StartUps

Nigeria’s Lending Startup Indicina Secures Funding for Product Development

Nigerian startup Indicina, which has developed a data-driven lending platform that digitises the credit value chain, has raised a six-figure US dollar funding round as it looks to further build out its product. Founded in 2018, Indicina helps both bank and non-bank lenders apply a data-driven approach to credit underwriting at scale, providing new insights […]

Read More
StartUps

kenyan Startup OkHi Partners Interswitch to Open Shop in Nigeria

A Kenyan smart addressing startup OkHi has launched in Nigeria alongside strategic partner and new investor Interswitch Group, aiming to tackle a problem that costs Nigerian businesses an estimated $2 billion a year-the lack of postal addressing infrastructure. Co-founded in 2014 by Timbo Drayson, who while at Google led the launch of Google Maps across […]

Read More
Telecoms

NCC Endows N40m Professorial Chairs in Two More Universities

In line with its ongoing initiative to ensure a sustainable telecommunications industry that is responsive to global technological changes as well as national consumer preferences, the Nigerian Communications Commission (NCC) has instituted and endowed Professorial Chairs to the tune of N40 million in two more Nigerian universities. The two universities include the premier University of […]

Read More
Business

Business Survival Now Depends on Digital Transformation,Says GlobalData

Amid the slow recovery of COVID-19, it may be tempting for companies to stick with what is comfortable and delay ambitious digital transformation projects until more stable times. However, leading data and analytics company GlobalData notes that this would be a mistake. History shows that companies that tech-enable their businesses during a recession tend to […]

Read More
Business

Effective Stakeholder Collaboration Key to Sustain Financial Inclusion, Experts Advocate

Stakeholders at the Ecobank-Vanguard Digital Financial Inclusion virtual summit say collaborations and well thought out partnerships are needed to drive the financial inclusion strategy of operators and regulators in 2021. They noted that though great strides were made in the course of the year, especially during COVID-19 pandemic lockdown, more concerted efforts are needed to […]

Read More
StartUps

Nigerian Dating App Trueflutter Secures Three Angel Networks Funding

Dating startup Trueflutter, which has built a matchmaking app designed specifically for Africans across the world, has raised funding from three local angel networks. Built for African singles who are searching for long-term relationships and life partners, Trueflutter has been designed to be compatible with African culture and value systems, and uses an advanced matching […]

Read More
Telecoms

Stakeholders, Experts to Tackle e-Waste Menace at e-Waste Dialogue 2020

Online publication, the ITREALMS Media is to host its 2020 Electronic Waste (e-Waste) dialogue to discuss growing menace of electronics waste being generated in the country. The Editor-in-chief of ITREALMS Media inc, publishers of ITREALMS Online, Mr. Remmy Nweke, announced the event in statement, said the dialogue with the theme: ‘e-Waste in Nigeria: Challenges and […]

Read More
Internet

How Insider Cyber Threats Operate, Current Losses Estimated at $1m Yearly

Most cybersecurity landscape data is focused on outsider attacks; however, recent findings reveal that insider threats are becoming more common. Attacks originating from within the company are much more elusive since standard security practices do not work. According to data analyzed by Atlas VPN, 65% of organizations suffered from one or more insider attacks in […]

Read More
Business

GITEX 2020: Nigeria Dangles $448b Investment Opportunity at Investors

Nigeria is both a geographic and an economic gateway to sub-Saharan Africa. As a geographic gateway, it has a prime location between West and Central Africa. In other words, investing in Nigeria gives investors easy access to close to 550 million people- 200 million from Nigeria, another 200 million West Africans and about 150 million […]

Read More
TechEntertainment

MTN Nigeria and uduX Partner to Deliver Quality Music Content

MTN Nigeria has annnounced a new partnership with uduX, Nigeria’s first domestically launched music streaming service which offers users access to high-quality audio and HD music videos. The partnership will see MTN subscribers gain access to discounted data bundles for accessing content and streaming unlimited music on the uduX app. Srinivas Rao, Chief Digital Officer, […]

Read More