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NITDA

The federal government is planning to develop regulations to guide the operations of e-commerce platforms in the country as well as cyber insurance for the users. 
The Minister of Communications and Digital Economy Dr Bosun Tijani, has said the country’s digital economy is capable of revolutionising the nation’s economy as it has been projected to generate N18.3 billion by 2026. 
The National Information Technology Development Agency (NITDA) has aired its plan to develop an Indigenous blockchain dubbed “Nigerium” to protect the country’s data and promote national security.  
The National Information Technology Development Agency (NITDA) said it has partnered strategically with the National Youth Service Corp (NYSC) to train 30 million Nigerians on digital skills. 
The National Information Technology Development Agency (NITDA) has inaugurated a Startup Labelling Committee as part of moves to implement the Nigeria Startup Act (NSA)  
Ten commercial banks in Nigeria contributed a total of N33.7 billion to the Nigeria Information Technology Development Fund (NITDEF) in 2023.  
Members of the committee were drawn from government agencies, institutions, the private sector, academia, and the industry involved in the blockchain ecosystem.
NITDA DG said it is important for stakeholders to collaborate in advancing the Nigerian digital space because activities online generate human and Artificial Intelligence compendium, accessible to the rest of the world.
NITDA said it has also registered 912 Venture Capitalists, 1,735 Angel Investors, and 925 Accelerators, Incubators, and Hubs.
The National Information Technology Development Agency (NITDA) has warned Nigerians to be wary of scanning QR codes as scammers are now using them to defraud users. 
The Nigeria Data Protection Commission (NDPC) is currently investigating over 400 cases of privacy breaches involving digital lenders, popularly known as loan apps.  
As the continent surges forward in the digital age, there is a bustling landscape of tech accelerators emerging with the promise of providing platforms where innovation and entrepreneurship intertwine.