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 …
Apple’s latest flagship, the iPhone 17 series, has recorded a strong start, outperforming its predecessor by 14% in early sales across China and the United States, according to new data from research firm Counterpoint. In its report released on Monday, Counterpoint noted that sales of the base model iPhone 17 nearly doubled in China compared …
Electronic payment transactions in Nigeria surged to N384 trillion in July this year, rising by 37.14 per cent from N280 trillion in August 2024. The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, disclosed this at the ongoing Nigeria Fintech Week 2025, which started on Tuesday, October 7, and is being held in …
Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, says the country’s new $2 billion broadband rollout could boost GDP growth, enable digital inclusion, and position Nigeria as Africa’s next global tech exporter. Nigeria is making an audacious bet that fibre-optic broadband and innovation hubs can unlock the nation’s long-anticipated digital wealth. Speaking at …
The Central Bank of Nigeria (CBN) Olayemi Cardoso said the apex bank is collaborating with the Securities and Exchange Commission (SEC) to develop a sustainable framework for digital currencies in the country. He spoke on this at the CBN governor’s annual lecture series at the Lagos Business School (LBS) on Friday, October 3. According to …
