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Saturday, 8 November
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Saturday, 8 November

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Unlike in Canada, where the company has blocked news content to protest a law that would compel it to pay publishers in the country, Meta says news organizations can continue to post links, Reels and so on to Facebook in those three territories. Users shouldn’t have any issues with accessing news content there either. According to Meta, this effort is to funnel resources toward services and products users care more about, and the changes are set to take effect in early December. Meta says it will honour existing Facebook News deals with publishers in the UK, France and Germany. However, it won’t renew those pacts or enter into new ones in those countries. Moreover, the company doesn’t “expect to offer new Facebook products specifically for news publishers in the future.” As news content currently comprises less than three per cent of the content displayed in users’ Facebook feeds, Meta asserts that users are primarily focused on short-form videos, connecting with others, and discovering opportunities, interests, and passionsMeta Earns $7 Billion Annually from Scam Ads on Facebook and Instagram, Report Reveals
Despite Bitcoin’s recent dip below $100,000, strong fundamentals, rising institutional adoption, and long-term scarcity make it a better investment bet than naira- or dollar-backed assets.Here’s Why I’ll Still Invest My ₦1 Million in Bitcoin Despite Its Latest Dip
A new Bolt and Ipsos report shows that women make up 70% of e-hailing passengers in Nigeria, highlighting growing female adoption of ride-hailing apps for safety, convenience, and flexibility.70% of E-Hailing Cab Users in Nigeria Are Women — New Bolt Report Reveals
Samsung and NVIDIA have joined forces to create the world’s first AI factory, combining advanced chip manufacturing with intelligent computing powered by NVIDIA GPUs — marking a new era in autonomous semiconductor production and digital transformation.Samsung and NVIDIA Partner to Build World’s First AI Factory, Pioneering the Future of Intelligent Chip Manufacturing
The Federal Ministry of Education has launched the upgraded NgREN integrated with the TERAS platform, creating a unified digital ecosystem to modernize teaching, learning, and research across Nigeria’s tertiary institutions.Nigeria’s Tertiary Institutions Gain Unified Digital Ecosystem with NgREN–TERAS Integration
Unlike in Canada, where the company has blocked news content to protest a law that would compel it to pay publishers in the country, Meta says news organizations can continue to post links, Reels and so on to Facebook in those three territories. Users shouldn’t have any issues with accessing news content there either. According to Meta, this effort is to funnel resources toward services and products users care more about, and the changes are set to take effect in early December. Meta says it will honour existing Facebook News deals with publishers in the UK, France and Germany. However, it won’t renew those pacts or enter into new ones in those countries. Moreover, the company doesn’t “expect to offer new Facebook products specifically for news publishers in the future.” As news content currently comprises less than three per cent of the content displayed in users’ Facebook feeds, Meta asserts that users are primarily focused on short-form videos, connecting with others, and discovering opportunities, interests, and passionsMeta Earns $7 Billion Annually from Scam Ads on Facebook and Instagram, Report Reveals
Despite Bitcoin’s recent dip below $100,000, strong fundamentals, rising institutional adoption, and long-term scarcity make it a better investment bet than naira- or dollar-backed assets.Here’s Why I’ll Still Invest My ₦1 Million in Bitcoin Despite Its Latest Dip
A new Bolt and Ipsos report shows that women make up 70% of e-hailing passengers in Nigeria, highlighting growing female adoption of ride-hailing apps for safety, convenience, and flexibility.70% of E-Hailing Cab Users in Nigeria Are Women — New Bolt Report Reveals
Samsung and NVIDIA have joined forces to create the world’s first AI factory, combining advanced chip manufacturing with intelligent computing powered by NVIDIA GPUs — marking a new era in autonomous semiconductor production and digital transformation.Samsung and NVIDIA Partner to Build World’s First AI Factory, Pioneering the Future of Intelligent Chip Manufacturing
The Federal Ministry of Education has launched the upgraded NgREN integrated with the TERAS platform, creating a unified digital ecosystem to modernize teaching, learning, and research across Nigeria’s tertiary institutions.Nigeria’s Tertiary Institutions Gain Unified Digital Ecosystem with NgREN–TERAS Integration

News

Africa Innovation Watch provides unparalleled access to news stories and events shaping the African tech world today.

