Tech
Firm plans event for 20,000 tech leaders
Omniverse has announced plans to host a summit for tech leaders and enthusiasts in Lagos. According to a statement, Omniverse is a platform co-created with the Innovation Support Network. The organisers of the summit stated…
AppsFlyer launches AI solution for marketing campaigns
AppsFlyer, a marketing measurement and data analytics firm, has announced the launch of Creative Optimisation, an artificial intelligence solution for marketing campaigns. The firm said in a statement that the new product…
Allocation to ICT ministry falls to N28.54bn
The budget allocation to the Ministry of Communications, Innovation and Digital Economy fell for the second year in a row, despite its significant contributions to the country’s Gross Domestic Product. According to the…
US firm to make slower chips
U.S. chipmaking giant, Nvidia, is set to launch an adjusted version of a gaming processor with slower performance in China to comply with U.S. export restrictions. According to CNBC, the new Nvidia RTX 4090D, which a…
Defence startup raises fresh $300m
DefenCe tech startup, Shield AI, has expanded its latest funding round with another $300m in equity and debt, bringing its total Series F to $500m, TechCrunch has reported. According to TechCrunch, this total amount reflects…
5G coverage in Nigeria, others at 6% – ITU
5G coverage in Nigeria and other African countries remains the lowest in the world at six per cent, the International Telecommunications Union has disclosed. According to the ITU in its ‘Mobile Network Coverage Facts and…
Fintechs to launch framework against rising fraud cases
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…
Global tech stocks rebound in 2023
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…
African startups borrow $2bn in 10 years — Report
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…
Glo to empower more Nigerians in 2024
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…
