Category: Science & Technology

Paddy Cover and Pricepally have emerged winners of the 2022 Dubai World Trade Centre Lagos talent show with TruQ emerging the EIC and Lagos State winner.

The insuretech firm, Paddy Cover, co-founded by Mayowa Owolabi and Tobi Obasa, and the food sourcing and distribution tech firm, Pricepally, owned by Luther Lawoyin, as well as TruQ, owned by Williams Fatayo, beat 24 other contestants who pitched their ideas before six judges.

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University of Nigeria Nsukka (UNN) has emerged winner of the 2022 Nigerian Genius Engineering Competition – receiving a cash prize of one million Naira.

Team UNN (Benstowe Destiny, Uzodinma Somto, David Okenwa) designed and built a Portable Water-Powered Electricity Generator that can be installed in every home with an overhead water tank.

It also includes an Energy Management System, which monitors and displays power generation, consumption and reserve.

Forty-five (45) tertiary institutions were shortlisted for the competition and egineering students representing four (4) tertiary institutions in Nigeria competed in the finals of the competition in Aba.

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NowNow Digital Systems Limited has launched in Nigeria, a first of its kind fully integrated near field communication (NFC) enabled wallet, which allows complete contactless payments to take place on the platform.

This new function provides fast, easy, and safe cashless payments for NowNow customers using android smartphones, automated teller machine (ATM) cards, and point of sale (POS) devices.

The most innovative feature of this technology turns smartphones into digital point of sale terminals for micro to small-sized businesses including individuals, agents, and merchants.

Continue reading NowNow Digital Systems Launches Nigeria’s First Fully Integrate NFC Wallet

Ifeoma Uddoh has emerged winner of the inaugural SelectUSA Tech Nigeria Pitch Competition; a United States government program led by the U.S. Department of Commerce that supports international business expansion to the United States.

Ifeoma Uddoh, a 2021 alumna of the Academy for Women Entrepreneurs is the founder of Shecluded, a fintech start-up dedicated to bridging the financial inclusion gap among women of colour.

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Team Stemlab has emerged winner of the FSI/FUTMinna Innovation Challenge 2022 tagged ‘IncludeMe virtual Hackathon competition’ held on April 12, 2022.

Team Stemlab won with its innovative app, Maaji, an online and offline mobile payment platform in the Hausa language aimed at financial inclusion for both the banked and unbanked Nigerians.

Team Stemlab defeated nine other contestants to emerge victorious, receiving a grand prize of ₦1.5 million while the 1st runner-up, Team Rocket, received ₦1 million and Team EarNest came third, earning ₦500,000.

Continue reading Team Stemlab Wins FSI/FUTMinna Innovation Challenge 2022