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Industry Analysis
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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.
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
Africa leads the way as the global mobile money market records $1.26trn in transactions
Over the last ten years, mobile money has gone from being a specialised service in a few markets…
Africa records the lowest YoY funding in April 2023
2023 was going to be a tough year for the tech space regarding funding, no doubt. On the…
“$23.6M investment, 283 titles, 3 originals,” the influence of Netflix on Nigeria’s movie industry
Netflix has published a report outlining its significant socio-economic involvement on the African continent just six years after…
Samsung leads smartphone market as iPhone 14 helps Apple maintain second spot
...as global smartphone market experienced a fifth consecutive quarter of decline, falling by 12% year-on-year in Q1 2023
Nigerian wallets weep as unresolved failed transactions hit 40%
Nigeria has a booming economy driven by a robust banking sector. However, the country’s financial system is not…
