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General News

NIGCOMSAT Launches Second Edition of Accelerator Programme for Startups

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Nigerian Communications Satellite (NIGCOMSAT Ltd.) has launched the second edition of its Accelerator programme, aimed at propelling start-ups into the global space-tech arena.

NIGCOMSAT Launches Second Edition of Accelerator Programme for Startups

This announcement was made in a statement by Aisha Bantam, assistant general manager, Corporate Affairs at NIGCOMSAT, on Thursday in Abuja.

Bantam clarified that the accelerator programme offers a transformative journey, comprising key stages with a unique combination of mentorship, networking, and exposure.

She further explained that prospective participants would need to complete application forms available on the company’s website.

In her statement, Mrs Jane Egerton-Idehen, managing director, NIGCOMSAT Ltd., remarked that start-ups would be able to leverage satellite technology to tackle everyday challenges across various sectors.

Egerton-Idehen mentioned that the programme encourages applications from sectors such as space-tech, Agri-tech, fin-tech, ed-tech, health-tech, and cybersecurity.

She explained that the market value attached to this programme serves as a prestigious stamp of partnership with NIGCOMSAT, opening doors to the expansive global market and providing participating start-ups with valuable visibility and profitable opportunities.

She also highlighted that the participating start-ups would progress from initial conception to market-ready solutions.

 

 

 

 

 

 


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Accion MfB Partners DBN to Promote Women-inclusive Financial Services

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Accion Microfinance Bank has partnered with the Development Bank of Nigeria (DBN) to promote accessible and innovative financial solutions, with a special focus on empowering women entrepreneurs.

This initiative was announced during the bank’s first Customer Forum for the year 2025, which held virtually under the theme, “Unlocking Opportunities for Growth,” garnered the participation of Accion MfB’s Managing Director and CEO, Taiwo Joda; DBN’s Chief Operating Officer, Bonaventure Okhaimo; Accion MfB’s Chief Commercial Officer, Stephen Olalere; and Chief Digital Officer, Paul Ehiagbonare.

Joda announced a new loan initiative developed in partnership with DBN, exclusively designed for women entrepreneurs. This new product, Joda said, reinforces the bank’s commitment to gender-focused financial inclusion.

Joda said, “This initiative marks a significant milestone in our loan offerings, ensuring that women have the financial resources needed to grow their businesses and thrive. With these enhancements, we are providing customers with a more efficient and secure digital banking experience.”

On his part, Okhaimo, while speaking at the forum emphasized the importance of leveraging financial technology to drive business scalability. “We must find ways to harness these platforms to support MSMEs, enabling them to grow sustainably while contributing to the broader economy.”

Meanwhile, Acting Head of Marketing Communications at Accion MfB, Anita Oguni, expressed the bank’s commitment to supporting businesses, entrepreneurs, and individuals through tailored financial solutions.


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GoDaddy Unveils GoDaddy Airo®: Transforming SMEs with AI-Powered Solutions

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GoDaddy, a global leader in empowering entrepreneurs, unveiled GoDaddy Airo®, an innovative AI-powered experience set to transform small and medium-sized businesses sector.

This groundbreaking new AI-powered experience enables entrepreneurs to establish a comprehensive online presence within minutes, bridging the gap between vision and digital reality.

Selina Bieber, Vice President for International Markets at GoDaddy, emphasized the new experience’s significance, “GoDaddy Airo® provides accessible AI-powered tools for African entrepreneurs and business owners to realize the benefits of using AI technology to help build and grow their digital brands together effortlessly.”

The AI-driven features include instant brand creation, digital marketing tools, Search Engine Optimization, and a user-friendly interface that allows navigation of advanced features without technical expertise.

GoDaddy Airo® generates custom logos, websites, and email addresses in moments, develops targeted social media calendar aligned with local events, and enhances online visibility with built-in email marketing campaigns.

Many small business owners feel they face challenges in leveraging new technologies, primarily due to high implementation costs and lack of in-house technical expertise.

GoDaddy Airo® eliminates these obstacles by providing cost-effective solutions accessible to businesses of all sizes, an intuitive design requiring no specialized skills, and comprehensive support and resources to confidently embrace AI technology and realize its benefits to their business operations.

With the purchase of a domain name, GoDaddy Airo® leverages the power of AI to make it easy to start a business and take it to the next level with a user-friendly online interface that requires no technical expertise.

Key features include:

  • Logo Creation – Building a compelling visual identity is essential for any business but can be time-consuming and expensive. With GoDaddy Airo® entrepreneurs can generate unique, professional logos in minutes, providing a solid brand image without needing design expertise.
  • Instant Website Development – One of the platform’s standout features is its ability to generate complete websites instantly. Entrepreneurs can publish a functional site with personalized content within minutes, simplifying digital presence creation without technical skills.
  • Automated Search Engine Optimization – GoDaddy helps businesses enhance their search rankings by providing suggestions to optimize their websites with targeted keywords and descriptions. AI analyses and recommends improvements, increasing visibility in search engine results and helping small businesses attract more customers.
  • Professional Email Services – A company domain-based email not only builds customer trust but also promotes the brand with every message sent. Additionally, it is backed by advanced email security through Microsoft 365, with features such as proactive protection, email backup, archiving, and seamless migration.

“GoDaddy Airo® can offer business owners new opportunities, while saving valuable time, so they can focus on building their brand, engaging with their customers and growing,” added Bieber.


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OpenAI’s Weekly Active Users Surpass 400 million

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ChatGPT developer OpenAI’s weekly active users surged past 400 million in February, a company spokesperson told Reuters on Thursday, highlighting rapid growth in the adoption of artificial intelligence tools.

The Microsoft-backed startup had 300 million weekly active users in December. Its paying business users also crossed 2 million in February, more than doubling from its last update in September.

The upbeat numbers come weeks after China’s DeepSeek launched an AI model it said could match or even outperform Western rivals at a fraction of the cost, stirring doubts about U.S. dominance in the generative AI space.

But a surge in demand for DeepSeek since then has caused outages at the small startup.

There have also been questions around how DeepSeek was able to obtain Nvidia’s H800 chips, used to train AI models, even though Washington had banned their exports to China.

OpenAI reported a twofold increase in developer traffic for its reasoning models over the last six months and a fivefold surge for its o3 model since its launch in late January.

 


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