Tech
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Nigeria’s Banks Double Down on Tech, Spending ₦518.5bn
In 2024, Nigeria’s leading banks significantly boosted their investment in technology, spending a record N518.5 billion. That’s more than double...
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China Unveils World’s Fastest Internet Network with 1.2 Terabit Per Second Speeds
China has officially launched what it claims to be the world's most advanced internet network, achieving unprecedented speeds of 1.2...
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Nigeria Bets Big on AI and Cybersecurity To Lead Africa’s Digital Future
Nigeria’s tech ambitions took center stage this week at GITEX Africa in Morocco. The National Information Technology Development Agency (NITDA)...
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Access Holdings’ fintech, Hydrogen, records N1.8 billion profit in 2024
Hydrogen, the fintech arm of Access Holdings, has reported a profit after tax of ₦1.8 billion in 2024, a massive...
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Moniepoint Enters UK-Nigeria Remittance Race with Monieworld
Moniepoint, the Nigerian fintech unicorn, has launched Monieworld, a new remittance service for UK residents. The app allows users to...
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Nigerian Banks Cash In ₦674 Billion From E-payments
Ten of Nigeria’s biggest banks are reaping the rewards of the digital age. In 2024, they recorded a 58% jump...
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NITDA Partners with France-Based SecDojo to Launch Cybersecurity Academy in Nigeria
The National Information Technology Development Agency (NITDA) has signed a Memorandum of Understanding (MoU) with France-based cybersecurity firm SecDojo to...
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Nigerians Lose about N1 Trillion as Likely “Ponzi Scheme” CBEX Collapse
CBEX, a digital asset trading platform that promised 100% returns in 30 days, collapsed, leaving thousands of Nigerians unable to...
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FG Commissions 400kW Solar Plant at Yobe Hospital
The Federal Government has commissioned a 400-kilowatt (kW) solar photovoltaic (PV) power plant at the Yobe State University Teaching Hospital,...
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SEC Delays New Crypto Licences, Citing More Due Diligence
Nigeria’s Securities and Exchange Commission (SEC) has announced a delay in issuing new provisional licences to crypto startups under its...
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