General News
Nigerian Youths, Technology & the Future
In this digital age, the backbone of every economy is hinged on Technology with entrepreneurship driving the growth of the entire system.
We see Technology powering every facet of human endeavor, enabling effective governance, empowering security, driving economic and social changes.
No nation especially the developing countries can afford to neglect the importance of technology if they want to be relevant in future.
Going by the projections from Gartner, Information Technology spending will nearly hit $4 trillion threshold by the end of this year and then Software spending will be $158 billion in 2016.
The positive economic indexes coming from Nigeria as an emerging market, we are certainly a centre of global attraction.
The most unfortunate thing is we are yet to realize some of these inherent potentials as to take rightful position to benefit from them, this is our greatest undoing!
I have often times stated that for a country like Nigeria, the realities of achieving the UN Millennium Development Goals(MDGs) within the given time will still be an illusion if we do not quickly channel the strength of the young population into exploring ways of creating wealth and opportunities through the use of Technology.
It is obvious that Nigerian youths when given the right technology tools and support can create products and services that will impact on the economy of the country positively, perhaps this could be the panacea to unemployment.
Just as a recent report released from the research done by Omidyar Network on Accelerating Entrepreneurship in Africa, shows that despite the challenges entrepreneurs in Nigeria face like lack of easy access to capital, infrastructural and power deficiencies etc., there is a positive and strong entrepreneurial culture in Nigeria driven by the young population.
This shows that many young Nigerians are eager to become entrepreneurs if given the needed support in an enabling environment!
As a startup founder, observing, facilitating and following the Tech trends (www.techtrendng.com) in Nigeria over the years, this is one of the most interesting times in terms of the realities and possibilities of technology entrepreneurship amongst young people.
In that spirit, many young Nigerians despite the daunting challenges are working so hard to build tech Start-Ups that will be globally competitive. These young Techpreneurs are continuously placing Nigeria in the eyes of Global media attracting investment and re-branding the image of the nation.
At the just concluded Mobile Web West Africa conference held in Lagos, the event which is a leading Mobile-focused conference tracts the development and trends in the Mobile ecosystem in the region.
The conference which x-rays the impact and economic potentials of Mobile devices and Applications, saw delegates from leading Mobile business all over the world participate.
The most amazing thing at that conference was seeing a lot of young Nigerians, who have started their own Tech Startups as Software and Application developers.
The passion and drive seen in these young people can only be likened to what our Super Eagles football team did at the last African Cup of Nation-#winning!
A good number of these young people who also live in Nigeria are making headlines and grabbing attention internationally.
Talk about Iroko Partners, Jumia, Konga, Jobberman, Kaymu,Paga,TruSpot,The Inye Tablet etc are a few of such Tech businesses attracting great funding from international organizations and corporations.
The Beni American University- an Online University founded by the 24-year old Gossy Ukanwoke is one Startup that needs mentioning. Ideas like the iPolice, iConnect, iWatch, BudgIT, Enough is Enough Nigeria, social media platforms and bloggers are many of such driving social changes in Nigeria and have received global recognitions. The Maliyo games, Kuluya games, Danfo Driver games, AfriNolly etc. are all driving Nigerian content into relevance.
The effort of the duo- Bosun Tijani and Femi Longe, Founders of Co-creation Hub (CcHub) Nigeria is worthy of mentioning.
The CcHub which is at the centre of tech innovation amongst young people in Nigeria is Nigeria’s first open living lab and pre-incubation space designed to be a multi-functional, multi-purpose space where work to catalyze creative social tech ventures take place.
It is a place for technologists, social entrepreneurs, government, tech companies, impact investors and hackers in and around Lagos to co-create new solutions to the many social problems in Nigeria.
The organizers of Mobile Monday are doing their bits too.
The Women in Technology in Nigeria organization is at the heart of grooming and mentoring Young Girls in becoming Techpreneurs.
Recently they organized a Mobile Application Development Competition for young girls in secondary schools in Nigeria; I saw many Mobile apps developed by these Young girls.
One of such Apps is a Traffic Monitoring App developed by the Princeton Girls for ICT, their project was showcased in the US at the Technnovation competition in May 2013.
The Software Nigeria Challenge for Higher Education Community in Nigeria powered by the Institute of Software Practitioners of Nigeria (ISPON) has seen many Applications being developed by young people.
Seeing the great potentials in these young Nigerians, several Multi -national Companies like Google, Microsoft, Nokia, Blackberry, Tecno are harnessing the potentials of these young app developers in building their platform and also supporting the growth of the ecosystem.
And then the critical question is-What is the Government doing to facilitate the growth of Youth Tech Entrepreneurship in Nigeria? Indeed, over the years Government has not played their role in creating the enabling environment for these young Tech entrepreneurs to thrive; it seems government is beginning to appreciate the importance as seen by the recent effort of the newly created Ministry of Communications Technology led by Mrs. Omobola Johnson.
The ministry has set up Software Venture Fund, commissioned two software incubation centers in Lagos and Calabar, inaugurated a Technology Innovation Committee, these are all steps in the right direction which are commendable but a whole lot needs to be done by government to support technology entrepreneurs in Nigeria.
One of the major tasks of government is not to be a player but to help structure, facilitate and promote the growth of the ecosystem in Nigeria where Venture capitals, Accelerators, Incubators, Angel investors, the Private Public Partnership, the academics, Multinational Companies will be stakeholders in the ecosystem driving innovation.
And then most importantly, the right people with hands- on experience in Tech entrepreneurship should be involved to make these projects by government achieve the desired goals.
For other young people who are yet to embrace techpreneurship, this few advice can be of great help seeing what the future holds.
Learn the necessary skills in Technology: With the way things are going, not every skill, vocation or training will be relevant for the future. It is time for more young Nigerians to get into the field of Software Engineering, Microelectronics, Nanotechnology, Computer and information sciences, Physics, Mathematics and related courses.
Here, am not just talking about getting the certificate or degrees and then go to look for a job, am talking about learning it so you can start up something with what you have learnt, you begin to create value in the society as well.
Generate Ideas from problems around You: Nigeria is faced with a lot of problems no doubt; it simply means that there are a lot of opportunities in finding the solution to those problems.
Studying the problems and proffering a solution to them using technology is what am talking about here. Generate ideas that will address those problems like poverty, lack of quality Education, unemployment, social changes, bad governance, environmental challenges, Technology deficiency, health and many others.
As Mobile is said to be the future of Africa, explore the use of Mobile phones and Mobile Internet then Mobile Applications; these are growing so fast in Africa. Jeff Bezos, the founder of Amazon.com said this about the Internet just before he started” Anything growing that fast is going to be ubiquitous very quickly” Seeing this about the Internet at that time motivated him to start Amazon.com and today Amazon is a leading Tech company in the World. m-Commerce , m-Health, m-learning, m-agriculture, m-governance, m-social etc. offer new opportunities.
Imbibe the Success Attitude: The words of Thomas Edison, the great inventor suitably summarizes the attitude you need to have as an aspiring techpreneur.
He said” The most important factors of invention can be described in few words. They consist first of definite knowledge as to what one wishes to achieve, one must fix his mind on that purpose with persistence and begin searching for that which he seeks, making use of all accumulated knowledge on the subject. He must keep searching no matter how many times he may meet with disappointment. He must refuse to be influenced by the fact that someone else may have tried the same idea without success. He must keep himself sold on the idea that the solution of his problem exists somewhere and that he will find it. When a man makes up his mind to solve any problem, he may at first meet opposition, but if he holds on and keeps on searching, he will be sure to find some sort of solution.
The trouble with most people is that they quit before they start. In all my experiences, I do not recall having ever found solution to any problem connected with my work on my first attempt. And one of the most surprising things is the fact that when I discovered the thing for which I am searching, I generally find that It has been within my reach all the time; but nothing except persistence and a will to win would have revealed it”
Omeruo, Editor www.techtrendsng.com sent via [email protected]
General News
Identy.io Targets Nigeria, Kenya in Its Africa Expansion Strategy

