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Industry Analysis
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Technext industry analysis helps you see beyond the headlines by following the news behind the news, following through, revealing what is in-between and pointing out what is evident but not glaring.
N900 million minimum capital for IMTOs, here’s what the new CBN requirements mean for players
In a revised guidelines document released on Wednesday, the Central Bank of Nigeria (CBN) has established a minimum…
Jumia records EBITDA loss of $15 million in Q3, the lowest since its IPO in 2019
E-commerce giant Jumia has hit a milestone in Q3 2023 with an adjusted EBITDA loss of $15 million,…
Nigeria has one of the most expensive internet plans in the world- Report
According to a recent study conducted by Picodi Nigeria’s analyst team, Nigeria is among the countries with relatively…
MTN Nigeria revenue rises by 21.4% in 9 months despite Naira fall, MoMo active wallets hit 3.6 million
As MTN's 5G reaches 1.8million users, MoMo PSB's users rise by 53.1% YoY, reaching 3.6 million users
The ICT sector is Nigeria’s fastest-growing sector with an 8.6% growth rate – PWC Report
Nigeria’s economy, like many others, is navigating challenging macroeconomic headwinds, including inflation. The situation was made worse by…
ChatGPT leads AI site traffic with over 14bn visits as male users constitute 69.5% of total AI tool usage
ChatGPT, the OpanAI chatbot, leads the AI traffic industry with 14 billion visits, accounting for 60% of the…
Samsung, Apple lead the global smartphone market despite 8% YoY decline in sales
The global smartphone market is facing significant challenges
Nigeria ranks 31 among countries with the cheapest data price in the world
The United States remains, rather surprisingly, one of the most expensive nations on the planet for purchasing mobile data, coming in 219th in the world, with an average 1GB cost of USD 6.00
South Africa and Kenya have better digital quality of life than Nigeria- Surfshark study
A new study from Surfshark provided some interesting insights into Nigeria’s current digital quality of life. According to…
If you invested N100k in MTN, Airtel, or eTranzact in 2023, here is how much you would have gained or lost
Airtel Africa sees losses, while eTranzact records substantial gains on Nigeria Stock Exchange