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Tayo Oviosu: The Man Using Technology to Make Payments Easier in Nigeria
PICTURE: Tayo Oviosu, founder of Paga.
Biography
Tayo Oviosu is a Nigerian entrepreneur and the founder of Paga, a digital payments company that helps people
transactions. It also built a network of agents to help people access financial services in their communities.
Website
[Paga](paga.com)
Takeaway
You don't have to travel far to find a problem worth solving. Sometimes, the problems
5.🛢️ NAPE Promotes AI in Oil Exploration: Energy leaders at NAPE showcased AI-powered seismic analysis and automated field monitoring to improve oil recovery, optimize operations and reduce well downtime.
4. 🤖 Heirs Energies Invests $1.1B in Automation
Heirs Energies is deploying AI, automated sensors, real-time analytics, and edge computing across its onshore oil wells to reduce operational downtime.
3. 🚀 Google & ONDI Back Startup Investor Drive
Google for Startups, UK-Nigeria Tech Hub, and ONDI have partnered with Magna Collective to connect Nigerian engineering startups with investor networks.
2. 💳 Onafriq Exits Nigerian Agent Banking
Onafriq has shut down its Nigerian agent banking business after five years, citing rising costs and liquidity challenges in the cash-in/cash-out market.
1. 1. ☁️ Nigeria Loses ₦1.13T Annually to Foreign Cloud Reliance
Luminate’s CEO warned that Nigeria loses ₦1.13 trillion yearly due to dependence on foreign cloud services. He called for stronger local data infrastructure and data sovereignty enforcement.
5. Her Startup Cohort Opens for WomenLed Tech Ventures
What’s Happening:
“Her Startup” has opened applications for its second accelerator cohort across Africa. The programme targets women-led tech businesses, offering incubation, technical mentorship,investment-readiness support.
4. Free Educational Data Pipeline for Tertiary Students Underway
What’s Happening:
Nigeria’s Education Ministry announced plans to collaborate with major telecom operators to roll out zero-rated educational data access for students across tertiary institutions.
3. 3. NITDA & Tech Revolution Africa Target ₦3 Billion Startup Pitch Pipeline
What’s Happening:
NITDA and Tech Revolution Africa launched a funding initiative at the 2026 DNICE Builders Festival to support early-stage Nigerian tech startups with up to ₦3 billion.
2. FG Calls on Tech Founders to Build on New Digital Postcode System
What’s Happening:
The Federal Government is encouraging Nigerian developers to build apps, logistics tools, and location-based services using the new nationwide Digital Postcode System.
1. The NCC “NCC-Checker” Phone Verification Crackdown
What’s Happening:
Millions of mobile users across Nigeria reportedly received SMS alerts from “NCC-Checker” warning that their phones are unverified and could be blocked from mobile networks after 30 cumulative active days.
5. US & Nigeria Partner to Boost Young Innovators
The US Embassy and commercial partners launched an initiative to connect young Nigerian entrepreneurs with international investors, global markets, and tech incubators.
4. World Bank Highlights Nigeria’s AI Growth
The World Bank highlights Nigeria’s growing AI adoption, as local developers and startups use open-source models to solve challenges in fintech, agriculture, and education.
3. Nigeria Launches 90,000km Fibre Optic Project
The Federal Government is rolling out over 90,000km of fibre-optic cables across all 36 states to improve internet speeds and expand broadband access nationwide.














