News

Pan African Towers Unveils Two Strategic Investment  Partnership to Drive Infrastructure Deployment in Nigeria

Pan 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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Business

NCC Seeks Investment on R & D from Finland Company Nokia in Nigeria’s Telecoms Industry

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) […]

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Business

Police Arrest Mastermind Behind Dangote Cement Price Slash Scam

The 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 […]

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FinTech

Moniepoint Backs Enugu Tech Summit, Seeks More Tech Hubs Outside Lagos & Abuja

Moniepoint 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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Internet

Nigerian Police Nabs Suspect for Hacking & Stealing Over N200m from Technology Firm

The Nigeria Police Force, has arrested an alleged cyber-crook, Wilfred Bonse who hacked into the system of a technology firm and made away with about N200 million. An   investigation by  the National Cybercrime Center of the Nigeria Police (NPF-NCCC). led to the arrest of the suspect who was said to have stolen funds belonging to […]

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Technology

New Research Ranks IT Project Manager Highest Paying in UK

A research from The knowledge Academy, has found out that Project Manager is the most in-demand tech job for 2023,with 359 active roles in the IT job market, offering an average salary of £47,295 in the UK.           An IT Project Manager oversees the department’s objectives and directs strategy changes, playing a […]

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Software

NITDA, IFAD Mulls Partnership on Agrictech Solutions for Smallholder Farmers

There are possibilities of partnership between the National Information Technology Development Agency (NITDA and the International Fund for Agricultural Development (IFAD), to use Information and Communications Technology (ICT) for development (ICT4D) in the Agricultural Sector and make access to digital technologies more equitable. IFAD has made a proposal to NITDA during a visit by the […]

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Technology

Nigeria Needs Blockchain Technology to Curtail Corrupt Practices of Public Officers, Earn Citizens’ Trust, Says Inuwa

The increased distrust on the Governance in Nigeria coupled with the manipulation of government processes by corrupt persons can be curtailed through the deployment of the blockchain technology. According to the Director General, National Information Technology Development Agency, (NITDA) Mr Kashifu Inuwa, it has become “highly imperative that blockchain policy and technology be adopted and […]

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Business

Nigeria’s Trade Finance Startup, FrontEdge Raises $10m for Africa’s Cross-Border Biz

Nigerian trade finance startup FrontEdge, which helps facilitate cross-border trades for African SMEs, has raised $10 million in debt and equity funding to scale operations across Nigeria, Kenya and other African countries. Founded in 2021 by Moni Alli, Front Edge specialises in providing working capital solutions and software tools for exporters and importers in emerging markets. The […]

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Business

Ecobank Flags-Off Sponsorship Campaign  for Customers to AFCON 2023

Ecobank Nigeria has flagged of its, “Save and Score” promo, which is inspired by the upcoming Africa Cup of Nations (AFCON), which will take place in Côte d’Ivoire from January 13 to February 11, 2024, and is intended to reward loyal and prospective customers of the bank. The Bank in a statement said that 10 […]

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