2 days ago · American technology company IBM has ended its operations in Nigeria, Ghana, and other key African markets, transferring its regional functions to MIBB, a subsidiary of Midis Group, a multinational IT and telecommunications conglomerate operating across Europe, the Middle East, and Africa. This move comes as part of a new operating model that IBM will implement in select African countries ...

2 days ago · IBM ceases operations in 36 African countries, including Nigeria and Ghana. MIBB, a subsidiary of the Midis Group, will take over marketing and selling IBM's products in these regions. IBM had operated in Nigeria for over 50 years, shaping the …

1 day ago · IBM software to be sold by another company in Nigeria Photo credit: FlamingoImages Source: Getty Images IBM clarifies exit plan. Clarifying further, IBM stated the new model is a strategic step towards improving customer experiences and supporting partners' sustained success, Punch reports.

1 day ago · Nigeria has hosted all five of IBM’s main business divisions ( services, hardware, software, finance, and consulting. IBM is one of the latest international companies to exit the Nigerian ...

2 days ago · IBM’s legacy in Nigeria is undeniable. Since its establishment in 1963, the company has played a pivotal role in shaping the country’s digital landscape. From setting up an educational centre at the University of Ibadan to providing critical infrastructure and consulting services across sectors such as education, banking, and ...

1 day ago · IBM has had a significant presence in Nigeria for over five decades, playing a crucial role in the country’s technology landscape. The company provided infrastructure and consulting services to key sectors, including banking, telecommunications, oil and gas, and government. Its high-end storage and computing solutions were especially popular ...

2 days ago · IBM also posted a net income of 2.92 billion USD in the fourth quarter and projected at least a 5% revenue growth in 2025, supported by an expected free cash flow of 13.5 billion USD.

2 days ago · The company’s presence in Nigeria spans over 50 years, but this marks the twilight of the present period. In the 1960s, IBM helped to set up an educational centre at the University of Ibadan ...

1 day ago · Global technology giant IBM has responded to speculation about its potential exit from Nigeria, stating that it will transition to an "alternative operating model" in select African countries.

2 days ago · IBM, an American technology company, is exiting Nigeria, Ghana, and other key African markets, transferring its regional functions to a third-party company.. The company joins a growing list of technology companies exiting or reducing their presence in Nigeria. In 2024, Meta and Microsoft reduced their physical presence in the country, scaling back their office spaces and transitioning to desk ...