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Nigerian lawmakers are working with crypto industry leaders to draft the proposed Virtual Asset Law, aiming to unify regulation, end uncertainty, and foster responsible cryptocurrency adoption in Nigeria.Nigerian Lawmakers Engage Crypto Industry on Proposed Virtual Asset Law
The Nigerian Senate has confirmed a new board for the Nigerian Communications Commission (NCC), led by Idris Ibikunle Olorunnimbe as Chairman. The appointments aim to strengthen regulatory oversight, expand broadband access, and promote digital inclusion across Nigeria’s telecoms sector.Senate Confirms New NCC Board to Strengthen Oversight of Nigeria’s Telecoms Sector
African startups raised $442 million in October 2025 — a 216% jump from September. Spiro and Moniepoint led the charge with $100 million and $90 million raises, signaling renewed investor confidence in Africa’s tech ecosystem.Spiro and Moniepoint Lead as African Startups Raise $442 Million in October 2025
Senator Ali Ndume has launched a digital empowerment project in Borno South, offering 5,000 free SIM cards and 1,000 POS machines to boost connectivity and financial inclusion across communities recovering from insurgency.Senator Ali Ndume to Empower Borno South with 5,000 SIM Cards and 1,000 POS Machines
Cameroon has suffered a nationwide internet blackout following protests over President Paul Biya’s re-election for an eighth term. The shutdown mirrors similar incidents in Africa and raises human rights concerns from Amnesty International.Cameroon Faces Internet Blackout Amid Protests Over President Paul Biya’s Re-Election
Nigerian lawmakers are working with crypto industry leaders to draft the proposed Virtual Asset Law, aiming to unify regulation, end uncertainty, and foster responsible cryptocurrency adoption in Nigeria.Nigerian Lawmakers Engage Crypto Industry on Proposed Virtual Asset Law
The Nigerian Senate has confirmed a new board for the Nigerian Communications Commission (NCC), led by Idris Ibikunle Olorunnimbe as Chairman. The appointments aim to strengthen regulatory oversight, expand broadband access, and promote digital inclusion across Nigeria’s telecoms sector.Senate Confirms New NCC Board to Strengthen Oversight of Nigeria’s Telecoms Sector
African startups raised $442 million in October 2025 — a 216% jump from September. Spiro and Moniepoint led the charge with $100 million and $90 million raises, signaling renewed investor confidence in Africa’s tech ecosystem.Spiro and Moniepoint Lead as African Startups Raise $442 Million in October 2025
Senator Ali Ndume has launched a digital empowerment project in Borno South, offering 5,000 free SIM cards and 1,000 POS machines to boost connectivity and financial inclusion across communities recovering from insurgency.Senator Ali Ndume to Empower Borno South with 5,000 SIM Cards and 1,000 POS Machines
Cameroon has suffered a nationwide internet blackout following protests over President Paul Biya’s re-election for an eighth term. The shutdown mirrors similar incidents in Africa and raises human rights concerns from Amnesty International.Cameroon Faces Internet Blackout Amid Protests Over President Paul Biya’s Re-Election

News

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

FG launches electric vehicle charging station in Abuja

The Federal Government, through the Ministry of Innovation, Science and Technology, has announced a sustainable energy Electric Vehicle (EV) Charging Station in Abuja….

By: Ibukun

NAFDAC rolls out traceability technology in Northwest Nigeria to tackle substandard drugs 

The National Agency for Food and Drug Administration and Control (NAFDAC) has introduced new initiatives to tackle substandard and falsified medical products in the Northwest…

By: IBK

5 million students to get laptops and AI training as Lagos schools partner US-based company

As the world revolves around AI, the need to equip young ones with the skill intensifies…

By: IBK

FCTA launches electronic ticketing system for traffic offenders 

The Directorate of Road Traffic Services (DRTS) of the Federal Capital Territory Administration has rolled out an electronic ticketing and central booking system for traffic…

By: Ibk

Key Takeaways: Vietnam’s National Credit Information Center database hacked. Shiny Hunters hacker group suspected of orchestrating the cyberattack. No operational disruption, but cybersecurity risks remain high. Experts warn banks may face higher cybersecurity costs to protect data. As Vietnam works to contain the breach, the incident underscores the urgent importance of cybersecurity in banking and finance, especially in emerging economies.

Fraudsters make up bulk of early adopters of new fintech- Feranmi Ajetomobi tasks on compliance

The rush from early adoption by fraudsters might appear like rapid growth…

By: Cynthia Okafor

Google’s CEO Sundar Pichai meets President Tinubu over AI skills expansion in Nigeria 

The CEO of Google, Sundar Pichai on Wednesday met with Nigeria’s President Bola Tinubu in Paris, where both leaders discussed a partnership to expand Artificial…

By: Ibk

OpenAI is set to acquire product testing startup Statsig in a $1.1 billion all-stock deal. Learn how this acquisition strengthens ChatGPT’s product development and OpenAI’s global AI expansion.

OpenAI rejects Elon Musk’s $97.4 billion takeover bid, says it is “not for sale”

OpenAI has officially rejected a $97.4 billion bid from Elon Musk-led investors for the company….

By: IBK

Elon Musk and X formerly known as Twitter have agreed to pay a fair settlement to the former employees in its African office in Ghana after they were laid off in November 2022

Elon Musk X rolls out labels for parody and satire accounts to curb misinformation

X’s Community Notes system, which CEO Elon Musk has used to replace the company’s previous efforts around misinformation, has been celebrated by conservatives, and it…

By: IBK

Nigerian telecom users are expressing frustration over worsening network quality months after a 50% tariff hike. Despite promises of better service, subscribers report outages, slow internet, and poor connectivity as operators blame fibre cuts and vandalism.

Telecom subscribers grew by 2.66% to 169.3 million as Nigerians use 1 million terabytes of data in Jan 2025

The telecom sector has witnessed a 2.66 per cent surge in active subscriptions with 169.3 million subscribers in January 2025 from the 164.9 million recorded…

By: IBK

Tech companies laid off 280,000 employees in 2024; 11,000 in 2025 already

The global tech industry experienced a turbulent year in 2024 with no signs of slowing down….

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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