Startup funds slump by 31% in H1 as Nigeria raises $172 million
Startup funding to Nigeria, South Africa, Egypt, Kenya and other parts of Africa dropped by 31 per cent in the half year of 2024. This is according to an analysis by Africa:
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Germany explores tech, business collaboration with Nigeria
Germany has expressed willingness to explore more opportunities in Nigeria for the mutual development of both countries.This was made known when Lagos hosted a delegation of German entrepreneurs, innovators and investors, underscoring
Koo app to shut down after failing to gain traction
Social media platform, Koo, which has X (Twitter) features is shutting down four years after launch. Co-founders Aprameya Radhakrishna and Mayank Bidawatka announced this, citing the inability to raise funds and unfavorable
9mobile gets new CEO, Banigbe, gears up for new challenge
AS part of preparation for a new phase of business transformation, the Board of Directors of Emerging Markets Telecommunication Services Limited (EMTS), operating as 9mobile, on Thursday, announced the appointment of seasoned
Six geo-political zones to get AI, blockchain, other research centres
National Information Technology Development Agency (NITDA) has announced plans for the establishment of research centres for emerging technologies such as Artificial Intelligence (AI), Internet of Things (IoT) and blockchain, among others across
CBN tasks fintechs on regulations, stakeholders’ engagement
The Central Bank of Nigeria (CBN) has tasked financial technology (fintech) firms in the country on regulations and increased stakeholders’ engagement to strengthen the sub-sector. The CBN stated this when FintechNGR, the
Telcos swap 1,911 users in Q1 as Lagos, two others control 23% subscribers
Data from the National Bureau of Statistics (NBS) have revealed that mobile network operators (MNOs) exchanged 1,911 subscribers through mobile number porting (MNP) in the first quarter. The NBS disclosed that MTN
Telecoms operators tasked on connectivity in crisis zones
Telecommunications operators have been tasked with the responsibility of ensuring that crisis-affected zones in the country are connected. This move is expected to improve the quality of living within those areas, especially in the
Telecoms attracts $191.5 million foreign investments in Q1
The telecommunication sector attracted $191.5 million in Foreign Direct Investment (FDI) in the first quarter of 2024. This was disclosed by the National Bureau of Statistics (NBS) in the latest capital importation
Ndukwe seeks reduction in mobile phone tariffs
MTN Nigeria Chairman, Ernest Ndukwe, has advocated the reduction of mobile phone tariffs in Nigeria to enable wider accessibility. Ndukwe stated in Lagos at the weekend when ZTE renewed competition with a line-up of
Expert explains secure APIs approach, cyber safety in new book
A new book has offered leeway in securing Application Programming Interface (APIs) and protection of organisation’s data against hackers. The book, titled: ‘API Security for White Hat Hackers,’ authoured by cybersecurity expert, Confidence Staveley, offered