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Tayo Oviosu: The Man Using Technology to Make Payments Easier in Nigeria PICTURE: Tayo Oviosu, founder of Paga. Biography Tayo Oviosu is a Nigerian entrepreneur and the founder of Paga, a digital payments company that helps people

5.🛢️ NAPE Promotes AI in Oil Exploration: Energy leaders at NAPE showcased AI-powered seismic analysis and automated field monitoring to improve oil recovery, optimize operations and reduce well downtime.

4. 🤖 Heirs Energies Invests $1.1B in Automation Heirs Energies is deploying AI, automated sensors, real-time analytics, and edge computing across its onshore oil wells to reduce operational downtime.

3. 🚀 Google & ONDI Back Startup Investor Drive Google for Startups, UK-Nigeria Tech Hub, and ONDI have partnered with Magna Collective to connect Nigerian engineering startups with investor networks.

2. 💳 Onafriq Exits Nigerian Agent Banking Onafriq has shut down its Nigerian agent banking business after five years, citing rising costs and liquidity challenges in the cash-in/cash-out market.

1. 1. ☁️ Nigeria Loses ₦1.13T Annually to Foreign Cloud Reliance Luminate’s CEO warned that Nigeria loses ₦1.13 trillion yearly due to dependence on foreign cloud services. He called for stronger local data infrastructure and data sovereignty enforcement.

5. Her Startup Cohort Opens for WomenLed Tech Ventures What’s Happening: “Her Startup” has opened applications for its second accelerator cohort across Africa. The programme targets women-led tech businesses, offering incubation, technical mentorship,investment-readiness support.

4. Free Educational Data Pipeline for Tertiary Students Underway What’s Happening: Nigeria’s Education Ministry announced plans to collaborate with major telecom operators to roll out zero-rated educational data access for students across tertiary institutions.

3. 3. NITDA & Tech Revolution Africa Target ₦3 Billion Startup Pitch Pipeline What’s Happening: NITDA and Tech Revolution Africa launched a funding initiative at the 2026 DNICE Builders Festival to support early-stage Nigerian tech startups with up to ₦3 billion.

2. FG Calls on Tech Founders to Build on New Digital Postcode System What’s Happening: The Federal Government is encouraging Nigerian developers to build apps, logistics tools, and location-based services using the new nationwide Digital Postcode System.

1. The NCC “NCC-Checker” Phone Verification Crackdown What’s Happening: Millions of mobile users across Nigeria reportedly received SMS alerts from “NCC-Checker” warning that their phones are unverified and could be blocked from mobile networks after 30 cumulative active days.