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 […]
Tech News
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 […]
The Federal Government of Nigeria today, Tuesday, February 15, 2022, commissioned the Muhammadu Buhari IT Innovation Centre in Katsina State, Northwest Nigeria, as part of its digital skills empowerment campaign. Professor Isa Ali Ibrahim (Pantami), the Honorable Minister of Communications and Digital Economy, who commissioned the fully completed project on […]
The Nigerian Institute of Electrical and Electronic Engineers (NIEEE) has praised the leadership of the Nigerian Communications Commission (NCC) for leading the way in Africa’s 5G rollout. In a statement signed by Engr. Kings Adeyemi, the Engineering body singled out Executive Vice Chairman, Prof. Umar Garba Danbatta, and the entire […]
The European Union (EU) has announced intentions to invest roughly 850 million euros in Nigeria’s digital economy over the next three years as part of its Gateway Initiative. This information was revealed by Her Excellency Margrethe Vestager, the Union’s Executive Vice President, during a working visit to the Honourable Minister […]
The 11-digit NIN was planned to be replaced by the Digital Token or Virtual NIN tokenization for all purposes. This will help to safeguard an individual’s data privacy even more by using an encrypted, coded representation (“disguised”) of the NIN in day-to-day transactions rather than the actual NIN itself. In […]
The National Identity Management Commission has announced that its National Identity Number Verification Service is unavailable due to service provider maintenance. On Saturday, the NIMC published a press statement headlined “NIMC NIN verification service momentarily unavailable.” “The National Identity Management Commission wishes to warn the general public that its NIN […]
The Nigeria Data Protection Bureau has been approved by President Muhammadu Buhari, GCFR (NDPB). Prof Isa Ali Ibrahim, the Honourable Minister of Communications and Digital Economy, has requested it (Pantami). The NDPB was founded in accordance with international best practices and will focus on data protection and privacy, among other […]
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 […]
