Nigerian banks embrace fintech to compete with digital challengers

September 5, 2023

By Alexander Chiejina.   The Nigerian banking landscape is undergoing a profound transformation as traditional banks adapt to the rising tide of digital innovation. Faced with increasing competition from nimble digital banks, traditional Nigerian banks are investing heavily in fintech solutions to stay relevant and competitive. This shift is not just about survival, it is […]

Impact policy action on NRI amid NCC hyping ICT Nigeria GDP contribution

, , August 28, 2023

As country ranks 11th on world internet penetration Leads Africa’s telecoms subscriber base with 82% But stakeholders urge quick impact policy action in NRI infrastructure   Ben Eguzozie, Alexander Chiejina & Saby Elemba, in Owerri With focus by the federal government on fostering the advancement of new technologies in the tech industry, Nigeria’s ICT industry […]

NCC offers advisory against use of unapproved phones, gadgets

Isaac JayeolaAugust 5, 2023

NCC says Juice Jacking new cyber threat to avoid at public charging points

The Nigerian Communications Commission (NCC), the regulatory body overseeing the telecommunications industry in Nigeria, has issued an advisory to traders and stakeholders regarding the sale and purchase of phones and telecommunications gadgets that are not type approved by the commission.  The NCC in a recent public statement highlighted the negative consequences associated with unapproved devices […]

Nigeria agriculture benefiting from innovation, tech solutions

August 5, 2023

Agrictech rising… By Alexander Chiejina. A quiet revolution is taking place in Nigeria’s vast and diverse geography, revolutionising the agricultural industry and empowering farmers via the inventive use of technology. The media has generally ignored the agritech revolution, despite its extraordinary advances in enhancing farming techniques, yields, and economic success.  Nigeria, dubbed the “Giant of […]

Integrate MNOs, plug into diaspora remittances, boost eNaira adoption

August 5, 2023

By Alexander Chiejina. Since the launch of the eNaira, Nigeria’s central bank digital currency (CBDC), on October 25, 2021, the digital version of the Naira, which leverages the power of blockchain technology, the same technology on which cryptocurrencies such as bitcoin, Ether, Litecoin, and others are built, and serves as a medium of exchange, has […]

Nigeria’s Africa largest Crypto interest in 2023 with 66.9%

July 25, 2023

Meme coins, DeFi tokens, Blockchain networks Africa’s top cryptos Alexander Chiejina Nigeria has  by far the largest level of cryptocurrency interest in Africa in 2023, accounting for 66.8 percent of the continent’s year-to-date (YTD) cryptocurrency interest, which is nearly 8 times higher than the next most interested African country, a study by CoinGecko has shown. […]

Smile ID deepens identity verification footprints with Appruve acquisition

July 25, 2023

By Alexander Chiejina. Smile ID,formerly known as Smile Identity, is to deepen its identity verification footprints following its acquisition of the parent company of Appruve, Inclusive Innovations, Inc, it has emerged. The acquisition, Business A.M. learnt, is part of Smile ID’s expansion plan across Africa, and it comes as the company pushes on with fulflling […]

Interswitch CEO named in list of 2023 top global fintech leaders

July 20, 2023

The Financial Technology Report, a global media authority in the fintech industry, has recognised the Interswitch Group Founder and CEO, Mitchell Elegbe, group founder and chief executive officer (CEO) as one of the top fintech CEOs for 2023. He is listed alongside other industry titans, including Dan Schulman, CEO of PayPal, Ryan McInerney, CEO of […]

Google expands Bard into 59 new markets with 40 additional languages

July 13, 2023

Google initiates first dedicated Startups Accelerator for women founders in Africa

By Onome Amuge. Google has announced the expansion of Bard, its conversational AI service, into  59 new countries and territories, with the inclusion of  40 new languages including Swahili,the first African language. The expansion, which further strengthens Google’s competitiveness in the generative AI sector,  includes new features that allow users to better customise their experience,boost […]