News
NITDA, Others Endorse Book on Telecoms By Sun Reporter

A new telecoms book entitled ‘Our Nigerian Story,’ which catalogues the development and charts the way forward in the industry has been commended and endorsed by the Office of the Special Adviser on Media & Publicity to President Muhammadu Buhari as well as other key stakeholders.
Our Nigerian Story is scheduled to be launched on Thursday, May 5 at Eko Hotel & Suites, Victoria Island, Lagos under the chairmanship of Chief Leostan Ekeh Chief Executive Officer, Zinox Technologies Limited.
According to Mr Femi Adesina, special adviser, the author has distinguished herself in the industry with more than a decade of experience witnessing milestones and key policy formulations from the front row.
He said, “The book is coming at a time when the Buhari administration is reposition the ICT to become of the biggest contributors to the Gross Domestic Product (GDP) of the economy. It is a book that should be in the archive of every Nigerian. It is written in a way to attract a non reading society while not losing the technical details.
“Our Nigerian Story’also highlight how the demographic dividend or the large population in Nigeria (which is still growing) serve as a critical factor that attracted telecom investment into the country with the sector presently boosting of over $32 billion from about $500 million in 2001. Olaleye, has painstakingly put the story in a book format for the business decision purposes,” he added.
In his words, Chief Leo-Stan Ekeh, chairman, Zinox Group, said, “This is a worthy project from an authority figure in the industry. The author is well known to me and has been documenting the growth of our company and the industry. Zinox will defitnitely do everything in my power to support a worthy cause.”
Also, Mr Eric Osagie, managing director/ Editor in Chief, Sun Newspapers said, “This is an entrepreneurial project that should be encouraged and commended by all. The author is one of our own and we are proud that she has been a good ambassador of The Sun Publishing Limited publishers of The Sun titles.”
Also lending his voice, Dr. Vincent Olatunji, acting director general of the National Information Technology Development Agency (NITDA) said “We are proud to support Our Nigerian Story, a chronicle of success stories of companies and Agencies”
The author, Olabisi Olaleye hails from Ake, Abeokuta South of Ogun State and a 1998 graduate of Mass Communication from Ogun State Polytechnic, now Moshood Abiola Polytechnic. She has undergone several local and international trainings to enhance her career.
She works with The Sun Publishing Limited Nigeria, publishers of The Sun Newspaper and with over 12 years experience in journalism; she has several awards in her kitty including ‘Rotary International Humanitarian Report Award’ (2012). She is also a three -time winner of ‘Best ICT Reporter of the Year’ awards. Olaleye is married with children.
News
FG Unveils AI Public Services Platform

Federal government has launched GovGuideNigeria, an artificial intelligence (AI)-powered digital platform designed to streamline access to public service information through WhatsApp and the web.

The platform consolidates information from more than 35 federal ministries and over 60 government agencies, marking a significant step in Nigeria’s drive to expand AI-enabled public infrastructure and digital government services.
According to Bosun Tijani, Nigeria’s minister of communications, innovation and digital economy, the initiative aims to simplify interactions with government services, particularly for underserved communities that often face challenges navigating complex public-sector systems.
Developed in collaboration with the National Centre for Artificial Intelligence and Robotics, Meta, and Publica AI, GovGuideNigeria uses conversational AI to provide real-time responses via WhatsApp and a web interface in English, Hausa, Igbo and Yoruba.
Sade Dada, head of public policy at Meta, said the multilingual rollout highlights the growing use of natural language processing within African public institutions to improve digital inclusion and broaden access to services.
Ignatius Willie, chief executive of Publica AI, said the platform demonstrates how Africa’s next generation of digital public infrastructure can be developed locally using African languages.
GovGuideNigeria is intended to address longstanding challenges in Nigeria’s public information system, where citizens often struggle to access reliable guidance because of fragmented government websites, poor communication channels and the expense of travelling to physical offices.
Through AI-driven automation, users can obtain information on immigration procedures, documentation requirements, public programmes and agency-specific services through chat-based interactions.
The launch also reflects Nigeria’s broader ambition to integrate AI into digital governance, while strengthening partnerships between government agencies, global technology companies and local AI startups to modernise public service delivery.
News
Elon Musk to Become First World’s Trillionaire with SpaceX Historic IPO

Elon Musk is poised to become the world’s first trillionaire after SpaceX, his company, confirmed plans to go public.

