Home News

Category: News

Post
Lagos Cements Its Financial Ambitions as GITEX NIGERIA Unveils MINT AFRICA

Lagos Cements Its Financial Ambitions as GITEX NIGERIA Unveils MINT AFRICA

GITEX NIGERIA has announced the launch of MINT AFRICA by GITEX, a future-finance platform dedicated to accelerating the transformation of the continent’s financial ecosystem. Scheduled to debut in Lagos during GITEX NIGERIA Week 2027, the initiative unites money, innovation, new technology, and transparency to connect global investors, regulators, financial institutions, and tech pioneers at a...

Post
West Africa’s Digital Future Takes Off as GITEX NIGERIA Opens in Lagos

West Africa’s Digital Future Takes Off as GITEX NIGERIA Opens in Lagos

Tech leaders, investors, policymakers, and startup founders gathered in Lagos on 2 September 2026 for the high-profile inauguration of GITEX NIGERIA’s second edition. Following a sold-out Government Leadership & AI Summit in Abuja, West Africa’s flagship technology, artificial intelligence, and startup gathering shifted to the nation’s commercial center for two days of strategic dialogue, product...

Post
GITEX NIGERIA opens in Abuja, uniting government officials & global technology leaders to advance West Africa’s sovereign AI ambitions

GITEX NIGERIA opens in Abuja, uniting government officials & global technology leaders to advance West Africa’s sovereign AI ambitions

