Smart buildings gathering momentum in Nigeria, says ITB boss
Justice Okamgba
September 10, 2018
![smart building](https://www.businessamlive.com/wp-content/uploads/2018/09/Smart-building.jpg)
Ramzi Chidiac, managing director at ITB Nigeria Limited, one of Nigeria’s leading construction companies, say the demand for smart buildings in Nigeria is gathering the needed momentum compared to the last five years when few persons or nobody knew anything about the Internet of Things (IoT). Chidiac who disclosed this in a chat with business […]
Africa Registry launches gateway solution for domain names in Africa
Justice Okamgba
September 4, 2018
![Africa Registry](https://www.businessamlive.com/wp-content/uploads/2018/09/Africa-Registry.jpg)
Africa Registry, part of the CentralNic Group, a leading provider of domain names for Africa, on Tuesday announced a solution from its gateway service RRPproxy. The solution, according to the company, will empower domain name vendors, registrars and resellers in Africa to sell domains using over 1,000 TLDs and to benefit from a $50 free […]
NIMC, NIPOST to verify NIN registrant’s address with DAS technology
Justice Okamgba
August 30, 2018
![NIPOST](https://www.businessamlive.com/wp-content/uploads/2018/08/Nigerian-Postal-Service.jpg)
The National Identity Management Commission (NIMC) is in talks with the Nigerian Postal Service (NIPOST) to launch a digital addressing system (DAS) that will verify the addresses recorded by Nigerians during the National Identify Number (NIN) registration exercise. DAS will avail digital verifiable addresses to all Nigerians and legal residents, and help organizations ascertain the […]
INSEAD receives €40m individual donation for a new global institute for business, society
Businessam Staff
August 23, 2018
![](https://www.businessamlive.com/wp-content/uploads/2018/08/INSEAD.jpg)
INSEAD, the business school for the World, has received a €40 million commitment from André Hoffmann and his wife Rosalie. This landmark gift, the largest by an individual in the school’s history, establishes the Hoffmann Global Institute for Business and Society. In acknowledgement of the Hoffmann family’s support, INSEAD decided to refer to them in […]
Uber’s problems mount, reports Q2 losses of $404m despite 8% increase in revenue
Justice Okamgba
August 16, 2018
![Uber](https://www.businessamlive.com/wp-content/uploads/2017/07/Uber-app.png)
Ride-hailing company, Uber, has reported that its Q2 net revenue was up 8 percent quarter-over-quarter to $2.7 billion, which is 51 percent increase year-over-year. It however reported adjusted EBITDA loss of $404 million compared to $304 million in loss in Q1 thanks to increased spending, according to Bloomberg. In the period under review, Uber recorded […]
Azuri supports project ‘Bright Hands’ to inspire Nigerian students to study STEM
Businessam Staff
August 7, 2018
![Azuri](https://www.businessamlive.com/wp-content/uploads/2018/08/Azuri-Technologies.jpg)
Azuri Technologies, a leading pay-as-you go solar home solutions provider to off-grid homes, says it is taking part in a project aimed at helping students from less affluent communities in Nigeria discover the power of science, technology, engineering and math (STEM) in solving real-world problems. A statement from the company indicated that the initiative would […]
Blockchain technology market to hit $2 billion revenue by 2022
Justice Okamgba
August 1, 2018
![Blockchain](https://www.businessamlive.com/wp-content/uploads/2017/08/what-is-the-blockchain-and-why-is-it-so-important.jpg)
The blockchain technology market will hit $2 billion revenue by 2022 with a compound annual growth rate of about 51 percent, according to a report by Market Research Future. The report said the major factor that will drive the growth of market for blockchain technology is the growing demand for faster and secure environment for […]
Consumers vote Dangote Group ahead MTN as Africa’s most admired brand
Chukwuemeka Obioma
June 14, 2018
![Dangote group](https://www.businessamlive.com/wp-content/uploads/2018/06/Dangote-group.jpg)
Dangote Group, a leading Nigerian manufacturing firm, has emerged most admired brand, originating from the African continent. The firm was voted most admired by consumers ahead of telecommunication giant, MTN, in the 6th edition of “Brand Africa 100”, a ranking of 100 best brands on the continent organised by the South African based Brand Leadership […]
Glo adds 4m new subscribers in April 2018
Businessam Staff
June 12, 2018
![](https://www.businessamlive.com/wp-content/uploads/2018/05/Globacom-660x330.png)
Globacom, a Nigerian multinational telecommunications company, received a boost in its subscriber base as over 400,000 new customers joined the network in April 2018, according to report published on the nation’s communication commission’s website. Nigerian Communications Commission, NCC, in the report released Monday revealed Globacom’s subscriber figure leapt from 39,042,979 in March to 39,523,811 in […]
Facebook still under fire over device data sharing
Businessam Staff
June 6, 2018
![](https://www.businessamlive.com/wp-content/uploads/2018/04/facebook.jpg)
Facebook reportedly issued a second defence in as many days over its controversial data-sharing practices with device makers, after a US politician flagged the company’s relationship with Chinese vendors as dangerous. Francisco Varela, Facebook’s VP of mobile partnerships, told Bloomberg the company works with Huawei, Lenovo, Oppo and TCL, but said integrations on the vendor’s […]