Ambassador of the United States of America to Nigeria Mary Beth Leonard has stated that her country is committed to providing Nigerians with free educational information and programs. She stated that investing in people to help them develop their abilities through the Mission’s network of American Spaces in Nigeria is […]
FinTech
The Nigerian Communications Commission’s (NCC) current efforts to facilitate the deployment of Fifth Generation (5G) technology will further catalyze the entertainment industry’s innovativeness and creativity, raising its productivity and contribution to the gross domestic product (GDP) to new heights. Prof. Umar Danbatta, NCC’s Executive Vice Chairman and Chief Executive Officer, […]
The strong excitement and anticipation stems from the desire of Nigerians who are digitally literate and eager to take advantage of the new technology. On Tuesday, at the ongoing 2022 edition of AfricaNXT conference, co-sponsored by the Nigerian Communications Commission (NCC) and held at the Landmark Event Centre, Victoria Island, […]
The NCC licensed Mafab Communications as an International Data Access (IDA) in July 2020, managed by Alhaji Musibau Bashiru. It emerged as a strong competitor for the 3.5GHz spectrum auction for 5G network licenses, winning a place after 11 rounds of bidding. The first six rounds of auctions each lasted […]
Every young prospective tech entrepreneur in Africa is invited to apply for their 12-month technology and entrepreneurship training program. They’re excited to get back into the recruiting rhythm and formally open up applications for the Class of 2023, now that their Class of 2022 is in full swing. The MEST […]
Flutterwave, an African fintech, has secured $250 million in a Series D round, bringing its valuation to almost $3 billion in less than a year. The business, which is based in both San Francisco and Lagos, secured $170 million in a Series C round from Tiger Global and Avenir in […]
Intel’s IDM 2.0 plan will be greatly advanced as the business develops its production capacity, global location, and technology portfolio to meet unprecedented industry demand. Intel CEO Pat Gelsinger stated, “Tower’s speciality technology portfolio, geographic reach, extensive customer relationships, and services-first operations will help scale Intel’s foundry services and promote […]
Last October, the government of Nigeria announced the creation of the eNaira, Africa’s first central bank digital currency (CBDC), through the apex monetary authority. The introduction of the new CBDC in Nigeria was expected to improve residents’ and other currency holders’ access to banking and increase remittance inflows. It was […]
Saudi Arabia has announced $6.4 billion in investments in future technologies, according to the Saudi ministry of communication and information technology. The investment, according to Abdullah Alswaha, is part of the kingdom’s effort to diversify its economy away from oil in the face of severe regional competition. As climate change […]
The National Information Technology Development Agency (NITDA) met with stakeholders from the Lagos State Software and Innovation ecosystem to discuss how to strengthen the country’s digital economy by increasing ICT contributions to GDP and promoting indigenous content by patronizing indigenous IT products and services. At the Bon Hotel in Lagos, […]