Inauguration ceremony & Government Leadership & AI Summit kicked off GITEX NIGERIA 2026 – attended by regional & international digital economy stakeholders   ‘GITEX NIGERIA positions our country as a global force shaping the international tech ecosystem, not just participating in it’ – Kashifu Inuwa Abdullahi  Senator Dr George Akume, CON, declares ‘We are leading a new era for Africa’  Abuja, Nigeria – 31 August 2026: GITEX NIGERIA officially opened on Monday as a high-profile inauguration ceremony launched the second edition of West Africa’s largest tech, AI, and startup event in Abuja. Attended by senior government officials, international technology leaders, and digital economy stakeholders, the ceremony marked the beginning of an expanded 2026 programme designed to advance Africa’s sovereign AI and digital transformation ambitions, setting the scene for the Abuja Government Leadership & AI Summit that headlined the opening-day agenda in the Nigerian capital.   Held under the patronage of His Excellency President Bola Ahmed Tinubu GCFR, GITEX NIGERIA takes place across Abuja and Lagos from 31 August–3 September 2026. Supported by the Federal Ministry of Communications, Innovation and Digital Economy in collaboration with the National Information Technology Development Agency (NITDA), the event is endorsed by the Lagos State Government and organised by KAOUN International, the global organiser of GITEX events.  During the event inauguration, Kashifu Inuwa Abdullahi, Director General, National Information Technology Development Agency (NITDA), hailed Nigeria’s efforts to build the foundations for digital sovereignty and technology-led growth. He stated: “Achieving true digital sovereignty means owning the capabilities, infrastructure, and intelligence that power our future. Through strategic initiatives like DL4ALL, 3MTT and Project BRIDGE, we are rapidly scaling our technical talent pool and extending high-speed digital inclusion across every local government area. We are building the policy, cloud infrastructure, and regulatory frameworks necessary to host our data locally, deploy AI responsibly, and enhance overall national productivity. GITEX NIGERIA positions our country as a global force shaping the international tech ecosystem, not just participating in it.”  While national initiatives are strengthening Nigeria’s digital foundations, Lagos is translating this momentum into investable opportunities across compute infrastructure and digital public services. The state’s expanding connectivity, regulatory reforms, and public-sector digitalisation are creating new markets for technology providers and international capital.  H.E. Babajide Sanwo-Olu, Governor of Lagos State, said: “Most international capital looks at Nigeria and sees consumer fintech. That was the last decade’s trade. Here is what I believe is being under-priced today. First, compute. Lagos is one of the most cable-landed cities on the African continent. We have world-class subsea capacity arriving on our shores – and comparatively little of the compute that should sit behind it. Africa’s AI workloads are currently being processed in Europe. That is a latency problem, a cost problem, a data sovereignty problem, and therefore an investment opportunity. With our electricity law, our fibre programme and our data centre campuses, Lagos is the natural place to fix it.  “Second, the government market itself. Lagos operates a budget larger than that ofseveral West African countries. As we digitise procurement, revenue, permitting, healthrecords, transport and land administration, we are creating a serious, recurring,creditworthy enterprise software market – one that most global technology firms have notyet properly bid for.”  Accelerating Nigeria’s technology-led economic transformation  The Abuja Government Leadership & AI Summit reinforced the shared commitment of federal and state leaders to accelerate Nigeria’s technology-led economic transformation, highlighting the country’s ambition to advance from technology consumption towards indigenous innovation, digital sovereignty, and global production.  Senator Dr George Akume, CON, Secretary to the Government of the Federation, Nigeria, said: “Under the vision of His Excellency President Bola Ahmed Tinubu and the Renewed Hope Agenda, Nigeria is boldly driving toward a $1 trillion economy. To achieve economic transformation we must now move far beyond basic connectivity to build true indigenous innovation and digital sovereignty. GITEX NIGERIA provides the strategic platform where government vision aligns with private sector execution. This is our opportunity for decisive transition from being mere consumers of foreign technology to becoming global producers of talent, sovereign infrastructure, and inclusively designed AI – built by Nigeria, for Nigeria. We are leading a new era for Africa.”   Critical dialogue on digital infrastructure and African AI sovereignty   Under the theme ‘Beyond Connectivity – The Bridge to Sovereign AI & Innovation’, the Abuja Government Leadership & AI Summit placed technology leadership, coordinated policymaking, and cross-sector collaboration at the centre of West Africa’s next phase of digital and economic development – welcoming over 500 public- and private-sector leaders and investors from across the region and around the globe.  Discussions throughout the day examined how Africa can translate growing digital ambition into trusted infrastructure, scalable innovation, and long-term economic value. From digital public infrastructure, AI, cybersecurity, and data sovereignty to connectivity, investment, and strategic partnerships, the summit welcomed over 25 distinguished international experts to analyse the foundations required for West African economies to strengthen technological capability while accelerating inclusion, productivity, and regional competitiveness.  Monday’s agenda examined the policies, infrastructure, financing models, and partnerships required to advance Africa’s digital transformation and sovereign technology ambitions. ‘Backbone Infrastructure & Last-Mile Connectivity: Cables, Satellites & Blended Finance’ explored how cables, towers, satellites, edge infrastructure, and blended finance can help close Africa’s connectivity gap while making last-mile deployment commercially viable, while ‘Getting Private Capital to Move into Digital Infrastructure’ addressed the risk, governance, and deal-structure barriers continuing to constrain commercial investment across West Africa and the wider continent.  Industry leaders also converged for ‘An African Opportunity: The Turning Point of eGov & Digital Interoperability’. This session analysed Africa’s accelerating digital government transformation and the immediate opportunities emerging for technology providers, investors, and financial institutions as countries scale digital identity, payment, and data-exchange infrastructure.  Lagos Tech Expo set to stimulate startup growth & investment  Following Monday’s Government Leadership & AI Summit in Abuja, GITEX NIGERIA moves to Lagos from 2–3 September for the Tech Expo, staged alongside the Future Economy Conference and FDX by GITEX. The expo will provide local and regional entrepreneurs and startups with a powerful platform to begin their scaling journeys, connect with international capital, secure new partnerships, and access opportunities across global markets.  More than 200 investors from 30 countries, collectively managing US$200 billion in assets, will participate. New international funds joining the programme include France’s Askya Investment Partners, Belgium’s Incofin Investment, Kenya- and Netherlands-based Triple Jump, UK-based Lightrock, UAE-based Global Ventures, and US-based Innovest Afrika.  The programme’s impact has already extended beyond the show floor. At the inaugural edition of GITEX NIGERIA in 2025, venture studio FirstFounders connected with 18 startups, with LabTracka, Vant, and GraceAI subsequently entering deeper discussions with the firm.  Vant, an AI-powered business banking and management platform, has since joined the FirstFounders portfolio through an investment valued at US$200,000, combining capital with operational support – demonstrating how engagement at GITEX NIGERIA can develop into longer-term investment and growth pathways.  For more information, news and updates on GITEX NIGERIA, please visit: www.gitexnigeria.ng.   –ENDS–  Follow us on social media: Facebook | Instagram | LinkedIn | X | YouTube  Hashtag #GITEXNigeria  About GITEX NIGERIAGITEX NIGERIA is West Africa’s largest technology and startup event, bringing together global technology leaders, government policymakers, investors, startups and enterprise decision-makers to accelerate digital transformation across Africa’s largest economy. Held under the patronage of His Excellency President Bola Ahmed Tinubu, GCFR, the event takes place from 31 August – 3 September 2026 across Nigeria’s two innovation hubs, Abuja and Lagos. The programme opens with the exclusive Government Leadership & AI Summit in Abuja on 31 August, convening ministers, regulators and global technology leaders to advance AI adoption, digital governance and national transformation. From 2–3 September, the event moves to Lagos, featuring the Tech Expo & Future Economy Summit, Startup Festival, and FDX Nigeria, connecting the region’s technology ecosystem across AI, cloud, cybersecurity, fintech, digital infrastructure and emerging technologies. GITEX NIGERIA is part of the global GITEX network of technology and startup events spanning Brazil, Kazakhstan, Kenya, Morocco, Nigeria, Singapore, Italy, Türkiye, the UAE, Vietnam and more. For more information, please visit www.gitexnigeria.ng.  147 Views

