Business

UK  Government Recounts Impact on Nigeria’s Tech Space with Over $23m Investment, Support for Hubs &Startups  

The UK-Nigeria Tech Hub, launched in 2019, and which is part of the International Tech Hub Network delivered by the Department for Science, Innovation and Technology (DSIT) and the Foreign, Commonwealth and Development Office under the UK Government’s Digital Access Programme (DAP), has recorded massive impact on the Nigeria’s tech space. Besides supporting startups in […]

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Business

CBN Orders Banks to Suspend Charges on Deposits Till September

The Central Bank of Nigeria (CBN) has directed deposit money banks and financial institutions to suspend processing fee on deposits till September 30, 2024. In a circular, the apex bank ordered that financial institutions suspend processing charges imposed on cash deposits above N500,000 for individuals and N3,000,000 for corporates. The circular to deposit money banks […]

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Technology

NITDA Redefines AI Knowledge Acquisition for Beginners in Hausa

The National Information Technology Development Agency (NITDA) is redefining the acquisition of (AI) Artificial Intelligence knowledge in the Hausa language of northern Nigeria. The Director General of NITDA, Mr kashifu Inuwa was recently represented by Dr. Ahmed Tambuwal, Head of Digital Literacy Division, at the official unveiling of AI learning content in Hausa, held in […]

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News

We Are Not Laying-off Staff or Leaving Nigeria, Says Bolt Nigeria

Bolt Nigeria has refuted multiple reports of laying off 22 of its 45 employees a few days ago. In an email to Techpoint Africa, Bolt clarified that terminating some employees was not a layoff but a strategy to automate and update many of its customer support and operational processes in Nigeria. Bolt emphasized that it has not laid off any staff […]

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Technology

Western Digital Launches SanDisk Desk Drive with Exciting Features

Western Digital has launched the SanDisk Desk Drive, the latest addition tonits portfolio of external desktop SSDs. This new storage device is designed to accommodate the expansive data needs of digital creators and professionals managing large volumes of content. The introduction of the SanDisk Desk Drive is a response to increasing demands for robust storage […]

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Business

Aliko Dangote Foundation, WEF Announce 2024 Class of Dangote Fellows

Aliko Dangote Foundation (ADF), in conjunction with the World Economic Forum (WEF) and Forum of Young Global Leaders (YGL), has unveiled gifted and high calibre individuals for the esteemed 2024 class of the World Economic Forum Young Global Leaders (YGL) Dangote Fellows. ADF and WEF, in a statement said, “With great excitement and anticipation, ADF […]

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News

Intra-Accounts Transfers & Inter-Bank Transfers Exempted from Cybersecurity Levy, Says CBN

The Central Bank of Nigeria, said that the proposed cybersecurity levy on all banking transactions does include Intra-account transfers within the same bank or between different banks and Inter-branch transfers within a bank. The apex bank in circular had directed banks and other financial institutions to start charging cybersecurity levy on financial transaction. The circular […]

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News

How NCC Deploys NIN-SIM & Max 4 Rule Policies to Kill Billion Dollar SIM Boxing Criminal Biz

Boxes have a multitude of uses, and the word “box”, lends itself to diverse contexts. For “Ajala Travelers,” the box is a necessity for keeping goods for their endless journeys. In literature, idiomatically, it can be said that “one has been boxed into a corner;” another might say to deal with a conundrum: “think outside […]

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Business

US eCommerce Giant, Amazon Ignores Nigeria Moves First African Shop to SA

US-based e-commerce giant Amazon has officially gone live with its much-anticipated online marketplace in South Africa, with the launch of Amazon.co.za. Amazon is expected to shake-up South Africa’s e-commerce space and take on established local players such as Naspers-owned Takealot, which comprises Takealot.com, Mr D Food and Superbalist. It is also expected to rival online marketplaces Bob Shop, […]

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Business

Africa’s Domain Name Operator Marks 10th Anniversary, Renews Agreement with ICANN

Registry Africa, the registry operator and administrator of the .africa domain name, is this year celebrating 10 years in the domain name industry. It has also renewed its registry operator agreement with the Internet Corporation for Assigned Names and Numbers (ICANN) for a further 10 years. ICANN is a non-profit partnership of people from across […]

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