Technology
World Bank boosts Nigeria’s infrastructure drive
Nigeria’s Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, said the World Bank has provided a significant boost to Nigeria’s efforts to deploy 90,000 km of fibre across the country. The minister confirmed this in a post to his X account. While the specifics of the support—whether financial or otherwise—were not released, Tijani previously…
SeerBit, Sabre partner to redefine Africa’s travel payments
Africa’s payment solutions provider, SeerBit, has sealed a strategic partnership deal with Sabre, a global leader in software and technology solutions powering the travel industry, to ensure seamless payment. This collaboration will provide Sabre’s clients with access to SeerBit’s powerful payment infrastructure, delivering seamless, secure, and efficient payment processing for transactions and other value-added services…
Trium Limited CEO sees emerging markets adopt digital tech faster
EMERGING technology trends in the digital space will enable emerging markets, especially in Africa, to bypass the old systems and adopt digital infrastructure at a speed faster than that of well-established markets, CEO of Trium Limited, Adebayo Adewolu, has said. Adewolu spoke while giving key insights at the 2024 International Capital Markets Association (ICMA) FinTech…
Socket secures $40m to combat software supply chain security attacks
A COMPANY, Socket, has secured a $40million funding round to tackle the rising tide of supply chain security attacks. With over 90 per cent of modern applications built on open source, security has become more critical than ever. Traditional Software Composition Analysis (SCA) tools are struggling to keep up with ever rising attacks. Socket safeguards…
PalmPay Nigeria CEO urges fintechs on boosting FDI
AFRICA-focused fintech company, PalmPay, has stressed the need for founders within the fintech ecosystem to boost investors’ confidence to drive more foreign direct investment (FDI) across the continent. The company believes that working closely with investors is vital to creating value. Speaking at the just concluded 2024 Nigeria Fintech Week in Lagos, Managing Director, PalmPay…
MTN: Nigeria carriers might suspend services over N250b USSD debt
If the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) fail to address the debt overhang of about N250 billion owed mobile network operators (MNOs) as a result of the use of the Unstructured Supplementary Service Data (USSD), the operators might, subject to regulatory approval, suspend supporting the use of the service…
realme makes Nigeria debut with premium affordable smartphones
realme, one of the world’s fastest-growing smartphone brands, has officially launched its operations in Nigeria. With a focus on combining affordability with cutting-edge technology, realme’s market entry aims to address the growing demand for high-performance mobile devices in the country. The market entry was marked by a grand launch at the Balmoral Convention Center, Ikeja,…
ITU makes progress on UN’s calls for global AI standards, capacity development
Artificial Intelligence (AI) has featured among key issues being considered by the World Telecommunication Standardization Assembly (WTSA-24) as it prepares for its second week in New Delhi, India. Now in midway through its work, WTSA-24 will determine the course of action for the next four years of standards development for the International Telecommunication Union (ITU)….