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The $500M “Innovation War Chest”: Inside Nigeria’s New Research Fund
In a landmark shift toward state-led industrialization, the Federal Government of Nigeria officially approved a $500 million annual National Research and Innovation Development Fund on May 6, 2026.
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Hardware
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GBB’s GxCP Launch: Nigeria Tests a “Sovereign Cloud” for Startups
Nigeria is taking a direct step into cloud infrastructure. As of May 5, Galaxy Backbone (GBB), in partnership with Office for Nigerian Digital Innovation, has opened applications for…
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The Sovereign Cloud Shield: Naira-Denominated Hosting for Startups
In a strategic move to insulate Nigeria’s tech ecosystem from currency instability, the National Information Technology Development Agency (NITDA), through its iHatch partnership, has launched…
Commerce
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The “Casha” Effect: UK Fintech Raises the Stakes in Nigeria’s Inclusion Race
Nigeria’s fintech space is getting more competitive. A UK-based company, Casha Technologies, has announced a major expansion into the Nigerian market. Its goal is simple: simplify cross-border…
