• Latest
  • Trending
N42bn debt: FG halts proposed disconnection of USSD banking services by mobile operators

‘Apple buys Nigerian app $1bn’

2 years ago
Contempt: Court sends EFCC boss to Kuje prison

Contempt: Court sends EFCC boss to Kuje prison

3 hours ago
NFIU: No going back on cash withdrawal limit

Naira scarcity: Three APC governors sue FG

6 hours ago
Nollywood actress gets N400,000 donation few minutes after complaining about bank issues

Nollywood actress gets N400,000 donation few minutes after complaining about bank issues

6 hours ago
BREAKING: I’ll continue to campaign for Tinubu- Buhari

Oyo APC: Why Tinubu’s Ibadan rally was postponed

6 hours ago
BREAKING: Machina loses as Supreme Court affirms Lawan Yobe North APC senatorial candidate

BREAKING: Machina loses as Supreme Court affirms Lawan Yobe North APC senatorial candidate

7 hours ago
Why Tinubu is not granting live interviews- Keyamo

JUST IN: Tinubu postpones Ibadan rally indefintely

7 hours ago
NCC: Nigeria, Niger Republic sign MoU on border frequency coordination

NCC: Nigeria, Niger Republic sign MoU on border frequency coordination

9 hours ago
Nigerian player collapses, dies during match in Spain

Nigerian player collapses, dies during match in Spain

11 hours ago
16-year-old boy rapes brother’s wife in Ondo

Man arrested for shooting sister’s boyfriend

12 hours ago
Nigerian singer, Tems meets Beyonce, Jay-Z ahead of Grammy awards

Nigerian singer, Tems meets Beyonce, Jay-Z ahead of Grammy awards

22 hours ago
Civil Societies honour Tinubu with Grand Commander of African Politics award

Civil Societies honour Tinubu with Grand Commander of African Politics award

1 day ago
UBA GMD/CEO, Oliver Alawuba, conferred with doctorate degree by Imo State University

UBA GMD/CEO, Oliver Alawuba, conferred with doctorate degree by Imo State University

1 day ago
Adebayo’s ‘The Waiting Room’ reveals life in childless marriages

Adebayo’s ‘The Waiting Room’ reveals life in childless marriages

1 day ago
How Nigerian pastor’s wife was killed in US

How Nigerian pastor’s wife was killed in US

1 day ago
UPDATED: Keyamo, Dogara trade words on Twitter over Tinubu

UPDATED: Keyamo, Dogara trade words on Twitter over Tinubu

1 day ago
NLC slams El-Rufai over comments, says his ‘extremism dangerous for democracy’

NLC slams El-Rufai over comments, says his ‘extremism dangerous for democracy’

2 days ago
Soldiers kill motorcyclist in Ibadan

Soldiers kill motorcyclist in Ibadan

2 days ago
‘It’s false’- Ex-Oyo Speaker faults  Fashola’s account of Ladoja’s impeachment

‘It’s false’- Ex-Oyo Speaker faults Fashola’s account of Ladoja’s impeachment

2 days ago
  • Contact Us
  • Advertise
Monday, February 6, 2023
Newspeakonline
  • Home
  • Politics
  • Business
  • Entertainment
  • Technology
  • World
    • Africa
    • Americas
    • Asia
    • Europe
  • Opinion
  • Interview
  • Newspeak ExclusivesNew
No Result
View All Result
  • Home
  • Politics
  • Business
  • Entertainment
  • Technology
  • World
    • Africa
    • Americas
    • Asia
    • Europe
  • Opinion
  • Interview
  • Newspeak ExclusivesNew
No Result
View All Result
Newspeak
UBA
Home Science & Technology Tech

‘Apple buys Nigerian app $1bn’

Akinwande Soji-Ojo by Akinwande Soji-Ojo
April 22, 2021
in Tech
Reading Time: 2 mins read
272 14
0
N42bn debt: FG halts proposed disconnection of USSD banking services by mobile operators
Share on FacebookShare on TwitterShare on WhatsAppShare on Telegram

An application developed by a young Nigerian has been bought by Apple for $1 billion, according to the Minister of Communications and Digital Economy, Dr Isa Pantami.

RelatedPosts

Apple to launch iPhone 14 September

BridgeGap introduces innovative app, 56 Bridge to ease recruitment processes

NCC alerts Nigerians to malware targeting banking app details

The minister disclosed this during the World Creativity and Innovation Day (WCID) at the National Centre for Artificial Intelligence and Robotics, Wuye, Abuja on Wednesday..

