Nigeria’s Internet Breaks Record with 1Tbps Traffic Surge
The milestone, shared by IXPN on its official channels, reflects more than just a spike in numbers. It highlights how far the country’s internet ecosystem has evolved.
Featured Posts
African Fintech Giants Join Stablecoin Network for Borderless Payments
Circle’s blockchain-native infrastructure connects banks, digital wallets, and fintechs to enable the real-time movement of stablecoins such as USDC and EURC. It offers a promising alternative to outdated systems bogged down by intermediaries and red tape.
OpenAI Eyes Chrome as Google Faces Antitrust Pressure
As Google faces one of its most consequential antitrust trials to date, OpenAI has surfaced as a potential player in the aftermath.
Mastercard Unveils Tools to Support SME Security
The UAE stands out in Mastercard’s research. About 47% of SMEs in the country have endured a cyberattack. While malware tops the list of threats at 32%, digital skimming, phishing, ransomware and hacking each appear in 31% of reported cases — making the UAE the only country where digital skimming is among the top concerns.
DPI Launches New Venture Arm to Fuel African Startups
The creation of DPI Venture Capital follows a strategic restructuring that handed DPI the investment advisory responsibilities for Nclude, a top Egyptian fintech fund.
Intel Plans to Lay Off Over 21,000 Employees
Intel Corporation will cut more than 20% of its workforce this week, which amounts to over 21,000 employees. Bloomberg reported the news, citing a source close to the matter. This move comes less than a year after the chipmaker laid off 15,000 workers in a similar cost-cutting plan. By the end of 2024, Intel’s employee […]
Crossfin Invests in South Africa’s DigiSquad to Boost Financial Inclusion
South African fintech group Crossfin has invested in DigiSquad, a payments platform and advisory company based in Johannesburg. Although the amount was not disclosed, the funding will help DigiSquad expand financial access across Africa, especially in underserved areas. Bishmen Kumalo founded DigiSquad in 2015. Since then, the company has provided services like payments consulting, digital […]
IHS Nigeria Boost Oxygen Supply at Sagamu Teaching Hospital
IHS Nigeria has partnered with UNICEF and the Canadian Government to support healthcare delivery in Ogun State. Together, they donated an oxygen plant to Olabisi Onabanjo University Teaching Hospital (OOUTH) in Sagamu as part of a Corporate Social Responsibility (CSR) project aimed at saving lives. IHS Nigeria announced that its team recently visited OOUTH to […]
Telecom Tower Companies Turn to Solar Power to Cut Costs in Nigeria
Telecom tower companies in Nigeria are now turning to solar power to reduce fuel costs and protect the environment. These companies are installing solar systems at base stations, especially in remote areas with no access to the power grid. Some companies in advanced countries have also started similar test projects. Although solar-powered towers are still […]
Local Manufacturers Lead Charge Towards Zero-Emission Future
EV adoption in Nigeria is not without its hurdles. The high upfront cost of electric vehicles remains a significant barrier for many potential buyers. Additionally, the limited availability of charging infrastructure continues to raise concerns about the practicality of owning an EV, especially in urban areas outside major cities like Lagos and Abuja.
Top on the week
Nigeria’s Internet Breaks Record with 1Tbps Traffic Surge
The milestone, shared by IXPN on its official channels, reflects more than just a spike in numbers. It highlights how far the country’s internet ecosystem has evolved.
African Fintech Giants Join Stablecoin Network for Borderless Payments
Circle’s blockchain-native infrastructure connects banks, digital wallets, and fintechs to enable the real-time movement of stablecoins such as USDC and EURC. It offers a promising alternative to outdated systems bogged down by intermediaries and red tape.
OpenAI Eyes Chrome as Google Faces Antitrust Pressure
As Google faces one of its most consequential antitrust trials to date, OpenAI has surfaced as a potential player in the aftermath.
Mastercard Unveils Tools to Support SME Security
The UAE stands out in Mastercard’s research. About 47% of SMEs in the country have endured a cyberattack. While malware tops the list of threats at 32%, digital skimming, phishing, ransomware and hacking each appear in 31% of reported cases — making the UAE the only country where digital skimming is among the top concerns.
DPI Launches New Venture Arm to Fuel African Startups
The creation of DPI Venture Capital follows a strategic restructuring that handed DPI the investment advisory responsibilities for Nclude, a top Egyptian fintech fund.
Intel Plans to Lay Off Over 21,000 Employees
Intel Corporation will cut more than 20% of its workforce this week, which amounts to over 21,000 employees. Bloomberg reported the news, citing a source close to the matter. This move comes less than a year after the chipmaker laid off 15,000 workers in a similar cost-cutting plan. By the end of 2024, Intel’s employee […]
Crossfin Invests in South Africa’s DigiSquad to Boost Financial Inclusion
South African fintech group Crossfin has invested in DigiSquad, a payments platform and advisory company based in Johannesburg. Although the amount was not disclosed, the funding will help DigiSquad expand financial access across Africa, especially in underserved areas. Bishmen Kumalo founded DigiSquad in 2015. Since then, the company has provided services like payments consulting, digital […]
IHS Nigeria Boost Oxygen Supply at Sagamu Teaching Hospital
IHS Nigeria has partnered with UNICEF and the Canadian Government to support healthcare delivery in Ogun State. Together, they donated an oxygen plant to Olabisi Onabanjo University Teaching Hospital (OOUTH) in Sagamu as part of a Corporate Social Responsibility (CSR) project aimed at saving lives. IHS Nigeria announced that its team recently visited OOUTH to […]
Telecom Tower Companies Turn to Solar Power to Cut Costs in Nigeria
Telecom tower companies in Nigeria are now turning to solar power to reduce fuel costs and protect the environment. These companies are installing solar systems at base stations, especially in remote areas with no access to the power grid. Some companies in advanced countries have also started similar test projects. Although solar-powered towers are still […]
Local Manufacturers Lead Charge Towards Zero-Emission Future
EV adoption in Nigeria is not without its hurdles. The high upfront cost of electric vehicles remains a significant barrier for many potential buyers. Additionally, the limited availability of charging infrastructure continues to raise concerns about the practicality of owning an EV, especially in urban areas outside major cities like Lagos and Abuja.
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