SEC Proposes N30m Crypto Fee, N2bn Capital for Exchanges
Nigeria's SEC proposes N30m registration fees for crypto exchanges, N2bn capital requirements, and a N10m annual retail investment cap under new draft rules.
Category : Technology
FG Approves 2 New Satellites to Cut Foreign Reliance
Nigeria's Federal Government has approved two new satellites to reduce dependence on foreign infrastructure, boosting local space capabilities and economic growth.
NITDA: Traditional Regulations Can't Ensure Financial Stability
NITDA warns that traditional regulations can no longer guarantee Nigeria's financial stability, urging adoption of emerging technologies and proactive regulatory frameworks to address digital transformation risks.
FG Unveils Framework to Reshape Nigeria's 339 Innovation Hubs
The Federal Government has announced a new framework to reshape Nigeria's 339 innovation hubs, aiming to boost tech entrepreneurship and align with national development goals.
World Bank: AI can fast-track developing nations by decades
AI could help developing countries achieve in a decade what might otherwise take a century, says the World Bank's 2026 report, urging swift action on infrastructure gaps.
FEC approves revised National Biotechnology Policy 2026
Nigeria's FEC has approved the revised National Biotechnology Policy 2026, updating the 2001 policy to boost research, innovation, and economic growth.
Infinix HOT 70 Pro 5G FlashMemo AI Tackles Screenshot Clutter
Infinix HOT 70 Pro 5G introduces FlashMemo AI to organize screenshots and reduce digital clutter, with MindHub, Active Matrix Cube, and a 50MP Sony camera.
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Nigerian Students Get Free Google AI Plus for One Year
Nigerian students aged 18+ in accredited higher institutions can claim 12 months of free Google AI Plus (worth ₦92,400), with renewals available, starting today.
Robot Malfunctions at Beijing World Robot Conference After Remote Failure
A humanoid robot malfunctioned at the 2026 World Robot Conference in Beijing after losing its remote connection, thrashing uncontrollably as operators struggled to shut it down, renewing safety concerns.
Google Offers Nigerian Students Free 12-Month AI Plus Subscription
Google launches Gemini Student Offer for Nigerian university, polytechnic and college students, providing free 12-month AI Plus subscription valued at N92,400 per student across 27 Sub-Saharan African countries.
Nigerian Students Get Google AI Plus Free: How to Claim
Google offers Nigerian students 12 months of free Google AI Plus worth ₦92,400. Eligible students aged 18+ in accredited universities, polytechnics, and colleges can claim and renew.
Nigeria’s Digital Address System: New Home Postcodes from Oct 2026
Nigeria’s new Alphanumeric Postcode System launches October 1, 2026, giving every home a unique digital address. The GIS-enabled system aims to improve logistics, e-commerce, emergency response, and national planning, with integration into national identi
Microsoft Warns Africa Risks Becoming AI Consumer
Microsoft warns Africa risks becoming a net consumer of AI technologies due to weak adoption, citing a lack of infrastructure, skills, and policy frameworks across the continent.
YouTube Offers Millions to Creators in Exclusive Deals to Rival Netflix
YouTube is offering selected creators millions of dollars for exclusive content, intensifying competition with Netflix. This move could create major opportunities for Nigerian creators in the growing digital economy.
OPay Fights Fraud with AI and 5,000+ Rules to Protect Customer Funds
OPay's AML/CFT system uses AI, 5,000+ rules, and 10,000 risk profiles to block suspicious transactions, keeping its fraud rate below 0.001% and blocking over 1 million fake identities.
Fintribe App Helps African Women Save and Build Wealth
Fintribe has launched a mobile app designed to help African women save, learn, and build wealth through financial education and community support.
Standard Bank in Talks to Acquire Stake in OPay Ahead of $4bn IPO
Standard Bank Group is considering acquiring a stake in Nigerian fintech OPay, which targets a $4 billion valuation in a US IPO. Talks are preliminary, and no deal is confirmed.
Mr Eazi Plans NGX Listing for Nigerians to Own His Tech
Nigerian music star Mr Eazi plans to list his tech company on NGX, aiming to let Nigerians own shares and benefit from its growth, according to a report.
Oyakhilome Unveils Tsion Electric Cars at Church Event
Christ Embassy founder Pastor Chris Oyakhilome unveiled Tsion electric vehicles, including Passion, Falcon, Vision Coupe, and OG series, at The New Economy Unveiling 2026, sparking mixed reactions online.
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State Licensing Redraws Nigeria's Gambling Map; Crypto Casinos Adapt
Nigeria's gambling regulation shifted to states after a 2024 Supreme Court ruling. By 2026, state-by-state licensing is emerging, and crypto live casinos like Shuffle are adapting. Legality now depends on location, and players must verify state rules.
Meta Launches AI Academy Nigeria: Free Training, $5,000 Credits
Meta partners with Nigeria's Federal Ministry to launch AI Academy Nigeria, offering free AI training, a six-week bootcamp, and up to $5,000 in ad credits to top performers.
Myanmar, India Lead Global Internet Shutdown Rankings
Myanmar topped the global list with 95 internet shutdowns in 2025, followed by India with 65, according to Statisense. Africa recorded 30 shutdowns across 15 countries, with Nigeria ranking 29th globally.
Rural Electrification in Age of AI: From Megawatts to Prosperity
AI-driven rural electrification is transforming energy access in Nigeria, moving beyond megawatts to drive economic prosperity and sustainable development.
FG Launches Free Digital Training Academy for 32,000 Nigerians
The Federal Government launched the Digital Training Academy (DTA) on August 17, 2026, offering free online training in AI, cybersecurity, and more to 32,000 Nigerians aged 18+ via Coursera.
Standard Chartered, JA Nigeria to Equip 600+ Youths with Digital Skills
Standard Chartered Bank Nigeria and Junior Achievement Nigeria partner to train over 600 young Nigerians in digital and financial skills, boosting employability and entrepreneurship.
Digital Encode Launches DEPAS AI to Counter AI-Led Cybercrime
Digital Encode launched DEPAS AI, Nigeria's first autonomous access testing platform, to counter AI-driven cyber threats, as IBM reports AI-enabled breaches cost $6.04M on average.
TrustBanc CEO Urges AI-Enabled MSME Credit and Certification
TrustBanc CEO calls for AI-driven credit scoring for MSMEs and professional fintech certification to boost lending and sector credibility in Nigeria.
Bosun Tijani Unveils National Digital Cloud Policy, Targets $750m
Nigeria's Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has unveiled a National Digital Cloud Policy targeting $750 million in investments, aiming to boost local cloud adoption and digital sovereignty.
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Meta, FG Launch Free AI Academy for Nigerians with $5,000 Grants
Meta and the Federal Government have launched a free AI Academy for Nigerians, offering AI training, $5,000 grants, startup funding, Meta ad credits and an all-expenses-paid trip to Türkiye. Applications for the AI Startup Pitchathon close on August 21.
Nigeria's Broadband Speed Jumps 155% as Fibre Connections Triple
Nigeria's broadband speed rose 155% to 19.8Mbps, while fibre connections tripled to 25,000km, according to the NCC's latest report.
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