News
NITRA Seeks Regulator, Operators Collaboration in ICT Development

Nigerian Information Technology Reporters Association (NITRA) has called on the industry regulators and players in the Information and Communication Technology industry to partner with the association with a view to strengthening industry and engendering better industry development.
In a statement issued by the association in Lagos by Mr. Emma Okonji, NITRA’s president, said, though the telecoms has witnessed tremendous growth in the past 12 years of its liberalsation, such development would not have been possible without having an informed body of journalists accurately presenting the developments in the industry in a way that has continued to attract investors into the sector.
According to him, telecoms industry has recorded over $25 billion as at the middle of 2012, saying the development witnessed in the telecoms industry is also possible in other segments of the ICT industry such as hardware, software and outsourcing as well as in the electronic business space, with robust partnership NITRA as a critical stakeholder in the industry.
Okonji said NITRA, which is the umbrella body of ICT journalists affiliated with the Nigerian Union of Journalists (NUJ), expects collaborations from industry regulators such as the Ministry of Communications Technology, the Nigerian Communications Commission, the National Information Technology Development Agency, the Nigerian Satellite Communications Limited (NIGCOMSAT), Galaxy Backbone, among others.
“We also expect telecoms operators as well as other players in the ICT industry to be more responsive in collaborating with us towards building a more virile and thriving ICT industry from now,” he said.
Okonji averred that through better collaboration, journalists can be more informed on industry challenges and opportunities and report same with a view to highlighting proactive steps needed by each stakeholder towards addressing identified threats in the operating environment.
“By reporting accuracies, we would also able to help existing and potential local ad foreign investors identify investment opportunities and communicating to them the enabling environment being provided by the regulators to make investments secure,” he added.
Speaking on the raison d’être of NITRA, Okonji said: “We believe that collaboration between the regulators, the operators and the media is very key to future success of the ICT industry and this has informed the coming together of reporters in the industry under NITRA to ensure a more co-ordinated industry-media partnership for effective reporting. So, at NITRA, our goal is to promote Information Technology (IT) development in our country, and at the same time remain relevant in the scheme of development, through focused collaboration with government agencies and industry stakeholders.”
According to him, “Following the birth of NITRA on October 25, 2013 and the elections of interim executives held on Thursday, November 21, 2013, NITRA executives have begun awareness exercise for the association.”
Aside Okonji as President, other executives members of NTRA include Stan Okenwa of The Champion as Vice President; Kunle Azeez of National Mirror as Secretary General; Florence Onuegbu of News Agency of Nigeria (NAN) as Financial Secretary/Treasurer; Naimah Ajikanle-Nurudeen of Daily Trust as Welfare Officer and Justus Adejumoh of Business Hallmark as Public Relations Officer.
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.
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