Tech News Archives - Nairametrics https://nairametrics.com/category/industries/tech-news/ Destination for Business news and analysis from Africa's largest economy Fri, 16 Aug 2024 16:45:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Tech News Archives - Nairametrics https://nairametrics.com/category/industries/tech-news/ 32 32 201037849 Osun government, MTN Nigeria lock horns over N1 billion Right of Way fee demand  https://nairametrics.com/2024/08/16/osun-government-mtn-nigeria-lock-horns-over-n1-billion-right-of-way-fee-demand/ https://nairametrics.com/2024/08/16/osun-government-mtn-nigeria-lock-horns-over-n1-billion-right-of-way-fee-demand/#respond Fri, 16 Aug 2024 16:45:47 +0000 https://nairametrics.com/?p=495967 Tech giant, MTN Nigeria, is currently locked in a dispute with the Osun State government over an alleged outstanding Right of Way (RoW) fee and penalty worth over N1 billion.  

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]]> https://nairametrics.com/2024/08/16/osun-government-mtn-nigeria-lock-horns-over-n1-billion-right-of-way-fee-demand/feed/ 0 495967 Elon Musk’s Starlink is building Ground Stations in Lagos, Ogun and Rivers State to boost connectivity   https://nairametrics.com/2024/08/16/elon-musks-starlink-is-building-ground-stations-in-lagos-ogun-and-rivers-state-to-boost-connectivity/ https://nairametrics.com/2024/08/16/elon-musks-starlink-is-building-ground-stations-in-lagos-ogun-and-rivers-state-to-boost-connectivity/#respond Fri, 16 Aug 2024 11:58:14 +0000 https://nairametrics.com/?p=495949 Elon Musk’s internet company, Starlink is setting up ground stations across Nigeria in a strategic move aimed at enhancing connectivity in the country. 

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]]> https://nairametrics.com/2024/08/16/elon-musks-starlink-is-building-ground-stations-in-lagos-ogun-and-rivers-state-to-boost-connectivity/feed/ 0 495949 GTBank denies website cloning claims, confirms attempted domain breach  https://nairametrics.com/2024/08/15/gtbank-denies-website-cloning-claims-confirms-attempted-domain-breach/ https://nairametrics.com/2024/08/15/gtbank-denies-website-cloning-claims-confirms-attempted-domain-breach/#respond Thu, 15 Aug 2024 12:52:47 +0000 https://nairametrics.com/?p=495870 Guaranty Trust Bank (GTBank) has confirmed an attempted hacking incident on its website, addressing recent media reports that claimed hackers had seized and cloned the bank's website, intercepting customer data. 

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]]> https://nairametrics.com/2024/08/15/gtbank-denies-website-cloning-claims-confirms-attempted-domain-breach/feed/ 0 495870 Elon Musk’s AI venture, xAI, releases Grok-2 models for premium users on X  https://nairametrics.com/2024/08/14/elon-musks-ai-venture-xai-releases-grok-2-models-for-premium-users-on-x/ https://nairametrics.com/2024/08/14/elon-musks-ai-venture-xai-releases-grok-2-models-for-premium-users-on-x/#respond Wed, 14 Aug 2024 08:59:55 +0000 https://nairametrics.com/?p=495760 Elon Musk's AI venture, xAI, has today launched Grok-2 and Grok-2 Mini currently available exclusively to Premium and Premium+ users on X for early access.  

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]]> https://nairametrics.com/2024/08/14/elon-musks-ai-venture-xai-releases-grok-2-models-for-premium-users-on-x/feed/ 0 495760 Benue State partners with Google to train 10,000 youths in ICT  https://nairametrics.com/2024/08/13/benue-state-partners-with-google-to-train-10000-youths-in-ict/ https://nairametrics.com/2024/08/13/benue-state-partners-with-google-to-train-10000-youths-in-ict/#respond Tue, 13 Aug 2024 19:25:00 +0000 https://nairametrics.com/?p=495730 Benue State Governor Hyacinth Alia, has announced a partnership with Google to train 10,000 youths in Information and Communication Technology (ICT) across the state.  

