StartUps

Fintech Juicyway Secures $3m pre-seed Funding Round Just After Stealth Mode

JuicyWay, a payments startup using stablecoin technology to transform cross-border payments, has launched out of stealth mode and announced a US$3 million pre-seed round of funding. Founded in 2021 by Ife Johnson and Justin Ziegler, Juicyway enables individuals and businesses to send, receive, and process payments globally. The platform supports fiat currencies like the Nigerian Naira (NGN), […]

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StartUps

Billing-to-Payment Platform Startup Billboxx Closes $1.6m Pre-seed Funding to Tackle Cashflow

Nigerian startup Billboxx, an integrated billing-to-payment platform aimed at ensuring timely payments for businesses across Africa, has closed a $1.6 million pre-seed funding round to help it tackle the critical cashflow challenges faced by SMEs across Africa. Founded in early 2023 by Justus Obaoye and Abdulazeez Ogunjobi, Billboxx has built an integrated billing-to-payment platform that streamlines billing […]

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StartUps

NITDA Underscore Safe and Responsible Data Utilisation for Thriving Digital Economy

The National Information Technology Development Agency (NITDA) has underscored the critical role of data in driving a sustainable digital economy. Speaking at the just concluded 2024 Digital Nigeria Innovation Challenge, NITDA’s Director General, Kashifu Inuwa harped on the need for safe and responsible data utilisation. Inuwa highlighted the importance of data sovereignty in ensuring Nigeria’s […]

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StartUps

Qualcomm Unveils Nigeria startup, Kitovu, Nine Others Transforming Africa’s Economy in AI, Agric, Health

Qualcomm Incorporated successful completed the second year of its Make in Africa Startup Mentorship Program, culminating in the Make in Africa Finale 2024. At the event,Qualcomm showcased Nigerian startup, Kitovu, as among this year’s finalists that the Qualcomm Make in Africa 2024 program supported as well as other ten startups from six African nations, addressing […]

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StartUps

Nigerian Government to Introduce Digital Literacy as General Course in Universities

The Nigerian Government is planning to include digital literacy into the academic curriculum of all Nigerian universities as a step towards advancing digital skills and preparing Nigeria’s youth for the digital economy. The National Information Technology Development Agency (NITDA) is therefore partnering with the National Universities Commission (NUC) to embed digital literacy as a general […]

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StartUps

2023 Compliance Report: 65 million Non-Complaint Content Pulled-Down as Taxes from Social Media Platforms Hit N2.55trl

The 2023 compliance report Code of Practice for Interactive Computer Service Platforms/Internet Intermediaries revealed that 65,853,581 content were takedown by tech giants while implementing the code of practice. According to the report, the overall statistics across all the platforms further indicated that 379,433 content were removed and re-uploaded content following appeal by users while 4,125,283 […]

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StartUps

Nigeria Plans Digital Technology Hubs in 200 Rural Communities for Improved Digital Infrastructure Access

The Nigeria Government plans to establish digital technology hubs in 200 rural communities across the six geopolitical zones in the country as part of its first implementation phase. Special Assistant to the President on ICT Development and Digital Innovation, Mr Tokoni Igoin, in a statement in Abuja on Sunday, while emphasising the essence of the hubs […]

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StartUps

AI  Transformative Impact on Lagos to Top Discourse at AOT Lagos 6.0 with TechnologyMirror as Media Partner

The countdown has begun for the 6th edition of the Art of Technology Lagos (AOT Lagos 6.0), an annual celebration of innovation and technology. This year’s conference will bring together a powerful consortium of partners, including Eko Innovation Centre, Lagos State Ministry of Innovation, Science, and Technology, GDM Group, and The Nest Innovation Park, to […]

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StartUps

AfriLabs, NASENI Unveil Initiative Backing Nigerian Tech Entrepreneurs to Commercialising Innovative Solution

Pan-African hubs network AfriLabs and the National Agency for Science and Engineering Infrastructure (NASENI) have partnered to launch an innovation lab that will help young innovators and startups across Nigeria to commercialise groundbreaking technologies and foster sustainable economic growth. AfriLabs is a network organisation that is committed to driving innovation and entrepreneurship on the continent by […]

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Business

Lagos Plans First AI Usage Guidelines in Nigeria, Says Regulations Almost Ready

The Lagos State has intentions to publish Nigeria’s first Artificial Intelligence (AI) guidelines, paving the path for responsible technology use. Olatubosun Alake, the Lagos State commissioner for innovation, science, and technology, announced the idea at the 4th Zenith Bank Tech Fair, which took place in Lagos yesterday. According to Alake, the regulations are being prepared […]

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