There is currently a noticeable surge cyber-attacks due to ongoing advancements in the digital landscape, emerging technologies, and the proliferation of smart devices. A Cybersecurity Consultant, Olaifa Opeyemi at Digital Encode Limited, who made the observation recently while speaking at a fire-side chat during the Africa Tech Alliance (AfriTECH 3.0) Forum, noted that the more […]
Read MoreSteady but uneven progress in global Internet connectivity highlights the disparities of the digital divide and is leaving people in low-income countries behind, according to the International Telecommunication Union’s (ITU) Facts and Figures 2023. Analysis on Internet data usage, featured for the first time in the ITU’s annual connectivity report, showed that fixed-broadband services accounted for […]
Read MoreThe Nigerian Government has set up a Startup Support and Engagement Portal, designed as a one-stop shop for startups, venture capital companies, hubs, and innovation stakeholders through the efforts of the . National Information Technology Development Agency (NITDA). The portal will facilitate the labelling of Nigerian Startups and the registration of Venture Capitalists, Angel Investors, Accelerators, […]
Read MoreThe Nigerian Government intends to raise N200m from a philanthropic organisations as part of efforts to create jobs and support Micro, Small, and Medium Enterprises (MSMEs) The Senior Special Assistant to the President on MSMEs and Job Creation, Office of the Vice President,Temitola Adekunle-Johnson in a statement said the funds will be invested in key […]
Read MoreAhead of the planned introduction of a new capital base for deposit money banks in Nigeria, the Central Bank of Nigeria (CBN) has been warned by an economists to take cautioned and making some mistakes made during the last recapitalisation of commercial banks in the country. The Founder of Centre for Promotion of Private Enterprise, Muda […]
Read MoreThe MTN Group said it has utilised the services of systems integrator NEC XON to deploy Phoenix, Africa’s first 400G optical transponder solution, to accelerate its networking infrastructure across Africa. According to a statement, NEC XON combined its technologies with the Phoenix to provide customers with reliable and fast internet connectivity, as part of the IT […]
Read MorePan African Towers (PAT), a digital infrastructure company based in Nigeria, has gone into a strategic investment from Development Partners International (DPI), an investment firm focused on Africa, and Verod Capital (Verod), an investment management firms. DPI and Verod are investing in PAT to fuel its continued growth. Established in Nigeria in 2017 to capitalise […]
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There are indications that Finland company, Nokia Networks may soon invest in Nigeria’s telecoms industry following a request from the Nigerian Communications Commission (NCC) to the on investment opportunities in the industry. Executive Vice Chairman of the NCC, Dr Aminu Maida had requested from the company to increase its investments in Research and Development (R&D) […]
Read MoreThe Lagos State Police Command has arrested one Benjamin Ezeukwe aged 28 for masterminding and fleecing hundreds of innocent Nigerians in an elaborate cement-price-slash scam. Benjamin was arrested on October 19, 2023 in Rumuolumeni area of Obio/Akpor local government area of Rivers State following weeks of intensive investigation by officers of Area A Command of […]
Read MoreMoniepoint one of Nigeria’s fintech companies is worried that despite the growing numbers of hubs in the country, they are concentrated in the commercial cities of Lagos and Abuja. As such, the company has made a call part for concerted efforts to be directed at creating more thriving technology hubs outside of Lagos and Abuja. […]
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