Innovation
Nigeria considers Cross-border partnership with Sierra Leone
The Director General of the National Information Technology Development Agency (NITDA) Kashifu Inuwa Abdullahi CCIE,in Nigeria has pledged to work closely with Ms. Salima Bah, Sierra Leone’s Minister of Communications, Technology, and Innovations, in order to put into action the “Forge Strategic Partnerships and Collaboration” pillar included in the Strategic Roadmap and Action Plan (SRAP […]
Felicia AkindurodoyeNigeria begins selection of learning community Managers for 3MTT
The Federal Ministry of Communications, Innovation & Digital Economy in Nigeria is pleased to announce the 3MTT Community Managers for each of Nigeria’s 36 states and the Federal Capital Territory (FCT). This announcement follows the announcement of the N1 billion partnership with IHS Nigeria to support the 3MTT Learning Community. Our efforts to empower Nigeria’s […]
Felicia AkindurodoyeMore Nigerians are joining the technology sector
There has been an ongoing explosion in the number of Nigerians employed by tech companies as seen in GitHub. A total of 872,162 software developers were employed in the nation in 2023, an increase of 45.62% from the previous year. In its developer account count, the platform made it clear that it does not include […]
Felicia AkindurodoyeVisa Accelerator Program fuels African fintech, startups growth
Visa‘s Accelerator Program has opened doors for business across Africa’s fintech landscape, positioning them for sustainable growth and impact. Over 12 weeks, this initiative has played a pivotal role in nurturing and empowering startups across the continent, facilitating connections, and fostering innovation. Visa Africa Fintech Accelerator Program The Visa Africa Fintech Accelerator program, conducted virtually, […]
Ibukunoluwa Josephine BankoleAirtel launches Telesonic fibre for Digital Africa
To meet the rising demand for wholesale data in Africa, Airtel Africa is launching Telesonic, a state-of-the-art fibre bandwidth service that uses ground fibre assets and submarine cable systems. Telesonic seeks to establish local organisations in major African markets to ease wholesale business management and operations. It should improve quality of life and boost economic […]
Modupeoluwa OlalereMDP appoints Molla as Managing Director, MDP Africa
MDP, the leading card and payment processing enterprise in the Middle East and Africa, has appointed Frank Molla as the Managing Director of MDP Africa. In this capacity, Molla will oversee initiatives to support MDP’s expansion and look at regional prospects for collaboration and growth throughout the African continent. His focus will be on enhancing […]
Ibukunoluwa Josephine Bankole2Africa, the largest subsea cable lands in Nigeria
The 45,000 km subsea 2Africa cable will land in Accra, Ghana, and Lagos, Nigeria, by Bayobab, the wholesale infrastructure company of MTN Group, in February 2024. Currently under development is the largest subsea cable project in the world, a 2Africa consortium that includes Bayobab, center3, China Mobile International, Meta, Orange, Telecom Egypt, Vodafone Group, And […]
Felicia AkindurodoyeNCC set to tackle e-fraud and data breaches
In an era dominated by digital transactions and online communication, the threat of e-fraud and data breaches looms large. To safeguard against these risks, the National Cybersecurity Center (NCC) has taken proactive measures to tackle such cyber threats head-on. This article delves into the strategies employed by the NCC to mitigate e-fraud and data breaches […]
Olumofe TemitayoNIBSS records N600 trillion e-Payment transactions in 2023
The Nigerian Inter-Bank Settlement System (NIBSS) recently reported a significant milestone in the country’s financial landscape: electronic payment transactions reaching a staggering N600 trillion in 2023. This landmark figure highlights the profound shift towards digital payment methods in Nigeria’s economy and underscores the importance of understanding the factors driving this transformation. Read also: NIBSS cuts instant […]
Olumofe TemitayoAFN, Cedar-IBSi to propel fintech Innovation across Africa, India
Africa Fintech Network (AFN) and Cedar-IBSi FinTech Lab have officially sealed a landmark Memorandum of Understanding (MoU), solidifying their partnership to nurture and fortify the burgeoning FinTech landscape bridging Africa and India. Empowering Collaboration: AFN Members Gain Access to Cedar-IBSi’s Expertise At the core of this strategic collaboration lies a commitment to mutual support, aimed […]
