Tech News
News from the tech and telecoms sector in Nigeria
Bolt accelerator shortlists 20 Nigerian drivers to compete for €2,000 seed funding
Bolt, has shortlisted 20 finalists to participate in the two-week Bootcamp phase of its accelerator program called Den.
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Nigeria, others to attract $450 million through U.S. DTA initiative
Will Stevens has said that Nigeria and other African countries will attract over $450 million in financing through its DTA...
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How OpenAI board fired CEO, Sam Altman, and Chairman, Greg Brockman
Details have emerged of the intrigues that played out on Friday leading to the exit of OpenAI’s popular CEO, Sam...
Read moreDetails“80% of Nigerian startups are incorporated in the U.S.”- Consul General
The United States Consul General in Nigeria, Will Stevens, has disclosed that 80% of Nigerian startups are incorporated in the...
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MTN to further review tower contracts, says 1,500 sites almost due for renewal
The CEO of MTN Nigeria, Karl Toriola, has announced that there will be periodic reviews of the company’s tower contracts,...
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Why African fintechs are getting less attention from investors in 2023 – Stears
Economic and industry analytics firm, Stears, has said that fintech companies in Africa are now receiving less attention from investors...
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Senate confirms Maida as Executive Vice Chairman of NCC
The Senate on Thursday confirmed the appointment of Dr. Aminu Maida as the substantive Executive Vice Chairman and Chief Executive...
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IOSCO establishes a regulatory framework for global crypto and digital asset markets
IOSCO, the global securities watchdog for securities market regulators, has published its final report with policy recommendations for crypto and...
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Paystack to lay off 33 employees in Europe, UAE, CEO says it’s “a difficult day”
Nigerian fintech startup, Paystack, is set to lay off 33 of its employees based in Europe and the United Arab...
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Multichoice records $72.4 million net loss, blames Naira devaluation
MultiChoice Group Ltd. has reported its third consecutive semi-annual loss, attributing the financial challenges to foreign exchange difficulties in Nigeria...
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