Telecom
Tradefada Bags Best Crypto Exchange Platform of the Year 2022 @Afritech Awards

Tradefada, a One-Stop Cryptocurrency exchange platform, yesterday at the prestigious Oriental Hotel in Lagos won this year’s Best Crypto Exchange Platform at the Afritech Awards, organized by Techcastle Foundation.

L-R: Peter Oluka, Editor, Techeconomy.ng and Co-Founder of Techcastle Foundation, Prof. Abdu-Ja’afaru Bambale, Executive Director, Technical Services, Nigerian Communications Satellites Limited presenting award to Mr. Seun Dania, Founder and Chief Executive Officer of Tradefada as Chike Onwuegbuchi, Co-Founder of Techcastle Foundation looks on, at the Afritech Awards, held recently at the prestigious Oriental Hotel in Lagos.
Presenting the award to Tradefada, the organizers noted that Tradefada as a company has distinguished itself in the Fintech space by offering traders the ability to buy into the crypto market through various local fiat currencies and trade on over 100 pairs of the top and most reliable cryptocurrencies.
“Having done our independent research, we found out that Tradefada stood out among other companies in its class.
“Thus, we rate the company as the Best Crypto Exchange Platform of the year 2022,” said Chike Onwuegbuchi, Co-Founder of Techcastle Foundation.
Mr. Onwuegbuchi added that in the burgeoning fintech ecosystem, the Tradefada platform combines the reliability and swiftness of a web-based exchange with the convenience and portability of a mobile app. These features, he noted are not found in some other platforms offering same services.
Meanwhile, an elated Mr. Seun Dania, Founder and Chief Executive Officer of Tradefada, while commenting after receiving the award, described the award as a show of resilience and dedication to do what is right.
He dedicated the Best Crypto Exchange Platform of the year 2022 award to the staff and partners of Tradefada, whom he believes contributed greatly to the growth of the platform since it was founded in 2017.
While assuring that award will spur Tradefada to work harder in sustaining the goodwill the platform has received from the industry, Mr. Seun disclosed that the company is about to launch the Tradefada Nigeria app to cater to the Nigerian market.
“We are grateful to the organizer for finding us worthy of this award. We believe it is a call to more work because to whom much is given, much is also expected,” he said.
Tradefada provides solutions to all levels of cryptocurrency traders’ needs. Through strategic partnerships with excellent third-party service providers, its services extend to over 30 countries, providing easy access to buy and sell crypto for various fiat currencies. made possible.
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.”
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