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]]> https://nairametrics.com/2024/08/13/benue-state-partners-with-google-to-train-10000-youths-in-ict/feed/ 0 495730 Ekiti State inaugurates ‘Ekiti Startup Garage’ to foster digital transformation  https://nairametrics.com/2024/08/13/ekiti-state-inaugurates-ekiti-startup-garage-to-foster-digital-transformation/ https://nairametrics.com/2024/08/13/ekiti-state-inaugurates-ekiti-startup-garage-to-foster-digital-transformation/#respond Tue, 13 Aug 2024 13:20:48 +0000 https://nairametrics.com/?p=495703 Governor Biodun Oyebanji has inaugurated the Ekiti Startup Garage to nurture creativity, promote entrepreneurship, and create an environment for youths to thrive in the digital space.  According to the Ekiti state government, the facility aims to bring together techpreneurs, researchers, developers, and investors to collaborate and create groundbreaking solutions, thus fostering innovation, entrepreneurship, and economic […]

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]]> https://nairametrics.com/2024/08/13/ekiti-state-inaugurates-ekiti-startup-garage-to-foster-digital-transformation/feed/ 0 495703 National Space Agency partners Proforce to develop four advanced satellites for Nigeria  https://nairametrics.com/2024/08/08/national-space-agency-partners-proforce-to-develop-four-advanced-satellites-for-nigeria/ https://nairametrics.com/2024/08/08/national-space-agency-partners-proforce-to-develop-four-advanced-satellites-for-nigeria/#respond Thu, 08 Aug 2024 17:29:30 +0000 https://nairametrics.com/?p=495492 The National Space Research and Development Agency (NASRDA) has announced a collaboration with Proforce Ltd. to develop NigeriaSAT 3, 4, 5, and a Synthetic Aperture Radar (SAR) satellite.

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]]> https://nairametrics.com/2024/08/08/national-space-agency-partners-proforce-to-develop-four-advanced-satellites-for-nigeria/feed/ 0 495492 Government’s payment initiatives key to achieving 95% financial inclusion in Nigeria – Nandan Mer  https://nairametrics.com/2024/08/08/governments-payment-initiatives-key-to-achieving-95-financial-inclusion-in-nigeria-nandan-mer/ https://nairametrics.com/2024/08/08/governments-payment-initiatives-key-to-achieving-95-financial-inclusion-in-nigeria-nandan-mer/#respond Thu, 08 Aug 2024 09:04:30 +0000 https://nairametrics.com/?p=495438 The Group CEO of Network International, Nandan Mer, has said that the ongoing drive to achieve 95% financial inclusion can be accelerated through government-sponsored payment initiatives. 

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]]> https://nairametrics.com/2024/08/08/governments-payment-initiatives-key-to-achieving-95-financial-inclusion-in-nigeria-nandan-mer/feed/ 0 495438 MTN Nigeria renegotiates tower lease agreements with IHS and ATC, cuts dollar component  https://nairametrics.com/2024/08/07/mtn-nigeria-renegotiates-tower-lease-agreements-with-ihs-and-atc-cuts-dollar-component/ https://nairametrics.com/2024/08/07/mtn-nigeria-renegotiates-tower-lease-agreements-with-ihs-and-atc-cuts-dollar-component/#respond Wed, 07 Aug 2024 17:55:56 +0000 https://nairametrics.com/?p=495428 MTN Nigeria Communications Plc on Wednesday said it has renegotiated the binding commercial terms of the existing infrastructure sharing and master lease agreements with IHS and ATC Nigeria.

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]]> https://nairametrics.com/2024/08/07/mtn-nigeria-renegotiates-tower-lease-agreements-with-ihs-and-atc-cuts-dollar-component/feed/ 0 495428 Kuda posted $32 million loss in 2022 amid increase in revenue, customer base   https://nairametrics.com/2024/08/06/kuda-posted-32-million-loss-in-2022-amid-increase-in-revenue-customer-base/ https://nairametrics.com/2024/08/06/kuda-posted-32-million-loss-in-2022-amid-increase-in-revenue-customer-base/#respond Tue, 06 Aug 2024 20:03:36 +0000 https://nairametrics.com/?p=495359 Nigerian neobank, Kuda, recorded a net loss of $32 million in 2022 according to its latest financial report filed in the UK. 

