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News
Nigeria???s payment industry heads for local data shift as Techeconomy opens GrowthX 2026
1+ mon, 1+ day ago (685+ words) Global Data Centre Dynamics awards Rack Centre for its operations Nigeria’s payment and technology industry is heading towards a major data localisation shift as operators prepare for new requirements around the storage and management of payment transaction data generated within…...
Africa can unlock new industries through environmental intelligence??? Ofili
1+ mon, 3+ day ago (407+ words) “For many years, sustainability was largely viewed as a regulatory obligation or corporate social responsibility initiative,” she said. “That perspective is changing. Environmental data has become business data, and organisations that understand environmental change early will be better positioned to…...
Pivot Integrated Energy Services eyes N100bn from series 1 Commercial Paper issuance
1+ mon, 3+ week ago (217+ words) Pathway Advisors Limited, the Lead Arranger and Issuing House has disclosed that Pivot Integrated Energy Services Limited series 1 Commercial Paper (CP) issuance of up to N100 billion under its N300 billion Commercial Paper programme is now open for subscription. Pivot Integrated Energy…...
WORLD IN BRIEF: SpaceX overtakes Amazon, Swedish man jailed over wife’s exploitation, Ramaphosa warns against migrant scapegoating and other stories
2+ mon, 3+ week ago (834+ words) Elon Musk’s SpaceX has overtaken Amazon to become the world’s fifth most valuable company after a sharp rise in its share price following its historic stock market debut. The space exploration company’s valuation surged to about $2.78 trillion, surpassing Amazon’s estimated…...
Nigerian power sector adopts vigilante models to safeguard grid stability
3+ mon, 4+ week ago (136+ words) The Nigerian power sector has faced persistent challenges due to the frequent impact of vandals attacking critical infrastructure. With......
Why Nigeria's Crypto ban added friction without stabilising the naira
4+ mon, 3+ week ago (271+ words) When the gap between Nigeria’s crypto-implied naira rate and the official exchange rate widened, policymakers reached for the obvious lever, crypto. Restrict it, and the pressure on the naira would ease. I examined 1,835 trading days of matched data on the…...
Anthony Olanrewaju Named Among Nigeria’s Top 100 Persons of the Year
4+ mon, 3+ week ago (371+ words) Anthony Olanrewaju Aderinwale, co-founder and chief executive of Hermplify Technologies Ltd., has been named among Nigeria’s Top 100 Persons of the Year by 40Under40 Nigeria, in a recognition that highlights a shift toward impact-driven leadership in the country’s innovation space. The annual…...
Africa records 20 major tech exits in 10 years
9+ mon, 2+ week ago (494+ words) Africa’s technology ecosystem has recorded about 20 major exits valued above $50 million in the past decade, according to fresh insights from Africa: The Big Deal. While the numbers may appear modest when compared with Silicon Valley or other mature markets, analysts…...