Business

Nigeria to Acquire Hitech Military Equipment worth Over $346m from USA Govt

The State Department has made a determination approving a possible Foreign Military Sale to the Government of Nigeria of Munitions, Precision Bombs, and Precision Rockets and related equipment for an estimated cost of $346 million. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale today. The Government of Nigeria […]

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Business

Bitcoin Surges On as  deVere Group’s $150,000 Prediction Stays on Course

Bitcoin has surged to fresh record highs this week, trading above $123,000 and pushing further past July’s peak as momentum from institutional buying, corporate treasury adoption, US policy support, and sovereign-level gains continues to build. The move strengthens global financial advisory giant deVere Group’s projection that Bitcoin could hit $150,000 before the end of 2025. The world’s […]

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News

Nigerian Youth Showcasing Innovative Tech Solutions Win Prizes Worth N20m at InnovateX Challenge

The InnovateX Challenge which recently gave Nigerian youth prize worth over N30 million was created to empower and equip young people to transform their passions into scalable solutions for national development. Speaking at the grand finale of the competition, Executive Director of Commercial and Consumer Banking at Ecobank Nigeria, Mr Kola Adeleke, said that as […]

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Business

Truecaller Crosses 100 million Monthly Active Users in Middle East and Africa

Truecaller, the global platform for verifying contacts and blocking unwanted communications, reached a significant milestone in August as the number of monthly active users (including both Android and iOS) crossed 100 million in the MEA-region, representing a 19% growth y-o-y. “With the Middle East and Africa experiencing significant growth in smartphone adoption and mobile data […]

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Business

NITDA’s Steps-Up 12.7 Million Nigerian Digital Literacy Campaign as IgniteHer Bootcamp Host Cohort 2

 The IgniteHer Bootcamp is a key component of the National Gender Digital Inclusion Strategy (NGDIS), through which NITDA is working to empower 12.7 million Nigerian women with digital literacy skills by 2027. Director General, National Information Technology Development Agency (NITDA), Mr Kashifu Inuwa, who made this known at the launched of the second cohort of […]

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Internet

Digital Literacy, Cybersecurity & Internet Access Remain Biggest Challenges of Digital banking in Africa, Says Report

The biggest challenges confronting retail bank in Africa remain digital literacy gaps (77%), cybersecurity concerns (55%), and limited internet access (52%), though all are expected to decrease with rising digital adoption and investment. According to a report by Backbase, the global leader in Engagement Banking, in partnership with the African Banker magazine, retail banking also […]

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Business

Sandisk Showcases UltraQLCTM Technology Platform with Milestone Enterprise SSD Capacity at Tech Summit

Sandisk has demonstrated a high-capacity 256TB1 NVMeTM enterprise SSD, a breakthrough in storage capacity, performance and power efficiency, made possible by Sandisk’s new enterprise-grade UltraQLCTM platform. Offering extraordinary capacity, the UltraQLCTM platform marks a significant achievement in NAND architecture, built with a combination of BiCS8 QLC CBA NAND, custom controllers and advanced system optimizations. As […]

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Business

Huawei Technologies Opens Portal for 2025 Job Fair

Huawei Technologies Company Nigeria Limited is set to host the 2025 Huawei Job Fair, designed to provide a platform for excellent candidates across Nigeria to showcase their skills to a range of employers, including Huawei, its partners, and customers. The job fair will offer opportunities for internship (NYSC), and job (Entry level, mid-level, experience hire) […]

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News

Cross-border Activity Intensifies Amid Tariffs Crisis, Payment to Hit 18 Billion

The global cross-border B2B transactions will reach 18.3 billion in 2030; up from 16.3 billion in 2025. This 13% growth will be driven by increased globalisation despite tariffs, as well as new payment types such as stablecoins reducing payments barriers. According to Juniper Research forecasts, cross-border B2B transactions will be resilient in the face of […]

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Technology

How to Enhance Data Centre Operations with Flash Storage

Over the past few years there has been considerable development in the performance, power and capacity capabilities of NAND solid-state drives (SSDs), and non-volatile memory express (NVMe™) drives. This has coincided with a growing demand for high-speed data access and processing. The result? The adoption of Flash storage technologies within enterprise IT infrastructure has surged […]

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