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Nigeria Ranks 137th in ICT Development Index

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ICT
  • Nigeria Ranks 137th in ICT Development Index

It appears there has not been any significant upward shift in Information and Communications Technology (ICT) development in Nigeria as the country ranked 137th out of 175th countries surveyed on technology growth in 2016.

According to the International Telecommunications Union (ITU) in its ‘Measuring the Information Society’ report on ICT Development Index (IDI) made available to The Guardian on Monday, Nigeria, which ranked 137th last year still remained on the same spot in 2016. Though, the IDI in 2015 was 2.48 per cent, which slightly climbed to 2.72 in the outgoing year.

The IDI is an index published by the United Nations, International Telecommunication Union (ITU), based on internationally agreed information and communication technologies (ICT) indicators. The IDI is based on 11 ICT indicators, grouped in three clusters: access, use and skills.

According to the report, South Korea, which ranked number one in 2015, with 8.78 per cent IDI penetration maintained the same position in 2016, even with higher IDI of 8.84 per cent penetration.

The other nine countries in the top 10 ranking are:
· Iceland (8.83 per cent);
· Denmark (8.74 per cent);
· Switzerland (8.68 per cent);
· United Kingdom (8.57 per cent);
· Hong Kong (8.46 per cent);
· Sweden (8.45 per cent);
· Netherland (8.43 per cent);
· Norway (8.42 per cent); and,
· Japan (8.37 per cent).

The United States of America is ranked 15th with 8.17 per cent penetration.

With Seychelles ranking 87th and 5.03 IDI penetration from 85th position and 4.77 per cent in 2015, the country leads other African countries. South Africa is next with 5.03 per cent and 88th position from 4.70 per cent in 2015.Tunisia is next. It had a slight IDI growth of 4.83 per cent in 2016 from 4.49 per cent it had in 2015, which placed it at 95th position.

Commenting, the Director Telecommunication Development Bureau (BDT), ITU, Brahima Sanou, said this year’s results showed that nearly all of the 175 countries covered by the index improved their IDI values between 2015 and 2016.

He stressed that during the same period, stronger improvements were made on ICT use than access, mainly as a result of strong growth in mobile-broadband uptake globally.

This, he said, allowed an increasing number of people, particular from the developing world, to join the information society and benefit from the many services and applications provided through the Internet.

“This year, for the first time, the report also shows countries’ rankings according to their improvement in IDI value. The results show strong improvements in performance throughout the world; a number of middle income developing countries in particular are reaping the benefits of more liberalised and competitive ICT markets that encourage innovation and ICT uptake across all sectors,” he stated.

He explained that despite these encouraging developments, there is need to focus on the countries that are among the least connected in the world, “urgent action is required to address this persistent digital divide if we want to achieve the Sustainable Development Goals (SDGs) enshrined in the 2030 Agenda for Sustainable Development. For example, the report shows that in some low-income countries, between 20 and 40 per cent of people still do not own a mobile phone and that the gender gap in mobile phone ownership is substantially higher.”

The report observed that there is a strong association between economic and ICT development, with the least developed countries at a particular disadvantage.

According to it, the average IDI value for developed countries (7.40) is 3.33 points higher than that for developing countries (4.07), although developing countries improved their IDI value more than developed countries.

There is also a strong association between the least connected countries, countries that are in the bottom quartile of the IDI 2016 distribution, and least developed countries. Indeed, the bottom 27 countries are all least developed countries, and the gap in IDI values between these countries and higher-performing developing countries continues to widen.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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Telecommunications

Lagos Residents Frustrated by Rapid Data Drain, Call for NCC Action

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Telecommunications - Investors King

Lagos residents are expressing increasing frustration over what they describe as the rapid depletion of their data bundles.

Many subscribers are now calling on the Nigerian Communications Commission (NCC) to address their concerns as they suspect changes in billing practices by telecommunication providers.

Numerous subscribers have reported that their data does not last as long as it used to. A Lagos-based teacher, Mrs. Nafidah Zaynab, shared her experience, stating that a N2,000 data bundle, which previously lasted almost a month, now depletes within just a few days.

This sentiment is echoed by many, including Idowu Anabili, a trader who has reduced his data usage due to rising costs.

Abdullahi Yunus, who runs a café, noted a significant increase in his data expenses, spending between N70,000 and N100,000 monthly, up from N30,000. He attributes this spike to faster data consumption.

Telecom operators deny any wrongdoing, attributing the faster data consumption to increased usage by subscribers.

