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Business

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Chowdeck Partners MyCoverGenius to Set New Standard for Rider Protection in Nigeria

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ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

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Governors, NCC Set for Broadband Awareness Forum Oct 20

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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

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NGX RegCo Issues Advisory on Recent Price Movements, Urges Informed Trading

NGX Regulation Limited (NGX RegCo), the independent regulatory arm...

Stanbic IBTC Nominees Celebrates 30 Years of Trust with Landmark Gala Event

Stanbic IBTC Nominees Limited marked a significant milestone on...

Insurance

Guinea Insurance Holds Signing Ceremony for N5.8bn Rights Issue

Mrs. Chioma Okigbo (Non-Executive Director), Mr. Samuel Onukwue (Non-Executive Director), Mr....

Leadway Group Launches ‘Lead Forward’ Initiative to Deepen Financial Literacy Among NYSC Corps Members 

Leadway Group, Nigeria's non-banking financial services group, has unveiled...

NAICOM: 20 Insurance Firms Seek Capital Verification Ahead July 31 Recapitalisation Deadline

The National Insurance Commission (NAICOM) says 20 operators in...

emPLE Partners Lagos State, Bastion Health for International Women’s Day “emPOWERHer” Health Drive

emPLE, one of Nigeria’s rapidly growing insurance companies, has...

SanlamAllianz Nigeria Pays over ₦77bn in 2025 Claims, Reinforces Financial Strength, Customer Trust

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Business

‘Winning with Strategic Communications’ Launch, Targets Real-World Impact

Godfrey Adejumoh, a seasoned top-performing Global Business Communications Strategist...

Chowdeck Partners MyCoverGenius to Set New Standard for Rider Protection in Nigeria

Chowdeck, Africa’s leading on-demand delivery platform, has partnered with...

Tinubu Hails Nigeria-UAE Partnership as BUA Signs MoU with Abu Dhabi Ports, Mair Group

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Tinubu Hails BOI on N636bn Loan Disbursement to Businesses in 2025

President Bola Ahmed Tinubu has commended the Bank of...

Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

P + Measurement Services, Nigeria’s leading independent media intelligence...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

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NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

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NGX RegCo Issues Advisory on Recent Price Movements, Urges Informed Trading

NGX Regulation Limited (NGX RegCo), the independent regulatory arm...

Stanbic IBTC Nominees Celebrates 30 Years of Trust with Landmark Gala Event

Stanbic IBTC Nominees Limited marked a significant milestone on...

Insurance

Guinea Insurance Holds Signing Ceremony for N5.8bn Rights Issue

Mrs. Chioma Okigbo (Non-Executive Director), Mr. Samuel Onukwue (Non-Executive Director), Mr....

Leadway Group Launches ‘Lead Forward’ Initiative to Deepen Financial Literacy Among NYSC Corps Members 

Leadway Group, Nigeria's non-banking financial services group, has unveiled...

NAICOM: 20 Insurance Firms Seek Capital Verification Ahead July 31 Recapitalisation Deadline

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emPLE Partners Lagos State, Bastion Health for International Women’s Day “emPOWERHer” Health Drive

emPLE, one of Nigeria’s rapidly growing insurance companies, has...

SanlamAllianz Nigeria Pays over ₦77bn in 2025 Claims, Reinforces Financial Strength, Customer Trust

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ITU Targets $100bn Funding by 2026 to Accelerate Global Digitalisation

The International Telecommunication Union (ITU) has issued a worldwide appeal calling to increase the value of pledges for digitalising the world from the current $30 billion to $100 billion by 2026.

The appeal by the United Nations specialised agency for information and communication technologies includes a focus on raising the level of resources for universal and meaningful connectivity and digital transformation in the world’s least developed countries (LDCs).

The announcement of the target was made on World Telecommunication and Information Society Day, observed annually to mark the signing of the first International Telegraph Convention and ITU’s founding in 1865.

“Tech is at the top of the global agenda, but the benefits of digital technology are still out of reach for too many people,” said ITU Secretary-General Doreen Bogdan-Martin. “If we are serious about digitalizing the world in a way that is meaningful and sustainable, we must take action to accelerate digital transformation for everyone.”

In 2023, ITU’s anniversary is focused on empowering the least developed countries through information and communication technologies using the Partner2Connect Digital Coalition and its online pledging platform.

The ITU appeal to the public and private sectors encompasses a campaign launched in February 2022 by Partner2Connect to mobilise direct funding or other contributions for connectivity projects in countries registering the lowest on development. Of the $30 billion already pledged overall, Partner2Connect has identified commitments worth $12 billion to bring the LDCs online as quickly as possible.

The United Nations defines LDCs as countries that have low levels of income and face severe structural impediments to sustainable development. The call for resources, which comes as the UN strives to rescue its Sustainable Development Goals (SDGs) by 2030, stresses the need for the globe’s digital transformation to be environmentally friendly.

“The digital revolution is a defining force of our era,” said United Nations Secretary-General António Guterres. “As the Internet becomes ever more central to value creation and innovation, least developed countries risk falling further behind. We must dramatically improve accessibility and inclusivity and eliminate the digital divide.”

According to ITU data, 2.7 billion people worldwide were offline in 2022. The digital connectivity divide separating the least developed countries from the rest of the world is widening on key factors such as access, digital skills and affordability.

Though the globe’s 46 least developed countries are home to almost one-third of the world’s offline population, the Internet is considered to be affordable in only two of those countries.

At the event marking ITU’s anniversary in Geneva, ITU Secretary-General Bogdan-Martin announced SDG Digital Day, scheduled for 17 September in New York in advance of the UN SDG Summit to review the 17 Sustainable Development Goals.

The SDG Digital Day, powered by ITU on behalf of the UN system, will showcase high-impact, sustainable, digitally based solutions that have a game-changing potential to accelerate progress on the SDGs.

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Topics

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