Africa’s biometric systems are blocking millions of citizens from access to fundamental rights and services, a report has shown. The report, titled ‘Biometric Digital-ID in Africa: Progress and Challenges to Date – Ten Country Case Studies’, was published on Thursday, December 4, by the Institute of Development Studies (IDS). It provides the most comprehensive and …
Former Vice President Atiku Abubakar has expressed concern over the appointment of Xpress Payment Solutions Limited as a new Treasury Single Account (TSA) collecting agent. He raised the concern in a statement on Sunday, November 23, urging the federal government to come clean with Nigerians. He likened the appointment to a dangerous resurrection of the …
Telecommunications (Telecom) companies in Nigeria grew revenue to ₦7.67 trillion in 2024, boosted by increased demand for data services, higher subscription rates, and expanded enterprise solutions. The Nigerian Communications Commission (NCC) disclosed this in its 2024 Subscribers/Network Performance Report, released on Wednesday, November 12. It shows that the telecom companies' revenue increased by 44.7 per …
In a bid to expand its digital infrastructure and strengthen its competitiveness under the African Continental Free Trade Area (AfCFTA), the Federal Government of Nigeria has unveiled the largest fibre optic cable factory and first fibre-reinforced plastic manufacturing facility as a strategic asset for national development. The plant, built by Coleman Technical Industries Limited in …
The Federal Government said it is targeting $75 million in two new investment funds under its Investment in Digital and Creative Enterprises (iDICE) programme to boost the Nigerian technology and creative sectors in 2026. It was said in a statement on Monday, November 10, by the Senior Special Assistant to the President on Media and …
Africa’s next economic revolution may not come from its oil wells, gold mines, or farmlands but from trust, transparency, and technology. A new survey by Co-Develop, released on the sidelines of the Global Digital Public Infrastructure (DPI) Summit 2025 in Cape Town, has revealed a groundbreaking trend. Across six African countries, citizens overwhelmingly believe that …
In the shifting landscape of Nigeria’s investment economy, a silent revolution is underway. It is not powered by oil rigs or government budgets but by data, digital innovation, and private capital that are redefining how Nigerian startups grow, scale, and survive. For the first time in decades, private equity (PE) and venture capital (VC) have …
Nigeria’s drive toward full financial inclusion has entered a defining phase, one where digital identity, smart regulation, and data-led innovation will determine who gets left behind in Africa’s largest economy. At the Semafor “Next 3 Billion Tour” held in Abuja this week, Minister of State for Finance, Dr Doris Uzoka-Anite, announced that the Federal …
Financial Services Innovators (FSI), in partnership with Mentors Without Borders (MWB), has announced the launch of a six-month Tech Mentorship Programme at Thomas Adewunmi University (TAU) in Kwara State. The initiative aims to upskill 50 students in high-demand technology fields and enhance their global employability, FSI said in a statement on Wednesday, October 22. "Building …
Nigeria has produced one of its youngest commercial pilots, 18-year-old Mohammed Aminu Sani, who recently earned a U.S. Federal Aviation Administration (FAA) Commercial Multi-Engine Pilot License from Phoenix East Aviation (PEA) in Daytona Beach, Florida. Sani completed the intensive training programme in just 10 months, passing every stage without a single checkride failure, a rare …
