Nigeria’s insurance industry must translate fresh capital and digital innovation into accessible products and scalable business models to achieve its next phase of growth, Andela and Flutterwave co-founder Iyinoluwa Aboyeji has said ahead of the fifth edition of Insurance Meets Tech (IMT). Aboyeji, who is also the founding partner of Future Africa, will headline IMT 5.0, scheduled for Friday, November 20, 2026, at the Balmoral Event Centre, Sheraton Hotel, Ikeja, Lagos. He will deliver a presentation titled “Capital, Code and the Race to Nigeria’s First Insurance Unicorn,” examining how stronger capitalisation and scalable technology could accelerate insurance adoption and create…
Author: Rommy Imah
Rommy Imah
Rommy Imah is Founder/Editor of Digital Times Nigeria (www.digitaltimesng.com). He has been in active journalism in over two decades with a bias for technology and business reporting. He is particularly passionate about technology and how it can be used to transform human life, businesses and services.
The National Information Technology Development Agency (NITDA) has called on senior government officials to take ownership of Nigeria’s transition to Internet Protocol version 6 (IPv6), warning that the migration’s success depends not only on technical expertise but also on management support across Ministries, Departments and Agencies (MDAs). The Director-General of NITDA, Kashifu Inuwa, made the call at the opening of an IPv6 migration readiness workshop in Abuja, organised by the agency in collaboration with the Nigeria IPv6 Council and the African Network Information Centre (AFRINIC). Inuwa’s remarks were delivered by the Director of NITDA’s Digital Development Services Department, Mr Oladejo…
Moniepoint Microfinance Bank (MFB) has reinforced its position in Nigeria’s small business financing market, winning the SME Microfinance Bank of the Year award for the third consecutive year at the 14th BusinessDay Banks and Other Financial Institutions (BAFI) Awards. The bank’s co-founder and group chief executive officer, Tosin Eniolorunda, also emerged as SME Finance Transformation Leader of the Year, earning the financial technology company double recognition at the ceremony. The awards come amid the bank’s growing role in financing small businesses, with Moniepoint’s 2025 Year in Review showing that it disbursed more than ₦1 trillion in credit to thousands of…
Loom Rooms, an Egbeda-based creative ecosystem founded by creative-economy strategist Shola Bamidele, is setting its sights on a bigger ambition for Africa’s creative economy: moving creatives beyond producing artistic work to owning, commercialising and building sustainable businesses around their talents. As it marks its first anniversary, the Lagos-based initiative has unveiled a five-year development plan focused on intellectual property protection, emerging creative industries and the transition of creatives from independent practitioners into employers and business owners. The plan reflects a growing challenge within Africa’s expanding creative economy, where global recognition for music, film, fashion, photography, design and digital media has…
The Nigerian Communications Commission (NCC) has warned manufacturers, importers, distributors and retailers of SIM-enabled devices to comply with mandatory type approval and device verification requirements, warning that non-compliant devices may eventually be barred from accessing Nigerian mobile telecommunications networks. The Commission said it was strengthening monitoring and enforcement of existing regulations through an automated, technology-enabled compliance process designed to ensure that devices imported, distributed and sold in Nigeria meet prescribed standards. In a statement signed by its Director of Public Affairs, Nnenna Ukoha, the NCC reminded Original Equipment Manufacturers (OEMs), Original Device Manufacturers (ODMs), importers, distributors, dealers and retailers of…
The Nigerian Communications Commission (NCC) has established an Internet Governance Working Group to strengthen collaboration among stakeholders and develop coordinated responses to emerging digital threats, including artificial intelligence-related risks, online fraud, privacy violations and the protection of vulnerable internet users. The initiative is aimed at creating a sustained platform for dialogue and practical action to address challenges confronting Nigeria’s rapidly evolving digital environment. The announcement was made on Thursday, October 15, 2026, at the inaugural NCC Internet Governance Symposium in Lagos, where the Commission called for greater cooperation among government institutions, industry players and other stakeholders to promote a safer,…
The National Information Technology Development Agency (NITDA) and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) have entered into a strategic partnership to improve access to private-sector investment, commercial contracts and technology adoption for Nigerian startups and businesses. The collaboration is designed to bridge the gap between indigenous technology innovators and market opportunities by connecting NITDA-backed startups with corporate investors, venture capital firms and potential buyers across key sectors of the economy. The partnership was announced in a joint statement signed by Mrs Hadiza Umar, Director of Corporate Communications at NITDA, and Dr Segun H. Olugbile,…
Spotify has expanded its audiobook service to Nigeria, opening new opportunities for local authors and publishers while giving listeners another way to access books through the streaming platform. The service, which became available on October 14, allows Spotify Free and Premium users in Nigeria to access audiobooks through a monthly subscription add-on, as the company accelerates plans to expand the offering from 22 markets to more than 180 by the end of 2026. The global expansion is expected to make audiobooks available to more than 750 million people, who will be able to stream or purchase titles on Spotify. For…
The Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has called for a fundamental transformation of Nigeria’s education system, urging universities to prioritise practical skills, innovation and research commercialisation over the traditional emphasis on academic certificates. Inuwa said Nigeria’s economic transformation would depend largely on its ability to convert scientific discoveries into marketable solutions, productive enterprises and improved public services, rather than merely producing research papers and awarding degrees. He made the call while delivering the keynote address at the 3rd International Biennial Conference of the College of Physical Sciences (COLPHYS 2026) at the Federal University of…
Mary-Brenda Akoda, winner of the 2026 Nigeria Prize for Science and Innovation (NPSI), has unveiled GenScanAI, an artificial intelligence-powered medical imaging solution designed to reduce magnetic resonance imaging (MRI) scan times by up to 90 per cent, improve image quality and enhance healthcare delivery without requiring additional MRI hardware. Akoda presented the innovation at Vibranium Valley, Ikeja, Lagos, where medical practitioners, healthcare professionals, researchers, academics, students and technology stakeholders examined its scientific foundations, potential clinical applications and capacity to address challenges in medical imaging and diagnostic services. GenScanAI uses artificial intelligence and advanced computing techniques to reconstruct MRI images, with…