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 […]

After the Comptroller General of the Nigeria Customs Service, Col. Hameed Ali, informed the Senate Committee on Finance that the Customs is no longer a revenue-generating agency due to the amendment of some sections of the country’s laws, the Nigerian Senate says there are indications that the Finance Bill, now […]

The Nigerian Communications Commission’s Cyber Security Incident Response Team (NCC-CSIRT) detected two cyber vulnerabilities independently and advised Nigerian telecom customers on how to defend themselves from cyber-attacks. In its first-ever security advisories, issued less than three months after its inception, the CSIRT has alone discovered two cyber-attacks aimed at consumers […]

President Muhammadu Buhari has presented the National Policy on 5G for Nigeria’s Digital Economy, instructing all security institutions to use the technology as soon as possible to improve the country’s security. The Federal Executive Council (FEC) authorized 5G technology on September 8, 2021, after a lengthy deliberation. The president said […]

Latest Stories

Categories

This will close in 20 seconds