E-Business
Nigeria Lags in Internet Speed, Sits at 107th Position

Telecommunications operators providing mobile broadband services in the country are focusing much on penetration without efforts on speed of broadband evident in Nigeria’s lag in broadband speed report.
Broadband is associated with speed as against narrow band. The neglect of speed aspect of broadband provision has resulted in the country occupying 107th position globally and ninth in Africa in Speedtest Global Index report for 2018.
The report puts Nigeria’s mobile broadband download speed at 12.76 Mbps with South Africa emerging first in Africa having average download speed of 18.31Mbps. This is, however, the fastest out of the African countries listed, with the next fastest being Kenya at 14.42Mbps and then Mauritius at 14.12Mbps.
Responding, Sunday Folayan, managing director, General data Engineering Services (SKANNET) as well as president, Nigeria Internet Registration Association (NiRA), said that speed and penetration are complementary.
“Penetration leads to higher demand and justification for investments by the providers. More penetration leads to more demand for higher speed, which ultimately improves the access density.
“There is abundant access at the landing points, but evacuation to the hinterland, last mile distribution, quality of service and lower costs remains major challenges for us.
He urged governments to continue to remove barriers, create appropriate use-case, and drive inclusion.
“Today, Nigerians complete the purchase of JAMB and WAEC forms online. It will be good if FIRS, immigration and other essential government services are procured online. It will drive the adoption of broadband”.
On the determination of speed of internet, he said: “The forces of demand and supply will ultimately force speed, if limitations such as spectrum are removed, and there is the proliferation of Fiber to the home and fiber to everywhere.
“Much more, the ability to domesticate our Nollywood industry and making their movies available for viewing in Nigeria; We are ripe for a Netflix like local service that will then ramp up the pent-up demand for broadband speed in Nigeria”.
Muhammed Rudman, managing director, Internet Exchange Point of Nigeria, said that, Internet speed is very important, but penetration is fundamental to the development of any society. “As you know most countries focus on the penetration initially then raise the benchmark speed as more people have access at the basic level.
“This is because even with low speed internet access citizens can participate in the global internet arena – voice their opinions through social media platforms, access to educational content, online banking, emails and all other critical services. While access to high speed internet access opens more doors, such as high quality video content for both education and entertainment, video conferencing, e-health, online gaming and much more.
“The report indicates that both operators and regulators need to do more, especially through constant engagement and collaboration. There is serious need for government to work with the industry towards addressing operator’s needs so as to fast-track deployment of the needed infrastructure for broadband deployment.
“While at the same time there is urgent need for collaboration between operators towards infrastructure and asset sharing – This would hasten broadband penetrations and ensure business sustainability,” he said.
The slowest average downloads were found in Tunisia with 7.69Mbps, Egypt with 6.74Mbps and Algeria, where the speed is just 3.75Mbps.
E-Business
Tech Expert Unveils BAT-BOT AI App to Curb Fake News ahead of 2027 Elections

An artificial intelligence (AI) application has been developed to help combat the spread of fake news, misinformation and political propaganda as political activities gradually build toward the 2027 general elections in Nigeria.

The app, known as BAT-BOT AI, was unveiled in Abuja by Mr. Gunu Usman, its founder, who said the platform is designed to assist the federal government in addressing the growing challenge of false information within nation’s digital space.
Mr Usman explained that the new platform was created to ensure that factual information circulates faster than falsehood.
He noted that the rapid spread of misinformation, disinformation, hate speech and manipulated narratives targeting the administration of Bola Tinubu, the ruling All Progressives Congress, and national institutions poses risks to democratic stability and public trust.
According to Mr. Usman, BAT-BOT AI was developed to support public access to verified information while countering misleading narratives online.
The Technology expert described the system as a sovereign AI-powered civic information and fact-verification platform designed to strengthen Nigeria’s digital information ecosystem ahead of the 2027 general election.
He added that the initiative aligns with the government’s policy direction under the Renewed Hope Agenda of President Tinubu, which seeks to promote transparency and encourage informed civic participation.
The founder further explained that the platform is currently accessible to Nigerians through multiple digital channels, enabling users to verify claims, seek clarification on government policies and obtain information on national development initiatives.
Mr. Usman expressed optimism that the tool would help curb the spread of false information and contribute to a more credible digital environment as the country prepares for the next electoral cycle.
E-Business
Why JustMarkets Is a Strong Choice for Gold Trading

Over the past four years, gold has risen by more than 400%. The precious metal has long been one of the most traded assets in global financial markets. From its role as a traditional store of value to its sensitivity to inflation, interest rates, and geopolitical uncertainty, gold continues to attract traders seeking efficient and predictable trading opportunities during a period of global uncertainty and high volatility.