Nigeria and Kenya are the next target markets for Identy.io, a global provider of digital identities, as it expands into Africa. Facial, fingerprint, and palm identification are among the safe, mobile biometrics that the company specialises in.

According to Indenty.io, its platform runs locally on smartphones, eliminating cloud storage while maintaining security and privacy.
It goes to say this is achieved by leveraging standard smartphones for fingerprint and face scans, the company aims to bridge the continent’s digital divide, where a significant number of adults still lack basic identification.
To spearhead this rollout, the firm has appointed a specialised regional leadership team, including industry veterans from Nigeria’s Bank Verification Number programme, to integrate their automated Biometric Identification System into national digital public infrastructure.
The company says the significance of this move lies in the departure from traditional, “clunky” biometric models.
Historically, digital ID enrollment in Sub-Saharan Africa has been throttled by the high cost of specialised scanners and the logistical nightmare of deploying them to rural areas.
Identy.io notes that its approach shifts the heavy lifting to mobile software.
Identy.io is positioning itself to capture a market the World Bank’s Identification for Development initiative identifies as critical for financial inclusion.
If successful, this could accelerate government-to-person payments and healthcare access in regions where coverage currently sits below 70%.
“We are transforming the traditional industry model, which often relies on expensive and inflexible digital infrastructure,” says Antony Vendhan, Co-founder of Identy.io. “This allows our clients to reach underserved communities by providing individuals with multimodal access to secure their digital identities.”
The company will face established players like IDEMIA and Thales, who have long dominated government contracts.
Furthermore, Identy.io will face competition from up-and-coming regional fintech identity firms such as Smile ID, which already has a significant presence in Know Your Customer services throughout Africa.
To gain an edge, Identy.io has aligned itself with Modular Open Source Identity Platform (MOSIP).
By being listed on the MOSIP marketplace, the company says its tech becomes “plug-and-play” for governments building open-source national ID systems, a growing trend among nations wary of “vendor lock-in.”
While the primary focus remains on Nigeria and Kenya, Identy.io’s long-term roadmap includes a phased rollout to other emerging markets.
General News
Nigeria Market Powers Jumia’s Momentum as E-commerce Platform Demand Accelerates

