In the 2022 PricewaterhouseCoopers’ Central Bank Digital Currency (CBDC) Global Index, the eNaira of the Central Bank of Nigeria and the Sand Dollar of the Bahamas led the retail project indexes of central banks internationally. The PwC index, titled “The Race to Digital Money,” analyzes and rates the leading retail […]
FinTech
MTN Nigeria informed the Nigeria Exchange Group today that the Central Bank of Nigeria has given it final approval to operate Momo Payment Service Bank Ltd. MTN revealed in a corporate declaration submitted by company secretary Uto Ukpanah that the CBN gave final approval in a letter dated April 8, […]
Temitope Ogunsemo, a Nigerian entrepreneur and the creator of Krystal Digital Solutions Limited, has been named to Forbes Africa Undiscovered Series for Nigeria, as part of an elite selection of Nigerians who have played a key role in rebuilding and contributing to the country’s current growth story. Forbes Africa looks […]
The association’s goals include serving as a coordinating body for background checkers and data verification service providers in Nigeria; building and supporting the verification service industry in Nigeria, which includes the data and identity verification ecosystem as well as all related industries; and liaising with the government on data verification […]
After postings in Dubai, London, Miami, San Francisco, and Singapore, global digital payments giant Visa has built its first innovation studio in Africa and its sixth internationally in Kenya. In order to co-create payment and commerce solutions, the studio will bring together developers, Visa’s internal and external clients, and other […]
Elon Musk, the CEO of Tesla Inc, has accumulated a 9.2 percent interest in Twitter Inc, according to a regulatory filing released on Monday, potentially making him the microblogging site’s largest shareholder. The filing came just days after Musk tweeted that he was “seriously considering” creating a new social media […]
The Centre for Information Technology and Development (CITAD) has appealed for promises to help bridge the digital divide by establishing and maintaining community networks around the country. CITAD made the announcement at a press conference in Lagos, where it detailed efforts to find and cultivate local champions who could influence […]
While giving a keynote talk at the Nigeria ICT Week, Kashifu Inuwa, director general of NITDA, CCIE, critically highlighted the nation’s route to a digital transformation in order to achieve National Social and Economic Development. The event, which was organized by NITDA, NEPC, NASS, and CFA and hosted at the […]
The Nigeria Internet Registration Association (NiRA) has chosen to decrease the price of.ng domains by almost 40% in order to support Nigeria’s Digital Economy, which is being championed by the federal government. “The 40 percent reduction in the price of the.ng domain will support the government’s agenda for the growth […]
The new line will also stop in Nigeria, Namibia, and South Africa, with future extensions to neighboring nations. According to Google, an undersea cable that would increase internet speeds for millions of Africans landed in Togo on Friday, the latest phase in a multi-year project to bring cheaper access to […]
