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10 Reasons Why Your Business Needs Cloud Server

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10 Reasons Why Your Business Needs Cloud Server

What Is Cloud Hosting or Server?

Traditional web hosting places all your website resources on a single server. That server may be fully dedicated to your site’s assets (dedicated hosting services), or host several websites simultaneously (shared hosting services). The problem with shared and dedicated hosting is that if the server goes down or encounters a hack, your website will be negatively impacted and could go down altogether.

Cloud hosting uses a network of servers to host your website and data. Should one server experience a failure of any kind, another server steps in to assure your website is secure and available to all those who want to access it.

How Does Cloud Hosting Work?

In the cloud, a pool of servers share resources, including CPU, RAM and storage, which exponentially increases the flexibility and scalability you can achieve. Redundancy is built into cloud hosting, which means the chances of your website going down—or performing below acceptable performance standards because of a hardware issue—diminish considerably.

Some cloud hosting providers even offer a 99.999% or greater uptime guarantee, which translates to less than six minutes of downtime per year.

Top 10 Benefits of Cloud Hosting

Choosing cloud hosting over dedicated or shared hosting services has several benefits. Here are the 10 top benefits of cloud hosting:

 1. Increased security: Your files are available on several servers and not stored in a single vulnerable location.

2. Scalability: Since you are no longer confined to one server, there is no limit to how you can scale and expand your website or websites.

3. Reliability: Most cloud hosting providers guarantee exceptional uptime—often 99.999%.

4. Flexibility: Choose the resource capacity and features you need rather than being stuck with pricey capabilities you don’t need.

5. Speed: Cloud server providers are known for delivering superfast site loading speeds.

6. Affordability: There are cloud hosting plans on the market for just about any budget.

7. Easy website setup: Cloud hosting deployment is relatively straightforward, and most providers offer site migration assistance.

8. Better user experience: A fast-loading website makes for a great experience for your site visitors.

9. Redundant servers: Should one cloud server fail, another server ensures your site remains accessible.

10. Disaster recovery: In the event of data loss due to unavoidable circumstances—such as natural disasters or a destructive security breach—top-notch cloud hosts provide exemplary recovery processes.

Disadvantages of Cloud Hosting

Cloud hosting costs more than shared hosting, so it’s not a good fit for those on a shoestring budget. Also, cloud hosting is internet-dependent; thus, if the internet goes down, you will not have access to your data during the internet outage.

Cloud hosting does not protect you entirely from cyberattacks; however, since you’re not dependent on a single location for data storage, cloud hosting can help make those attacks less impactful.

The most significant disadvantage of cloud hosting is that you are completely dependent on your hosting service provider. This is why it’s so important to go with a reliable provider that has a solid reputation for quality, security and delivering on its promises.

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Top 10 States With The Highest Number Of Internet Users In Nigeria

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The digital landscape in Nigeria has seen significant growth over the years, with more citizens gaining access to the internet.

This has been largely driven by improved telecommunications infrastructure, affordable mobile devices, and the growing digital awareness among the population.

As of the fourth quarter of 2023, data on internet usage across the country reveals fascinating insights into which states are leading in digital connectivity.

According to the data released by the National Bureau of Statistics (NBS) internet subscriptions in the country stood at 163.8 million at the end of 2023.

Based on the NBS data, here are the top 10 states with the highest number of internet users in Nigeria as of Q4 2024:

10. Delta (4.4 million)

Rounding off the list is Delta State, with 4.4 million internet users. Known for its oil production, Delta is also making strides in the digital world, contributing to the diverse landscape of internet users in Nigeria.

9. Katsina (4.6 million

Katsina State, with 4.6 million internet users, is another northern state on the list, showcasing the expanding reach of digital connectivity beyond Nigeria’s major urban centers.

This growth is a testament to the increasing awareness and adoption of digital technologies in the state.

8. Adamawa (5.4 million)
Adamawa State stands out in the northeastern region with 5.4 million internet users. Despite facing challenges, the state is making significant progress in digital inclusion, bridging the digital divide in the region.

7. Rivers (5.6 million)
Rivers State, with its capital in Port Harcourt, is not just an oil-rich state but also a burgeoning center for technology and innovation in the southern part of Nigeria, with 5.6 million internet users.

The state’s efforts in leveraging digital technology for economic development are evident in its internet usage figures.

6. FCT (5.8 million)
The FCT, encompassing Nigeria’s capital, Abuja, boasts 5.8 million internet users. As the administrative and political heart of Nigeria, it’s no surprise that the FCT is among the leaders in digital connectivity, with many government and private sector initiatives pushing for greater internet penetration.

