Telecom
Founder Institute Lagos Cohort IV Begins February 2021

The Lagos ecosystem remains the role model ecosystem for the African continent.
To this end, Founder Institute Lagos, in partnership with Stanbic IBTC, continues to support the launching of more high-quality startups.
The current FI Lagos alumni portfolio is 60+ companies and as at today, about 15 founders have already registered for Cohort IV which is to kick off in February 2021.
The Founder Institute’s curriculum is a rigorous 14-weeks blended program which guides founders as they build their solutions, matches them with accomplished mentors who provide practical and real-time guidance, and helps founders grow their network and reach.
Every graduate company of FI Lagos is part of the global Founder Institute, a community that births innovative solutions that have not only been tested and validated but proven to be ground-breaking.
With the available support from mentors who are startup CEOs and top executives, founders are equipped with the needed skills and training for building sustainable businesses.
In the words of Ifedy Eze, Lead Director, Founder Institute Lagos, “we are excited to launch a new cohort. We believe that the future of Africa lies at the intersection of entrepreneurship and technology and it is quite fulfilling to be on the driver’s seat on this journey.
“We are committed to launching impactful businesses that will leverage the force of technology to tackle some of Africa’s most intractable challenges”.
Commenting on the life-changing opportunity FI represents, Osiremiza Oyofo, founder, Hair Envy, said, “FI is an opportunity to open your mind far beyond what you thought was possible and is proof that thrusting yourself into difficult situations is the way to go! Your imagination will take you far but FI will take you further”.
The Founder Institute operates across 200+ cities and 6 continents, with 4,500+ Graduates building some of the world’s fastest-growing startups.
The founder of Izanu, Comfort Onyaga, eloquently expresses her admiration thus: “FI means resilience! Building a sustainable company against all odds and joining the bravest team of entrepreneurs is a journey to the other side of your fears which eventually births a sustainable startup.
Stanbic IBTC Founder Institute Lagos is also committed to increasing female inclusion and parity within the tech ecosystem with its Female Founder Initiative which supports the participation of more women in the program. Apply here if you are building or intend to launch a startup.
To demonstrate its earnestness in promoting gender equality within the ecosystem, the Institute has also increased female representation in the faculty of mentors to almost 40%. Founder Institute’s Regional Director for Africa, Chukwuemeka Fred Agbata Jnr. stated,
“As a team, we know that female leadership improves team dynamics and we are committed to supporting more women to participate actively in the tech ecosystem. We hope to assist them to become a part of the global FI movement.”
Cohort IV would once again run virtually in order to keep everyone safe. Apply here to be a part of Cohort IV of the FI Lagos Accelerator.
Telecom
Terra Moves to Expand in African Drone Sector, Secures $22m Funding

Olugbenga Agboola, Flutterwave CEO has joined a $22 million funding extension for Nigerian defensetech start-up Terra Industries as Africa’s fast-growing drone and security technology sector begins to attract capital far beyond traditional venture circles.

The round was led by Lux Capital, with participation from Agboola through Resilience17 Capital and returning investors including 8VC and Nova Global.
It follows an $11.75 million raise just weeks earlier, bringing Terra’s total funding to $34 million as the company accelerates expansion into high-risk security markets.
Terra, founded in 2024 by 24-year-old chief engineer Maxwell Maduka and CEO Nathan Nwachuku, builds autonomous drones and surveillance systems designed to protect critical infrastructure such as energy facilities, logistics corridors and industrial sites. The startup says it is already safeguarding assets worth billions of dollars while securing early federal and commercial contracts.
Agboola’s involvement highlights a broader shift in African tech investment patterns. While fintech has long dominated venture flows, escalating infrastructure sabotage and terrorism threats have elevated demand for locally developed security hardware.
“Nigeria’s drone ecosystem is rapidly evolving from hobbyist and mapping use cases toward industrial monitoring, border surveillance and energy protection, areas increasingly seen as foundational to economic stability.
“This is about backing infrastructure security at scale. Africa’s growth depends on resilient systems that protect critical assets,” said Agboola.
Terra CEO Nwachuku is adamant that locally engineered systems are better suited to African operating conditions. “We are building tools designed for the realities on the ground. Security technology should not always be imported when local innovation can respond faster and more effectively,” he stated.
Lux Capital partner Brandon Reeves underlined that the investor appetite, which has drawn fintech heavyweight interest such as Agboola, reflects rising cross-sector confidence in African defense technology as a commercial category. “Security is a prerequisite for economic growth,” he said.
“As Terra ramps production and expands regionally, its funding milestone illustrates a wider transformation. Drone and autonomous security platforms are no longer peripheral experiments but emerging pillars in Africa’s technology landscape, where fintech leaders and venture capital converge around safeguarding the infrastructure powering the continent’s next growth phase,” said Reeves
Telecom
Temu Assures Compliance Amid Nigeria Data Privacy Probe

Temu, the global e-commerce platform expanding in Nigeria, has officially addressed an inquiry from the Nigeria Data Protection Commission (NDPC) over alleged data privacy violations, confirming its commitment to compliance with the Nigeria Data Protection Act (NDPA) 2023.