Pantami, who did not give details of the deal, however, expressed optimism that the sky is the limit for indigenous young innovators and urged them to remain steadfast in their resolve to take advantage of opportunities in the digital economy sector.

According to him, the future is bright going by the unfolding success stories on digital innovations and skills, particularly from the youth.

He said another young innovator came first at the Gulf Technology Innovation and Exhibition (GITEX) in Dubai by defeating over 700 contestants from 78 countries.

The event, which was part of activities for the celebration of the National Information Technology Development Agency (NITDA) 20th Anniversary, also featured an Innovation Challenge, where 800 youths presented their startups for competitions.

Five startups that emerged as winners were given N2 million each by the Federal Government to support their innovative solutions.

Pantami said the startups would be given letters of commendations by the Federal Government in addition to being carried along by NITDA in other national and international engagements.

Director-General of NITDA, Kashifu Abdullahi, said the digital innovation space is making waves in Africa and beyond, adding that the efforts should be made to support the Federal Government.

He said: ”Today is a double celebration of NITDA’s 20th Anniversary and World Creativity and Innovation Day. It is the International Creativity and Innovation Day recognised by the United Nations and designated to celebrate creativity and innovation and raise awareness of the importance of creativity and innovation in problem-solving to advance the UN’s Sustainable Development Goals.

“Innovation is a vital key to the prosperity of any nation, and our prospects for future economic growth largely hinges on our ability to innovate.

“Innovation is the ability to invent and drive those inventions towards commercialisation and job creation.

“The Nigerian digital innovation space is making waves on the African continent and beyond. According to a report by the Startup Genome and a survey on Nigerian Micro, Small and Medium Scale Enterprises (MSMEs), there is about 6,500 MSMEs, some in the digital, with Lagos having about 700 digital innovation registered businesses worth over $2 billion.”

Related

What’s your Reaction?
Like
Like
0
Dislike
Dislike
0
Laugh
Laugh
0
Angry
Angry
0
Sad
Sad
0
Accurate
Accurate
0
0 Shares
Facebook Twitter WhatsApp Linkedin Messenger
×

Share this post!

Facebook Twitter WhatsApp Linkedin Messenger Telegram Tumblr
Tags: AppApplePantanmi

Recent Posts

Telegram auctions usernames for Nigerian govt, agencies, businesses, celebrities

Telegram auctions usernames for Nigerian govt, agencies, businesses, celebrities

January 16, 2023 - Updated on January 19, 2023
France fines Microsoft €60m over advertising cookies

France fines Microsoft €60m over advertising cookies

December 22, 2022
Why Elon Musk may step down as Twitter CEO

Elon Musk to quit as Twitter CEO when he finds someone ‘foolish enough to take the job’

December 21, 2022
Why Elon Musk may step down as Twitter CEO

Why Elon Musk may step down as Twitter CEO

December 19, 2022
Elon Musk terminates $44bn Twitter takeover deal, board kicks

EU threatens sanctions after Twitter suspends journalists’ accounts over clash with Elon Musk

December 16, 2022
PDP, APC exchange words over Twitter’s decision to site African HQ in Ghana

JUST IN: Twitter down as users experience trouble loading page

December 11, 2022
NCC: 3.5GHz Spectrum auction will take place as planned

NCC-CSIRT warns Nigerians on latest phishing attacks

December 3, 2022
Elon Musk announces date  for Twitter Verified launch

Elon Musk announces date for Twitter Verified launch

November 25, 2022
Next Post
You must contest for president in 2023, Ebonyi deputy governor tells Umahi

Insecurity: Invite those making unsubstantiated claims on social media, Ebonyi gov tells DSS, Police

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Newspeakonline

© 2020 Newspeak & Associates
Optimized by IChannelTech.

Navigate Site

  • Breaking News
  • Business
  • Entertainment
  • Interview
  • Newpeak Magazine
  • Newspeak Exclusives
  • Politics

Follow Us

No Result
View All Result
  • Home
  • Latest News
  • Politics
  • Business
  • Entertainment
  • Technology
  • World
  • Opinion
  • Interview
  • Newspeak Exclusives

© 2020 Newspeak & Associates
Optimized by IChannelTech.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Newspeak We would like to show you notifications for the latest news and updates.
Dismiss
Allow Notifications