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Category: Business

Up to date Information Technology, Inspirational, News and Business Ideas

Naira at lowest level in 43 years, now N305/dollar.

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Naira at lowest level in 43 years, now N305/dollar.

As stock market losses peak at N1.2 trillion Market capitalization down by 12.36 per cent The Naira depreciated further to a 43-year low at N305 per dollar as scarcity of dollars intensified in the unofficial market. From an average of N287 per dollar on Tuesday, the parallel market exchange rate rose to an average of […]

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IT Investments In Nigeria To Top $5.3bn In 2016

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IT Investments In Nigeria To Top $5.3bn In 2016

Information technology (IT) spending in Nigeria will top $5.3 billion in 2016 as organisations increasingly embrace digital transformation initiatives in a bid to streamline their costs and bolster flexibility according to technology research and consulting services firm, International Data Corporation (IDC). Mark Walker, IDC’s associate vice president for Sub-Saharan Africa speaking in Lagos at an […]

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