Technology

Stakeholders link Nigerian startups’ failure to overreliance on fundraising

Experts have blamed overreliance on fundraising for the failure of many Nigerian startups. The founder of Interswitch, Mitchell Elegbe, while speaking at the 2024 edition

Technology

Moove leads startup investment in Nigeria, says report

The startup landscape in Nigeria experienced an unprecedented boom, with the latest quarterly report revealing a $466m investment influx in the first quarter of the

Technology

Moniepoint unveils new banking solution to combat fraud

Moniepoint Microfinance Bank has unveiled new unstructured supplementary service data to combat fraud and enhance the customer experience. The bank said the new service was

Technology

Lawmakers criticises Biden after Huawei unveils laptop with Intel AI chip

Republican U.S. lawmakers have criticised the Biden administration after sanctioned Chinese telecoms equipment giant Huawei unveiled a laptop this week powered by an Intel AI

Technology

IMF advocates national strategy as banks lose $2.5bn to cyberattacks

The International Monetary Fund has called for immediate action on national cybersecurity strategies as global banks suffer $2.5bn loss to cyberattacks in four years. The

Technology

MTN’s ayoba hits 35 million monthly active users

MTN’s instant messaging platform, ayoba reached 35 million monthly active users across the African continent in December 2023. The telecoms operator made this disclosure in

Technology

OpenAI markets ChatGPT Enterprise to large firms

OpenAI Chief Executive Sam Altman has hosted hundreds of Fortune 500 company executives in San Francisco, New York and London this month, where he and

Technology

FG upgrades biometric system as NINs hit 104 million

The National Identity Management Commission and IDEMIA Smart Identity have agreed to renew their long-standing collaboration to upgrade NIMC’s biometric system, as the number of

Technology

New national ID card single, NIMC clarifies

The National Identity Management Commission has revealed that the new national identity card is a single, multipurpose card and not three separate cards. The Head

Technology

Tips to avoid Facebook MarketPlace scam

JUSTICE OKAMGBA writes on why you need to protect yourself from being a victim of scams while using Facebook Marketplace Facebook Marketplace has become a