Post
EFCC Recovers N1.23trn, Secures 10,872 Convictions in 34 Months — Olukoyede

EFCC Recovers N1.23trn, Secures 10,872 Convictions in 34 Months — Olukoyede

The Economic and Financial Crimes Commission (EFCC) says it recovered more than N1.23 trillion and secured 10,872 convictions in 34 months under the leadership of its Chairman, Ola Olukoyede. Olukoyede disclosed this on Monday in Abuja while presenting an account of his stewardship covering October 2023 to July 2026. According to him, the commission recovered...

Post
BENIN–ASABA EXPRESSWAY: UMAHI DEMANDS IMMEDIATE RECTIFICATION OF DEFICIENCIES, ORDERS CONCESSIONAIRE TO RESTORE SMOOTH PASSAGE

BENIN–ASABA EXPRESSWAY: UMAHI DEMANDS IMMEDIATE RECTIFICATION OF DEFICIENCIES, ORDERS CONCESSIONAIRE TO RESTORE SMOOTH PASSAGE

‎The Honourable Minister of Works, Senator Engr. David Umahi, CON, FNSE, FNATE, has expressed concern over what he described as unacceptable deficiencies and failures in executing and managing the Concession Agreement on the Reconstruction and Expansion of the Benin-Asaba Highway.‎‎He stated this at a Stakeholders Engagement to find a feasible solution to the plight of...

Post
WALSON-JACK HANDS OVER TO ENITAN, URGES CIVIL SERVANTS TO SUSTAIN REFORM MOMENTUM

WALSON-JACK HANDS OVER TO ENITAN, URGES CIVIL SERVANTS TO SUSTAIN REFORM MOMENTUM

‎The Head of the Civil Service of the Federation (HCSF), Mrs. Didi Esther Walson-Jack, OON, mni, formally handed over the leadership of the Federal Civil Service to Mr. Abel Olumuyiwa Enitan, following her retirement from service upon attaining the statutory retirement age of 60.‎‎The handover, which took place in Abuja, marks a new chapter in...

Post
Ogun Police Kill Two Kidnappers, Rescue Abducted Victim, Recover AK-47 Rifles, N2m

Ogun Police Kill Two Kidnappers, Rescue Abducted Victim, Recover AK-47 Rifles, N2m

Operatives of the Ogun State Police Command’s Anti-Kidnapping Unit have killed two suspected kidnappers during a gun battle at their hideout along the Papalanto–Ilaro Road, rescuing an abducted victim and recovering two AK-47 rifles, 25 rounds of live ammunition and N2 million suspected to be proceeds of crime. The operation, according to the Command, followed...

Post
Union Bank, AIICO Multishield, Checkers Custard, Others Back 5th Cycling Lagos

Union Bank, AIICO Multishield, Checkers Custard, Others Back 5th Cycling Lagos

LAGOS — Union Bank of Nigeria Plc, AIICO Multishield, Checkers Custard and other corporate organisations have thrown their weight behind the 5th Cycling Lagos, an initiative designed to promote cycling, environmental sustainability and public awareness of responsible waste management. The organisations’ support is expected to strengthen the 2026 edition of Cycling Lagos, which is scheduled...

Post
NSITF MD mourns NLC scribe, Ugboaja

NSITF MD mourns NLC scribe, Ugboaja

The Managing Director/ Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF), Mr Oluwaseun Faleye, has expressed profound sadness over the death of the General Secretary of the Nigerian Labour Congress (NLC), Comrade Emmanuel Ugboaja. Faleye described Ugboaja’s passing as a huge loss to the labour movement, saying he stood firm for the rights...

Post
Oloriegbe to Nigerian Doctors: Let Compassion, Conscience Guide Medical Practice

Oloriegbe to Nigerian Doctors: Let Compassion, Conscience Guide Medical Practice

The Chairman of the National Health Insurance Authority (NHIA), Dr Ibrahim Yahaya Oloriegbe, has called on medical practitioners across Nigeria to combine professional competence with compassion and conscience in providing healthcare services. Oloriegbe, a surgeon and consultant, made the call in Ilorin while delivering the keynote address at the 27th National Conference of the Islamic...

Translate »