TechMart

DSN Limited Says Nigeria Shifting From Oil to Data Economy

Data Science Nigeria (DSN) says it is driving industry-level discussions about Nigeria’s need to build its big data and machine learning ecosystem, even as government push to diversify away from oil. Bayo Adekanmbi, MTN’s executive, said the company as a non-profit initiative has the goal of being well positioned to access a 10 per cent share of the global data ...

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China Produces Over 1.2 bn Mobile Phones From January – August

Beijing –  China produced over 1.26 billion mobile phones in the first eight months of the year, including 932 million smart phones, according to the Ministry of Industry and Information Technology. The figures were announced at a summit on mobile innovation Thursday by Qiao Yueshan, with the ministry. According to the ministry, China produced about 1.3 billion mobile phones during ...

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Reps Ask CBN to Enable Access to N12bn Cryptocurrency Account

The House of Representatives has called Central Bank of Nigeria (CBN) to direct Diamond Bank to release the allotted token to Cashflowabi Network Ltd, to enable it access and pay over N12 billion accrued into the cryptocurrency account to over 60,000 depositors in overriding public interest. According to the 4-page report and recommendation adopted by the House, and obtained by ...

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Report Predicts 18 Billion Connected IoT Devices by 2022

The latest Ericsson Mobility report predicts that Internet of Things (IoT) devices will surpass mobile phones as the largest category of connected devices starting from as early as 2018 and that there will be about 18 billion connected IoT devices in 2022. This massive uptake, the company has said, would require a different approach to network planning, design, operations and ...

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What Nigerian Investors Should Know About Bitcoin Forks

On Wednesday, the bitcoin community saw another bitcoin fork that again proved doomsday forecasts were very off the mark. The latest fork gave birth to a new version called Bitcoin Gold at block 491,407 on the original blockchain. Although it is too early to call the impact on the price of bitcoin, modest predictions have put them at stable for ...

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Telecom Operators Seek Licences to Boost Financial Inclusion

By Florence Onuegbu Lagos –   Mr Gbolahan Awonuga, the Executive Secretary, Association of Licensed Telecommunications Operators of Nigeria (ALTON), said operators were already seeking licences for mobile payment services. Awonuga disclosed this on Friday during the third quarterly forum of the National Information Technology Reporters Association (NITRA) in Lagos. The theme of the forum is: ”Digital Payment: Prospects and ...

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How to Buy And Sell Bitcoin in Nigeria on Bitkoin Africa

There are many options for Buying and Selling Bitcoin in Nigeria. The authenticity of some of these sites and sellers are shady as there is no verification and the sites aren’t safe for you to trade in Bitcoin. We have written this tutorial to guide you on how to buy and sell Bitcoin from Nigeria’s top Bitcoin Exchange – Bitkoin ...

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Kenyan Startup Beats Nigerian Competitors, Others to TechCrunch’s $25,000

Lori Systems, a startup based in Nairobi, Kenya has emerged overall winner of the first ever TechCrunch Startup Battlefield Africa, securing a $25,000 cash prize and an all-expense paid trip for two to San Francisco to take part in the Disrupt SF 2018. The startup which provides online logistics platform that improves cargo transportation in Kenya, shrugged off competition from ...

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Peanut Manufacturer Wins $15,000 #NES23 Startup Prize

L&L Foods, a peanut maker, have been named winner of the first ever Nigerian Economic Summit Group pitch contest currently going on at the Transcorp Hilton, Abuja. The non-tech startup peanut producer beat seven other startups to emerge winner of the maiden contest and secure $15,000 in funding. Accounteer, a cloud accounting tech startup was the first runner and winner of ...

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Israel And Russia’s Overlapping Hacks of Kaspersky Complicate Espionage Narrative

The drama between Russian cybersecurity firm Kaspersky and the U.S. government just doesn’t quit, but a new report may answer some longstanding questions. This week, The New York Times revealed that U.S. intelligence was actually tipped off about the Russian government hacking Kaspersky Lab software by Israeli intelligence officers who observed Russia in action during the course of their own ...

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