JustMarkets
For traders looking to effectively access gold markets, choosing the right trading environment is as important as timing their entry. One of the most popular and effective gold trading platforms is JustMarkets, offering the tools, conditions, and infrastructure to enable traders to achieve their most ambitious gold trading goals.
Tight Spreads on XAU/USD
Cost efficiency is a critical factor in gold trading, especially for active day traders. JustMarkets offers extremely competitive XAU/USD spreads, allowing traders to open and close positions with reduced transaction costs. Lower spreads can significantly impact short-term strategies, where precision and timing are key to effectively entering a trade. By minimizing trading costs, JustMarkets helps traders focus more on market analysis and finding the ideal entry point, and less on overhead.
Fast and Reliable Execution
Gold is recognized for its volatility, especially during the day, especially with economic announcements or geopolitical events. Speed is of the essence in volatile markets. JustMarkets provides high-speed execution of orders, which helps minimize the risks of delays, especially during periods of high volatility. This ensures that traders are able to respond better to market conditions, thereby having better control over trade management.
Flexible Trading Conditions
Each trader has their own approach to gold, ranging from intraday trading to position trading. JustMarkets offers flexible leverage and account types, enabling traders to adjust their exposure based on their risk tolerance and trading style. This flexibility is suitable for both conservative and aggressive traders while still allowing them to access the same global gold market.
Advanced Platforms and Tools
Successful gold trading is based on thorough technical and fundamental analysis. JustMarkets provides access to industry-standard trading platforms equipped with advanced charting tools, multiple timeframes, and a wide range of indicators for recognizing divergences and clear entry points. These features help traders analyze price trends, identify key levels, and plan their trades with greater confidence.
Accessibility via mobile devices and computers via the JustMarkets Mobile Trading app also ensures traders can monitor positions and market movements from anywhere and at any time.
Education and Market Support
Gold is also affected by factors such as inflation rates, central bank policies, and currency fluctuations. Understanding these factors is important for developing a structured trading strategy.
JustMarkets offers resources for traders, which provide information on how global events can impact the price of gold like case studies, daily, bank and weekly analysis. This is a knowledge-based system, which enables the trader to make more informed decisions rather than relying on the price movements of gold.
Trading Activities That Keep Gold Traders Engaged
In addition to the competitive trading environment, JustMarkets also runs various special activities and campaigns that aim to make the trading experience more interesting. At certain intervals, the special activities may include trading contests on specific trading instruments, such as gold, which are highly sought after by traders. This will give the traders an added impetus to keep trading.
The special activities are designed to encourage trading, consistency, and skill-building among the traders, along with the additional motivation for the trading strategies. This is also in line with the overall philosophy of JustMarkets to create a dynamic trading environment where trading, learning, and motivation are linked together.
A Trading Environment Built for Gold Traders
Gold is still one of the most dynamic markets with the greatest number of opportunities in the world. With tight spreads on XAU/USD, fast execution, flexible trading terms, and access to advanced analytical tools, JustMarkets creates an optimal trading environment for those who want to trade gold efficiently.
In addition to the comprehensive educational assistance, JustMarkets continues to position itself as a strong competitor for traders who are looking for professional trading conditions combined with growth opportunities.
E-Business
Microsoft Expands Africa AI Push while DeepSeek Gains Users

Microsoft is stepping up its push to expand artificial-intelligence adoption across Africa as competition intensifies with Chinas DeepSeek for influence in one of the worlds youngest and fastest-growing digital markets.

The company plans to train 3 million Africans on its AI technologies this year through partnerships with schools, universities and other institutions, with a focus on South Africa, Kenya, Nigeria and Morocco.
The effort reflects Microsofts broader attempt to accelerate adoption of its AI ecosystem across emerging markets where developers and enterprises are increasingly experimenting with generative AI tools.
Alongside the training initiative, Microsoft is working with MTN Group (MTNOY), Africas largest telecommunications company, to distribute Microsoft 365 and its Copilot digital assistant to about 300 million subscribers.
The Elevate program is designed to expand AI literacy and reduce cost barriers that might otherwise limit adoption, according to regional leadership.
The push comes as Chinese technology firms expand their footprint across the continent, with DeepSeeks open-source models accounting for roughly 11% to 14% of chatbot use in several African markets and reaching about 20% in countries such as Ethiopia and Zimbabwe following investments tied to digital infrastructure and telecom networks.
Microsoft is also increasing its infrastructure investment in the region.
In South Africa, the company plans to invest 5.4 billion rand, or about $330 million, to expand its cloud and AI capacity by the end of next year, while it is also exploring plans for a geothermal-powered data center in Kenya.
Early corporate adoption is emerging across the continent, with South African grocer Spar Group using Copilot in ways that save more than 700 employee hours annually and Nigerias Access Holdings integrating AI into daily workflows.
Regional leadership has suggested broader AI adoption could potentially contribute up to $1.5 trillion to Africas gross domestic product by 2030 if governments and businesses continue investing in digital infrastructure and AI skills.
General News3 days agoInterswitch Advocates Trust-Driven Infrastructure as Cornerstones of Africa’s Cross-Border Capital Future
News3 days agoNLNG Advances Media Excellence with Change Your Story Workshop
E-Business3 days agoWhy JustMarkets Is a Strong Choice for Gold Trading
E-Financial3 days agoCBN Orders Banks to Restrict Access to Banking Services for Loan Defaulters
E-Financial3 days agoUBA Business Series Celebrates ‘Gen.W: The Evolved Woman’ in Push for Female Empowerment
Telecom3 days agoNDPC Warns Content Creators Against Privacy Violations in Viral Videos
General News3 days agoFCCPC Launches Fuel Price Surveillance, Probes Airline Price Gouging, Resolves N10bn Complaints
Telecom2 days agoVDT Communications Achieves Two Prestigious Certifications ISO /IEC 27001:2022, ISO/IEC 27032:2023 Reinforcing its Leadership in Broadband Service Provision













