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Autochek Launches First-Ever African Online Truck Loans Marketplace

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Autochek, the auto tech company that aims to build solutions for the African market, has announced the launch of its online truck loans marketplace in Nigeria and Ghana, in a bid to migrate the trucking industry to online transactions and increase financing penetration.

The first-of-its-kind truck loans marketplace in Africa, the launch follows Autochek’s recent expansion to Ghana, one of Africa’s most advanced automotive markets

With hundreds of truck dealers across Nigeria and Ghana on its platform, the fleet ranges from Flatbeds, Semi-trailers, Tankers as well as Heavy, Garbage and Panel trucks.

As part of the roll-out, Autochek is partnering with key logistics stakeholders in Nigeria and Ghana including Kobo360, to finance trucks for African e-logistics transporters and truck owners. This means that customers interested in owning a truck can do that with financing at the best rates.

The new platform is available via the Autochek Android app or website and all trucks undergo a 150-point check inspection process before being listed to guide the customers on the exact state of the trucks.

Today’s news allows the company to provide the same services to trucks as it does with the cars already listed on its platform; Autochek’s 360-degree solution provides truck financing through finance partners with core expertise in fleet financing such as Baobab Group & FundQuest with spread across Africa and competitive rates.

To ensure trucks are kept on the road in good conditions, truck owners also enjoy affordable and expert maintenance services from standardised workshops and technicians in the Autochek partner network.

John Egwu, Autochek’s VP of Operations says, “Autochek’s focus has always been on transforming automotive trade on the continent. Now it is time for us to extend our services to trucks, as we build out our network and support our partners by providing a structured market for them to purchase and maintain their fleet.”

“Financing penetration for trucks is lower than 1% in Africa and our ambition is to migrate what is known to be a core offline market to a digital platform, in order to increase financing penetration and create a one-stop-shop that will not just meet partners’ needs but also ultimately increase earning capabilities and job creation across the value chain.”

Autochek, launched in 2020 by serial entrepreneur Etop Ikpe and backed by TLcom Capital, 4DX Ventures, combines technology and data to enhance the buying and selling experience across African consumers, by creating a single marketplace for all automotive needs.

To date, the Autochek app already has 20,000 unique vehicles listed on its platform, and more than 12,000 dealers and private sellers as well as a range of corporate partners and customers.


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General News

NigComSat-1R, Nigeria’s Only Satellite to Expire this Year

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NigComSat-1R, a Nigerian geostationary communications satellite will outlive its usefulness this year, meaning that the satellite will expire anytime now.

NigComSat-1R, Nigeria’s Only Satellite to Expire this Year

NigComSat-1R was launched by China Great Wall Industry Corporation (CGWIC) for Nigeria on December 19, 2011, as a replacement for the failed NigComSat-1.

NigComSat-1 which was put in the orbit in May 2007, was de-orbited in November 2008 following the development of power fault.

It was replaced with NigComSat-1R by the same company and has a lifespan of 15 years.

Positioned at 42.5°E, it provides C, Ku, Ka, and L-band services across Africa, Europe, and parts of Asia for broadcasting and internet.

Should the satellite fail, support for television broadcasting, internet connectivity, and secure communications for government and private sectors, may be affected.

The satellite is currently been controlled from China since 2019 following technical issues with the Abuja control station.

NigComSat-1R is currently the only active communications satellite managed by NIGCOMSAT Limited, though it operates alongside other Nigerian observation satellites.

 

 


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Banks, Offices to Close for Thursday and Friday for Eid-el-Fitr

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Federal government has declared Thursday, March 19, and Friday, March 20, as public holidays to mark this year’s Eid-ul-Fitr celebration.

Banks, Offices to Close for Thursday and Friday for Eid-el-Fitr

Consequently, banks, schools and offices nationwide will be shut for the two days.

The declaration was made by Olubunmi Tunji-Ojo, minister of Interior, on behalf of the government, according to a statement issued on Tuesday, by Magdalene Ajani, permanent secretary of the ministry.

Eid-el-Fitr, meaning ‘festival of breaking the fast,’ is one of the most important feasts in Islam.

The festival marks the end of Ramadan, a sacred month of fasting, prayer, and spiritual reflection observed by Muslims worldwide.

During Ramadan, Muslims fast from dawn to sunset, abstaining from food, drink, and other physical needs as an act of devotion to Allah.

Eid-el-Fitr is a time of joy and gratitude, beginning with a special congregational prayer at mosques and open prayer grounds.

It is also marked by feasting, gift-giving, and charitable acts, particularly the giving of Zakat al-Fitr, a mandatory charity given to the less privileged before the Eid prayer.

Congratulating Muslim faithful on the successful completion of Ramadan, Tunji-Ojo urged them to sustain the virtues of love, generosity, peace, tolerance, and sacrifice imbibed during the period.

He also called on Nigerians to use the festive season to pray for the peace, unity, and continued development of the country.

The minister further encouraged citizens to celebrate responsibly and extend acts of kindness to the less privileged, in line with the spirit of the season.

He reiterated the Federal Government’s commitment to promoting national unity and peaceful coexistence among all Nigerians.


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NITDA, Partners Train Nigerian Women to Strengthen Cybersecurity Workforce

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National Information Technology Development Agency (NITDA) has launched a specialised training programme aimed at empowering Nigerian women with cybersecurity skills and increasing their participation in the country’s growing digital security workforce.

NITDA, Partners Train Nigerian Women to Strengthen Cybersecurity Workforce

NITDA

The training, tagged “Cyber for Women”, was organised by NITDA in collaboration with Women in Cybersecurity and held on Tuesday, March 10, 2026 in Abuja.

Speaking at the event, NITDA’s Director of Cybersecurity, Mohammed Lawan Ahmed, represented by Ayodele Bakare, described the programme as a deliberate effort to position Nigerian women at the forefront of the country’s digital security ecosystem.

Ahmed said the initiative was designed not merely as a training session but as a strategic investment in Nigeria’s digital future and global cybersecurity resilience.

“Today’s programme is not just another training but a strategic investment in the future of Nigeria’s digital security landscape and the world at large, and this time women are intentionally positioned at the centre of the approach,” he said.

According to him, the programme underscores the growing role of women in the global digital revolution and highlights the need to equip them with the necessary skills to contribute meaningfully to cybersecurity.

“Today is a declaration that the women of Nigeria are not bystanders in the digital revolution; they are its architects,” he added.

Ahmed noted that cybersecurity has become a critical pillar for digital transformation in an increasingly technology-driven world.

He pointed out that while global demand for cybersecurity professionals continues to rise, women remain significantly underrepresented in the field.

To address this gap, he said the training aims to provide participants with knowledge, practical tools and collaboration opportunities necessary to thrive in the cybersecurity space.

“Our objective is clear: to empower Nigerian women in cybersecurity with knowledge, tools and collaboration opportunities,” he said.

He added that the participation of women in the training reflects their readiness to tackle emerging cyber threats and contribute to safeguarding Nigeria’s digital ecosystem.

“Your presence here today signifies commitment and readiness for the ever-evolving digital age and its evolving cybersecurity risks,” he said.

The Cyber for Women training forms part of NITDA’s broader efforts to build local capacity, promote digital inclusion and strengthen Nigeria’s cybersecurity workforce.


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