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Saturday, 8 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.

Apple grossed $115.6 billion from iPhone sales in H1 FY 2024 alone…

iPhone reaches $1.97trn lifetime sales, contributes over 50% of Apple’s total revenue

Apple grossed $115.6 billion from iPhone sales in H1 FY 2024 alone……

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.

Nigerian Tribunal fines Multichoice N150m, one-month free DStv/Gotv subscription for users

Nigeria’s Competition and Consumer Protection Tribunal sitting in the country’s capital, Abuja has fined Multichoice Nigeria the total sum of N150 million for challenging the…

By: IBK

“I use TikTok to dispel negative stereotypes about Africa and educate people about what an amazing place it is. I use my platform to not only entertain but spread awareness on the beauty of African culture and its people,” said Charity Ekezie. Charity will partner with the Paradigm Initiative, an NGO that works to connect underserved young Africans, empower them with crucial digital, life, and business skills, and ensure the protection of their rights. Their programmes include Life Skills, ICT, Financial Readiness, Entrepreneurship (LIFE) training, and other digital rights programs. “At Paradigm Initiative, we are constantly looking to explore creative ways to communicate the great work we do to protect and promote digital rights and inclusion in Africa. We strongly believe that this opportunity brings life to that aspiration“, said Adeboye Adegoke, Senior Manager, of Grants & Programs Strategy, at Paradigm Initiative

Nigerian content creator, Charity Ekezie named as one of 50 beneficiaries of TikTok’s $1M grant for Social Impact

Charity will partner with the Paradigm Initiative, an NGO that works to connect underserved young Africans, to empower them……

By: IBK

Binance recorded a turnover of $20 billion in 2023 alone

Binance generated 20bn from Nigeria in 2023, larger than health and education budget- Minister

Binance recorded a turnover of $20 billion in 2023 alone…

By: IBK

Zone’s PoS Payment Gateway brings a comprehensive payment processing solution to Banks and Fintechs that deploy PoS payment terminals.

Zone launches decentralized PoS payment gateway to eliminate failure points and chargeback fraud

Zone’s PoS Payment Gateway brings a comprehensive payment processing solution to Banks and Fintechs that deploy PoS payment terminals….

By: IBK

Nigeria’s Minister Dr. ‘Bosun Tijani unveils N-ATLAS, a multilingual, open-source AI model digitizing Nigerian languages and placing Africa at the forefront of global artificial intelligence.development Recognition of Africa’s growing AI talent and ecosystem As Minister, Tijani has championed policies to strengthen Nigeria’s digital economy, encourage AI-driven innovation, and build a future-ready workforce.

Nigeria to establish startup house in San Francisco- Minister Tijani

the San Francisco Bay Area and the nearby Silicon Valley have “a combined GDP value of just over $929 billion and are home to over…

By: IBK

National Tech Achievement

Wealthser Wins Financial Empowerment Award at the National Tech Achievement Forum

In the fast-paced world of digital finance, where innovation often outpaces understanding, Wealthser has earned a reputation for slowing things down just enough to make…

By: Mark Marshall

US to deploy cybercrime advisor in Nigeria to combat fraud scams, sextortion

The United States has announced that it plans to deploy a cybercrime advisor in Nigeria….

By: Author Africa

Conclusion The exposure of SlopAds underscores the growing sophistication of mobile ad fraud. While Google Play Protect and takedowns help reduce risks, both users and advertisers must stay vigilant. Users should regularly update devices and uninstall suspicious apps. Advertisers must strengthen fraud detection systems to avoid losses. As mobile advertising expands, combating fraud remains critical for ensuring trust, transparency, and security in the digital ecosystem.

France fines Google €250 million over data used to train Gemini

The competition authority in France, Autorité de la Concurrence, has announced a €250 million fine against Google for failing to comply with copyright rules….

By: Wura Oba

Unlimit acquires 3rd African payment licence in Tanzania- after Nigeria and Kenya

Unlimit acquires 3rd African payment licence in Tanzania- after Nigeria and Kenya

The launch of Tanzanian operations marks an important step in Unlimit’s broader strategy of expanding into Africa and follows the approval of similar licences last…

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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