FinTech

Virtual Card Spend Driven by API-based Issuing to Reach $13.8trl  by 2028

By 2028, global virtual card spend will have increased by 355%; from $3.1 trillion in 2023. The key driver will be the adoption of API-based virtual card issuing platforms, a new study by Juniper Research, revealed. Virtual cards use randomly generated and generally temporary card numbers linked to a payment account, which are used to […]

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Technology

Advancements in Digital Landscape, Emerging Technologies Creating Surge in Cyber-Attacks, Says Expert

There is currently a noticeable surge cyber-attacks due to ongoing advancements in the digital landscape, emerging technologies, and the proliferation of smart devices. A Cybersecurity Consultant, Olaifa Opeyemi at Digital Encode Limited, who made the observation recently while speaking at a fire-side chat during  the Africa Tech Alliance (AfriTECH 3.0) Forum, noted that the more […]

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Technology

Nigeria Govt Gives Backing to Startup Acts, Opens Portal for Engagement with Startups

The Nigerian Government has set up a Startup Support and Engagement Portal, designed as a one-stop shop for startups, venture capital companies, hubs, and innovation stakeholders through the efforts of the . National Information Technology Development Agency (NITDA). The portal will facilitate the labelling of Nigerian Startups and the registration of Venture Capitalists, Angel Investors, Accelerators, […]

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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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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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Technology

SAP Recommits to UNICEF  Partnership Education Initiative for Young People in Nigeria, Kenya & Others

SAP, has reaffirmed its commitment to youth skills by profiling its SAP Educate to Employ initiative, and public-private partnership with UNICEF and government. The initiative forms part of SAP’s global commitment to supporting UNICEF’s Generation Unlimited (GenU), a public-private-youth-partnership that aims to deliver innovative solutions to challenges youth face around the world. In the region, […]

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BrandTech

Nigerian Develops Messaging App to Rival Leading Tech-Brands in Gaming & Lifestyle

A Nigeria tech company, iCELL with support from the National Information Technology Development Agency (NITDA), has developed a a messaging, gaming and lifestyle app, NIJA Chat to rival big brands in app chat in the likes of WhatsApp, Wechat and others. Director General of NITDA, Mr Kashifu Inuwa while unveiling the app in the Nigerian […]

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