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]]> https://nairametrics.com/2024/08/06/kuda-posted-32-million-loss-in-2022-amid-increase-in-revenue-customer-base/feed/ 0 495359 Jumia records $20.2 million operating loss in Q2 2024 as revenue decline  https://nairametrics.com/2024/08/06/jumia-records-20-2-million-operating-loss-in-q2-2024-as-revenue-decline/ https://nairametrics.com/2024/08/06/jumia-records-20-2-million-operating-loss-in-q2-2024-as-revenue-decline/#respond Tue, 06 Aug 2024 16:17:57 +0000 https://nairametrics.com/?p=495346 Africa’s e-commerce group, Jumia, posted a $20.2 million operating loss in Q2 2024 amid a 17% decline in revenue. 

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]]> https://nairametrics.com/2024/08/06/jumia-records-20-2-million-operating-loss-in-q2-2024-as-revenue-decline/feed/ 0 495346 Meta unveils Llama 3.1 Impact Grants to fund AI-driven startups with $2 million   https://nairametrics.com/2024/08/06/meta-unveils-llama-3-1-impact-grants-to-fund-ai-driven-startups-with-2-million/ https://nairametrics.com/2024/08/06/meta-unveils-llama-3-1-impact-grants-to-fund-ai-driven-startups-with-2-million/#respond Tue, 06 Aug 2024 11:59:00 +0000 https://nairametrics.com/?p=495324 Meta has announced the launch of the Llama 3.1 Impact Grants with a funding pool of up to $2 million, to support organizations across the globe, focusing on regions including Africa, the Middle East, and Turkey. 

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]]> https://nairametrics.com/2024/08/06/meta-unveils-llama-3-1-impact-grants-to-fund-ai-driven-startups-with-2-million/feed/ 0 495324 African startups raise $420 million in July 2024, cross $1 billion year-to-date https://nairametrics.com/2024/08/06/african-startups-raise-420-million-in-july-2024-cross-1-billion-year-to-date/ https://nairametrics.com/2024/08/06/african-startups-raise-420-million-in-july-2024-cross-1-billion-year-to-date/#respond Tue, 06 Aug 2024 10:28:03 +0000 https://nairametrics.com/?p=495316 Tech startups across Africa secured a total of $420 million in funding in July and that came as the highest monthly record so far this year. 

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]]> https://nairametrics.com/2024/08/06/african-startups-raise-420-million-in-july-2024-cross-1-billion-year-to-date/feed/ 0 495316 Forex crisis: Nigeria’s ID4D project gains N8.6 billion from Naira devaluation in 2023  https://nairametrics.com/2024/08/06/forex-crisis-nigerias-id4d-project-gains-n8-6-billion-from-naira-devaluation-in-2023/ https://nairametrics.com/2024/08/06/forex-crisis-nigerias-id4d-project-gains-n8-6-billion-from-naira-devaluation-in-2023/#respond Tue, 06 Aug 2024 06:02:10 +0000 https://nairametrics.com/?p=495282 The devaluation of the Naira resulted in a forex gain of N8.6 billion for the Nigeria Identification for Development (ID4D) project, through which international financiers led by the World Bank are pushing for the enrollment of all Nigerians for the National Identification Number (NIN).

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]]> https://nairametrics.com/2024/08/06/forex-crisis-nigerias-id4d-project-gains-n8-6-billion-from-naira-devaluation-in-2023/feed/ 0 495282 Mercury’s accounts closure may dampen foreign investors’ confidence in Nigerian startups—Austin Okpagu  https://nairametrics.com/2024/08/05/mercurys-accounts-closure-may-dampen-foreign-investors-confidence-in-nigerian-startups-austin-okpagu/ https://nairametrics.com/2024/08/05/mercurys-accounts-closure-may-dampen-foreign-investors-confidence-in-nigerian-startups-austin-okpagu/#respond Mon, 05 Aug 2024 14:45:49 +0000 https://nairametrics.com/?p=495250 The Country Manager of Verto FX, Austin Okpagu, has said that the recent closure of Nigerian startups’ accounts by a U.S. bank, Mercury, may further wane the interest of foreign investors in the country’s startup ecosystem.  Speaking in an interview with Nairametrics, Okpagu said most Nigerian startups that relied heavily on Mercury for their international […]

