Nigeria's digital economy ambitions get government backing

According to the GSMA, the boom in digitalisation, fueled by strong mobile network infrastructure and smart policies, has ushered in a new era of possibilities that will enable economic diversification away from oil dependence.

Africa's biggest telco says it is collaborating with partners to guarantee that the continent has adequate broadband access to support a thriving digital economy.

The Central Bank of Nigeria instructed banks and other financial institutions this week to apply a 0.5 percent cyber security fee on all electronic transfers.

Olugbenga Agboola has said that joining the group fulfils the fintech's desire to connect Africa to the global economy.

At 45,000 km, 2Africa is the world's longest undersea cable, connecting 33 countries with 46 landing points in Africa, Europe, and Asia when completed.

The US administration says it is working together with Nigeria to promote the development and application of artificial intelligence for good.

Ahead of the UN General Assembly, Nigeria sets out its stall, wanting to be recognised as a prime location for AI model training.

The two countries believe they can jointly accelerate their respective digital transformations while also playing a more influential role in shaping the global tech space.