The Nigerian Communications Commission (NCC) has finalized negotiations on the Counterpart Funding to INFRACOS to support the deployment of the broadband infrastructures on which the Smart Services and other emerging technologies will be hosted. The Executive Vice Chairman of the NCC, Prof. Umar Garba Danbatta who made this known at the opening session of the […]
Read MoreLEAP Africa and Union Bank have opened applications for the latest cohort of the Social Innovators Programme (SIP), a one-year fellowship for young Nigerian changemakers. Aimed at individuals aged 18-35, the SIP fellowship seeks to attract young Nigerians with innovative ideas capable of transforming local communities with high socio-economic impact. Focused on areas such as […]
Read MoreA new report from found that The cost of data breaches will rise from $3 trillion each year to over $5 trillion in 2024, an average annual growth of 11%. This will primarily be driven by increasing fines for data breaches as regulation tightens, as well as a greater proportion of business lost as enterprises […]
Read MoreThe Chartered Institute of Bankers of Nigeria (CIBN) has officially presented certificate of accreditation to the ultra-modern, state of the art Ecobank Nigeria Academy with a call to other financial institutions in the country seeking accreditation of their training school to emulate Ecobank Nigeria. Speaking at the event, CIBN President, Uche Olowu said the accreditation […]
Read MoreAfrica Finance Corporation (AFC) has approved a $230 million loan facility for 9mobile to help it attain its long-term growth plans. In a statement signed yesterday by the Executive Director, Regulatory and Corporate Affairs, Abdulrahman Ado, said the approval was by the new Board and Management of Emerging Markets Telecommunication Services Limited (EMTS), trading as […]
Read MoreStartups across Africa are launching a wide variety of solutions aimed at increasing access to payments and remittances services, but few are focusing on the security aspect. One company this is doing so is Nigerian fintech platform Vesicash. A digital escrow service, Vesicash was built to prevent digital fraud and disputes by providing payment security […]
Read MoreNigerian startup Vistafront, a tech platform that allows users to co-fund real estate projects, has raised funding from real estate investment firm Landwey in return for a 25 per cent stake. Vistafront lists vetted real estate investment opportunities for its users to fund, allowing people to invest in real estate from their mobile phones. Units […]
Read MoreAs earlier reported by the TechnologyMirror following his nomination for ministerial post, the former Director-General of Nigeria Information and Technology Development Agency, NITDA, Dr. Ali Isa Pantami from Gombe State has been sworn in as the new Communications Minister. Pantami is the second core ICT professional taking over the management of the ICT industry in […]
Read MoreFacebook Inc’s messaging service WhatsApp is in talks with multiple Indonesian digital payment firms to offer their mobile transaction services, in a bid to tap the nation’s fast growing e-commerce sector, people familiar with the matter said. Indonesia could become the second country worldwide where WhatsApp introduces such services, as it awaits regulatory approval from […]
Read MoreThe use of unique mobile identifier services, which provide identity verification through SIMs, will generate over $7 billion for mobile operators in 2024. This is up from an expected $859 million in 2019; a growth of over 800%. The new research from Juniper Research, Digital Identity: Technology Evolution, Regulatory Analysis & Forecasts 2019-2024, noted that, […]
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