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TechNigeria: A weekly digest of what went down in Nigeria’s tech space

ImaliPay, Sycamore, ZirooPay, O7Therapy, and Strove. These are some of the names that made the headlines this week, IgbereTV reports

Nigeria’s 105-year old financial institution, Union Bank, has launched SpaceNXT, a technological and innovation hub, in Nigeria’s seat of commerce, Lagos.

Also, American global tech payments giant Visa, during the week, built an innovation studio in Kenya as it seeks to help Africans develop digital solutions.

Let’s get into details.

The world is more advanced in terms of technology but equally more unsafe. Are you surprised?

76% of organizations suffered downtime and data loss in 2021, according to Acronis Cyber Protection Week Global Report 2022.

The report, published during the week by IgbereTV, cited system crashes, human error and cyberattacks as major causes of data loss by organisations in the year under review.

Acronis, which is a global leader in cyber protection, noted that organisations needed to combat the growing threat by deploying integrated cyber protection solutions.

Banks are stepping out to drive social change in the country. What is new in this light?

Nigeria’s 105-year old financial institution, Union Bank, launched SpaceNXT, a technological and innovation hub, in Nigeria’s seat of commerce, Lagos.

The bank revealed this on Friday in a press release forwarded to IgbereTV.

According to the bank, the development was “to promote innovation and encourage collaboration within the tech ecosystem in Nigeria.”

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