5. Kaduna (7.4 million)

Kaduna State is another northern state making waves in the digital world, with 7.4 million internet users. The state has been proactive in embracing technology, aiming to become a northern tech hub, which is reflected in its growing internet user base.

4. Oyo (8.4 million)
Oyo State, known for its rich cultural heritage, is also making strides in digital engagement with 8.4 million internet users. Its capital, Ibadan, is becoming a significant tech cluster, fostering digital education and innovation.

3. Kano (9 million)
Kano, one of the largest cities in Nigeria’s northern region, comes in third with 9 million internet users. The state has historically been a center of commerce and trade, and its adaptation to digital transformation has been commendable, making it a leading state in the north for internet usage.

2. Ogun (9.5 million)
Following Lagos is Ogun State, with 9.5 million internet users. Ogun’s strategic position as a neighbor to Lagos and its efforts in improving its ICT infrastructure have made it an emerging center for technology and industrialization, attracting more people to the digital space.

1. Lagos (18.9 million)
Topping the chart is Lagos, the commercial hub of Nigeria, boasting an impressive 18.9 million internet users. The state’s advanced infrastructure, coupled with its status as a business and tech hub, significantly contributes to its high internet usage.

Lagos is not only the most populous city in Nigeria but also a melting pot of cultures and businesses, making it a hotspot for digital activities.

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El-Rufai Launches $100 Million Afri-Venture Capital Company

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Nasir El-Rufai may no longer be the Kaduna State governor and has missed a controversial ministerial appointment, but he certainly has not lost his zest for taking on big projects. The former governor is going into the private sector with a loud statement.

El-Rufai plans to launch a $100 million venture capital fund for startups in Nigeria, particularly those in the Kaduna tech ecosystem. He plans to match his ambitions with actions. He is willing to stake $2 million of his money for the offtake of the fund. He plans to convince investors to provide the remaining funding. The investors will mostly be those “who believe in us but don’t have the capacity or the time to do the analysis and evaluation. But they trust our judgment and they will come with us.”

He was in Marrakech in November for the Africa Investment Forum where he spoke to BusinessDay.

The former governor who played a significant role in the emergence of the current Nigerian president as the party’s candidate, seems to have put his disappointments behind him.

In Marrakech, there was no trace of the man who became the target of much social media trolling. The El-Rufai that showed up in Marrakech was looking spritely and took part in all the sessions of the Africa Investment Forum, a multi-stakeholder, multi-disciplinary platform with the vision to channel capital towards critical sectors to achieve the Sustainable Development Goals, the African Development Bank’s High 5s, and the African Union’s Agenda 2063.

According to him, he wants to set up a venture capital fund or private equity that will invest in young Nigerians with innovative ideas. It doesn’t matter what segment of the economy the ideas are. It could be in agriculture. ICT or the creative industry, so long as it has the potential to add value to the world, these are the ideas that El-Rufai and his fund will target.

During his tenure as governor of Kaduna, El-Rufai said he met many students in Kaduna who had great ideas and were creating innovations. However, many of them did not have someone to mentor them and help those ideas grow.

“What young people need is essentially mentoring and financing to get things going. They develop the idea and see whether it is viable. And we will open doors for them because they don’t have contact. They don’t know or have access to ministers, presidents, or regulatory agencies. We do. We know the minefields that they have to navigate. We know that they need to give them appointments and we can provide them with the startup funding and in return we take an equity position.

We don’t want to take your business; we want to develop it. But if we take the risk on you, we will take a percentage of the business,” El-Rufai said.
He is working with select private sector partners, including Eyo Ekpo, co-founder of Excredite Consulting Limited, and their primary focus is on Nigeria but the ambition is Africa because he projects from a report that Africa will be supplying the world with a significant portion of the workforce it needs by 2050.

According to a report by the Guardian, by 2050, Africa’s population is expected to reach 2.5 billion, which is about 25 percent of the world’s population.

El-Rufai says such projections call for more investments in the younger demographic. However, his fund will not just be focusing on new startups, there is also a plan to engage established companies with management problems that are still viable. The VC fund will invest in such companies, get them sorted out and take them to exit.

“We don’t intend to remain in any business. We want to catalyse growth in these startups,” he said.

One of the goals of being at the African Investment Conference was to seek continental partnerships, and investors and to explore opportunities with climate-focused investors.

“Nigeria has a lot to offer Africa and the world. Our population, entrepreneurial capability, the innovation of our young people and their boldness and courage to find success. We just felt that we have a duty to encourage,” he said.

The first fund will be investing for three to four years. The fund is expected to launch early next year and the company will be headquartered in Abuja. This is to diversify the funding beyond Lagos because there is already a lot of interest in funding innovation in Lagos. El-Rufai and his partners want to spur startup funding interest in ecosystems in Kaduna, Abuja and other parts of the country.

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