Finally, CAMON 20 Premier 5G tops the list. The CAMON 20 5G Premier is the flagship device in the CAMON 20 series. It has a 6.9-inch FHD+ AMOLED display, 512GB of internal storage, 8 GB of RAM, and a 5000 mAh battery. The device also has a 50MP sensor-shift OIS, a 108MP quad rear camera, an 8MP ultrawide angle and macro shooter, and a 2MP portrait lens. It has a 32MP front camera with dual flash and runs on Android™ 13. The Dimensity 8050 processor powers it.

Embrace the future of connectivity with the Tecno Camon 20 Premier 5G

The Tecno Camon 20 series, launched in Lagos on May 9, already created a buzz among smartphone enthusiasts. The TECNO Camon 20 series is worth…

By: IBK

As a technologist, reskilling is crucial if you want to stay ahead of the curve and remain competitive in today’s job market

Here are the 6 most in-demand skills technologists need for 2024 by Ofejiro Ikogho of Andela

As a technologist, reskilling is crucial if you want to stay ahead of the curve and remain competitive in today’s job market…

By: IBK

As of 2021, the country has a total of 191.4 million bank accounts, with 133.5 million actively in use…

CBN orders banks, mobile money operators to revalidate customers’ BVN by January 31

As of 2021, the country has a total of 191.4 million bank accounts, with 133.5 million actively in use……

By: IBK

Contactless payment options will make it easier for Small and Medium Enterprises to accept payments

How Mastercard’s contactless solutions is driving digital payment transformation in Nigeria

Contactless payment options will make it easier for Small and Medium Enterprises to accept payments…

By: IBK

ChatGPT leads AI site traffic with over 14bn visits as male users constitute 69.5% of total AI tool usage

OpenAI Reportedly Seeks New Funding at $100 Billion Valuation

ChatGPT creator OpenAI is reportedly in early talks to raise a new round of funding that could value the company at $100 billion or more,…

By: Wura Oba

Nairaland Founder Responds to Website Takedown Following Abuse Report

Nairaland, one of Nigeria’s most visited online forums since its launch in 2008, recently went offline due to an unresolved abuse report….

By: Wura Oba

Gov Sanwo-Olu says his govt has disbursed N500m to 40 Lagos-based startups

Sanwo-Olu says Lagos has disbursed over N500 million to 40 tech startups

The Lagos State Governor, Babajide Sanwo-Olu, said that his government has so far disbursed over N500 million to more than 40 tech startups in the…

By: Wura Oba

OpenAI Launches Converge 2, Offering $15 Million to AI Startups

OpenAI has officially opened applications for the second edition of its six-week accelerator program, Converge 2, which is part of the OpenAI Startup Fund….

By: Wura Oba

Bitmama suspends deposits as customers complain of deposits not reflecting in their wallets

Bitmama suspends deposits as customers complain of deposits not reflecting in their wallets 

Bitmama customers who spoke to Technext said they were debited from their source accounts but the funds have failed to reflect…

By: IBK

Jumia’s strategic decision aligns with its quest for profitability, echoed in cost-cutting measures, workforce reductions, and a pivot to concentrate on viable segments within its e-commerce sphere. This recalibration by Jumia, the first tech startup with an emphasis on Africa to be listed on the New York Stock Exchange, highlights how the dynamics of the African tech ecosystem are changing and how sustainable growth is still being pursued. Just recently, Jumia Nigeria CEO Massimiliano Spalazzi stepped down from his role. The departure was revealed by the company in a media parley held in Lagos. Massimiliano took over as CEO in January 2020 just before the pandemic and was able to guide the company through the torrid times.

Jumia Food to exit Nigeria and six other African countries by end of 2023

Jumia, the prominent e-commerce entity in Africa, has unveiled plans to close its food delivery arm, Jumia Food, in seven countries, including Nigeria, Kenya, Morocco,…

By: IBK

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Feature Posts

Discover the top 10 Nigerian fintech companies by social media following as of October 2025. See which fintechs — from PalmPay to Kuda — lead on Facebook, Instagram, X, and LinkedIn, and how they engage millions of users across Nigeria’s digital finance ecosystem.

Top 10 Nigerian Fintechs by Social Media Following (October 2025)

Discover how integrating automation, AI, and skilled analysts transforms Security Operations Centres (SOCs) into proactive guardians of business resilience. Written by cybersecurity expert Motunrayo Fransisca Ogundipe.

Building an Efficient Security Operations Centre (SOC): The Key to Cyber Resilience

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