Facebook is a ‘digital gangster’ that urgently needs more regulation, UK lawmakers say
Businessam Staff
February 18, 2019
Facebook “intentionally and knowingly” violated U.K. data privacy and anti-competition laws and urgently needs to be regulated and investigated, a scathing new report by British lawmakers said. The final report issued Monday by the U.K.’s Digital, Culture, Media and Sport committee concluded an 18-month investigation into Facebook and other social media companies for their role in […]
Google adds ethereum blockchain to its big data analytics platform
Justice OkamgbaSeptember 4, 2018
Internet search giant, Google has added ethereum to its big data analytics platform, BigQuery. Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Making the announcement in a blog post, Google said while an API exists for commonly used functions such as checking transaction status or wallet balances, […]
Africa needs aggressive investment in ICT to stimulate economic growth, says DBI
Justice OkamgbaSeptember 4, 2018
Ikechukwu Adinde, an administrator at Digital Bridge Institute (DBI) has called on African governments to launch an aggressive intervention in the ICT sector by investing in digital skills to stimulate economic growth and youth employment. Adinde made this known on Tuesday at the just-ended International Telecommunication Union (ITU) and the Digital Bridge Institute Regional Human […]
Satellite-based Internet to make RoW a non-issue for telecoms operators
Justice OkamgbaAugust 30, 2018
The lingering right of way (RoW) issue, which is one of the biggest challenges impeding the deployment of fibre by the infracos, would become a non-issue when Nigeria switches to the satellite-based Internet protocol by 2023, a telecom analyst has said. Chidi Okpanku, a telecom analyst and technology consultant at Multiplex Broadband Xprex Limited (mBx), […]
Bet9ja is the most visited website in Nigeria after Google
Justice OkamgbaAugust 29, 2018
Alexa, an Amazon company that commercializes web traffic data and analytics has said bet9ja.com (bet9ja), a betting company is the second most visited site in Nigeria after Google.com. This new position unseats Google NG, YouTube that came second and third respectively last year. According to Alexa, visitors spend 16 minutes and 42 seconds on Bet9ja’s […]
Internet giant, Tencent, suffers profit nosedive to poor investment gains
Justice OkamgbaAugust 15, 2018
Tencent, the Chinese Internet giant and Asia’s most valuable tech firm, has delivered an astonishing drop in profit on account of lower investment gains. The firm’s net profit slipped by two percent annually to reach around $2.6 billion but recorded a strong growth with revenue up 30 percent year-on-year to reach $10.7 billion in Q2 […]
FG budgets N3bn for fibre cable deployment
Businessam StaffAugust 13, 2018
The prolonged deployment of fibre by the licensed infracos received a major boost late last week when the federal government announced that it has budgeted N3 billion to facilitate the process. The whopping sum, according to the Nigerian Communications Commission (NCC) will be paid in piecemeal to the licensed infrastructure companies, to aid the deployment […]
Quest for foreign web hosting, domains offering upside risk to capital flight with annual outflow of $59.8m
MainOne, Nigeria Internet Registration Association, Rack Centre, Sunday Folayan, Web4AfricaAugust 6, 2018
The growing and never-ending penchant for foreign top-level domains (TLD) such as .com, .org over Nigeria’s .ng is providing an upside risk to capital flight, according to analysts. business a.m. learnt that Nigeria would continue experience capital flight due to the non-patronage of the local domain name in spite of the low exchange rate value […]
Google to launch 200 free Wi-Fi hotspots in 5 Nigerian cities by 2019
Businessam StaffJuly 26, 2018
Google Nigeria Thursday announced plans to launch a network of free Wi-Fi in five Nigerian cities to access to the Internet to over 10 million Nigerians The company, which disclosed this at the second Google for Nigeria event in Lagos, said the the Wi-Fi will be available in 200 Google Stations in Lagos, Kaduna, Port […]
More speeches, less action on Nigeria’s quest for digital inclusion
Justice OkamgbaJuly 23, 2018
Telecom industry stakeholders in recent times have expressed worry over the slow pace at which Nigeria is approaching digital inclusion, an imperative in the digital era, which is solely dependent on Internet connectivity. Justice Godfrey Okamgba writes on the issues, bottlenecks and the approaches adopted by different players in the sector to salvage the situation. […]