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'Many challenges diverting tech investors from Nigeria'Technology — The Guardian Nigeria News – Nigeria and World News


Technology experts in Nigeria have said that many challenges are diverting the sector’s investments to other stable economies on the continent.
This submission was a fallout from the recent move by Twitter to site its Africa headquarters in Ghana, ahead of Nigeria.
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The co-founder and Chief Executive Officer of Twitter, Jack Dorsey made the announcement on Monday on the platform.
His Tweet reads: “Twitter is now present on the continent. Thank you Ghana and Nana Akufo-Addo.”
Responding, President of Ghana, Nana Akufo-Addo, on his official Twitter page revealed that the partnership was agreed upon after a virtual meeting with Jack. ....

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Nigeria exits recession amid very weak growth


• ‘Nigeria’s riotous cattle-herding system stealing growth potential’
• Experts warn against undue optimism
Defying projections and leveraging opportunities presented by the coronavirus pandemic through technology and remote work, Nigeria’s resilient private sector helped the economy to exit recession in the fourth quarter with a growth of 0.11 per cent.
However, there are concerns about the country’s structural problems in the form of foreign exchange pressures, relatively lower oil prices and production, subdued global demand, spiralling consumer prices, repressed purchasing power, heightened unemployment levels, weak investor confidence, worsened insecurity and social tensions.
The country’s Gross Domestic Product (GDP) grew 0.11 per cent in the three months through December from a year earlier, compared with a decline of 3.6 per cent in the third quarter, according to data from the National Bureau of Statistics (NBS) yesterday. ....

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Spectranet 4G LTE Wins Awards


By Nosa Alekhuogie
Spectranet 4G LTE has been adjudged the best 4G LTE Internet Service Provider of the year by Communications Week, Organisers of the Beacon of ICT (BoICT) 2020 awards ceremony.
The award is coming three weeks after Spectranet was voted the best 4G LTE Internet Service Provider of the year and Consumer-Friendly Internet service provider of the year respectively by Nigeria Technology Awards.
The event, which was held in Lagos under strict observation of the COVID 19 rules and regulations, had key players of the Information and Communications Telecommunications (ICT) industry in attendance.
Managing Director of Mobile Software Solution, Mr. Chris Uwaje, was the chairman of the event, while Co-founder and Chief Operating Officer of Digital Encode Limited, Obadare Peter Adewale, delivered the keynote address on Cybersecurity and its role in Nigeria Economy. ....

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Spectranet 4G LTE Shines at BoICT 2020 awards


…Wins Best 4G LTE Internet Service Provider of the year
Spectranet 4G LTE has been adjudged the best 4G LTE Internet Service Provider of the year by Communications Week Organizers of the Beacon of ICT (BoICT) 2020awards ceremony.
This award is coming three weeks after Spectranet was voted the best 4G LTE Internet Service Provider of the year and Consumer-Friendly Internet service provider of the year respectively by Nigeria Technology Awards.
The event, which was held at the Eko hotel, under strict observation of the COVID 19 rules and regulations, had key players of the Information, Communications and Telecommunications industry in attendance.  ....

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