Science & Tech
Nigeria Ranks top 10 Worldwide for Crypto Adoption
A Blockchain Technology Company, EMURGO Africa in partnership with PricewaterhouseCoopers (PwC) disclosed that Nigeria ranked among the Top 10 worldwide for crypto adoption.
It said in a statement made available to the press in Lagos that this was revealed in its “State of Web3.
0 in Africa” report unveiled on Friday.EMURGO Africa said that the report provided an expansive and insightful analysis of the emergent influence of blockchain and Web3.
0 technologies within Africa and the Middle East and North Africa (MENA) region.Blockchain Technology is defined as a decentralised record of transactions that are stored on a huge number of computers across the internet.
Web 3.0 is a decentralised internet built on an open blockchain network that is not owned and controlled by large entities.
EMURGO Africa said that the report showed that Nigeria’s position emphasised its role in propelling financial inclusion and nurturing innovation in the digital currency sector in West Africa.
“The report casts a spotlight on the pivotal rise of blockchain investment within Africa.
“With compelling statistics, it heralds Africa’s burgeoning presence within the global blockchain arena,” it said.
According to the company, the report revealed that blockchain funding soared by 1.668 per cent in 2022 compared to the preceding year, accumulating a total of 91 million dollars in countries like Kenya, South Africa and Nigeria.
It said that the report showcased Kenya’s speedy growth in implementing blockchain solutions that stimulated economic development in East Africa.
EMURGO Africa added that in South Africa, the report indicated the escalating adoption of Web3.0 and blockchain technologies that are revolutionising industries via secure and transparent data management in Southern Africa.
It stated that the report also highlighted Nigeria’s high ranking position in the top 10 worldwide for crypto adoption.
‘’These findings underline the transformative effect of blockchain and Web3.0 technologies in Kenya, South Africa and Nigeria.
“It establishes them as major contributors to the digital revolution unfolding across Africa,’’ the blockchain technology firm said.
The Chief Executive Officer of EMURGO Africa, Ahmed Amer, was quoted as saying that Web3.0 technologies are already redefining the Africa digital landscapes.
Amer said, “Web3.0 technologies are offering innovative solutions to long-standing challenges, empowering individuals and communities across continents.
“This report presents an in-depth exploration of the potential of these technologies to drive positive change.
“It highlights the importance of fostering a collaborative environment between stakeholders, policy makers and regulators to unlock the full potential of Web3.0,” he said.
Amer said that on the global stage, crypto regulation is evolving with 40 per cent of the 35 nations surveyed, having instituted regulatory frameworks.
He added that 34 per cent were actively developing regulatory frameworks and a scanty nine per cent enforcing outright prohibition on crypto currencies.
“With 20 per cent of sub-Saharan African countries currently outlawing crypto currency assets and established data protection laws in countries like Kenya, Nigeria, Egypt and South Africa, the report underscores the importance of a balanced regulatory approach in safeguarding individual privacy and protection,’’ Amer said. (NAN)
Science & Tech
Bayelsa APWEN Donates Laboratory Equipment to St. Judes Girls Secondary School
From Mike Tayese, Yenagoa
The Association of Professional Women Engineers of Nigeria (APWEN) Bayelsa Chapter led by their Chairman, Engr. Dr. Amalate Ann-Jonathan Obuebite FNSE, visited St. Judes Girls Secondary School, Yenagoa in commemoration of the 2026 International Day of Women and Girls in Science, donates laboratory equipment.
The donation, which includes pH meters, weighing scales, measuring cylinders, viscometers, volumetric and conical flasks, beakers, and pipettes is meant to support and encourage the study of Science, Technology, Engineering, and Mathematics (STEM) courses.
Presenting the items to the principal, Mrs. Josephine Imbiakpa, Dr. Obuebite emphasized APWEN’s commitment to promoting STEM education among girls.
Mrs. Imbiakpa expressed immense gratitude to APWEN BAYELSA for the donation, stating that it would motivate students to pursue STEM careers.
The event aimed to inspire girls to explore STEM fields and bridge the gender gap in these areas in line with the theme for this year.
Science & Tech
Technology Crucial to Success of New Tax Laws
NRS chair, Adedej
The Executive Chairman of the Nigerian Revenue Service (NRS), Zacch Adedeji, has described technology as a crucial factor in the implementation of the new tax laws in the country.
Adedeji stated this on Wednesday while delivering the maiden convocation lecture of the Federal Polytechnic, Ayede, Ogo-Oluwa Local Government Area of Oyo State.
In a statement by his Technical Assistant on Print Media, Sikiru Akinola, Adedeji listed some of the most fundamental challenges confronting taxation to include infrastructure, skills, trust and resistance.
