This Week On TechStoriex: Top Highlights

Beulah Godfrey

May 11, 2025
4 min read
Nigeria Technology This Week on TechStoriex

Unity Bank Launches GenFi to Teach Nigerian Kids Smart Money Skills

Unity Bank has launched GenFi, a new digital app that teaches Nigerian kids aged 8 to 18 how to save, budget, and spend money wisely. The app uses fun features to make learning about money easy and exciting, while allowing parents to monitor their children’s progress and reward smart behaviour.

GenFi comes at a time when financial literacy in Nigeria is low, with only 38% of adults understanding basic money skills. Unity Bank aims to change that by starting with children. With support from parents, educators, and students, the bank hopes GenFi will help build a smarter, financially aware generation.

Miva Open University Launches Yaba Study Centre and AI Tool MIND

Miva Open University has opened its first study centre in Yaba, Lagos, and launched MIND, an AI-powered tool that helps students improve their learning and communication skills. The Yaba Centre includes modern study spaces and a CBT lab, giving students a place to learn and grow with in-person support. Chancellor Sim Shagaya said the university plans to open similar centres across Nigeria.

MIND, short for Miva Interactive Neural Dialogue, allows students to discuss lessons with an AI assistant and receive instant feedback. The tool helps users improve their understanding and communication, making it easier to prepare for real-world challenges. With over 2,700 students and a growing list of courses, Miva is combining technology, physical spaces, and innovation to improve education in Nigeria.

Oluwatobi Oyinlola Breaks World Guinness Record With World’s Smallest GPS Tracker

Nigerian inventor Oluwatobi Oyinlola has built the world’s smallest GPS tracking device, measuring just 22.93 mm by 11.92 mm. Guinness World Records confirmed his achievement on April 27, 2025, and praised his innovation in creating a compact, high-tech solution. Nigerian leaders like President Bola Tinubu and Minister Bosun Tijani applauded Oyinlola, calling it a win for youth innovation and Nigeria’s tech future.

Known as “Internet of Tobi,” Oyinlola has a history of building smart devices that solve real-life problems using IoT. He’s worked on international projects, including Elon Musk’s Hyperloop, and has won several global awards. His new invention not only showcases Nigerian talent but also puts the country on the map for groundbreaking technology.

Nigeria Unveils New Digital ID System with Mandatory App

The National Identity Management Commission (NIMC) has launched NINAuth, a digital tool that allows Nigerians to securely verify their identity online. President Bola Tinubu has ordered all government agencies to use the app for official verification tasks. NINAuth connects directly to NIMC’s system and supports services like passport applications, SIM registration, tax filing, and driver’s license renewal.

The app gives users more control by asking for their consent before sharing personal data. NIMC says this will improve public trust, boost privacy, and make it easier for people to access government services. Available on both Android and iOS, NINAuth plays a key role in Nigeria’s push to create a unified and secure digital identity system.

Afreximbank Launches $1 Billion Africa Film Fund

The African Export-Import Bank (Afreximbank) has launched a $1 billion Africa Film Fund to boost film and television production across the continent. Announced under the Creative Africa Nexus (CANEX) Programme, the fund will address issues like poor funding and limited infrastructure. It will be managed by Afreximbank’s investment arm, FEDA, and will support high-quality projects that showcase African stories globally.

Afreximbank President Benedict Oramah and FEDA CEO Marlene Ngoyi said the fund would help build a strong, self-sustaining creative industry. Actor Boris Kodjoe also welcomed the initiative, saying it will help African stories reach a global audience. The fund marks a big step toward transforming Africa’s film industry and growing its creative economy.

Flutterwave Joins FXC’s Top 100 Cross-Border Payment Giants

This marks yet another year of recognition for the African fintech, whose mission has been to simplify cross-border transactions while connecting Africa to the world.

Cybersecurity

TeKnowledge Unveils AI-First Services, Renews Focus on Nigeria

TeKnowledge has officially unveiled its AI-First Expert Services model in Nigeria alongside a striking new brand identity, marking a bold step in its mission to accelerate digital transformation across Africa.

Ed-tech

Dangote Launches N15bn Upgrade Plan for Kano Varsity

Africa’s richest man, Aliko Dangote, has unveiled a bold N15 billion development plan for the Aliko Dangote University of Science and Technology, Wudil, Kano State — a move expected to transform the institution over the next five years.

This week on TechStoriex: Nigeria leads in AI, digital ID, film funding, and youth innovation across tech and education.

This Week On TechStoriex

This Week On TechStoriex: Top Highlights

This week on TechStoriex, Nigeria made bold strides in technology, education, identity systems, and creative innovation. Miva Open University unveiled its first physical centre in Lagos and launched MIND, an AI study tool for students, while Nigerian inventor Oluwatobi Oyinlola broke records with the world’s smallest GPS tracker. The National Identity Management Commission rolled out […]

Cybersecurity

PWAN Counters SEC’s Ponzi Scheme Allegation

In a strongly worded statement released on Thursday, PWAN said the SEC’s conclusions were “inaccurate and misleading

Connectivity

Legend Unveils Nigeria’s First Fibre-to-Room Internet

Developed in partnership with global telecom giant Huawei, the service was unveiled shortly after Legend’s recent listing on the Nigerian Exchange Limited (NGX).

Artificial Intelligence

Nigeria Trains 200,000 in AI to Power Sustainable Innovation

Speaking on behalf of the Minister of Innovation, Science and Technology, Chief Uche Nnaji, Dr Patricks Oghuma noted that Nigeria is standing at a unique crossroads where artificial intelligence and chemistry intersect to shape the future.

Lohli officially launches: Redistributing wealth in advertising by paying watchers

Business and Tech

Lohli Launches in Nigeria

Lohli, Nigeria’s first advertising tech platform that rewards people for watching ads, has officially launched. The platform is changing how Africans interact with ads by turning attention into real income. Lohli allows users to sign up, watch short video adverts, answer simple questions to prove they paid attention, and get paid. Users can withdraw their […]

Fintech

Marasoft Pay Plans Expansion Across Africa with Smarter Tools

Marasoft Pay founder Emmanuel Marakwe-Ogu launched the company in 2022 to fix Africa’s slow and costly payment systems. Since then, the startup has grown fast, helping businesses in Nigeria and Kenya manage payments more smoothly. Now, Marakwe-Ogu wants to take Marasoft Pay to more African countries, offering tools that help small businesses succeed. Unlike some […]

Telecommunications

9mobile Loses Customers As MTN Roaming Deal Approval Delays

Struggling telecom company 9mobile is losing customers fast as it waits for the Nigerian Communications Commission (NCC) to approve its national roaming agreement with MTN Nigeria. The deal would allow 9mobile to use MTN’s wider network to improve its service and reach more users. But delays in getting approval are hurting the company’s chances of […]

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Fintech