Meritlives

Ngozi Okonjo-Iweala, the Director-General of the World Trade Organization (WTO), has urged Nigeria to shift its focus from importing technology to fostering local production. Speaking at a recent technology summit in Lagos, Okonjo-Iweala highlighted the importance of developing a robust local tech ecosystem to drive economic growth and create jobs.During her address, she pointed out that Nigeria has a...

Nigeria and Türkiye have announced a collaborative initiative aimed at enhancing joint research and innovation financing. This partnership is expected to foster technological advancements and promote economic growth in both countries.The agreement was formalized during a recent meeting between Nigerian officials and a delegation from Türkiye, which included representatives from various sectors, including education, technology, and finance. The discussions...

The Nigeria Immigration Service (NIS) is currently exploring the technological infrastructure provided by the European Investment Bank (EIB) Group to bolster border security in Nigeria. This initiative is part of a broader effort to modernize the country's immigration processes and enhance the efficiency of border management.The discussions between NIS and EIB Group representatives focus on the integration of advanced...

Moniepoint, a prominent player in Nigeria's payment processing sector, has reported processing a staggering N412 trillion in payments, reinforcing its position as a leader in the country's retail transaction landscape. This figure highlights the growing reliance on digital payment solutions among Nigerian consumers and businesses alike.The company, which has rapidly expanded its services since its inception, has become a...

Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, recently addressed concerns regarding the ability of bandits to evade tracking technologies despite the implementation of the National Identification Number (NIN) and Subscriber Identity Module (SIM) linkage in Nigeria. Tijani's comments come in response to growing fears that criminal elements are utilizing advanced technology to circumvent law enforcement efforts.During...

The European Union (EU) has announced a commitment of €45 million aimed at enhancing Nigeria's digital economy. This initiative is part of a broader partnership with the Nigerian government, focusing on improving connectivity, advancing e-governance, and fostering the growth of technology talent within the country.The funding is expected to support various projects that will enhance internet access across Nigeria,...

In a recent statement, Nigeria's Minister of Communications and Digital Economy disclosed that bandits are employing advanced tactics to evade law enforcement by bouncing their calls off multiple telecommunications towers. This revelation highlights the ongoing challenges faced by security agencies in combating crime in the country.The Minister explained that the technique allows criminals to obscure their locations, making it...

LemFi, a financial technology company, has announced the launch of its USD and GBP global accounts for users in Nigeria. This initiative is designed to facilitate easier cross-border transactions and provide Nigerians with more options for managing their finances in foreign currencies.The new accounts will allow users to hold, send, and receive funds in both US dollars and British...

In a recent discussion on the future of Nigeria's aviation industry, experts have highlighted that the key to improving the sector lies more in behavioral changes than in technological advancements. This perspective was shared during a panel at the Nigerian Aviation Conference, where industry leaders gathered to address the challenges and opportunities facing the sector.The aviation industry in Nigeria...

In recent discussions surrounding the future of Nigeria's aviation industry, experts have highlighted that the key to improving the sector lies not solely in technological advancements but rather in the behavioral practices of stakeholders involved. The aviation sector in Nigeria has faced numerous challenges, including safety concerns, regulatory compliance issues, and operational inefficiencies. These challenges have prompted calls for...