In the lecture entitled ‘The Role of Technology in Implementing Nigeria’s New Tax Laws: Challenges, Prospects, and Implications for National Development,’ the NRS chairman said each of these challenges would be addressed with the imminent upgrading of the country’s tax system for a digital environment.
“Nigeria has recently enacted a new set of tax laws, representing the most significant restructuring of our nation’s fiscal legislation in 50 years. While public conversation often frames these changes as legal reforms, and that is true, it is also an incomplete picture.
“These laws are not merely changing rates, definitions, or administrative powers. They are quietly redefining how authority operates within the tax system. This is a complete structural overhaul, signaling the end of tax collection as a manual task and the beginning of tax intelligence.
“If you read the new laws carefully, you will notice a subtle but profound assumption woven throughout their fabric. They presuppose the existence of reliable taxpayer identification, integrated data across institutions, traceable transactions, automated processes, and scalable enforcement.
“In other words, these laws are built for a digital environment. They cannot function properly in a manual, fragmented, paper-based system. The implication is clear: without technology, the laws remain aspirational. With technology, they become operational.
“This transition is central to the mandate of the Nigeria Revenue Service as we implement this new legal framework. Historically, tax administration relied heavily on human discretion over who is registered, who is assessed, who is audited, and who is penalized.
“While discretion is not inherently evil, excessive discretion creates inconsistency, which in turn breeds mistrust and drives non-compliance,” Adedeji said.
Speaking further, he noted that when infrastructure improves, capacity grows, trust is protected, and resistance is managed just as technology begins to do what policy alone cannot.
“One of the most important prospects of a technology-driven tax administration is the ability to expand the tax base without increasing tax rates. This matters deeply in a society where citizens already feel overburdened.
“By improving visibility and bringing previously unseen economic activity into view, technology levels the playing field. When compliance broadens, the pressure on the existing base reduces,
fairness improves, and legitimacy grows. This is how modern tax systems grow revenue sustainably,’ he added.
In his remark, the Speaker of the House of Representatives, Tajudeen Abass, encouraged the graduating students to be good ambassadors of the institution.
Represented by AbdulFatai Buhari, senator representing Oyo North, Abass charged them not to relent in their bid to acquire more knowledge.
He also commended the tax boss for leading the change in tax administration in the country.
The institution’s governing council chair, Yakubu Datti commended Adedeji for leading the re-engineering of Nigeria’s tax architecture.
The Rector of the institution, Dr. Taofeek Adekunle Abdul-Hameed, charged the graduating students to emulate Adedeji who, he said, began his journey from a polytechnic.
Science & Tech
Nigeria, Meta launch AI accelerator programme
The Ministry of Communications, Innovation and Digital Economy has partnered with Meta to launch the Llama Impact Accelerator, promoting impactful AI development in Nigeria.
The Minister, Dr Bosun Tijani, confirmed this in a statement released on Tuesday by Ms Sade Dada, Head of Public Policy for Anglophone West Africa at Meta.
Tijani described the partnership as a significant step in Nigeria’s mission to nurture a thriving AI ecosystem and drive national development through innovation.
He said the government views AI as a key tool for addressing national challenges.
The programme will equip innovators with vital tools and expert guidance.“This initiative forms part of Meta’s broader effort to democratise responsible AI and foster local innovation across Nigeria’s growing technology landscape,” the minister noted.
Tijani added that collaboration with government, academia and civil society will help cultivate a more inclusive, forward-looking AI community in the country.
Dada stated that Meta also partnered with the National Centre for Artificial Intelligence and Robotics (NCAIR) and the National Information Technology Development Agency (NITDA).
She explained that the eight-month programme targets early-stage startups using open-source Llama models to tackle national and regional challenges in four key areas.
The priority sectors include agriculture, security and safety, healthcare, and a ‘wild card’ category for high-impact innovations in any other field.
“The wild card category encourages bold and creative AI applications that could bring substantial impact to underserved sectors,” Dada said.
She added that the programme starts with a six-week incubation phase, offering technical training and mentorship from industry leaders and AI professionals.
This is followed by six months of extended support, including access to further technical resources and relevant opportunities for growth and scaling.
Dada said Meta was thrilled to collaborate with FMCIDE on this initiative, recognising Nigeria’s strong innovation ecosystem and growing pool of AI talent.
She added that Meta aims to empower communities through open-source AI, tailored to address Nigeria’s unique development challenges.
“The accelerator offers local talent the infrastructure, tools and mentorship needed to build responsible solutions using open-source models like Meta’s Llama,” she said. (NAN)


