Funmilola Gboteku

6 days ago | newsexpressngr.com | Funmilola Gboteku

News Express |8th May 2025 | 32By FUNMILOLA GBOTEKUNigeria’s telecommunications sector witnessed a notable decline in internet users following a 50 per cent tariff hike on voice, data, and SMS services implemented in January 2025. The Nigerian Communications Commission (NCC) made this known in industry statistics on its website. According to the report, the industry lost approximately one million internet users in February, with the user base shrinking from 142.16 million to 141.25 million.

1 week ago | newsverge.com | Funmilola Gboteku

PalmPay, a mobile banking platform, has released its first quarter (Q1) report which indicates that it processes 15 million transactions on a daily basis out of its 35 million registered users. PalmPay made this known during a media roundtable organised to discuss the Q1 report on Wednesday. The report emphasised that the transaction volume underscored PalmPay’s deep integration into its users’ financial lives, with an average of 50 transactions per user each month.

1 week ago | newsverge.com | Funmilola Gboteku

Airtel Africa, on Monday announced that it has entered an agreement with SpaceX to bring Starlink’s high-speed internet services to its customers in Africa. Airtel Africa said this in a statement. It said that currently, SpaceX had acquired requisite licenses in nine out of 14 countries within Airtel Africa’s footprint, noting that operating licenses for the other five countries were being processed.

2 weeks ago | newsverge.com | Funmilola Gboteku

Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, has announced a robust start to 2025, reporting a substantial 16 per cent year-over-year surge in revenue for the first quarter, reaching $42.31 billion. Meta made this known in its first quarter (Q1) 2025 report released on Thursday. It said that on a constant currency basis, the revenue growth would have been even higher at 19 per cent, underscoring the underlying strength of the business.

2 weeks ago | newsexpressngr.com | Funmilola Gboteku

News Express |30th Apr 2025 | 8By FUNMILOLA GBOTEKUSamsung Electronics says in its forecast for the second half of 2025 that the smartphone market will decline year-on-year, given the macroeconomic uncertainty caused by the US tariff policies. Samsung’s Corporate Mobile eXperience Vice President, Daniel Araujo was quoted as saying this in the organisation’s 2025 First Quarter (Q1) Report, which was made available on Wednesday.