Business Transformation

Fangs! Vampire power, also known as standby power or phantom power, refers to the electricity consumed by electronic devices even when they are not actively in use. This wasted energy can add up quickly, leading to higher electricity bills and unnecessary strain on the environment.

Vesper.Africa, an AI-powered platform, is addressing these challenges by offering a suite of data-driven real estate products that are designed to provide investors with the insights they need to make informed investment decisions.

just discussing the growing importance of data-driven systems in the African real estate industry, particularly in operational real estate, as a means of improving efficiency and transparency.

VAMP Fi could provide a cost-effective solution to the non-functionality of boreholes in Nigeria by empowering in-house total facilities management service. The platform offers features such as asset management, energy performance, building maintenance, and data analysis, which could help in managing and maintaining water infrastructure.

Several factors make it difficult for most Nigerians to access mortgages and own homes. These factors include high-interest rates, low wages, corruption, and lack of a mortgage funder in the industry. In Nigeria, mortgage interest rates can be as high as 17% or even 16%, making it unaffordable for many potential homebuyers. The mortgage industry in Nigeria is also different from that in the Western world, with mortgage brokers and servicers playing roles that mortgage funders typically handle overseas. Additionally, systemic corruption in both the private and public sectors in Nigeria has further complicated the process of obtaining mortgages, including government-funded mortgage schemes.

This article explores how smart contracts can address the challenges of the land registration system in Lagos State, Nigeria. It highlights the issues of incompetence, corruption, lengthy processing times, and policy changes that hinder property transactions. By leveraging blockchain technology, smart contracts offer competence, transparency, and streamlined processing times.

It is essential to recognize the consequences of planned obsolescence and strive to dispel this culture in order to build a brighter and more resilient future for Nigeria's infrastructure.