Sunday, July 13, 2025
No menu items!
type here...

Latest Tech News Nigeria

Features

Are Independent Projects the Future of Nigerian Energy?

Luis Monzon -
The successful completion of the Azura Edo 450 MW gas-fired power project in 2016 was hailed at the time as setting the blueprint for future independent power projects in Nigeria. The $900-million plant, which gathered 20 international banks and equity...
General

A Fifth of Nigeria’s Workforce Now Jobless Due to COVID-19

Luis Monzon -
COVID-19 and its resulting worldwide pandemic have resulted in a fifth of Nigeria's workforce losing their jobs, according to the Nigerian Bureau of Statistics. The job cuts followed significant disruptions to supply chains, continuing supply and demand shocks, and a...
FinTech

Nigeria Prepares to Launch Own Cryptocurrency – “eNaira”

Luis Monzon -
Nigeria is working with fintech Bitt Inc as a technical partner to launch the country's own cryptocurrency - the eNaira - according to the Central Bank of Nigeria (CBN). The Barbados-based Bitt Inc earlier in 2021 led the development of...
Startups

Nigeria’s OPay Raises $400-Million in Largest Investment Round by African Startup

Luis Monzon -
Nigeria-based fintech OPay has secured $400-million during a new funding round left by SoftBank Vision Fund, Japanese conglomerate SoftBank's venture capital arm. According to Tech Cabal, this latest funding round brings total investments into OPay to $570-million and sees the...
Online & Social

Nigeria Now Expects to Lift Twitter Ban by End of Year

Luis Monzon -
Last week, IT News Africa reported that Nigerian authorities were expecting to lift the country's ban of social network Twitter "in the next few days or weeks", according to Nigeria's Information Minister, Lai Mohammed. The Minister said that the Federal...
Online & Social

Nigeria to Lift Twitter Ban “In The Next Few Days”

Luis Monzon -
Nigeria is soon expected to lift its ban on Twitter, according to Information Minister Lai Mohammed who relayed as much on Wednesday. This comes after the apparent resolution of some of the differences between the country's Federal Government and...
Company News

Shell to Pay $111-Million to Nigeria Over Decades-Old Oil Spill

Luis Monzon -
Oil giant Royal Dutch Shell has agreed to pay $111.6-million to communities in southern Nigeria over a crude oil spill that occurred in 1970, according to The Guardian. This decision is one of the latest involving Nigeria's oil-producing south, where...
FinTech

Nigerian FinTech Kuda Bank Closes $55-Million Series B Funding Round

Luis Monzon -
Kuda Bank, a Nigerian fintech startup has raised $55-million in a Series B funding round at a valuation of $500-million. Previously, the company announced it had raised $25-million during a round of Series A funding a little over four...
Mobile and Telecoms

MTN Nigeria Reports Increased Earnings Despite Losing 7.6M Subscribers

Luis Monzon -
MTN Nigeria has released its unaudited results for the half-year ended June as the telco celebrates its 20th anniversary. The results show that its mobile subscriptions had declined by 7.6-million to 68.9-million. Subscriptions had been significantly impacted by regulatory restrictions...
Mobile and Telecoms

Nigeria Finally Ready to Deploy 5G According to NCC

Luis Monzon -
Prof. Umar Danbatta, the Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), says that all is now set for the rollout of 5G services across the country. The NCC's greenlight for 5G rollout is part of the fulfilment...
12Page 1 of 2
- Advertisement -spot_img

Latest News

Company NewsMamsi Nkosi -

How Fayda Digital ID Powers Ethiopia’s Ambitious One-Stop Government Service Platform

Ethiopia has launched MESOB (Modern Ethiopian Service for Organized Benefits), a groundbreaking one-stop shop platform that exemplifies how Digital...
- Advertisement -spot_img

Services

Links

Stay connected

© IT News Africa | All rights reserved.