Technology

GITEX NIGERIA Unveils Future Finance  Platform to Unite Money, Innovation and New Technology

GITEX NIGERIA has launched MINT AFRICA by GITEX, a future finance platform uniting money, innovation, new technology. and transparency to accelerate Africa’s financial economy. Moreover, launching in Lagos during GITEX Nigeria week 2027, MINT AFRICA by GITEX will convene key finance stakeholders. Money is becoming programmable. Real-world assets are being tokenised. As a result, Agentic […]

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Technology

GITEX LAGOS: Experts, Stakeholders Push for Lagos Recognition as Africa’s Innovation Capital 

Tech enterprises, government policymakers, investors, and startups converged in Lagos to accelerate West Africa’s ascent in the global intelligence economy, as the second edition of the GITEX NIGERIA opened yesterday with an inauguration ceremony attended by influential figures from government and industry. Following Monday’s sell-out Government Leadership & AI Summit in Abuja, West Africa’s largest […]

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Technology

Experts Top Govt Officers and Stakeholders Applaud Nigeria as Rising Star in Global Tech Ecosystem

Senior government officials, international technology leaders, and digital economy stakeholders are excited that Nigeria is being positioned as a global force shaping the international tech ecosystem. At the Abuja edition of GITEX NIGERIA, which officially opened on Monday, they applauded the event which was designed to advance Africa’s sovereign AI and digital transformation ambitions. The […]

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FinTech

SEC Toughens Crypto Rules with N2bn Capital Registration Imposition

Digital asset exchanges and custodians operating in Nigeria will require a minimum capital of N2bn ($1.41m) under a proposed regulatory framework aimed at tightening oversight of the crypto industry. The draft rules issued by Nigeria’s Securities and Exchange Commission (SEC) prescribe a N30m ($21,200) registration fee and set a minimum capital of N500m ($353,000) for […]

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Technology

Nigeria Set to Tackle Sovereign Cloud Initiative with Unveiling of  Taskforce

A taskforce to drive the implementation of Nigeria’s sovereign cloud initiative has been inaugurated as part of plan strengthen the Nigeria’ digital sovereignty, attracting investment, creating jobs and retaining technology talent. Inaugurating the taskforce in the Nigerian capital city, Abuja, the Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, described the initiative […]

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Business

NITDA Pushes for Common Standards for Innovation Hubs Across Nigeria 

The National Information Technology Development Agency (NITDA) is taking steps to establish common standards for innovation hubs across the country as part of efforts to decentralise Nigeria’s innovation ecosystem and create greater opportunities for young Nigerians to develop and scale technology-driven businesses within their local communities. According to NITDA’s Director General, Kashifu Inuwa, the proposed […]

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Technology

NITDA Warns CBN of Financial Instability in Banking Sector Over Use of Obsolete Traditional Regulatory Tools

The National Information Technology Development Agency (NITDA), has warned the Central Bank of Nigeria(CBN) financial instability in the banking over the use of traditional regulatory tools. According to the Director General of NITDA, Mr Kashifu Inuwa, Nigeria’s financial stability can no longer be guaranteed through traditional regulatory approaches. Speaking on “Digital Transformation, Supervision, Innovation and […]

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Technology

NITDA Tasks Nigeria Army on to Data Impact Military’s Operational Decision

 The National Information Technology Development Agency (NITDA) has advised the Nigerian Army to stop treating data management as a mere record-keeping exercise and instead harness it as a strategic tool for gathering information and intelligence. According to NITDA, the ability to convert data into actionable insight will define military advantage in modern warfare. The Director […]

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Technology

Nigeria Plans $750m Private Investment to Drive New Cloud Policy, First Funding Due in 12 Months

The Nigerian government has introduced a National digital Cloud Policy targeting $750 million in private investment over the next 24 months. Unveiled by the Ministry of Communications, Innovation and Digital Economy, the initiative aims to expand local cloud and data centre capacity, create jobs, and establish Nigeria as a regional hub for data hosting and digital services. […]

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Technology

Anambra State Pushes for AI Enabled Govt Amid Infrastructure Connectivity Challenges

Anambra State is positioning to be the dominant state in Nigeria that is deploying  artificial intelligence, paperless government and expanded internet access to drive its digital transformation towards 2030. However, the eastern state of Nigeria is being confronted with the challenges of the availability of the necessary infrastructure to support these ambitions remains a central issue. […]

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