Lagos State Governor, Babajide Sanwo-Olu, has announced that four data centers are currently under construction in Lagos, marking a significant step in the state’s efforts to strengthen its digital infrastructure. This announcement was made at the Lagos House in Marina during a courtesy visit by Her Royal Highness, Princess Alice […]
Digital Economy
Through an initiative that aims to strengthen consumer protection in the evolving telecommunications sector while providing a safety net for subscribers who have unused airtime, the Nigerian Communications Commission (NCC) has proposed a 12-month grace period for telecom subscribers to reclaim unused prepaid credits from deactivated mobile lines. This was […]
The Computer Guild of Nigeria (CGN) has strongly condemned the recent suspension of Remita, an indigenous payment solution, from the Treasury Single Account (TSA) by the Federal Government (FG). This was contained in a press release issued by the President of the Guild, Wole Adedoyin, who described the decision as […]
With a big shift from its previous focus on business-to-business transactions, Paystack, a Nigerian fintech company owned by Stripe, has launched Zap, a consumer app designed for instant and secure bank transfers marking a grand entry into the consumer payments space. This was disclosed during a live stream on YouTube […]
AltSchool Africa, a global talent organization has partnered with Bybit to establish the Bybit Academy, offering 1,000 scholarships to African students, an initiative that aims to provide accessible, technology-focused education, equipping students with skills to thrive in a digital economy. Bybit’s COO and co-founder, Helen Liu, through a statement revealed […]
Microsoft has announced a significant investment of $1 million to equip one million Nigerians with Artificial Intelligence (AI) skills over the next two years. This announcement was made by the Managing Director, Microsoft Nigeria and Ghana, Ola Williams, during the Microsoft AI Tour, which was held in Lagos. According to […]
The Federal Government of Nigeria is calling on radio stations to create awareness about climate change, as the world celebrates World Radio Day today, February 13, 2025. The Minister of Information and National Orientation, Mohammed Idris, made this call, emphasizing the crucial role radio plays in promoting diversity, peace, and […]
The Nigerian Electricity Regulatory Commission (NERC) has unveiled new guidelines for power tariff hikes, providing a framework for electricity distribution companies (DisCos) to follow. The latest order, signed by NERC Chairman, Sanusi Garba, stated that pursuant to the provisions of the Electricity Act 2023, the commission is obligated to review […]
Nigeria’s Federal Executive Council (FEC) has approved two significant initiatives aimed at enhancing the country’s digital infrastructure. The first initiative, the Nigeria Universal Communication Access Project, seeks to provide connectivity to over 21 million people in underserved communities across 4,834 rural areas. The Minister of Communications, Innovation & Digital Economy, […]
The former CEO of FirstBank, Adesola Adeduntan, has launched a new financial services firm called Sequoia Financial Services Limited. This was revealed by Adeduntan on LinkedIn where he shared his excitement stating, “I am happy to share that I am starting a new role as President and Founder of Sequoia […]