Month: January 2024

Fintechs in the country are set to launch a framework that will help them fight against the escalating threat of fraud within the county’s electronic payments ecosystem. The FinTech Association of Nigeria Chief Executive…

Tech stocks rebounded from a disastrous 2022 and lifted the Nasdaq to one of its strongest years in the past two decades. According to CNBC, after last year’s 33 per cent plunge, the tech-heavy Nasdaq finished 2023 up 43 per…

Startups in Nigeria and other African countries have borrowed $2bn in the last 10 years to bridge their funding gap, according to a report by Briter Bridges. The report, which had the theme ‘Debt financing in Africa’s…

Globacom has stated that it will continue to empower more Nigerians in 2024. The firm, in a release on Sunday, stated that it would sustain that through its loyalty reward schemes and new product and service offerings. The…

Investment in the telecommunications sector dropped to $111.91m in the first three quarters of 2023, down 61.22 per cent from $288.55m in the same period of 2022, according to the National Bureau of Statistics. This…

Interswitch and Vienna Payment Solutions have announced a partnership to enhance payment solutions for banks, hospitality industry players, on-the-go services, financial institutions, and retailers. According to the firms,…

Tech4Dev, a non-profit social enterprise, has announced the launch of an outsourcing enterprise aimed at employing 100,000 young Africans over the next seven years. The firm stated that the creation of its new enterprise,…

Enterprises invested more than $19.4bn worldwide on GenAI solutions in 2023, an updated forecast from International Data Corporation has shown. According to the firm, this spending was on GenAI software as well as related…

The Nasarawa State Government has approved the removal of Right of Way charges for the installation, placing, laying and maintaining telecommunications network facilities in the state. This was revealed in a newly signed…