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Telecom

GSMA Industry Services Launches Circularity Services to Help Operators Reduce E-Waste and Unlock Value

GSMA Industry Services announced the launch of its new Circularity Services offering, designed to help mobile operators and ecosystem partners extend the life of devices, reduce e-waste, and unlock greater value from existing assets. The offering launches with two commercial partners: Closing the Loop, whose ‘One for One’ service links one new mobile device sold […]

Business news

World Bank Investing US$25 million in Equity in Jumia Technologies

The World Bank Group is supporting the expansion of Africa’s digital commerce infrastructure to help small businesses reach new markets, create jobs, and strengthen economic opportunities across the continent. Through Jumia, Africa’s leading e-commerce platform, the investment is expected to enable approximately 60,000 local annual active sellers to participate more fully in the digital economy, […]

Fintech

Firm Urges MSMEs to Increase Digital Payments Adoption for Growth

eTranzact International Plc has called for increased adoption of digital payment solutions among micro, small and medium enterprises (MSMEs), saying access to technology is critical to improving business efficiency, financial inclusion and growth. The company also said it was deepening its partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to expand […]

News

NDPC Investigates UNILAG, Lotus Bank, Hackerbella Ltd over Alleged Data Protection Violations

The Nigeria Data Protection Commission (NDPC) has commenced a forensic investigation into the University of Lagos (UNILAG), Lotus Bank and Hackerbella Ltd following public complaints alleging the use of students’ personal data to open bank accounts without a lawful basis. The National Commissioner and Chief Executive Officer of the Commission, Dr Vincent Olatunji, has directed […]

Tech

Microsoft to Unveil Next-generation AI Chip in September

Microsoft is planning to unveil its new Maia 300 AI chip this fall, potentially as soon ​as next month, The Information reported on Monday, citing ‌people with direct knowledge of the plans. The company introduced its Maia AI chip in November 2023 but has lagged rivals such as Alphabet and ​Amazon in scaling up its […]

Business news

Moove Achieves Unicorn Status With $250M Funding

Mobility technology company, Moove has raised $250 million in a Series C funding round at a valuation of $2.1 billion, reaching unicorn status. The startup will deploy the fresh capital to build out autonomous vehicle infrastructure, expand fleet ownership, construct robotics-focused “Nests” for charging and maintenance, and grow its autonomous workforce from 150 to 500 […]

Telecom

ipNX Collaborates with ICT Stakeholders on the Future of Fibre-to-the-Home in Nigeria @ ATCON Forum

ipNX Nigeria joined other stakeholders across the telecommunications ecosystem as they convened at the Association of Telecommunications Companies of Nigeria (ATCON) Critical Conversation Forum on Fibre-to-the-Home (FTTH) to deliberate on practical solutions to the challenges affecting broadband infrastructure deployment and the future of fibre connectivity in the country. The forum, themed “Fibre to the Home […]

News

SEC Moves Recover Unclaimed Dividends, Inherited Investments Nationwide

The Securities and Exchange Commission (SEC) has launched a nationwide awareness campaign aimed at helping investors and beneficiaries recover unclaimed dividends and inherited investments, as part of efforts to strengthen investor protection and reduce the volume of dormant assets in Nigeria’s capital market. The initiative, unveiled in Abuja through the Probate/Unclaimed Monies Awareness and Investor […]

Business news

New Tax Rules Put Nigeria’s $92bn Crypto Market, Its Young Builders at Risk

Nigeria’s $92 billion virtual asset market, built overwhelmingly by young Nigerians and now the largest in Sub-Saharan Africa, risks being driven offshore by the new Guidelines on the Taxation of Virtual Assets, the Digital Assets Coalition warned, as it published its formal position paper on the framework, which came into force on 3 August 2026. […]

Business news

TeamApt, Awabah Partner to Bring Micro-Pension Contributions to POS Terminals Nationwide

TeamApt Limited, a payment infrastructure company, has partnered with digital pension agent platform Awabah to power Pension Direct, a micro-pension solution for self-employed and informal-sector workers. The partnership was announced at the launch of Pension Direct in Lagos. For over a decade, TeamApt has powered core banking and payments infrastructure for a wide range of […]

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