An anonymous official from MTN explained that the variety of activities performed on smartphones has increased, leading to faster data usage.

Airtel Nigeria’s spokesperson, Mr. Femi Adeniran, suggested that background apps and high-definition streaming contribute to the issue.

Despite complaints, operators assert they have not officially increased data prices. They emphasize that automatic app updates and other technical factors may be responsible for the perceived quick depletion.

Experts suggest that the challenging economic climate may be pressuring telecom companies to subtly reduce data value.

The industry has reported a 43% rise in operational costs, although no formal tariff hikes have been announced.

The NCC has clarified that it has not authorized any increase in data tariffs. The commission highlights technical factors like automatic video play and app updates as potential causes for quick data depletion.

In a bid to assist consumers, the NCC has advised turning on data saver modes and managing app updates to conserve data.

To combat the issue, Mobile Network Operators (MNOs) have initiated a campaign to educate consumers on optimizing their data usage.

They recommend practices such as disabling automatic updates and closing unused apps.

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Social Media

Meta Shuts Down 63,000 Nigerian Accounts in Sextortion Crackdown

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Facebook Meta

In a significant move to combat online crime, Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, has removed 63,000 accounts in Nigeria linked to sextortion scams.

This sweeping action is part of Meta’s ongoing effort to address the growing threat of digital extortion on its platforms.

Unmasking the Scammers

The crackdown, which took place at the end of May, targeted accounts engaged in blackmail schemes.

These scammers posed as young women to coerce individuals into sharing intimate photos, which were then used to extort money from the victims.

The removal follows a Bloomberg Businessweek exposé highlighting the rise of such crimes, particularly affecting teenagers in the United States.

The Global Impact

The U.S. Federal Bureau of Investigation (FBI) has identified sextortion as one of the fastest-growing crimes targeting minors.

The schemes often lead to severe consequences, including the tragic suicides of more than two dozen teens.

In one high-profile case, the death of 17-year-old Jordan DeMay in Michigan led to the arrest of suspects traced back to Lagos, Nigeria.

The Role of the Yahoo Boys

Many of the dismantled accounts were linked to the “Yahoo Boys,” a notorious group known for orchestrating various online scams.

These individuals have been using social media to recruit and train new scammers, sharing blackmail scripts and fake account guides.

Meta’s Response

Meta’s spokesperson emphasized the company’s commitment to user safety, stating, “Financial sextortion is a horrific crime that can have devastating consequences.”

The company is continually improving its defenses and has reported offenders targeting minors to the National Center for Missing & Exploited Children.

To enhance protection, Meta has implemented stricter messaging settings for teen accounts and safety notices regarding sextortion.

They are also employing technology to blur potentially harmful images shared with minors.

Ongoing Efforts

Meta’s actions highlight the complex and evolving nature of online crime. The company has pledged to remain vigilant, adapting its strategies to counter new threats as they emerge.

“This is an adversarial space where criminals evolve to evade our defenses,” Meta noted.

Looking Forward

As digital platforms continue to grapple with issues of privacy and security, Meta’s recent actions demonstrate a proactive stance in safeguarding users.

By dismantling these networks, the company aims to reduce the prevalence of sextortion and foster a safer online environment for all.

The crackdown serves as a reminder of the need for continued vigilance and collaboration between tech companies and law enforcement to protect individuals from the harmful effects of digital exploitation.

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Fintech

Flutterwave Celebrates Inclusion in CNBC’s Top 250 Global Fintechs

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Flutterwave has been recognized as one of the Top 250 Fintech companies globally by CNBC and Statista.

Joining the ranks of industry giants like Ali Pay, Klarna, Piggyvest, and Mastercard, this accolade underscores Flutterwave’s impact on the financial technology sector.

This honor follows Flutterwave’s recent inclusion in Fast Company’s Most Innovative Companies list, highlighting the company’s pivotal role in transforming Africa’s payment landscape.

The recognition is a testament to Flutterwave’s dedication to innovation and excellence in providing seamless payment solutions across the continent.

Expressing gratitude, Flutterwave acknowledged its talented team, supportive board, reliable partners, and loyal customers for contributing to this success.

The company continues to drive progress in the fintech industry, reinforcing its commitment to enhancing financial accessibility and inclusion in Africa and beyond.

Flutterwave’s recognition on these prestigious lists marks a proud moment and a significant milestone in its journey, reflecting the company’s growing influence and leadership in the global fintech arena.

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