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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.

Bobby Kotick, former chief executive officer of videogame publisher Activision has expressed interest in buying the popular video content platform, TikTok. According to the WSJ,  Bobby Kotick expressed interest to ByteDance co-founder, Zhang Yiming, according to a person familiar with the situation.

American Entrepreneur, Bobby Kotick is offering to buy TikTok

Bobby Kotick, former chief executive officer of videogame publisher Activision has expressed interest in buying the popular video content platform, TikTok. According to the WSJ,…

By: IBK

Gage concludes NITDA CO-Create West Africa event,  announces 2024 Awards winners

The expo was an explosive two days of immersive experiences that were meant to drive and facilitate collaboration in the tech ecosystem……

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.

Nigeria may lose N1.8 trn and $342m in tax debt if Multichoice is sold to Canal Plus

Moreover, the uncertainty surrounding the company’s future, coupled with the alleged outstanding tax debts, might influence potential investors and business partners. This could impact the…

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.

Canal+ ordered to make mandatory bid for MultiChoice shares by SA regulators with 35.01% stake

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…

By: IBK

Apple releases iOS 26.1, improving battery life, performance, and security for iPhones. The update fixes bugs, enhances privacy, and adds new child safety features for users across Nigeria, Kenya, South Africa, and beyond.

Apple to discontinue electric car project after 10 years, to direct resources to AI

The parent company behind the iPhone and MacBook, Apple will now wind down its team working on electric cars, called Special Projects Group, a decade…

By: IBK

The Nigerian Communications Commission (NCC) has restated its instruction to telecom operators, emphasizing the necessity to block sim cards of telephone subscribers who haven’t linked their National Identification Numbers (NINs) by February 28, 2024.

NCC orders MTN, Glo and Airtel to block SIMs not linked with NIN

The Nigerian Communications Commission (NCC) has restated its instruction to telecom operators, emphasizing the necessity to block sim cards of telephone subscribers who haven’t linked…

By: IBK

MTN has emerged as the fastest mobile operator in Sub-Saharan Africa, driven by rapid 5G expansion and strong infrastructure investments. Ookla data shows MTN leading across multiple markets, including Nigeria, Uganda, and South Africa.

Poor network quality: MTN Nigeria blames fibre cuts, apologises to users

Leading Nigerian telco company, MTN Nigeria has blamed fibre cuts for the recent difficulty in making calls and data usage that customers are currently experiencing…

By: IBK

The Customs boss said Nigerians are to present their NIN to prevent multiple collections

Here are 5 tech options the Nigeria Customs Service can use to distribute food palliatives safely

In a tragic turn of events, the Nigeria Customs Service has temporarily suspended its nationwide food distribution initiative, launched in Lagos, following a fatal stampede….

By: IBK

In the payment landscape of the Middle East and Africa (MEA), Money Hash has successfully raised $4.5 million in funding for its payment orchestration platform tailored for merchants in the region.

Egypt’s MoneyHash secures $4.5m investment to boost payment plan for MENA merchants

In the payment landscape of the Middle East and Africa (MEA), Money Hash has successfully raised $4.5 million in funding for its payment orchestration platform…

By: IBK

IFC has today announced the names of 100 women-led startup owners selected to participate in the She Wins Africa programme.

IFC announces 100 women startups to receive growth support through ‘She Wins Africa’

IFC has today announced the names of 100 women-led startup owners selected to participate in the She Wins Africa programme….

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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