Browsing Category
Industry Analysis
228 posts
Technext industry analysis helps you see beyond the headlines by following the news behind the news, following through, revealing what is in-between and pointing out what is evident but not glaring.
$45 million was lost to crypto rug pull in May, outpacing DeFi exploits
The crypto scene has had a lot of ups and down since its coming of age, but a…
5 African countries pledged to uphold free internet in 2021 but broke that promise
The Nigerian Communications Commission (NCC), in a tweet Thursday, June 1, said that 150 million Nigerians have access…
Metaverse virtual properties have seen over 90% decline in the past year; is the fad finally fading?
A while ago, the Metaverse was heralded as the next digital frontier. However, the once-celebrated virtual reality faces…
Hollywood movies dominate Nigerian cinemas, what does this mean for Nollywood?
The last three months [March, April, and May] have shown that the cinema culture in Nigeria favours Hollywood…
African Fintech is projected to generate $65 billion with a 32% CAGR by 2030, but certain issues must be addressed
Although African Fintech is expected to have a 32% CAGR by 2030, there are still some challenges that…
MTN loses over 1m subscribers as Nigeria’s broadband penetration drops by 0.28%
As per the recent figures released by the Nigeria Communications Commission (NCC), Nigeria’s broadband penetration dropped by 0.28%,…
84.5% of Nigerians negatively affected by CBN’s Naira redesign policy, with youths bearing the brunt- SBM report
An outstanding 84.5% of Nigerians were negatively affected by the Central Bank of Nigeria’s Naira redesign policy. This…
“Women cannot ‘drive fast’, fight agbero, and avoid police drama;” Only 12.5% of Nigerians prefer female drivers when using ride-hailing services
Majority believe that men are inherently "better drivers" and "have the road under control", unlike their female counterparts who are considered "too slow".
Mobile money account ownership in Nigeria grows by 6% despite various concerns
The mobile money market in Nigeria is expected to grow at a rapid pace in 2023, with a projected CAGR of 29.3% during 2023-2028.
How African digital creators are leading job growth and economic progress in 2023
66.9% of digital creators hire one staff or more in the first six months of their journey