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 Financial

First Nigeria Fintech Marketing Report Exposes How to Acquire, Retain Customers & Achieve Long-Term Growth

AMA PRESS RELEASE The Africa Fintech Summit (AFTS) releases its insightful “Nigeria Fintech Marketing Outlook 2024” report, shedding light on the current state and future direction of marketing strategies within the nation’s booming fintech industry. Since 2017, the Africa Fintech Summit has led trade missions, bilateral partnerships, ecosystem tours, investment initiatives, and launches with startups, […]

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AI & Computing

AI Cybersecurity Market to Quadruple Hitting $133bn  by 2030

Last year, the average data breach cost for an organization not using AI-enabled cybersecurity was $4.45 million. This value was 40% or $1.8 million lower for companies that did. The rising number of companies and organizations using AI-boosted cybersecurity systems has given quite a momentum to this market, which is expected to snowball in the […]

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Hyperspace's founder and CEO, Oluseyi Akindeinde.
 Business

Hyperspace Technologies Set to Grab Huge Chunk of Nigeria’s Digital Assets Market with Unveiling of Three Products

Nigerian Hyperspace Technologies, a blockchain and web3 technology company, has launched three new solutions to address digital asset security: the Keymaster VAULT, cipherKEY tap2sign, and cipherCHIP tap2verify. The Keymaster VAULT is a card-based hardware wallet designed for crypto currency holders and those who own digital assets and non-fungible tokens. While the cipherKEY tap2sign is another […]

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Business

Nigerian GenZ Entrepreneur, Kenneth Uche Makes List of UK University £100,000 Research Award

Kenneth Uche, 28 entrepreneur who is providing affordable, eco-friendly cooking solutions for millions of Nigerians is on the list of finalist for a research award worth £100,000. The Just IMAGINE If… award, held every two years, invites forward thinkers to submit their sustainable business ideas for evaluation by renowned entrepreneurs and social innovators. The winner […]

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Telecoms

Roaming Subscribers to Reach 1.25 Billion Globally in 2024, Surpassing Pre-pandemic Levels

The number of active retail roaming subscribers will reach 1.25 billion globally by the end of 2024, and will rise to 1.6 billion by 2028. It identified the increasing number of roaming subscribers using 5G networks as a key challenge for operators to fully monetise roaming activities. A new study from Juniper Research, said that 5G […]

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Business

Telecoms Operators Restore Voice, Data Services After Major Undersea Cable Cut 

Following the disruption on March 14, 2024, which affected data and voice services due to cuts in undersea fibre optics along the coasts of Cote d’Ivoire and Senegal, we are pleased to announce that services have now been restored to approximately 90% of their peak utilization capacities.  A statement from the Nigerian Communications Commission, said […]

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Adaora Umeoji is the bank’s first female CEO in its 34-year-history. Photo: Zenith Bank.
 Business

First Female GMD of Zenith Bank, Adaora Umeoji Holds 30 Years Banking Experience

The newly appointed first female Group Managing Director/Chief Executive, Zenith Bank, Dr Adaora Umeoji has about 30 years banking experience. However, her appointment, subject to the approval of the Central Bank of Nigeria, takes effect from June 1, 2024, according to the bank. “She takes over from Dr. Ebenezer Onyeagwu, whose five-year term expires on […]

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News

NCC Boss Cautions AI Developers on Transparency About Data, Algorithms, and Models Used in AI Systems

While the country marks the World Consumer Day last week, the Nigerian Communication Commission (NCC), took time to warn AI Developers of the need to be transparent about the data, algorithms, and models used in AI systems stating that this ensures that decisions made by AI can be explained and mistakes can be fixed to […]

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Business

NIMC, NCC Take Bold Steps to End Nigerian’s NIM-SIM Link Pains, Mull New Policy Framework

The National Identity Management Commission (NIMC) and the Nigerian Communications Commission (NCC) are rejigging National Identification Number (NIN) SIM linkage through a strategic collaboration aimed the enhancing processes. Under this collaboration, NIMC and NCC will work closely to explore synergies and leverage each other’s expertise and resources such as streamlining the NIN-SIM Linkage Process: NIMC […]

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Business

Moove Unveils ‘N500m Moove Cares Program’ for All Customers in Nigeria

AMA PRESS RELEASE Mobility fintech platform, Moove has launched its ‘Moove Cares’ program, introducing a substantial support package aimed at mitigating the adverse effects of ongoing inflationary prices in Nigeria. Recognising the challenges posed by rising fuel prices for its customers managing their businesses and the additional burden of inflationary food prices on household budgets, […]

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