on overwhelming customer demand

In an unprecedented move that has sent waves of excitement across Nigeria’s shopping community, Konga, the nation’s leading composite e-commerce group, has announced a one-week extension of its blockbuster Yakata sale campaign. Initially scheduled to end on November 30, 2025, Nigeria’s biggest sale of the year will now run until Saturday, December 6, 2025. The…

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Nigeria’s NNPC posts 64% rise in annual net profit to $3.6b

Nigeria’s state oil company NNPC Ltd said on Monday it recorded a net profit of 5.4 trillion naira ($3.6 billion) in 2024, up 64% from a year earlier. “The earnings highlight the positive momentum of our ongoing transformation and the unwavering commitment of our workforce,” Group Chief Executive Bashir Bayo Ojulari told analysts. Ojulari said…

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Nigeria tech firm, Task Systems, wins Microsoft Best Partner Award in USA

At a time in the history of Nigeria when its reputation seems to have been slurred, an indigenous tech firm, Task Systems Limited, was honoured in the presence of thousands of global professionals with Microsoft Best Partner Award in California, United States of America (USA). It was a major rebranding for Nigeria as Task Systems,…

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EDC, FastCredit seal N2b single-digit credit for MSMEs deal

The Enterprise Development Centre (EDC) of Pan-Atlantic University has partnered with Fast Credit to launch a single-digit financing scheme aimed at empowering micros, small and medium enterprises (MSMEs). Speaking at the unveiling in Lagos, Acting Managing Director of Fast Credit Finance Company Ltd. Yetunde Faulkner, said the essence of the partnership is to ensure that…

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