Temitayo Jaiyeola

1 day ago | businessday.ng | Temitayo Jaiyeola

About a dozen Nigerian states have waived Right of Way (RoW) fees to attract broadband investments and expand internet access, particularly in rural and underserved areas. These states, including Zamfara, Katsina, Anambra, Kebbi, Nasarawa, Bauchi, and Adamawa, have over 31.17 million mobile subscriptions. Their goal is to improve digital connectivity by easing infrastructure deployment for telecom operators.

2 days ago | businessday.ng | Temitayo Jaiyeola

Data centre operators have committed to investing at least $630 million in expanding capacity as internet consumption soars amid rising demand for local cloud. Since 2019, Nigeria’s average monthly internet usage has surged by 699.79 percent to 1,000,930.6 terabytes in January 2025. This spike has been driven by increased adoption of digital services, especially streaming and social media platforms.

1 week ago | dailytimesng.com | Temitayo Jaiyeola

BY TEMITAYO JAIYEOLANigerians are no strangers to Ponzi schemes, with CBEX joining a long list of successful scams. According to investors, the people behind the digital platform have carted away over N1.3 trillion from their wallets after crashing on Monday. The platform now joins the scams hall of fame in the country.

1 week ago | businessday.ng | Temitayo Jaiyeola

Google has disclosed that public figure impersonation scams and misleading election ads have become familiar threats in Nigeria. This is as it removed over 700,000 scam-related advertiser accounts globally in 2024. It noted that last year, it updated its misrepresentation policy and assembled a global team of over 100 experts, taking down and took down these scam-related advertiser accounts, which contributed to a 90 percent drop in reported impersonation scams.

1 week ago | businessday.ng | Temitayo Jaiyeola

African investors emerged as the largest group of active participants in the continent’s venture capital (VC) space in 2024, accounting for 31 percent of the total investor pool, from just 19 percent a decade ago, according to the African Private Capital Association (AVCA). This shift highlights the growing momentum in domestic capital formation, even as overall investor participation declined by 21 percent to 614 active investors in 2024.