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]]> https://nairametrics.com/2024/08/05/mercurys-accounts-closure-may-dampen-foreign-investors-confidence-in-nigerian-startups-austin-okpagu/feed/ 0 495250 Digital economy: International Telecommunications Union urges Nigeria to streamline NCC, NITDA’s functions  https://nairametrics.com/2024/08/05/digital-economy-international-telecommunications-union-urges-nigeria-to-streamline-ncc-nitdas-functions/ https://nairametrics.com/2024/08/05/digital-economy-international-telecommunications-union-urges-nigeria-to-streamline-ncc-nitdas-functions/#respond Mon, 05 Aug 2024 06:31:28 +0000 https://nairametrics.com/?p=495200 The International Telecommunications Union (ITU) has advised the Nigerian government to streamline the regulatory roles of the Nigerian Communications Commission (NCC) and the National Information Technology Development Agency (NITDA) to address multiple regulations in the digital space. 

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]]> https://nairametrics.com/2024/08/05/digital-economy-international-telecommunications-union-urges-nigeria-to-streamline-ncc-nitdas-functions/feed/ 0 495200 Telecom regulator, NCC, issues new rules to promote transparency in data, calls tariffs in Nigeria  https://nairametrics.com/2024/08/04/telecom-regulator-ncc-issues-new-rules-to-promote-transparency-in-data-calls-tariffs-in-nigeria/ https://nairametrics.com/2024/08/04/telecom-regulator-ncc-issues-new-rules-to-promote-transparency-in-data-calls-tariffs-in-nigeria/#respond Sun, 04 Aug 2024 05:56:21 +0000 https://nairametrics.com/?p=495163 The Nigerian Communications Commission (NCC) has issued guidance for the telecom operators mandating them to provide adequate information to the subscribers on how they are being charged for each call and data consumed. 

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]]> https://nairametrics.com/2024/08/04/telecom-regulator-ncc-issues-new-rules-to-promote-transparency-in-data-calls-tariffs-in-nigeria/feed/ 0 495163 Telecom regulator, NCC denies approving hike in tariff plans https://nairametrics.com/2024/08/03/telecom-regulator-ncc-denies-approving-hike-in-tariff-plans/ https://nairametrics.com/2024/08/03/telecom-regulator-ncc-denies-approving-hike-in-tariff-plans/#respond Sat, 03 Aug 2024 20:13:20 +0000 https://nairametrics.com/?p=495152 The Nigerian Communications Commission (NCC) has issued a clarification stating that it has not approved any new telecom tariff plans or hikes, contrary to recent online reports.

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]]> https://nairametrics.com/2024/08/03/telecom-regulator-ncc-denies-approving-hike-in-tariff-plans/feed/ 0 495152 Bosun Tijani says about 150 computers stolen from Kano Digital Park https://nairametrics.com/2024/08/02/bosun-tijani-says-about-150-computers-stolen-from-kano-digital-park/ https://nairametrics.com/2024/08/02/bosun-tijani-says-about-150-computers-stolen-from-kano-digital-park/#respond Fri, 02 Aug 2024 13:54:14 +0000 https://nairametrics.com/?p=495095 The Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani has said the Kano Digital Park burgled in Kano under the guise of the ‘Endbadgovernance’ protest on Thursday contained about 150 desktop personal computers (PCs) and laptops. 

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]]> https://nairametrics.com/2024/08/02/bosun-tijani-says-about-150-computers-stolen-from-kano-digital-park/feed/ 0 495095 Apple reports $85.8 billion revenue earnings for Q3 despite drop in iPhone sales  https://nairametrics.com/2024/08/02/apple-reports-85-8-billion-revenue-earnings-for-q3-despite-drop-in-iphone-sales/ https://nairametrics.com/2024/08/02/apple-reports-85-8-billion-revenue-earnings-for-q3-despite-drop-in-iphone-sales/#respond Fri, 02 Aug 2024 08:36:31 +0000 https://nairametrics.com/?p=495062 Apple has exceeded market expectations with its fiscal 2024 third-quarter earnings, reporting record figures of $85.8 billion in revenue, marking a 5% increase year-on-year despite a decline in iPhone sales. 

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]]> https://nairametrics.com/2024/08/02/apple-reports-85-8-billion-revenue-earnings-for-q3-despite-drop-in-iphone-sales/feed/ 0 495062