Nigeria powered Jumia Technologies AG’s strongest growth in 2025, cementing its position as the company’s most important market as rising consumer demand, SME activity and logistics expansion boosted performance across the e-commerce platform.

In the fourth quarter of 2025, Jumia’s Nigeria operations recorded a 50% year-on-year increase in Gross Merchandise Value (GMV) and a 33% rise in orders. The performance highlighted growing adoption of online shopping and Jumia’s increasing relevance to African consumers.
Nigeria’s momentum helped drive 36% year-on-year GMV growth and 34% revenue growth across the group in the quarter, alongside a 26% increase in quarterly active customers. Growth was supported by stronger customer retention and higher order frequency.
Beyond sales growth, Jumia said its Nigeria operations are delivering wider economic impact. The platform supports thousands of local SMEs, enabling them to reach customers nationwide, while continued investment in fulfilment centres and last-mile delivery is creating income opportunities for logistics partners and sales agents.
Efficiency gains were also evident. Fulfilment costs per order declined 12% year-on-year, contributing to a 39% reduction in operating losses and a 47% drop in adjusted EBITDA losses in the fourth quarter. Cash used in operating activities fell sharply to $1.7 million, compared with $26.5 million a year earlier, while liquidity stood at $77.8 million at year-end.
Temidayo Ojo, Chief Executive Officer of Jumia Nigeria, said the results reflect growing trust from consumers and businesses. “Nigeria is central to Jumia’s growth,” Ojo said. “Each order supports local sellers, delivery partners and jobs, while improving access to affordable products for consumers.”
For the full year, Jumia reported 14% GMV growth and 13% revenue growth, with losses narrowing significantly. Looking ahead, the company expects Nigeria to remain a key growth driver as it targets 27–32% GMV growth in 2026 and aims to reach adjusted EBITDA breakeven by the fourth quarter of 2026.
General News
PalmPay Celebrates Valentine with #LoveWithPalmPay Campaign

This Valentine’s Day, PalmPay is celebrating love in all its forms with the launch of #LoveWithPalmPay, a campaign highlighting how simple, everyday shared money moments can bring relationships closer.

Valentine’s Day is more than grand gestures; it’s built on the small, meaningful actions that shape relationships, sending timely support, saving together, or managing shared responsibilities. PalmPay encourages users to share 30–60 second real-life stories, either solo or duet style, showing how PalmPay always works and has helped them support or stay connected with someone they love.
The campaign runs from February 9th to 21st across Facebook, Instagram, X (formerly Twitter), and TikTok. Four winners will receive ₦100,000 each week for two weeks, totalling a prize pool of ₦800,000.
Entries can take many forms, including couple videos, solo stories, split-screen duets for long-distance couples, or voiceover narratives with photos or clips, making the campaign inclusive for married couples, parents, and long-term partners.
How to Participate:
- Share an authentic love story about your partner
- Clearly show PalmPay in action (transfers, savings, or other in-app activities)
- Be creative and emotionally engaging
- Post between February 9th – 21st with the hashtag #LoveWithPalmPay
- Share on any of PalmPay’s social media platforms
“Love evolves, and so do relationships,” said Olorunfemi Hanson, Head of Marketing and Communication, PalmPay. “From dating to parenthood, the small money moments we share every day play a big role in keeping us connected. With #LoveWithPalmPay, we want to celebrate those stories and show how PalmPay always works, making everyday love simpler, reliable, and meaningful.”
This Valentine’s Day, PalmPay celebrates love as it truly is real, intentional, and built on shared moments.
PalmPay is a leading digital banking platform driving financial inclusion and economic empowerment in underserved emerging markets. Through its secure, user-friendly, and inclusive suite of financial services, PalmPay empowers individuals and businesses with tools to manage and grow their money.
PalmPay offers a comprehensive range of products, including mobile payments, savings, and micro-insurance via its app and mobile money agent network.
Since launching in Nigeria in 2019 under a Mobile Money Operator license, the platform has grown to over 35 million app users and processes up to 15 million transactions daily. PalmPay has operations in Nigeria, Ghana, Tanzania, and Bangladesh. For more information, visit www.palmpay.com
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