News
Nigeria: Low Adoption of eNaira- Less Than 1% of Nigeria’s Circulating Currency as of March 2024
As of March 2024, Nigeria’s digital currency, the eNaira, accounted for less than 1% of the total currency in circulation. Despite its potential ...
Global
Global: AI Development Relies on Data Management’
Experts assert that the development of Artificial Intelligence (AI) critically depends on effective data management, underscoring the necessity for efficient storage solutions. In ...
Global
Global: Digital Identity – A Catalyst for Financial Inclusion
Globally, governments and companies are seeking innovative ways to achieve financial inclusion. From banking the unbanked to helping vulnerable populations access digital banking, ...
News
Nigeria Invites Youth to Participate in ECOWAS Cybersecurity Hackathon
The Federal Government of Nigeria is calling on all Nigerian youths and IT enthusiasts to register for the upcoming ECOWAS Cybersecurity Hackathon. This ...
Global
Global: New Zero-Energy Storage Tech Could Lead to Immortal Blockchains
Recent advancements in long-term storage technology may pave the way for the development of immutable digital ledgers capable of storing data for millions ...
News
Nigeria: Airlines Cite Forex Volatility and Inflation as Causes of Rising Airfares
Local airlines have attributed the surging airfares in Nigeria to the volatility of foreign exchange rates and the country’s soaring inflation. Osita Okonkwo, ...
Global
Global: Indonesia Seeks Consultant for World Bank-Funded Digital ID Project
Indonesia is seeking consulting services for its upcoming digital transformation initiative, supported by the World Bank. The government has issued a Request for ...
Kenya
Kenya: IXAfrica and Schneider Electric Unveil Hyper-Scale Data Centre in Kenya
IXAfrica and Schneider Electric have announced the launch of a hyper-scale data centre in Kenya, marking a significant milestone in the region’s technological ...
Global
Global IT Outage Due to Faulty CrowdStrike Update Disrupts Banks, Airlines, and Businesses
A recent update from cybersecurity firm CrowdStrike has caused a major global IT outage, affecting numerous businesses and organizations, including airlines, banks, retailers, ...
News
Nigeria: CBN Aims for $1 Trillion Recapitalisation by 2030
The Central Bank of Nigeria (CBN) has announced a strategic plan for recapitalisation in the banking sector, targeting at least $1 trillion by ...