Ibukunoluwa Josephine BankoleFlutterwave to recover $24 million in unauthorised transactions
Nigerian fintech startup Flutterwave has obtained a Mareva injunction following a High Court ruling on February 1, enabling the company to initiate the recovery process for $24 million (₦19 billion) lost due to unauthorised transactions by Point of Sale (PoS) merchants on its platform. Read also: Flutterwave as an alternative to Shopify Background of the Ruling […]
Ibukunoluwa Josephine BankoleGoogle Gemini replaces Bard as AI’s super-platform
Google, the tech giant, has changed the name of its AI model from Bard to Gemini because it added more advanced features to compete with OpenAI’s ChatGPT. Google said it will now charge for Gemini Advanced, while Bard (Gemini) has always been free. The company says Gemini Advanced will be offered in over 150 countries […]
Modupeoluwa OlalereThe Nigerian Cryptocurrency Market: Challenges and Opportunities
Nigeria’s cryptocurrency market is very vibrant and complicated. Nigeria as a global leader in Bitcoin trading, has also reflected a lack of confidence in the established system and a need for alternate revenue streams and forms of money. This was evident as the Nigerian government outlawed cryptocurrency trading and ordered banks to suspend any accounts […]
Staff WriterUber achieves milestone profit with Increased bookings
Uber, the pioneering ride-hailing and food delivery company, has marked a significant milestone by announcing its first full-year profit. This achievement comes on the heels of a substantial rise in bookings, particularly during the last three months of 2023. Let’s delve deeper into this remarkable feat and explore the factors contributing to Uber’s success. Read […]
Olumofe TemitayoSpotify hits 600 million users worldwide
Spotify announced that it has a record 602 million users, 236 million of whom are paying audiobook members. Announcing Q4 2023 earnings on the following day, Spotify CEO Daniel Ek said this. Ek claimed the firm had a terrific quarter, hit 600 million, and made progress with audiobooks in a short video uploaded on X […]
Modupeoluwa OlalereFSB celebrates 50 years anniversary, honours SMEs
The Federation of Small Businesses (FSB) is marking its 50th anniversary by honouring the achievements and contributions of small businesses and self-employed individuals across the UK. The FSB Celebrating Small Business Awards 2024 are free to enter and open to all, regardless of whether they are FSB members or not. The deadline for applications is […]
Hauwa Ali AbdulSnapchat to reduce workforce by 10%
Snap Inc., Snapchat’s parent company, has announced a staff reduction in an effort to streamline operations and create a more agile organisational structure. A Form 8-K filing with the US Securities and Exchange Commission revealed the decision, which details plans to cut the global headcount of Snapchat’s parent company’s full-time employees by about 10%. Revealed […]
Felicia AkindurodoyeMeta introduces new features to enable teens avoid sextortion scams
Meta has announced a number of changes and initiatives meant to assist its adolescent users in the fight against sextortion on Tuesday. Notably, Meta announced that the online tool “Take It Down, run by the National Centre for Missing and Exploited Children (NCMEC) and helps fund, will now be more widely available. Along with a […]
Felicia AkindurodoyeCar without rear window debuts in the UK
The automotive industry has always been a hotbed of innovation, constantly pushing the boundaries of design and functionality. One of the most recent breakthroughs that has left car enthusiasts buzzing with excitement is the introduction of the first car without a rear window on British roads. This groundbreaking development challenges traditional design norms and opens […]
Olumofe TemitayoHow a Nigerian startup is saving lives with technology
Folake Owodunni, the co-founder and CEO of Emergency Response Africa, has a mission: to make healthcare accessible for everyone in Africa. Her startup, which provides emergency medical services using technology and a network of healthcare professionals, has been shortlisted for the Aurora Tech Award 2024, a prestigious recognition for women founders who are challenging gender […]
Hauwa Ali Abdul