Elon Musk
Because Musk owns the majority of the shares, it could push his net worth over the trillion dollar mark.
The entrepreneur is known for his leadership of Tesla, SpaceX, X, and xAI.
Musk has been the wealthiest person in the world since 2025; as of May 2026, Forbes estimates his net worth to be $788 billion.
SpaceX has filed for a blockbuster public listing in the United States, paving the way for what could become the largest stock market debut in Wall Street history.
The company, formally known as Space Exploration Technologies, announced plans to begin trading under the ticker symbol “SPCX” as early as next month.
The listing values SpaceX at about $1.25 trillion, with Musk’s majority ownership potentially worth more than $600 billion alone.
Combined with his existing holdings in companies including Tesla, the IPO could push Musk’s personal wealth above the $1 trillion mark.
The long-awaited filing also offered investors a rare look into SpaceX’s finances.
The company reported $18.6 billion in revenue last year but recorded a net loss of $4.9 billion. In the first quarter of this year, SpaceX generated $4.7 billion in sales while posting a $4.3 billion net loss.
Financial disclosures showed the company holds $102 billion in assets, including rockets, launch infrastructure and satellite systems, while carrying debts totalling $60.5 billion.
Despite the losses, analysts suggested investors were unlikely to be deterred given SpaceX’s dominance in commercial space launches and satellite internet services.
Ruth Foxe-Blader, managing partner at Citrine Venture Partners, described the planned flotation as “extremely exciting.”
“SpaceX is just an absolutely sprawling, enormous project with so many different selling points, and so many points that really point to the future,” she said.
SpaceX operates the Starlink satellite internet network and also owns Musk’s artificial intelligence company, xAI.
The IPO filing revealed that xAI recently reached a major commercial agreement with rival AI company Anthropic, maker of the Claude chatbot.
Under the arrangement, Anthropic will reportedly pay $15 billion annually to access data centre infrastructure linked to xAI operations in the American South.
The filing also disclosed that SpaceX expects to incur more than half a billion dollars in legal costs from multiple ongoing lawsuits and regulatory disputes.
Among the cases listed were claims alleging that xAI’s chatbot Grok had been used to create sexualised deepfakes of women and girls, alongside patent infringement disputes, music copyright claims, data breach allegations and investigations into compliance with European Union content moderation rules.
Musk has previously said he plans to dissolve xAI as a standalone company and pursue his AI ambitions directly under SpaceX.
The filing came shortly after Musk lost a high-profile legal battle against OpenAI and its chief executive Sam Altman.
Musk had accused OpenAI of abandoning its non-profit mission after shifting towards a commercial model, but a jury dismissed the lawsuit, ruling that he had waited too long to bring the claims.
News
Moniepoint Boosts UK Payments Security

African financial services platform Moniepoint has partnered with open banking software-as-a-service provider tell.money to deploy a transaction security system in the UK market.

The companies said the partnership will allow Moniepoint to implement Confirmation of Payee, an account name-checking service designed to verify recipient details before payments are processed.
The integration will be rolled out through Monieworld, Moniepoint’s UK remittance subsidiary, as part of the company’s broader European expansion strategy.
Tell.money will provide the underlying verification technology, which the companies said is intended to reduce misdirected payments and help protect users against cross-border fraud.
Ravi Jakhodia, CEO of Monieworld, said: “Our goal with Monieworld is to build financial services for Africans in the diaspora.”
He added that tell.money was selected because it manages compliance and accreditation requirements, allowing the fintech company to focus on customer service.
Moniepoint is entering a competitive UK-to-Africa remittance market that includes established providers such as Wise, WorldRemit and Remitly, as well as African fintech firms including Flutterwave’s Send App.
According to data from the World Bank’s KNOMAD programme, remittance flows to low- and middle-income countries are estimated at about $620 billion annually, with digital -first platforms capturing increasing market share through open banking integrations and automated compliance systems.
The rollout reflects a broader trend of African fintech firms expanding into developed markets by adopting local regulatory and open banking standards.
Industry analysts expect diaspora-focused platforms to evolve beyond money transfers into services such as multi-currency banking, credit and investment products.
E-Financial3 days agoGriffin Capital Group Launches Integrated Financial Services Group Positioned to Strengthen Capital Formation in Nigeria, Africa
Telecom3 days agoGoogle unveils Gemini-powered advertising, commerce tools at Marketing Live 2026
E-Financial3 days agoCBN to Simplify Bank Alerts over Rising Customer Complaints
E-Business3 days agoKaspersky Detected More than 92,000 Malware Attacks Disguised as AI Services in Four Months
Telecom3 days agoTelcos in Nigeria, other Emerging Markets Squeezed by Diesel Crisis
Telecom3 days agoNigeria gets AI-ready Lagos data centre
Telecom2 days agoMTN to Turn its African Tower Network Into a Distributed AI Compute Grid
News2 days agoElon Musk to Become First World’s Trillionaire with SpaceX Historic IPO













