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Friday, 7 November
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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
Ventures Platform has announced the first close of its $75 million Pan-African Fund II, raising $64 million from investors including IFC, BII, Standard Bank, Proparco, and Nigeria’s iDICE program to back early-stage African tech startups.Ventures Platform Secures $64 Million First Close for Second Pan-African Tech Fund
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
Ventures Platform has announced the first close of its $75 million Pan-African Fund II, raising $64 million from investors including IFC, BII, Standard Bank, Proparco, and Nigeria’s iDICE program to back early-stage African tech startups.Ventures Platform Secures $64 Million First Close for Second Pan-African Tech Fund

News

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

Court strikes out escaped Binance executive, Nadeem Anjarwalla’s fundamental rights suit

The Federal High Court sitting in Abuja today struck out a fundamental rights suit filed against the Office Of the National Security Adviser (NSA) and…

By: IBK

Climate Tech is not so much a ‘sector’ per se as it covers a wide range of use cases

Climate tech edges fintech, attracts 45% of Africa startup funding in 2024 so far

Climate Tech is not so much a ‘sector’ per se as it covers a wide range of use cases…

By: IBk

South Africa’s takeover panel has mandated French media giant Groupe Canal+ SA to immediately extend a mandatory offer to acquire additional shares of pay-TV company MultiChoice, following Canal Plus’ attempt to purchase the remaining stake in the company. Despite Canal Plus already being the largest shareholder with a 35.01% stake, surpassing the 35% threshold triggering the mandatory offer, MultiChoice’s board rejected Canal Plus’ initial bid of 105 rand per share, deeming it significantly undervalued. According to the Takeover Regulations Panel (TRP) in its ruling: “Canal+ must take immediate action to comply with the requirements of.. the (Companies) Act and the regulations by making a mandatory offer to the remaining shareholders of MultiChoice.” Moving forward, Canal Plus contended that it was exempted from making a mandatory offer, citing restrictions in the streaming company’s memorandum of incorporation which limit foreign companies to a maximum of 20% of the broadcaster’s voting rights.

Multichoice Nigeria says DStv, GOtv bouquet prices remain unchanged

Satellite television company, Multichoice has debunked reports circulating online that the company has reduced the subscription prices for users in Nigeria….

By: IBK

At a recent press launch, BudPay, a payment infrastructure company, presented its business payment solution.

BudPay launches BudPay Business for payment solutions

At a recent press launch, BudPay, a payment infrastructure company, presented its business payment solution….

By: IBK

Domain name industry: Nigeria ranks second in Africa as registrations hit 4.33 million

Domain name industry: Nigeria ranks second in Africa as registrations hit 4.33 million

Domain name industry: Nigeria ranks second in Africa as registrations hit 4.33 million…

By: IBK

South Africa’s takeover panel has mandated French media giant Groupe Canal+ SA to immediately extend a mandatory offer to acquire additional shares of pay-TV company MultiChoice, following Canal Plus’ attempt to purchase the remaining stake in the company. Despite Canal Plus already being the largest shareholder with a 35.01% stake, surpassing the 35% threshold triggering the mandatory offer, MultiChoice’s board rejected Canal Plus’ initial bid of 105 rand per share, deeming it significantly undervalued. According to the Takeover Regulations Panel (TRP) in its ruling: “Canal+ must take immediate action to comply with the requirements of.. the (Companies) Act and the regulations by making a mandatory offer to the remaining shareholders of MultiChoice.” Moving forward, Canal Plus contended that it was exempted from making a mandatory offer, citing restrictions in the streaming company’s memorandum of incorporation which limit foreign companies to a maximum of 20% of the broadcaster’s voting rights.

MultiChoice Group stays committed to the challenging Nigerian market – CEO

Despite facing severe economic challenges in Nigeria, MultiChoice Group remains committed to its operations in the country….

By: IBK

Conclusion Apple’s decision to hold down iPhone prices amid Trump tariffs reflects a strategic move to protect its market share while delivering stronger devices with enhanced features. The iPhone Air, iPhone 17, and iPhone 17 Pro position Apple to compete aggressively against global rivals, even as tariffs weigh on its bottom line.

Apple announces integration of ChatGPT into iPhones at Developers Conference 2024 

Device maker, Apple, has unveiled its AI strategy with the announcement of the much-expected integration of OpenAI’s ChatGPT into iPhones….

By: Wura Oba

Strong human technology: how LAPO survives Nigeria’s crunching digital lending space

The LAPO chief said the company has a strong human technology that helps with strong KYC…

By: IBK

Rwandan Central Bank set to launch digital currency in 2026- Deputy Governor

Rwanda plans to launch its Central Bank Digital Currency (CBDC) within the next two years. A…

By: IBK

Egyptian fintech Sahl raises $6 million in joint Seed and Series A funding round

Sahl has become a major player in the Egyptian fintech landscape, serving over 12 million customers monthly and 15 million households in Egypt…

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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