Temu
The company’s response follows NDPC’s investigation into Temu’s data processing practices.
In a statement to Nigeria CommunicationsWeek, Temu stressed its dedication to local and international data protection standards, noting ongoing communication with the regulator. “At Temu, protecting user privacy and data security is a top priority. We are committed to complying with applicable laws and regulations in our data practices,” the statement read.
Temu further affirmed: “We can confirm that Temu has received the inquiry and is engaging with the Commission. We will continue to engage in open and constructive dialogue with the NDPC to address any questions or concerns.”
Under Dr. Vincent Olatunji’s leadership, NDPC has ramped up scrutiny of foreign digital platforms to safeguard Nigerian citizens’ personal data—from contact details to financial information—ensuring transparent and secure handling. For e-commerce giants like Temu, managing vast consumer data volumes demands strict regulatory alignment to sustain operations and trust in Africa’s biggest economy.
Industry observers view Temu’s proactive stance as a savvy bid to ease tensions, mirroring Nigeria’s firm handling of platforms like X (formerly Twitter) and fintechs. This engagement underscores NDPC’s rising clout, compelling investors and foreign entrants to prioritise data compliance costs.
Nigeria CommunicationsWeek sees Temu’s approach as a model for global retailers eyeing Nigeria’s booming digital retail sector through 2026.
Telecom
NIMC Rolls Out WorkflowPro for Paperless Correspondence

National Identity Management Commission (NIMC) has deployed WorkflowPro as its official platform for the digital submission and management of correspondence.

NIMC
Kayode Adegoke Phd, Head, Cooperate Communications of NIMC said this in a press statement on Tuesday, 17th February, 2026, pointing out that this was “In furtherance of President Bola Ahmed Tinubu’s Renewed Hope Agenda and the Federal Government’s commitment to institutionalizing a paperless public service.”
According to the statement, “The adoption of WorkflowPro marks NIMC’s formal transition to a paperless operating environment and reflects the Commission’s resolve to strengthen governance, improve administrative efficiency, and standardize records management in line with approved public sector reforms. The platform provides a secure, structured, and traceable system for managing both internal and external communications, thereby enhancing accountability and operational transparency.
“Under the new framework, all external correspondence to NIMC will be processed electronically through WorkflowPro. The system enables end-to-end tracking of submissions, accelerates internal routing and response timelines, and ensures secure electronic archiving of official records. This approach eliminates the risks associated with manual handling of documents while reinforcing compliance with established information management standards.”
Adegoke added that “The implementation of WorkflowPro is consistent with the Federal Government’s Enterprise Content Management (ECM) policy, which mandates the digitization of official records and the elimination of physical file movements across all Ministries, Departments, and Agencies (MDAs) .
“Accordingly, all external correspondence addressed to the National Identity Management Commission must be submitted via the NIMC WorkflowPro platform, accessible through the official portal link or by scanning the designated QR code:
Portal Link:https://workflowpro-nimc.com/Submit . Correspondence
To support effective implementation, NIMC has approved a 30-day transition period from the date of this announcement, during which stakeholders are expected to acquaint themselves with the new process. Upon the expiration of this period, the Commission will discontinue the acceptance of manually submitted letters and paper-based correspondence.
“WorkflowPro was developed by NIMC’s in-house technical team under the directive of the Director-General/Chief Executive Officer, Engr. (Dr.) Abisoye Coker-Odusote. The platform forms part of a broader institutional reform agenda aimed at strengthening the security of official communications, reducing administrative delays, and entrenching digital governance within the public service.
“The National Identity Management Commission enjoins all stakeholders to take note of this policy directive and ensure full compliance.”
General News3 days agoJumia Targets Break-even in 2026 After Strong Q4 Surge
General News3 days agoNigeria’s Banks Race to Meet CBN Recapitalisation Deadline Amid Verification Push
General News3 days agoBOI, MTN Foundation Unveil N1Bn Fund for Women Entrepreneurs
E-Financial3 days agoNo VAT on Land, Buildings and Rent Under New Tax Law — Oyedele
General News2 days agoUBA Unveils Diaspora Platform to Connect Global Africans with Investment, Wealth Opportunities
News2 days agoAfrican Leaders Highlight Africa’s AI Ambitions
E-Financial3 days agoCBN Slams Up to N10m Fine on Banks and Cheque Printers for Security Breaches
General News2 days agoNDPC Orders Probe into Temu over Alleged Data Privacy Breaches


















